Leader, Brokerage Excess - E&S/Specialty

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.

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Please Note: This role is open to working remotely in the United States for suitable candidates.

Job Description Summary

Are you a leader who can create, develop and manage a strategy and plan that meets customer service and business goals? If you are driven to achieve top financial goals by leading an insurance underwriting line of business and seeking opportunities to build and grow business, we want to hear from you!

Our Excess & Surplus/Specialty lines allow us to provide insurance that other carriers may not offer. It’s a fast-paced environment in a collaborative, team-oriented culture, working in an always-changing, growing industry.

As the leader, you’ll lead a team of managers and/or underwriters and will be responsible for the growth and development of E&S Specialty Brokerage Excess line of business. You’ll work in conjunction with VP of Brokerage Excess in the development of strategy, execution of the business plan and attainment of goals and financial metrics as outlined in the business plan.

Job Description

Key Responsibilities: 

• In conjunction with leader, creates strategic and operational objectives with significant impact on both the top and bottom-line results. Develops, maintains, and effectively executes underwriting guidelines and product management and best practices to ensure the integrity, consistency, and effectiveness of the portfolio across all channels. Leads the exploration and delivery of innovative product solutions.

• Ensures the achievement of continued profitability, growth and/or operational efficiency for the assigned line of business or territory through development of risk appetite, assessment of risk exposures and controls, market dynamics, emerging risk issues, and product innovation. Evaluates underwriting and product performance based on financial analysis. Includes rate, reserve adequacy, claims, operational, planning and product reviews. Provides results and recommendations to key stakeholders and action plans to adjust results.

• Leads, directs and has full management accountability for staff in area of responsibility with an emphasis on talent development and succession planning in accordance with strategic direction. Collaborates with key business partners in lines of business, segments, Underwriting Services, Loss Control, Pricing, Claims, Distribution, and Compliance to address governance, processing, and compliance issues.

• Provides overall direction for underwriting authority delegation and audit criteria. Responsible for setting appropriate letters of authority and auditing to ensure compliance with letters of authority.

• Develops reinsurance strategy: in conjunction with leader; develops and executes on reinsurance plan.

• Directs associate management including: performance management, salary planning and administration, training and development, workflow and organizational planning, hiring and placement, and disciplinary actions. Creates an engaging environment and manages individual and cultural diversity within the Underwriting Division.  Recruits and promotes workforce diversity and assesses organizational readiness.

Performs other duties as assigned.

Reporting Relationships:  Reports to VP. Direct reports include Sr. Director, Director and Underwriting professionals.

Typical Skills and Experiences: 

Education:  Undergraduate studies in a related discipline, or equivalent.  Bachelor’s degree preferred.

Certification/Licenses:  Chartered Property Casualty Underwriter (CPCU) designation preferred.

Experience: Ten years of experience in the E&S Brokerage Excess marketplace.  Demonstrated ability to achieve successful financial benchmarks.  Strong relationships and recognized expertise in th