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Rating Specialist, Middle Market

CNA

  • Lake Mary, Florida
  • 6 days ago

    Highlights

    Under general supervision, handles New Business and or Renewal Rating transactions, including but not limited to New or Renewal business quotes, New or Renewal business rating or pricing revisions for two or more lines of business within Middle Market or Specialty Lines. Responds to policy service requests from Underwriters, Underwriter Associate and or Underwriting Technician for all levels of complexity across multiple lines of Middle Market business.

    Numbers & Facts

    LocationLake Mary, Florida
    IndustryOther/Not Classified
    Company Size100 to 499 employees
    Year Founded1940
    Websitehttps://www.cna.org/

    Description

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. 


    CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them — and their family members — achieve their physical, financial, emotional and social wellbeing goals.

    For a detailed look at CNA’s benefits, check out our Candidate Guide.


    CNA currently has an opportunity for a Rating Specialist supporting our US offices.

    Under general supervision, handles New Business and or Renewal Rating transactions, including but not limited to New or Renewal business quotes, New or Renewal business rating or pricing revisions for two or more lines of business within Middle Market or Specialty Lines.

    JOB DESCRIPTION:

    Essential Duties & Responsibilities
    Performs a combination of duties in accordance with departmental guidelines:

    • Reviews incoming business transactions and related information for completeness, accuracy, and quality. Works with Underwriter, Underwriting Technician or Associate to resolve any discrepancies and process New or Renewal business related transactions in a timely manner.
    • Performs rating to support New or Renewal business quotes for multiple lines of business. Performs manual rating functions for non-system supported coverages.
    • Gathers third party data and insurance application data to record information in predictive modeling tools that enable the underwriter new business risk selection and pricing decision process. Data gathering includes reviewing exposures, loss experience and other account information to ensure accurate entry to underwriting proprietary tools and models.
    • Regularly reviews department processing guidelines and procedures and provides recommendations as necessary to modify existing guidelines to ensure accuracy.
    • Determines workflow activities required to process insurance policy based on line of business.
    • Responds to policy service requests from Underwriters, Underwriter Associate and or Underwriting Technician for all levels of complexity across multiple lines of Middle Market business.
    • May act as a resource for questions to less experienced peers.

    May perform additional duties as assigned.


    Reporting Relationship
    Supervisor or above

    Skills, Knowledge & Abilities

    • Knowledge of insurance industry and its products and services such as Auto, Workers Comp, Package and Specialty lines within Commercial business.
    • Strong written, verbal, and interpersonal communication skills. 
    • Be a proven performer against goals and metrics.
    • Ability to handle multiple tasks and prioritize work with a demonstrated sense of urgency.
    • Vast knowledge of Microsoft Office suite, with a proficient level of experience directly within Excel,  and other business-related software. 
    • Analyzes all available data, guidelines, and metrics to make logical, well-informed, creative, and effective decisions.
    • Takes ownership and accountability for resolving issues in a timely manner.


    Education & Experience

    • High school diploma, GED or equivalent.  
    • Typically, at least 3 years of multi-line Commercial Specialty lines or prior Rating/ Underwriting experience.  
       

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    CNA utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.


    CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact 

    leaveadministration@cna.com

    About Company

    CNA's approach to research is a modern iteration of the Newtonian principle that complex, dynamic processes are best understood through direct observation of events and people. That was the methodology CNA analysts first applied in the 1940s when they pioneered the field of operations research by helping the Navy address the German U-boat threat. Not content to study the problem from afar, this small group of MIT scientists insisted on deploying with Navy forces in order to observe operations and collect the data needed for meaningful analyses. Their groundbreaking work, and the anti-submarine warfare equations it produced, set a standard for operations research methods that CNA has maintained for 75 years. Today, with more than 500 professionals at our headquarters and 50 researchers in the field, CNA still takes a multi-disciplinary, real-world approach to our work. On-site analysts carefully observe all aspects of a process—people, decisions, actions, consequences—and then collaborate with a headquarters-based research team to assess data and arrive at findings. CNA's objective, empirical research and analysis helps decision makers develop sound policies, make better-informed decisions, and manage programs more effectively. Our work, which in its early decades focused solely on defense-related matters, has grown to include investigation and analysis of a broad range of national security, defense, and public interest issues including education, homeland security and air traffic management. Through our Center for Naval Analyses and Institute for Public Research, we provide public-sector organizations with the tools they need to tackle the complex challenges of making government more efficient and keeping our country safe and strong.

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