Sr. Consultant, Program Underwriting - Alternative Ventures (Casualty Referrals, MM to Large Commercial)

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! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This role will serve as the lead referral underwriter for complex Casualty Middle Market to Large Commercial multinational accounts sourced by N2G, a joint venture created by two insurance powerhouses: Nationwide Mutual Insurance Company (Nationwide®) and Generali Global Corporate & Commercial.

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Job Description Summary

Are you a 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 solve real challenges, we want to know more about you!

As a Sr Consultant, you will be the top-level individual contributor subject matter expert within the business unit. You will direct the rates and form filings development process. You'll develop and implement region or channel strategic program plans and objectives. You'll be responsible for ensuring account authorizations meet region or channel program strategies. In order to be successful, you will need to build and maintain strong effective relationships with internal business liaisons, external program managers, and brokers. You'll be responsible for the training and mentoring of underwriting team members.

Job Description

Key Responsibilities: 

• Top level individual contributor subject matter expert within the business unit. Drives the sales and underwriting relationship for Programs products and services. Responsible for establishment of program goals and metrics for a specific vertical; ensuring alignment with scorecards. Provides forecasting related to trends and profitability; takes action based on results as needed.

• Directs the program manager relationships/results, and recommends corrective action if necessary. Understands business needs and to identify new business opportunities.

• Reviews highly complex (e.g. including shared and layered property, general liability, excess, auto, recreation marine, energy, environmental, inland marine, warranty and workers compensation) individual risks, programs, or accounts. Some of the risks could be multinational or have alternative arrangements in place that make them unique. Approves accounts which exceed underwriting staff authority/program managers authority due to level of complexity, premium, class of business or coverage provided.

• Administers 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.

• Directs the development, implementation and monitoring of underwriting guidelines, rates, forms, product endorsements and procedures. Monitors and approves the preparation of rates, forms, and endorsement filings and authorizes the use of such rates, forms, and endorsements.

• Interacts various business partners (i.e. claims, actuary, compliance, etc.) to achieve company goals and objectives. Communicates Programs initiatives and performance goals. Builds alignment with teams within and across the regions.

• Responsible for audits of individual risks/programs for compliance with company guidelines, state regulations and reinsurance conditions. Development and implementation of specific action plans may be required. Responsible for the resolution of advanced complex technical.

• Independently establishes and maintains effective relationships with brokers and program managers in order to generate growth and profitably. Travels to existing and potential program manager offices, as required for marketing visits. Frequently entertains brokers and program managers to market services and ensure strong relationship to write profitable business.

• Responsible for identifying new program opportunities, facilitating all steps involved in the due diligence process and making recommendations to senior management on new opportunities. Responsible for the implementation of all new programs from development of underwriting guidelines, form/rate