Underwriter - PI

Underwriter - PI

Manchester Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our PI Renewals team to assess and underwrite professional indemnity risks.
  • Company: CNA Hardy is a top commercial insurance provider with a global presence and a strong reputation.
  • Benefits: Enjoy a supportive work environment, career development opportunities, and competitive compensation.
  • Why this job: Be part of a customer-first culture that values innovation and relationship-building in the insurance industry.
  • Qualifications: No prior experience required; just bring your analytical skills and a willingness to learn.
  • Other info: This role offers a chance to develop technical expertise and build valuable broker relationships.

The predicted salary is between 36000 - 60000 £ per year.

time left to apply End Date: July 26, 2025 (1 day left to apply)

job requisition id R-5961

Function / Area: Professional Indemnity

Reports To: Underwriting Centre Manager

Position Summary

We are looking for a PI Underwriter to work in our PI Renewals team.

Under broad supervision, responsible for underwriting risks in the Professional Indemnity book of business.Works within limited authority on assignments of moderate technical complexity. Utilises underwriting policies and guidelines, rating manual rules and insurance laws and regulations.

Key Responsibilities

Reviews applications and financial requirements for risks requiring technical underwriting skills.

Determines acceptability of risk in accordance with company guidelines and standards.

  • Recommends appropriate pricing and coverage modifications or enhancements for risks after complete analysis and consideration of applicant documentation, business factors and competitive situations.
  • Prepares quotations and answers questions from Brokers, internal and external contacts and escalates issues as necessary.
  • Prepares written communications on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations. Verbally notifies Brokers of decisions where appropriate in order to ensure clear understanding of the decision.
  • Analyses quality, quantity, and profitability of risks underwritten and prepares reports for
  • management review.
  • May assist in marketing products and services through the brokerage community and makes field visits.
  • Develops and maintains positive Broker relationships.
  • Keeps current on state/territory issues, regulations and trends.
  • Works with more senior underwriters or management on risks exceeding authority level or requiring special handling.
  • Develop proficiency in all relevant CNA systems.
  • May update the underwriting systems.
  • May perform additional duties as assigned.

Skills, Knowledge & Abilities

Knowledge of underwriting and insurance industry theories and practices.

  • Developing technical expertise and negotiation skills.
  • Strong interpersonal and communication skills.
  • Ability to effectively interact with peer level CNA internal and external business partners
  • Ability to work independently.
  • Strong analytical and problem solving skills
  • Ability to exercise independent judgment and make sound business decisions effectively.
  • Strong knowledge of Microsoft Office Suite as well as other business-related software.

Company Description

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.
  • 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; and
  • Aiming to do things right the first time and putting them right if we get them wrong.

CNA Hardy 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.

time left to apply End Date: August 9, 2025 (15 days left to apply)

time left to apply End Date: August 6, 2025 (12 days left to apply)

time left to apply End Date: August 1, 2025 (7 days left to apply)

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Underwriter - PI employer: CNA

CNA Hardy is an exceptional employer, offering a dynamic work environment where employees are valued and encouraged to grow. With a strong commitment to customer service and innovative insurance solutions, the company fosters a culture of collaboration and professional development, ensuring that team members have access to ongoing training and career advancement opportunities. Located in a vibrant area, CNA Hardy provides a supportive atmosphere that prioritises employee well-being and work-life balance, making it an ideal place for those seeking meaningful and rewarding employment.
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Contact Detail:

CNA Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter - PI

✨Tip Number 1

Familiarise yourself with the latest trends and regulations in the Professional Indemnity insurance sector. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving industry.

✨Tip Number 2

Network with professionals in the underwriting field, especially those who work in Professional Indemnity. Attend industry events or join relevant online forums to build connections that could lead to valuable insights or referrals.

✨Tip Number 3

Prepare to discuss specific underwriting scenarios during your interview. Think of examples where you've had to analyse risks or make decisions based on complex information, as this will showcase your analytical skills and decision-making abilities.

✨Tip Number 4

Demonstrate your interpersonal skills by preparing to discuss how you've built and maintained relationships with brokers or clients in the past. Highlighting your ability to communicate effectively will be crucial for this role.

We think you need these skills to ace Underwriter - PI

Knowledge of underwriting and insurance industry theories and practices
Technical expertise in Professional Indemnity underwriting
Strong analytical skills
Problem-solving skills
Negotiation skills
Interpersonal skills
Effective communication skills
Ability to work independently
Proficiency in Microsoft Office Suite
Familiarity with underwriting policies and guidelines
Understanding of insurance laws and regulations
Ability to analyse risk profitability
Experience in preparing quotations and written communications
Ability to develop and maintain positive Broker relationships
Adaptability to current state/territory issues and trends

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Underwriter - PI position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.

Tailor Your CV: Customise your CV to reflect your experience in underwriting and the insurance industry. Emphasise any technical skills, analytical abilities, and communication strengths that align with the job requirements.

Craft a Compelling Cover Letter: Write a cover letter that specifically addresses why you are a good fit for the PI Underwriter role. Mention your understanding of professional indemnity risks and how your background prepares you for the challenges of the position.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial in underwriting.

How to prepare for a job interview at CNA

✨Understand the Underwriting Process

Familiarise yourself with the underwriting process, especially in Professional Indemnity. Be prepared to discuss how you would assess risks and make decisions based on company guidelines.

✨Showcase Your Analytical Skills

Prepare examples that demonstrate your strong analytical and problem-solving skills. Discuss how you've successfully analysed risks in previous roles or during your studies.

✨Communicate Clearly

Since the role involves preparing written communications and interacting with Brokers, practice articulating your thoughts clearly. Consider mock interviews to refine your communication style.

✨Build Rapport with Brokers

Highlight your interpersonal skills and ability to build relationships. Think of ways you can demonstrate your commitment to maintaining positive Broker relationships during the interview.

Underwriter - PI
CNA
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