New York, New York, USA
90 days ago
Sr Consultant Underwriter, Specialty Brokerage - Excess Casualty
If you’re passionate about helping people protect what matters most to them, as well as innovating and simplifying processes and operations to provide the best customer value, then Nationwide’s Property and Casualty team could be the place for you!

Must have Casualty experience.

Compensation Grade: H.SD160

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Job Description Summary

Are you a critical problem solver who can analyze complex risk and find insurance solutions that balance customer needs with business goals? If you can take initiative, use both your analytical and creative abilities to make sound decisions and have a desire to help people tackle real challenges, we want to know more about you!

As a Senior Consultant, you'll be a top-level individual contributor and subject matter authority within the business unit. You will be responsible for setting, monitoring, achieving and measuring the established goals for specific business unit/region. This includes developing and implementing strategic plans, objectives, expense budgets and rate and form filings. We'll count on you to build and grown relationships with general agents, brokers and other customers. In addition, you will be accountable for underwriting guidelines, rates, forms and procedures across regions or within territory.

Job Description

Key Responsibilities:

Develops and implements business strategies, underwriting plans and portfolio management strategies for specific line of business. Provides business forecasting related to trends, and profitability within region/channel.

Directs distribution partner/results and recommends corrective action if necessary. Conducts regular visits with partners to understand business needs and to identify new business opportunities.

Coordinates and participates in discussions with re-insurers per department guidelines verifying the appropriate use of all reinsurance facilities used by the department, including various treaty, semiautomatic and facultative reinsurance. Maintains good working relationship with re-insurers.

Maintains composition of designated book of business to achieve favorable results. Monitors performance and provides report card on regional/channel results. Takes action based on results as needed.

Interacts with all departments of the company to achieve company goals and objectives.

Communicates regional and/or business unit initiatives and goals. Builds alignment within territory teams within the region and across the regions.

Provides input and feedback on performance for Underwriters and Managers within specified lone of business.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Associate Vice President/Director. No direct or indirect reports.

Typical Skills and Experiences:

Education: Undergraduate studies in finance, accounting economics, and/or risk management.

License/Certification/Designation: CPCU preferred

Experience: Eight years of related experience as a Casualty Underwriter preferred. Informal or formal leadership experience in casualty lines of business is preferred. Some experience in the technical aspects of data management, imaging and procedures and processes helpful.

Knowledge, Abilities and Skills: In-depth knowledge of excess casualty lines, underwriting policies, practices and procedures, underwriting marketing principles and techniques. In-depth knowledge of financial analysis and statements, investments, market conditions essential. Knowledge related to insurance, contract and business law preferred. Knowledge of employment principles and practices. Excellent verbal and written communication skills to communicate with individuals and groups via telephone, fax, e-mail and in person. Presentation skills. Proven ability to supervise, train, motivate employees and set work priorities in all aspects of multi-line underwriting support and rating. Demonstrates advanced negotiation skills. Ability to work with assigned distribution partners. Ability to analyze highly complex insurance risks to determine acceptability including policy language, various commercial and alternative rating plans and methodologies, reinsurance. Ability to learn and use job-related software, including Microsoft Office Suite products. Ability to devise business solutions to complex problems, implement the most appropriate and monitor effectiveness. Ability to make decisions on highly complex issues and work with minimal direction. Ability to coach, train and mentor managers and underwriting personnel. Ability to analyze and interpret mathematical, statistical and logical data and evaluate its reliability and significance.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Conditions:

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.


For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.

The national salary range for Sr Consultant Underwriter, Specialty Brokerage - Excess Casualty : 118,000.00-227,000.00

The expected starting salary range for Sr Consultant Underwriter, Specialty Brokerage - Excess Casualty : 128,000.00 - 192,000.00

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