Underwriter, Contract Underwriting - E&S/Specialty (Contract +)
Nationwide
- Location
- Arizona - Scottsdale
- 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. This role will be in our Contract+ unit. The ideal candidate will have brokerage casualty (GL) underwriting experience in the Excess & Surplus (non-admitted) line of business. 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 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 an Underwriter in Contract you determine individual risk acceptability, pricing, coverage, terms and conditions by developing, analyzing and evaluating information and exposures on risks of basic technical complexity. In addition, you achieve production and loss ratio goals by reviewing and analyzing claims, loss history and taking appropriate action on individual accounts. It’s important to know about reinsurance placement requirements, if any, on individual accounts. We count on you to foster positive business relationships with agents and reinsurers. As you gain experience, you will receive underwriting authority Job Description Key Responsibilities: Reviews individual risks or programs with or without assigned territory, from agents, brokers or program managers and either declines or accepts business based upon information necessary to make the decision. Analyze exposures to loss, develop an adequate premium charge for the exposure, determines appropriate endorsements and exclusions to address loss exposures for the insurance contract. Achieves individual production and loss ratio goals with or without assigned territory through sound territory management and marketing. Continually analyze premium and loss results in their territory by agency, state, major class of business and by program. Audit individual policies for compliance with company guidelines. Development and implementation of specific action plans may be required. Handles policy maintenance items and other mid-term requests. Reviews endorsement requests and processes necessary changes to the policy. Reviews loss control reports and makes recommendations to the agent and/or changes to the policy. Follows up on outstanding information as required. Reviews claim activity and takes appropriate action. Fosters positive business relationships with agents and brokers, through daily contact with assigned agents by developing and maintaining good rapport and resolving agency conflicts. Travels to agency offices as required for audits, training or marketing visits. Entertains agents visiting the Company as required. Assists with development of marketing ideas and strategies for underwriting seminars and other marketing campaigns. Performs other duties as assigned Reporting Relationships: Reports to Manager or Director. Typical Skills and Experiences:
Education
Undergraduate studies and completion of general insurance courses such as IIA 21, 22, 23, CPCU, CIC, AU, ARM, CPIW, CWIS, or ASLI is preferred.
Experience
Four