Specialist, Contract Underwriting - E&S/Specialty - Portfolio Underwriting & Optimization
Key Responsibilities
- Reviews individual risks with assigned agents or programs within assigned territory and either declines or accepts business based upon information necessary to make the decision.
- Achieves individual production and loss ratio goals within assigned territory through sound territory management and marketing.
- Handles policy maintenance items and other mid-term requests.
- Fosters positive business relationships with general agents through daily contact with assigned agents by developing and maintaining good rapport and resolving agency conflicts.
- Places reinsurance per department guidelines based upon the appropriate use of all reinsurance facilities used by the department, including various treaty semiautomatic and facultative reinsurance.
- Marks Nationwide products and services to help drive agency and company results, including all enterprise products that may enhance offerings.
- Other responsibilities as assigned may include program research and development, form development, rate development, technical assistance to Agents, Underwriting Assistants, and other Underwriters. Proactively develops technical and business knowledge through internal and external venues.
Requirements
- Six years related experience or five years as an underwriter, excess & surplus lines preferred.
- Completion of general insurance courses such as CPCU, CIC, AU, ARM, CPIW, CWIS, or ASLI is preferred.
- Knowledge of lines underwriting policies, practices and procedures, insurance law and underwriting marketing principles and techniques, rating plans and plan concepts, Treaty & Facultative reinsurance concepts, general agency system and company operations, regulatory issues, the general agency system, market conditions and company operations.
- Ability to communicate effectively, orally, and in writing, interpersonally with individuals and groups via telephone, fax, e-mail and in person.
- Advanced negotiation skills.
- Ability to manage the assigned line or lines of business, which may include monitoring of aggregates.
- Ability to work with the wholesale/general agency distribution system.
- Ability to analyze insurance risks to determine acceptability including policy language, various commercial rating plans and methodologies, reinsurance.
- Ability to use/learn job related computer software.
- Ability to devise business solutions to problems, implement the most appropriate, and monitor its effectiveness.
Qualifications
Undergraduate degree preferred. Equivalent work experience will be considered in lieu of a degree.
Skills
Knowledge of lines underwriting policies, practices and procedures, insurance law and underwriting marketing principles and techniques, rating plans and plan concepts, Treaty & Facultative reinsurance concepts, general agency system and company operations, regulatory issues, the general agency system, market conditions and company operations.
Benefits
We have an array of benefits to fit your needs, including: 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. To learn more about the benefits we offer, click here.
Pay
N/A
Schedule
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