Senior Underwriter Cyber (Management Liability)

About the Role

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. This is a hybrid position in New York City, typically requiring two days a week in the office.

Responsibilities

• Assesses a company's risk profile and determines/negotiates appropriate pricing, coverage, terms, and conditions by analyzing financial documents, operations, management, industry, and other relevant information.
• Analyzes exposures to loss, develops adequate premium charges, and determines appropriate endorsements and exclusions for insurance contracts.
• Achieves team production and loss ratio goals within the assigned territory through sound marketing and analysis of premium and loss results.
• Handles complex policy maintenance items, endorsement requests, and mid-term changes.
• Establishes and maintains effective relationships with brokers to generate premium dollars and profitability.
• Participates in underwriting meetings with brokers, clients, and other underwriters, including interactions with CFOs and CEOs.
• Places reinsurance per department guidelines and maintains relationships with reinsurers.
• Mentors lower-level underwriters and assists with program research, development, and special projects.

Qualifications

• Undergraduate studies with a focus in finance, accounting, economics, and/or risk management; post-graduate studies preferred.
• Typically 2+ years of related experience as a Cyber and/or Tech E&O Underwriter.

Skills

• Knowledge of underwriting policies, practices, insurance law, and marketing principles.
• Proficiency in financial analysis, including interpreting financial documents and market conditions.
• Strong communication skills, both verbal and written, with the ability to explain complex underwriting concepts.
• Advanced negotiation skills and the ability to make decisions with minimal supervision.
• Familiarity with reinsurance practices and related computer software.

Benefits

• Medical, dental, and vision insurance.
• Life insurance and short/long-term disability coverage.
• Paid time off, including a minimum of 18 days per year, nine paid holidays, and additional paid time for Lifetime and Unity Day.
• 401(k) with company match and a company-paid pension plan.
• Business casual attire and more.

Pay

The national salary range for Sr Underwriter, Brokerage Management Liability - E&S/Specialty: $76,000.00-$141,300.00. The expected starting salary range for this role: $76,000.00 - $114,000.00.