[Hiring] Lead Program Underwriter @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!

Join the Nationwide E&S Programs team as the lead underwriter for our Professional & Healthcare programs. Bring your expertise to complex risks, help shape portfolio strategy, and evaluate new program opportunities. You’ll work directly with Program Administrators and partner across Product, Finance, Actuarial, Claims, and Reinsurance to develop thoughtful underwriting strategies and strong, sustainable results.

This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program.

Key Responsibilities

• Drives the sales and underwriting relationship for Programs products and services.
• Provides input and data to help drive and implement strategic underwriting plans.
• Provides business forecasting related to trends, and profitability within Program vertical.
• Responsible for achieving established goals for assigned programs.
• Analyzes program manager relationships/results and recommends corrective actions if necessary.
• Reviews highly complex individual risks, programs, or referrals within assigned territory from program managers and declines or accepts business based upon information necessary to make the decision.
• Acts as a subject matter expert in analyzing exposures to losses; develops adequate premium charge for the exposure.
• Determines appropriate endorsements and exclusions to address loss exposures for the insurance contract.
• Actively engages in discussions with reinsurers per department guidelines verifying the appropriate use of all reinsurance facilities.
• Responsible for compiling data to be provided for reinsurers presentations.
• Develops and implements underwriting guidelines, rates, forms, product endorsements and procedures.
• Interacts with various business partners (i.e. claims, actuary, compliance, etc.) to achieve company goals and objectives.
• Responsible for audits of individual risks/programs for compliance with company guidelines, state regulations and reinsurance conditions.
• Independently establishes and maintains effective relationships with Program Managers.
• Leads in the implementation of all new programs from development of underwriting guidelines to ensure proper program integration.
• Acts as a resource for direction, training and guidance for less experienced staff.
• Maintains knowledge of insurance regulations; provides consulting regarding legislation that impacts the organization.
• May perform other responsibilities as assigned.

Qualifications

• Undergraduate studies with focus in Finance, Accounting, Economics, and/or Risk Management. Graduate degree preferred.
• Typically five or more years related experience as a Professional, Financial and/or Specialty lines underwriter.
• Program leadership experience in professional lines of business is preferred.
• Some experience in the technical aspects of data management, imaging and procedures and processes helpful.

Requirements

• Demonstrated knowledge of Professional, Financial, and/or Specialty lines underwriting policies, practices and procedures.
• Strong understanding of financial documents, financial analysis, investments, market conditions essential.
• Must possess strong verbal and written communication skills to interact with internal/external business partners at all levels.
• Proven ability to analyze and interpret mathematical, statistical and logical data, and evaluate its reliability and significance.
• Ability to lead, train, motivate employees and set work priorities.

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.