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CNA Insurance · 1 week ago

Underwriting Trainee - Surety

Boston, MA

Full-time

Hybrid

New Grad

$35K/yr - $65K/yr

CNA Insurance is a leading surety company known for its expert underwriting and market leadership. They are seeking an Underwriting Trainee to participate in a one-year program focused on learning underwriting principles and standards while analyzing and evaluating business risks.

FinanceFinancial ServicesInformation ServicesInformation TechnologyInsuranceProperty ManagementReal EstateRisk Management

Responsibilities

Reviews bond applications and financial documentation to determine if the applicant is an acceptable risk in accordance with company guidelines and standards

Determines the need for additional evidence of financial standing and appropriate strategy

Instructor-led training, testing, self-study courses, web-based training and practical application with guidance through a formal mentoring program

Recommends 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

May assist in marketing products and services through agencies or through the brokerage community

Develops and maintains positive agency and/or broker relationships to ensure positive outcomes

May travel approximately 1 to 1 ½ days a week to agent locations shadowing more senior underwriters prospecting business

Performs other essential duties as assigned

Qualification

FinanceAccountingBusiness AdministrationAnalytical SkillsMarketingCommunication Skills

Required

BA/BS in Finance, Accounting, Business Administration or similar program

Must possess excellent communication and analysis skills

Preferred

Prior work or internship experience in a related discipline (finance, credit, accounting) strongly preferred

Minor in Marketing or Communication Studies a plus

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.