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 commercial insurance provider with a rich history and global reach.
- Benefits: Enjoy a dynamic work environment with opportunities for professional development and a strong team culture.
- Why this job: Join a high-performing team and make an impact in the evolving tech and cyber insurance landscape.
- Qualifications: Master's degree preferred, with 10+ years of relevant experience and strong leadership skills.
- Other info: CNA Hardy values diversity and is committed to equal opportunity employment.
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 underwriting appetite, governance and technical guidelines along with monoline specialty business results. Works in collaboration with the Middle Market business unit to deliver strategy and results through industry specialisation.
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 a 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.
Skills, Knowledge & Abilities:
- 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.
Education & Experience:
- 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 stand out but also demonstrate your commitment to staying ahead in the field.
✨Tip Number 3
Consider reaching out to current or former employees of CNA Hardy to gain insights into the company culture and expectations for the Class Manager role. This can provide you with valuable information to tailor your approach.
✨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 fostered a high-performing culture, as this is crucial for the role.
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.
Showcase Your Technical Knowledge: Demonstrate your expertise in the relevant products and markets within your application. Use specific examples to illustrate your mastery of insurance principles and your strategic leadership capabilities.
Highlight Relationship Building Skills: Since the role involves building strong relationships with distribution partners and stakeholders, include examples of how you've successfully managed partnerships in the past. This will show your ability to collaborate effectively.
How to prepare for a job interview at CNA Hardy
✨Showcase Your Technical Expertise
As a Class Manager, you'll need to demonstrate a high level of technical knowledge in Tech E&O and Cyber. Be prepared to discuss your previous experiences and how they relate to the specific products and markets relevant to this role.
✨Highlight Leadership Skills
This position requires strong leadership and management abilities. Share examples of how you've successfully led teams, developed talent, and driven performance in your past roles. Emphasise your ability to build a high-performing team.
✨Demonstrate Strategic Thinking
The role involves developing market-leading products and services. Be ready to discuss your strategic approach to product development and how you have previously identified opportunities for profitable growth in your career.
✨Prepare for Collaborative Scenarios
Collaboration is key in this role, especially with internal and external stakeholders. Think of examples where you've successfully worked with different teams or partners to achieve common goals, and be ready to share these during the interview.