Sr. Consultant Brokerage Excess Underwriting
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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. Ideal candidate will possess deep experience in underwriting Brokerage Excess risks. Position will service the Chicago region so candidates local to that region are preferred, but not a requirement. #LI-AS1 #LI-remote Job Description Summary Are you a critical thinker who can analyze complex risk and find insurance solutions that balance customer needs with business goals? If you can take initiative, use both your analytical and creative abilities to make sound decisions and have a desire to help people solve real challenges, we want to hear from you! Our Excess & Surplus/Specialty (E&S/S) lines allow us to provide insurance that other carriers may not offer. It's a fast-paced environment in a collaborative, team-oriented culture, working in an always-changing, growing industry. As a Senior Underwriting Consultant in Brokerage Excess, you will underwrite individual risks for acceptability, pricing, coverage, terms and conditions, by developing, analyzing and evaluating information and exposures on risks of the most complex technical nature with the highest level of authority for the Excess Casualty line of business. In addition, you achieve production and loss ratio goals with assigned brokers and program managers by reviewing and analyzing claims, loss history and taking appropriate action on accounts. Broker assignments are the most complex in terms of coverage and broker relationships. You will exercise a high level of authority and judgment with minimal direction and be responsible for determining appropriate reinsurance placement if any on individual accounts. We will count on you to foster positive business relationships with co-workers, brokers, and reinsurers. You will also be responsible for research, development and presentation of new classes of business including market viability forms development, manuals, available reinsurance and assisting the manager with department strategies. Managing the workflow of assigned underwriters, employee coaching and development, and mentoring underwriters at all levels are important elements of this role. In absence of the Manager, you'll have authority to approve referrals that exceed the authority of lower level underwriters. You will have opportunities to represent the department in various division and company committees/initiatives. Job Description