CNA Insurance · 2 weeks ago
Surety Underwriting Trainee
Sioux Falls, SD
Full-time
Onsite
New GradCNA Insurance is a leading provider of surety and fidelity bonds, known for its expert underwriting and market leadership. They are seeking a Surety Underwriting Trainee who will learn underwriting practices through formal training and on-the-job experience, while performing various duties related to risk assessment and client communication.
FinanceFinancial ServicesInformation ServicesInformation TechnologyInsuranceProperty ManagementReal EstateRisk Management
Responsibilities
Reviews insurance applications and documentation to determine if the applicant is an acceptable risk in accordance with company guidelines and standards
Recommends appropriate pricing and coverage modifications or enhancements for risks after complete analysis and consideration of applicant documentation, business factors and competitive situations
Prepares written communications on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations
Verbally notifies agents of decisions where appropriate in order to ensure clear understanding of decisions
Uses available underwriting systems and modeling tools; updates the underwriting systems by documenting pertinent information relative to the underwriting requirements, status and final decision
Prepares quotes and answers questions from agencies and internal or external customers, escalating issues to management as necessary
Negotiates with agents to reach positive and profitable outcomes
Carries out responsibilities consistently, dependably and accurately
Makes field visits to Agent and Broker offices to build relationship and better understand territory and market nuances; accompanies Risk Control on visits to insureds or prospective insureds to better understand risk control assessments relating to risk exposure and control
Interacts with Claim personnel on issues relating to specific claims, and other internal customers such as legal and actuarial concerning the insurability of prospective risks and continued insurability
Develops a working knowledge of product language across all CNA business units, underwriting practices, policies and guidelines
Develops a full, working knowledge of all relevant CNA system
May perform additional duties as assigned
Qualification
Required
Strong desire to develop knowledge and understanding of underwriting
Strong verbal and written communication skills with the ability to develop positive business relationships
Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly and adapt quickly to change
Ability to work independently
Developing decision-making skills
Knowledge of Microsoft Office Suite as well as other business-related software
Demonstrated leadership skills
Bachelor's degree or equivalent experience
Based on product line, successful completion of required exams or work towards certification may be required
Preferred
Bachelor's degree preferred or equivalent experience
Strong preference that candidates have a degree in Finance, Accounting, Economics or Business Administration
Completion of at least one accounting course is preferred for this role
Benefits
Comprehensive and competitive benefits package
Company
CNA Insurance
CNA is one of the largest U.S. commercial property and casualty insurance companies.
Founded in 1897
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
$0.88M2016-09-12Post Ipo Equity· $0.88M
1978-01-13IPO
Leadership Team
Luke Mellors
Vice President, Technology
Daniel Franzetti
Chief Administrative Officer
Recent News
2025-11-03
MarketScreener
2025-11-03
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