Underwriting Audit Consultant – National Accounts Monoline Umbrella & Primary / Excess Casualty (Remote)

📋 Description

• • As an Underwriting Audit Consultant at CNA Financial Corporation, you will be instrumental in upholding the highest standards of underwriting excellence and regulatory compliance across our National Accounts Monoline Umbrella and Primary/Excess Casualty portfolios.
• • This pivotal remote role is designed for a seasoned professional who possesses a deep understanding of complex insurance risks and a keen eye for detail, ensuring that our underwriting practices align with internal policies, procedures, and all pertinent laws and regulations.
• • Your primary responsibility will involve conducting comprehensive underwriting audits for large, complex casualty accounts, with a specific focus on Monoline Umbrella and Primary/Excess Casualty lines of business.
• • You will meticulously review underwriting files, evaluating critical aspects such as risk selection, quoting accuracy, pricing strategies, and adherence to corporate underwriting guidelines and best practices.
• • A significant part of your role will be to assess the overall quality of underwriting decisions, identifying any deviations from established standards and pinpointing areas where improvements can be made.
• • You will be tasked with preparing detailed, insightful reports that clearly articulate your audit findings. These reports will not only highlight identified trends and gaps in underwriting processes but will also provide actionable recommendations for enhancement.
• • Collaboration is key in this position. You will work closely with Business Unit Liaisons, acting as a crucial link between the audit team and the operational underwriting units.
• • Your partnership with these liaisons will ensure that all audit responses are addressed promptly and that necessary action plans are developed and submitted within the stipulated timeframes, fostering a culture of continuous improvement.
• • You will actively support various audit-related projects, contributing your expertise to the implementation of audit findings and recommendations.
• • This involves working collaboratively with leadership and underwriting teams to drive the adoption of best practices and ensure that improvements are integrated effectively and efficiently within established timelines.
• • By partnering closely with the Audit Leader and fellow team members, you will play a direct role in enhancing the overall underwriting quality assurance framework and driving operational efficiencies across the department.
• • Your insights and experience will also contribute to the ongoing development and refinement of CNA's corporate underwriting guidelines, philosophies, and strategic initiatives, shaping the future of our underwriting operations.
• • This role offers a unique opportunity to influence underwriting strategy and contribute to the financial health and stability of the organization.
• • You will be expected to perform additional duties as assigned, demonstrating flexibility and a commitment to supporting departmental and organizational goals, ensuring the smooth functioning of the audit function.
• • The ideal candidate will possess strong technical knowledge of large, complex underwriting risks and established practices within the insurance industry, particularly in casualty lines.
• • Excellent interpersonal and communication skills are essential, enabling you to interact effectively with a diverse range of internal and external business partners at all levels, fostering strong working relationships.
• • Superior analytical and problem-solving abilities are required, as you will need to manage multiple audits and projects concurrently, maintaining a high level of accuracy and thoroughness.
• • A high attention to detail is paramount, coupled with a results-driven approach to identifying and resolving issues, ensuring that all audits are conducted with precision and lead to tangible improvements.
• • Proficiency in Microsoft Office Suite and other business-related software is expected, with experience in Athenium/Team Think being a preferred asset that can streamline your workflow.
• • The ability to adapt quickly and thrive in a rapidly evolving business environment is crucial, as the insurance landscape is constantly changing.
• • This role is ideal for someone with over 5 years of experience in large accounts underwriting and/or Monoline Umbrella, providing a solid foundation for the responsibilities involved.
• • Ultimately, you will be empowered to influence and drive positive change within the underwriting function, contributing significantly to CNA's success.
• • This is a remote position, offering flexibility and the opportunity to work from anywhere within the USA, while being an integral part of a dynamic and forward-thinking team.