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

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!

Our Excess & Surplus/Specialty (E&S/S) 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 an Underwriting Specialist in Brokerage Casualty you will:

• Determine individual risk acceptability, pricing, coverage, terms and conditions.
• Develop, analyze and evaluate information and exposures on risks of a complex technical nature for the Primary Casualty line of business.
• Achieve production and loss ratio goals with assigned brokers or program managers.
• Review and analyze claims, loss history and take appropriate action on accounts.
• Work independently with a high level of authority and judgment.
• Determine appropriate reinsurance placement, if any, on individual accounts.
• Foster positive business relationships with co-workers, brokers and reinsurers.
• Assist with research, development and presentation of new products, forms and manuals.
• Have opportunities to assist in the training and mentoring of Underwriters and Underwriting Assistants.

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.
• Five years as a CL underwriter, excess & surplus lines experience preferred.

Requirements

• Knowledge of CL underwriting policies, practices and procedures, insurance law and underwriting marketing principles and techniques.
• Knowledge of Rating plans and plan concepts.
• Knowledge of Treaty & Cultivate reinsurance concepts.
• Knowledge of the wholesale broker system and company operations.
• Knowledge of regulatory issues, the general agency system, market conditions and company operations.
• Ability to communicate effectively, verbally, and in writing.
• Demonstrates negotiation skills.
• Ability to manage the assigned line or lines of business.
• Ability to analyze insurance risks to determine acceptability.
• Ability to use/learn job related computer software.
• Ability to devise business solutions to problems.
• Ability to make decisions with minimal supervision.

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.
• And more.