Rating Specialist

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's Guide .
Under general supervision, handles new business rating transactions, including but not limited to new business quotes, new business rating or pricing revisions and new business policy issuance for two or more lines of business within Commercial or Specialty Lines.
JOB DESCRIPTION:
Essential Duties & Responsibilities

• Reviews incoming business transactions and related information for completeness, accuracy, and quality. Works with underwriter, underwriting technician, distributors and other areas to resolve any discrepancies and process new business related transactions and insurance policies in a timely manner.
• Performs rating, re-rating, pricing and third party data gathering and validation to support new business quotes and policy issuance 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, agents, and brokers of for all levels of complexity across multiple lines of business.
• May distribute quote letters or insurance policies to agents, brokers, underwriters or insureds as directed by underwriters or standardized processes.
• May participate in quality and productivity reviews and provides feedback to management.
• May train less experienced staff and acts as a resource for questions.

Reporting Relationship

• Supervisor or above

Skills, Knowledge and Abilities

• Knowledge of insurance industry and its products and services. Subject matter expertise for rate and premium calculation processes.
• Expert user of Company proprietary rating and policy administration systems.
• Detail oriented with solid analytical and computational skills.
• Strong written, verbal and interpersonal communication skills.
• Teamwork and collaboration skills.
• Customer Service skills, consistently delivering on commitments.
• Ability to handle multiple tasks and prioritize work with demonstrated sense of urgency.
• Strong knowledge of Microsoft Office suite and other business related software.
• Ability to work 2nd shift schedule (12:15 - 8:15pm EST)

Education and Experience

• High school diploma, GED or equivalent.
• Typically a minimum 3 years of multi-line commercial or specialty lines policy processing and rating experience.

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