Territory Manager, Middle Market Business Development - Commercial Lines (Production Undewriter)
NationwideAbout the role
We are excited to announce that due to our growth at Nationwide in Middle Market, we are adding a Territory Manager role that is focused on our investment in Custom Solutions accounts and growing the book of business with key distribution partners. This role is tied to our expansion in the Middle Market Custom Solutions space and has direct responsibility for the profitable growth of a defined portfolio, including personal underwriting authority and accountability. The ideal candidate has experience working with national and large regional retail insurance agencies and brokers.
Location: This role ideally is located near major metropolitan areas in the Central or Western regions such as Chicago, Dallas, Houston, San Antonio, Austin, Denver, Phoenix, and Los Angeles.
This is a Work-From-Home (WFH) position involving approximately 25% travel. Strong preference for the selected individual to be located directly within or close to the identified major metropolitan areas.
Qualified candidates will possess:
- Commercial insurance underwriting experience (with authority)
- Production & Agency Management orientation
Strong preference for existing relationships with national and/or large regional firms.
The most ideal candidates will also have:
- Multi-Line underwriting experience within Middle Market accounts, specifically
- Industry segment experience across Manufacturing, Wholesale/Distribution, Food Service & Accommodation, Retail, Professional Services and other related industries
Relevant insurance designations (CPCU, CIC, AU, etc.), or coursework towards them, are a plus
This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program
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Job Description Summary
On our team, we look for that rare professional who is both analytical and a relationship-builder. Those who can combine those talents with their entrepreneurial drive and own and manage their territory can thrive and grow with us. If this sounds like the opportunity you've been looking for, we want to hear from you!As a Middle Market Territory Manager, you'll market, manage and underwrite commercial business through select agencies or brokers. We'll count on you to drive profit and premium to meet financial goals and objectives through development, negotiation and implementation of business plans.
Job Description
Key Responsibilities:
Monitors market conditions, competitive landscape and confirms information gathered within market space. Researches risk, environment and other factors needed to win accounts.
Analyzes quality and quantity of risks underwritten and prepares reports accordingly. May review agency books of business as well as profit/growth results and trends to recommend and implement action plans. Analyzes regional underwriting performance experience, identifies problems on a territory level and proposes action plans to resolve those situations.
Achieves production, profitability and service objectives. Quotes, prices and underwrites new and renewal policies and endorsements, primarily for complex or service sensitive accounts. Monitor
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