[Hiring] Specialist, Contract 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!

Portfolio Underwriting & Optimization is a specialized department within the Contract Property & Casualty underwriting organization. The PUO team is responsible for driving profitable growth through strategic book management by applying technical underwriting expertise and various data-driven analysis with the goal to identify and deliver underwriting actions that align with business strategy.

• Management/assisting of assigned LOB/segment and identifies, coordinates, and delivers on product, appetite, and pricing optimization changes to the portfolio
• Ensuring rate strategy implementation and execution for assigned LOB/segment
• Utilize data tools, reporting and external resources and publications to identify trends and make recommendations to improve profitability
• Collaborate with underwriting and agency partners to solicit feedback on new product and program opportunities
• Collaborate with Product and technology partners to drive successful implementation of product enhancements in underwriting systems and ensure system behavior supports underwriting intent
• Collaborate with Product on the design and development of new forms and standalone product/program offerings
• Provide recommendations for future audits based on existing portfolio trends or retrospective portfolio reviews
• Participate in claims roundtables, agency visits/agency calls to proactively identify, research and solution for trends/opportunities in assigned segment(s)
• Attending industry conferences and events
• Assist/manage Alternative Distribution book as needed

Qualifications

• 6 years related experience or 5 years as an Underwriter
• Prior experience in Commercial P&C Excess & Surplus lines underwriting
• Commercial E&S P&C underwriting and product knowledge
• Ability to identify, manage and solution for trends within a book of business
• Understanding of underwriting operations and underwriting systems
• Familiarity with ISO and other industry resources
• Data analysis and identifying an impact on book performance
• Manage projects and prioritize multiple tasks under tight deadlines
• Be a self-starter who takes initiative to improve quality, processes, and communication
• Be a proficient communicator and have the skills and ability to explain a complex concept to a broad audience
• Effective in managing ambiguity with the ability to operate under limited direction
• Have strong rapport with other departments and collaborate with them on project work
• Accountable for performance of subset/segment of larger vertical

Requirements

• 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
• Six years related experience or five years as an underwriter, excess & surplus lines preferred

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