[Hiring] Consultant, Brokerage Excess @Nationwide

Role Description

If you’re passionate about helping people protect what matters most to them at a Fortune 100 company with nearly $70 billion in annual sales, 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! This position will be focused on New business within the Brokerage Excess space. Location preference is central time zone, as relationships with Chicago brokers is ideal, but not required.

Are you a critical thinker 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 hear from you!

As an Underwriting Consultant in Brokerage Excess you will:

• Underwrite individual risks for acceptability, pricing, coverage, terms and conditions.
• Develop, analyze and evaluate information and exposures on risks of an increasing complex technical nature.
• Achieve production and loss ratio goals with assigned brokers and program managers.
• Exercise a high level of authority and judgment with minimal direction.
• Foster positive business relationships with co-workers, brokers, and reinsurers.
• Research, develop and present new classes of business.
• Assist the manager with department strategies, employee coaching and development.
• Mentor underwriters at all levels.
• Approve referrals that exceed the authority of lower level underwriters.

Qualifications

• Undergraduate degree preferred. Equivalent work experience will be considered in lieu of a degree.
• Completion of general insurance courses such as CPCU, CIC, AU, ARM, CPIW, CWIS, or ASLI is preferred.
• Eight years CL underwriting experience handling large or complex accounts, excess & surplus lines experience preferred.

Requirements

• Knowledge of complex CL underwriting policies, practices and procedures.
• Knowledge of insurance law and underwriting/marketing principles and techniques.
• Knowledge of Standard Bureau Rating plans and concepts such as catastrophe management.
• Knowledge of Alternative rating methods and plans and pricing theory.
• Knowledge of Treaty & Facultative reinsurance.
• Knowledge of regulatory issues, the wholesale broker system, market conditions and company operations.

Benefits

• 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.