Underwriter, Brokerage Management Liability - E&S/Specialty (Public D&O)
Nationwide
- Location
- New York - New York, 1 Battery Park Plaza
- Work model
- On-Site
- Level
- Mid
About this 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. Hybrid position in New York City - typically two days a week in office. This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program. #LI-DNI 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 know more about you! Under technical direction, assesses a company's risk profile and determines/negotiates the appropriate pricing, coverage, terms and conditions by analyzing a company's financial documents and other information. Including, but not limited to the company's viability, issues, governance, regulatory environment, and experience. Achieves team production and loss ratio goals within assigned territory by reviewing and analyzing claims, loss history and taking appropriate action on individual accounts. The underwriter works independently developing recommendations and applying judgment based on the financial analysis. Establishes and maintains effective relationships with brokers in order to generate premium dollars and profitably. Territory assignments somewhat complex in nature concerning coverage and agent/broker/ relationships. May assist with the research, development and presentation of new programs, forms and manuals.
Job Description
Location: Scottsdale-Freedom Specialty Key Responsibilities: Under technical direction, assesses a company's risk profile and determines/negotiates the appropriate pricing, coverage, terms and conditions by analyzing a company's financial documents/operations/management/industry and other information. Including, but not limited to the company's viability, issues, governance, regulatory environment, and experience. The underwriter analyzes, with a high level of technical expertise, exposures to loss, develops an adequate premium charge for the exposure, and determines appropriate endorsements and exclusions to address loss exposures for the insurance contract. Within department guidelines, places reinsurance, if any, for the account. Achieves team production and loss ratio goals within assigned territory through sound marketing. The underwriter continually analyzes premium and loss results in their territory by agency, state, major class of industry and by line of business. Handles moderately complex policy maintenance items and other mid-term requests. Reviews endorsement requests and processes necessary changes to the policy. Follows up on outstanding information as required. Reviews claim activity and takes appropriate action. With supervision, establishes and maintains effective relationships with brokers in order to generate premium dollars and profitably. Accompanies other underwriters to broker offices as required for marketing visits. Frequently entertains brokers to market services and ensure strong relationship to write business. May participate in underwriting meetings with brokers, clients and other underwriters. Meetings typically include CFOs, CEOs of client organizations and several underwriters from other organizations. The CFO/CEO provides information. The underwriter clarifies and questions information provided by the client to appropriately assess the risk. Typically accompanied by a senior underwriter