Assistant Underwriter - Healthcare

CNA Hardy; Manchester; On-site; GBP 25,000 - 45,000; Full time

Job description

We are looking for an Assistant Underwriter in our Healthcare team to be based in either our Manchester or Birmingham office.

Function / Area: Underwriting

Reporting to: AVP/Underwriting Manager

Position Summary

Support the execution of the Healthcare business plan by supporting underwriting teams, focusing on developing underwriting skills and technical knowledge whilst helping to manage existing accounts and identifying new business opportunities.

Key Responsibilities

• Contribute to business plan achievement by handling renewals and writing new business within underwriting authority.
• Work on both Company and Lloyd’s Platforms and with both Regional and London Brokers.
• Establish and build upon relationships with brokers and work with specific broker partners to achieve distribution targets.
• Working with brokers and underwriters to identify new business and cross sell opportunities.
• Support the preparation of the business plan and any other document/information as required.
• Ensure accurate entry of policy aggregate information onto the relevant software and spreadsheets, as required. Ensure the syndicate records and files are maintained and up to date. Validate USMs and SCMs on a daily basis.
• Prepare and report figures and statistics for the business unit or team account.
• Support the monitoring and control of the business, as directed by Underwriters.
• Liaise with the Underwriting Assistants Team and Admin Support Team.
• Manage Broker and Coverholder referrals within the Team SLAs.
• Regularly and accurately update core reports for the Healthcare Team.
• Developing and managing the Light Touch Renewal and Small Business Portfolio.
• Prepare for and attend broker and client meetings with Underwriters.
• Comply with all applicable legal and regulatory requirements and ensure, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance.
• May perform additional duties as assigned.

Skills, Knowledge & Experience

• Developing an understanding of business objectives and the market in which we operate.
• Intellectual curiosity and interest in Healthcare.
• Ability to plan and organise own role effectively and work as a Team but also to self motivate.
• Understanding of accounting principles.
• Mathematical and statistical ability.
• Developing understanding of risk management and governance framework and how own role fits into it.
• Appreciation of the necessity of underwriting discipline.
• Developing a practical understanding and analysis of risk, pricing, contract wordings, and claims.
• Ability to promote own profile and CNA Hardy to brokers and clients.
• Demonstrated analytical and problem solving skills.
• Effective communication and rapport building skills.
• Effective influencing skills.
• Ability to be assertive when appropriate.
• Ability to use appropriate systems to the technical level required.
• Interest in working toward CII qualification.
• Appropriate knowledge of all relevant regulatory and legal requirements applicable to the position.

Additional Information

Company Overview

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We are part of CNA Financial Corp, the 8th largest U.S. commercial property and casualty insurance company. Established in 1897, CNA has approximately 7,000 employees, serving businesses and professionals in the U.S., Canada, Europe and Asia. We offer a wide range of products and services, providing a superior suite of insurance solutions that any organisation conducting business requires.

Why Choose CNA Hardy?

For us, the customer comes first.

Our winning proposition is our commitment to our customers: We offer more than just a policy – we deliver distinctive insurance solutions and we promise a superior customer service. How we deliver on this commitment is what sets us apart from the competition. Here are just some of the reasons you should choose us:

• Our people: We recognise that our staff bring our commitment to our customers to life. Our priority is to be a great place to work so we continue to attract, retain and develop the best talent in the market.
• Our product offering: We develop innovative and specialised solutions by product and industry specialism and create certainty for customers through the delivery of underwriting and service excellence. This comprehensive global product offering supported by superior claim and risk control services is hard to replicate.
• Our relationships: We believe in building enduring relationships and want to focus our energy on partnering with customers and producers who value our approach and seek the same.
• Our track record: Our financial strength underpins our contract with our customers. We receive consistently high ratings from AM Best and Standard and Poor’s proving our ability to deliver on our commitment should the worst happen.

Treating Customers Fairly

• We deal with our Customers in a professional, open and honest way at all times.
• Designing and delivering products that meet their needs.
• Ensuring that no claims are unreasonably rejected.
• Aiming to do things right the first time and putting them right if we get them wrong.

CNA is an equal opportunity employer.

The Company

CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.