At a Glance
- Tasks: Lead and manage the Tech E&O and Cyber teams, ensuring profitable growth and strategic objectives.
- Company: CNA Hardy is a top specialist in commercial insurance, part of CNA Financial Corp.
- Benefits: Enjoy a dynamic work environment with opportunities for professional development and a strong team culture.
- Why this job: Join a leading company that values innovation and offers a chance to shape industry standards.
- Qualifications: Master's degree preferred, with 10+ years of experience in insurance and 7+ years in management.
- Other info: CNA Hardy promotes diversity and is an equal opportunity employer.
The predicted salary is between 54000 - 84000 £ per year.
We are looking for a Class Manager who will lead and direct Tech E&O and Cyber as a product through both Specialty and Commercial Business units. The class manager is accountable for UW appetite, governance and technical guidelines along with monoline specialty business results. Works in collaboration with Middle Market business unit to deliver strategy and results through industry specialisation. Works with the highest level of authority with matrix reporting across Commercial and Specialty, and with the US.
Day to day management of the UK Specialty Cyber and Technology E&O team, whilst collaborating with Industry specialist practice leader.
Key Responsibilities- Provides expert level technical oversight to ensure business is written in accordance with appetites, authorities and will achieve target loss and expense ratios.
- Develops market leading products and services to drive profitable growth and position CNA as a top quartile performer.
- Collaborates with claims, risk control and actuarial to ensure knowledge sharing on latest trends, and changes in underwriting strategy.
- Regularly interacts with internal and external business partners and stakeholders within CNA.
- Provides governance and oversight to cyber aggregation across the International segment, ensuring we are within the tolerances set.
- Leads a team of London Specialty underwriters.
- Coaches, leads and develops underwriters and directs the development of underwriting training.
- Develops and implements appetite, guidelines, production, profitability and operating plans for enhancing the business and meeting strategic objectives across product and industry specialism.
- Builds a high performing technical team with an emphasis on talent management and succession planning in accordance with corporate strategic direction.
- Analyses and manages human capital to drive increased efficiency and productivity; acts as a liaison to underwriting leadership on critical business issues and drives corporate priorities within assigned areas of responsibility.
- Drives high performance culture through leading by example and setting the tone for the organisation.
- Drives a superior customer experience and continuous improvement through the development and implementation of corporate initiatives involving human capital, processes and technology.
- Builds and develops strong relationships with distribution partners brokers, MGAs/MGUs, cover holders, insurance companies, etc.
- Positions CNA as top quartile performer.
- Builds strong and collaborative relationships between the underwriting teams.
- Drives operational improvement and underwriting effectiveness through use of data and MI reporting.
- Maintains current knowledge on geographic issues and regulations, industry activity and trends.
- Represents the company in industry trade groups.
- Responsible for product wording governance, in conjunction with legal.
- Completes the Lloyds cyber returns.
- Works with reinsurers.
- Complies with all legal and regulatory requirements relevant to the role and ensures that appropriate measures are in place to deliver the activities of the function in compliance with local law and regulation.
- Holds regulatory accountability for underwriting as a Senior Manager.
- May perform additional duties as assigned.
- Proven track record of delivery in the relevant market and product class.
- High level of technical knowledge around relevant products and markets.
- Existing network of market relationships.
- Mastery of insurance principles (legal, operations, practices and procedures) and broad understanding of the critical issues in other related areas in particular underwriting risk and financial management principles.
- Strategic leadership and people management.
- Advanced communication skills which are critical to building consensus across area of influence (external and/or internal relationships), team, and/or matrix environment.
- Strong leadership and management skills demonstrating integrity and professionalism.
- Ability to work and influence in an international environment.
- An additional language would be an advantage.
- Ability to drive results by identifying and resolving significant problems within scope of responsibility.
- Track record of sound judgement and business acumen.
- Acknowledged technical and market expert.
- Acts as a role model, promoting the CNA brand and culture.
- Master's degree or equivalent experience with professional certifications preferred.
- Typically a minimum of ten years of related work experience with demonstrated proficiency in required skills and abilities and seven years of management experience.
CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyds 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 and Europe. We offer a wide range of products and services, providing a superior suite of insurance solutions that any organisation conducting business requires.
CNA Hardy is an equal opportunity employer.
Class Manager - Tech, Media & Cyber employer: CNA Hardy
Contact Detail:
CNA Hardy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Class Manager - Tech, Media & Cyber
✨Tip Number 1
Network with professionals in the insurance and underwriting sectors, especially those with experience in Tech, Media, and Cyber. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends.
✨Tip Number 2
Familiarise yourself with the latest developments in cyber insurance and technology E&O products. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 3
Consider reaching out to current or former employees of CNA Hardy on platforms like LinkedIn. They can provide insights into the company culture and expectations for the Class Manager role, which can be invaluable during your application process.
✨Tip Number 4
Prepare to discuss your leadership style and how you've successfully managed teams in the past. Highlight specific examples where you've driven performance and developed talent, as these are key aspects of the Class Manager position.
We think you need these skills to ace Class Manager - Tech, Media & Cyber
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in tech, media, and cyber insurance. Emphasise your leadership roles and any specific achievements that align with the responsibilities of a Class Manager.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the industry and detail how your skills and experiences make you a perfect fit for the role. Mention your understanding of underwriting principles and your ability to drive results.
Highlight Technical Expertise: Clearly outline your technical knowledge related to cyber and technology E&O products. Provide examples of how you've successfully managed teams and developed market-leading products in previous roles.
Showcase Leadership Skills: Demonstrate your leadership capabilities by discussing your experience in coaching and developing teams. Highlight any initiatives you've led that improved performance or operational efficiency.
How to prepare for a job interview at CNA Hardy
✨Showcase Your Technical Expertise
As a Class Manager in Tech, Media & Cyber, it's crucial to demonstrate your deep understanding of underwriting principles and market trends. Be prepared to discuss specific examples from your past experience that highlight your technical knowledge and how it has contributed to successful outcomes.
✨Emphasise Leadership Skills
This role requires strong leadership and people management abilities. Share instances where you've successfully led teams, developed talent, or implemented strategic initiatives. Highlight your approach to fostering a high-performance culture and how you motivate your team to achieve results.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and decision-making abilities. Prepare to discuss how you would handle specific challenges related to underwriting risk, governance, or operational improvements. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Build Rapport with Interviewers
Establishing a connection with your interviewers can set you apart. Research their backgrounds and the company's culture beforehand. During the interview, engage in active listening and ask insightful questions that show your interest in the role and the organisation's goals.