Consultant, Brokerage Casualty Underwriting - E&S/Specialty

Nationwide Mutual Insurance Company; Northern (KY); Hybrid; USD 104,000 - 194,000; Full time

Benefits offered by this job

Medical/dental/vision, life insurance,

401(k) with company match

Paid time off and holidays

Job summary

Nationwide Mutual Insurance Company seeks an experienced Underwriting Consultant in Brokerage Casualty to underwrite risks, determine pricing and policy terms, and manage broker relationships and reinsurance placement.

You will collaborate with actuarial, finance and claims teams, develop new classes of business, mentor junior underwriters, and travel to broker offices as needed in a fast paced, collaborative environment.

Qualifications

• Undergraduate degree preferred; equivalent work experience considered.
• Eight years CL underwriting experience handling large or complex accounts, E&S/Specialty preferred.
• Knowledge of complex CL underwriting policies, practices and procedures.
• Familiarity with reinsurance concepts and market dynamics.

Responsibilities

• Underwrite risks with high technical complexity, set terms and conditions and determine endorsements.
• Develop rates with actuarial support and assess broker submissions for profitability and risk.
• Place reinsurance per department guidelines and manage broker relationships.
• Mentor underwriters and contribute to department strategies and training.

Skills

Complex underwriting

Reinsurance knowledge

Broker management

Regulatory knowledge

Leadership/mentoring

Education

Undergraduate degree

Job description

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.

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 Underwriting Consultant in Brokerage Casualty you will underwrite individual risks for acceptability, pricing, coverage, terms and conditions, by developing, analyzing and evaluating information and exposures on risks of an increasing complex technical nature with a high level of authority for the Primary 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’ll need to exercise a high level of authority and judgment with minimal direction. Determining appropriate reinsurance placement, if any, on individual accounts is important in this role. We’ll count on you to foster positive business relationships with co-workers, brokers, and reinsurers. You’ll also be responsible for research, development and presentation of new classes of business including market viability forms development, manuals, available reinsurance and will assist the manager with department strategies, employee coaching and development, and mentoring underwriters at all levels. You’ll have authority to approve referrals that exceed the authority of lower level underwriters as well.

Key Responsibilities

• Researches and develops new classes of business as directed.
• Researches market trends and competition.
• Assesses market viability, creates forms & endorsements, and develops rates with actuarial support.
• On large, complex accounts, partners with Actuarial team to develop rates/pricing, Finance team to review potential insureds profitability profile and claims team to review SIR viability and potential frequency and severity of losses.
• Reviews individual risks with assigned brokers and either declines or accepts business based upon information necessary to make the decision.
• The underwriter 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.
• Within department guidelines places reinsurance, if any, for the account.
• Achieves team/individual production and loss ratio goals with assigned brokers through sound broker management and marketing.
• Works with the most complex issues concerning coverage, terms and conditions, etc. brokers.
• The underwriter continually analyzes premium and loss results of assigned brokers; by state, major classes of business, etc.
• Continually assesses quality of broker submissions and makes corrective action recommendations.
• Oversees or handles policy maintenance items and other mid-term requests.
• Reviews endorsement requests and authorizes necessary changes to the policy.
• Reviews Loss Control reports and recommendations and partners with the broker to ensure loss control compliance.
• Follows up on outstanding information as required.
• Reviews claim activity and takes appropriate action.
• Fosters positive business relationships with brokers, through frequent contact.
• Develops and maintains good rapport and resolves broker conflicts.
• Travels to broker offices as required for training or marketing visits.
• Entertains brokers visiting the Company as required.
• Assists with development of marketing ideas and strategies for Underwriting events and other marketing campaigns.
• Demonstrates a thorough understanding of facultative reinsurance and 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.
• Maintains good working relationship with reinsurers.
• Resolves technical questions of the greatest complexity.
• Proactively develops technical and business knowledge through internal and external venues.
• Teaches classes to build technical underwriting knowledge to brokers, SSU students and other underwriters.
• Mentors new and existing underwriting talent.
• May perform other responsibilities as assigned.

Reporting Relationships

Reports to Underwriting Manager. May have up to three direct reports. Indirect reports not typically assigned.

Typical Skills and Experiences

Education

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

License/Certification/Designation

Completion of general insurance courses such as CPCU, CIC, AU, ARM, CPIW, CWIS, or ASLI is preferred.

Experience

Eight years CL underwriting experience handling large or complex accounts, excess & surplus lines experience preferred.

Knowledge, Abilities and 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.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Values

Regularly and consistently demonstrates the Nationwide Values.

Job Conditions

Overtime Eligibility: Exempt (Not Eligible)

Work Conditions

Normal office environment. Extended and non-standard work hours based on project and customer deliverable. Travel required.

ADA

The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Benefits

• 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.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

This position could be filled within any of the lower 48 U.S. states.

Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.

For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf

NOTE TO EMPLOYMENT AGENCIES: We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule. The national salary range for Consultant, Brokerage Casualty Underwriting - E&S/Specialty : $104,000.00-$194,000.00 The expected starting salary range for Consultant, Brokerage Casualty Underwriting - E&S/Specialty : $104,000.00 - $156,000.00

At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can feel the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we're a great place to work, too, and let us know – can you see yourself at Nationwide?

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

We currently anticipate accepting applications until 10/19/2026.