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AVP, Middle Market Property Underwriting - Commercial

Nationwide
United StatesRemotefull_timeVerifiedPosted 26 Nov 2024
💰 $277,000/yr($140,000/yr$277,000/yr)

About the role

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.

Technical Underwriting Leader for Property

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

#LI-SJ1

Job Description Summary

Are you a proven leader with strategic, creative and technical commercial product and underwriting skills? Do you have deep insights into the commercial insurance industry and competition with the ability to translate those insights into strategic and technical underwriting practices and partner with underwriting leaders to implement the practices across Commercial Lines Middle Market insurance? If you have these abilities and a drive to achieve financial goals, set strategic direction and make a difference, then we want to hear from you!

This technical executive leader will be assigned lines of business, responsible for or managing a team of experts that support Middle Market technical underwriting. They will build and oversee the implementation of the strategic direction set forth by executive leadership as it pertains to the line, drive profitable growth through consistent monitoring and reporting on the health of the portfolio, as well as recommend and implement innovative solutions to enhance our prod

Job Description

Key Responsibilities:   

  • Develop and present strategies for the assigned line(s) of business to achieve growth and profitability targets. 

  • Regularly collaborate with Loss Control and Claims teams to learn about trends and suggest areas of refinement in either underwriting practice, Loss Control capabilities or Claims insights to continually improve both our underwriting capabilities and service offerings. 

  • Analyze market trends and competitive landscape to identify opportunities for expansion. 

  • Analyze claims and pricing study data to uncover loss drivers impacting the portfolio and recommend tactical and strategic changes to drive performance 

  • Oversee the design and development of (property or casualty) specific enhancements, ensuring the meet the needs of Industry Practice Leaders and Middle Market clients. 

  • Routinely meet with Actuarial partners to provide feedback and suggest improvements to pricing capabilities to ensure relevance based on current market trends.  

  • Manage underwriting compliance for the assigned area in accordance with applicable rating plans and may respond to requests from departments of insurance or rating bureaus. 

  • Serve as Subject Matter Expert on the respective lines for the development of training, capabilities, or enterprise-wide initiatives.  

  • Setting strategy for policy limits (property or casualty) for leveraging facultative reinsurance placement when limits exceed strategy and/or guidelines. . 

  • Creates industry white papers to further the education of our entire Middle Market organization and our broker partners.  

  • Regularly collaborate with product/portfolio, industry practices, underwriting capabilities, actuary and inside/field underwriting leadership teams as it relates to executing on the assigned line of business strategy. 

  • Oversees associate management of a high performing team of technical experts including performance management, engagement, salary administration, training, development, workflow, organization planning, day to day management, hiring and disciplinary actions. 

May perform other responsibilities as assigned.   

 

Reporting Relationships: Reports to VP, MM Technical Underwriting 

 

Typical Skills and Experiences:   

 

Education: <

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Company

Nationwide

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