CNA Insurance · 1 month ago
Underwriting Trainee - Cyber
Chicago, IL, USA
Full-time
Hybrid
New Grad
$35K/yr - $65K/yrCNA Insurance is committed to creating a culture where employees feel valued and are part of something important. The Underwriting Trainee in the Cyber line of business will learn underwriting practices through formal and on-the-job training while reviewing insurance applications and determining acceptable risks.
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 systems
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
Preferred
Bachelor's degree preferred or equivalent experience
Based on product line, successful completion of required exams or work towards certification may be required
Benefits
CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals.
Company
CNA Insurance
CNA is one of the largest U.S. commercial property and casualty insurance companies.
Founded in 1897
5001-10000 employees
H1B Sponsorship
CNA Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (30)
2024 (32)
2023 (25)
2022 (43)
2021 (32)
2020 (14)
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
EVP of Worldwide Claim
Recent News
2025-11-03
MarketScreener
2025-11-03
Company data provided by crunchbase