CNA Insurance · 9 hours ago
Underwriting Specialist - E&O/Cyber Underwriting Center
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$54K/yr - $103K/yr
3+ years expCNA Insurance is dedicated to helping employees realize their career potential within a supportive culture. The Underwriting Specialist will be responsible for underwriting risks in the MPL/Tech E&O and Cyber Business, utilizing company guidelines and making critical business decisions based on technical analysis of applications and risks.
FinanceFinancial ServicesInformation ServicesInformation TechnologyInsuranceProperty ManagementReal EstateRisk Management
Responsibilities
Reviews applications and financial requirements for risks requiring moderate technical underwriting skills. Determines acceptability of 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 quotes and answers questions from agencies, internal and external contacts and escalates issues as necessary
Prepares written communication 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 the decision
Analyzes quality, quantity, and profitability of risks underwritten and prepares reports for management review
May assist in marketing products and services through agencies or through the brokerage community and makes field visits
Develops and maintains positive agency and/or broker relationships to ensure positive outcomes
Keeps current on state/territory issues, regulations and trends
Works with more senior underwriters or management on risks exceeding authority level or requiring special handling
Develop proficiency in all relevant CNA systems. Also, may update the underwriting systems
Qualification
Required
Advanced knowledge of underwriting and insurance industry theories and practices
Demonstrated high level of technical expertise and product specific knowledge of MPL, Tech E&O and Cyber
Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of CNA's internal and external business partners
Ability to work independently
Strong analytical and problem solving skills
Ability to exercise independent judgment and to make critical business decisions effectively
Knowledge of Microsoft Office Suite as well as other business-related software
Demonstrated leadership skills
Bachelor's degree or equivalent experience
Typically a minimum three to five years underwriting experience
Preferred
Professional designations preferred
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.
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
Chief Administrative Officer
Recent News
2026-01-20
2025-11-03
Company data provided by crunchbase