Sr. Consultant, Brokerage Casualty Underwriting, E&S/S

About the role

Nationwide® is a Fortune 100 company with nearly $70 billion in annual sales. We are seeking a Senior Underwriting Consultant in Brokerage Casualty to join our team in the Denver, Seattle, and San Francisco regions.

Responsibilities

• Researches and develops new classes of business as directed.
• Reviews individual risks with assigned brokers and either declines or accepts business based upon information necessary to make the decision.
• Analyzes, with the highest level of technical expertise and accuracy, exposures to loss, develops an adequate premium charge for the exposure, determines endorsements and exclusions to address loss exposures for the insurance contract, including developing manuscript wording appropriate to the risk.
• Places reinsurance, if any, for the account.
• Achieves team/individual production and loss ratio goals with assigned brokers through sound broker management and marketing.
• Manages the workflow of assigned underwriters, employee coaching and development, and mentoring underwriters at all levels.
• Fosters positive business relationships with brokers, through frequent contact.
• Maintains good working relationship with reinsurers.
• Entertains brokers visiting the Company as required.
• Mentors new and existing underwriting talent.

Requirements

• Eight years CL underwriting experience handling large or complex accounts, excess & surplus lines experience preferred.
• Completion of general insurance courses such as CPCU, CIC, AU, ARM, CPIW, CWIS, or ASLI is preferred.
• Knowledge of complex CL underwriting policies, practices and procedures, insurance law and underwriting/marketing principles and techniques.
• Knowledge of Standard Bureau Rating plans and concepts such as catastrophe management.
• Knowledge of Alternative rating methods and plans and pricing theory.
• Knowledge of Treaty & Facultative reinsurance.
• Knowledge of regulatory issues, the wholesale broker system, market conditions and company operations.
• Ability to communicate effectively, verbally, and in writing, inter personally with individuals and groups via telephone, tele/video conference, fax, e-mail and in person.
• Ability to communicate effectively, verbally, and in writing, inter personally with individuals and groups via telephone, tele/video conference, fax, e-mail and in person.
• Ability to analyze highly complex insurance risks to determine acceptability including policy language, various commercial and alternative rating plans and methodologies, reinsurance, Ability to use/learn job related computer software.
• Ability to handle the most complex accounts.
• Ability to devise business solutions to complex problems, implement the most appropriate, and monitor the effectiveness.
• Ability to make decisions on highly complex issues and work with minimal direction.
• Ability to train and mentor all levels of underwriters, underwriting assistants and interns.
• Ability to analyze and interpret mathematical, statistical and logical data, and evaluate its reliability and significance.
• Ability to apply market trends and competitor intelligence to underwriting approach.

Qualifications

• Undergraduate degree preferred. Equivalent work experience will be considered in lieu of a degree.

Skills

• Knowledge of complex CL underwriting policies, practices and procedures, insurance law and underwriting/marketing principles and techniques.
• Knowledge of Standard Bureau Rating plans and concepts such as catastrophe management.
• Knowledge of Alternative rating methods and plans and pricing theory.
• Knowledge of Treaty & Facultative reinsurance.
• Knowledge of regulatory issues, the wholesale broker system, market conditions and company operations.
• Ability to communicate effectively, verbally, and in writing, inter personally with individuals and groups via telephone, tele/video conference, fax, e-mail and in person.
• Ability to analyze highly complex insurance risks to determine acceptability including policy language, various commercial and alternative rating plans and methodologies, reinsurance, Ability to use/learn job related computer software.
• Ability to handle the most complex accounts.
• Ability to devise business solutions to complex problems, implement the most appropriate, and monitor the effectiveness.
• Ability to make decisions on highly complex issues and work with minimal direction.
• Ability to train and mentor all levels of underwriters, underwriting assistants and interns.
• Ability to analyze and interpret mathematical, statistical and logical data, and evaluate its reliability and significance.
• Ability to apply market trends and competitor intelligence to underwriting approach.

Benefits

We offer a comprehensive benefits package including medical/dental/vision, life insurance, short and long term disability coverage, paid time off, 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. Nationwide is an equal opportunity employer and complies with all applicable laws regarding employment.