P&C Underwriter - Contract Underwriting (Excess & Surplus)

NBMBAA; United States; On-site; USD 54,000 - 101,000; Full time

Benefits offered by this job

Medical/dental/vision

401(k) with company match

Pension plan

Job summary

Nationwide seeks an experienced underwriter for Excess & Surplus/Specialty (E&S/S) to analyze risks, price exposures, and issue endorsements. You will collaborate with UW leaders, manage broker relationships, and help drive profitable growth in a fast-paced environment.

Ideal candidates have at least three years in underwriting, familiar with CPCU/CPIW-type courses, and a strong grasp of risk selection, pricing, and policy terms. This role requires travel and a commitment to Nationwide values.

Qualifications

• Undergraduate degree preferred. Equivalent work experience will be considered in lieu of a degree.
• Three years related experience or prior experience as an underwriter, excess & surplus lines preferred.
• Completion of general insurance courses such as CPCU, CIC, AU, ARM, CPIW, CWIS, or ASLI is preferred.

Responsibilities

• Review risks and determine acceptability, pricing, endorsements and exclusions.
• Achieve production, profitability and service objectives; quote and underwrite policies and endorsements.
• Manage broker relationships and territory; advise on endorsements and policy changes.
• Monitor risk selection and pricing for agency plant at the account level.
• Support marketing and development of new business in targeted industries.

Skills

Analytical thinking

Negotiation skills

Communication skills

Risk assessment

Underwriting knowledge

Education

Undergraduate degree preferred

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!

This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program.

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.

Key Responsibilities

• In partnership with underwriting (UW) leader / team member, reviews individual risks from agents or brokers 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. Analyzes exposures to loss, develops an adequate premium charge for the exposure, determines appropriate endorsements and exclusions to address loss exposures for the insurance contract.
• Achieves team /individual production and loss ratio goals through sound broker management, territory management and marketing, with or without assigned territory. Makes corrective action recommendations on individual risks. In partnership with UW leader / team member, 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 UW leader. Follows up on outstanding information as required.
• Achieves production, profitability and service objectives. Quotes, prices and underwrites new and renewal policies and endorsements, primarily for complex or service sensitive accounts. Monitors risk selection and pricing decisions for entire agency plant, both on a book of business and individual account level basis.
• Continually analyzes premium and loss results in their territory by agency, broker, state, major class of business and by program. Audits 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. Strengthens internal and external relationships through regular contact on underwriting matters, promoting profit and new business growth, renewal retention and service capabilities.
• Proactively develops technical and business knowledge through internal and external venues.
• Markets Nationwide products and services to help drive agency and company results, including all enterprise products that may enhance offerings. Assists agency with strategies for pipeline management, producer development and to develop new business in targeted industries and preferred markets. Responds effectively to assess accounts and develop business propositions that win the business.

May perform other responsibilities as assigned

Reporting Relationships

Reports to Underwriting Manager.

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

Three years related experience or prior experience as an underwriter, excess & surplus lines preferred.

Knowledge, Abilities and Skills

Knowledge of lines underwriting policies, practices and procedures, insurance law and underwriting marketing principles and techniques, rating plans and plan concepts, Treaty & Facultative reinsurance concepts, general agency system and company operations, regulatory issues, the general agency system, market conditions and company operations. Ability to communicate effectively, orally, and in writing, interpersonally with individuals and groups via telephone, fax, e-mail and in person. Demonstrates advanced negotiation skills. Ability to manage the assigned line or lines of business, which may include monitoring of aggregates. Ability to work with the wholesale/general agency distribution system. Ability to analyze insurance risks to determine acceptability including policy language, various commercial rating plans and methodologies, reinsurance. Ability to use/learn job related computer software. Ability to devise business solutions to problems, implement the most appropriate, and monitor its effectiveness. Ability to make decisions with minimal supervision.

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

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Values

Regularly and consistently demonstrates Nationwide Values.

Job Conditions

Overtime Eligibility

Not Eligible (Exempt)

Working Conditions

Normal office environment. Travel out of state as required several times a year. In-town entertaining required as necessary after 5:00 P.M.

ADA

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

We currently anticipate accepting applications until 10/23/2026. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.

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.

Smoke-Free Iowa Statement: 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 Underwriter, Contract Underwriting - E&S/ Specialty : $54,000.00-$100,500.00The expected starting salary range for Underwriter, Contract Underwriting - E&S/ Specialty : $54,000.00 - $81,000.00