Specialist - Filing, Commercial, E&S, Specialty

Nationwide Mutual Insurance Company; Columbus (OH); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Medical/dental/vision

Life insurance

Disability coverage

Paid time off

Job summary

Nationwide Mutual Insurance Company is seeking a Specialist, Filings to prepare and assist with complex rate, rule and forms filings for property and casualty lines. You will collaborate with underwriting, pricing and regulatory teams to ensure compliance and timely submission to state Departments of Insurance.

The role calls for strong analytical skills, multi-task management and experience with regulatory filings.

Qualifications

• Undergraduate studies in mathematics or business preferred.
• Completion of INS, AU or similar designations is preferred.

Responsibilities

• Prepare and assist with complex rate, rule and forms filings.
• Support state filing requirements per regulator and internal standards.
• Provide subject matter expertise for regulatory filings and respond to regulator inquiries.
• Protect audit trails and ensure timely completion of filings.

Skills

Rate making

Bureau rating systems

P&C knowledge

Regulatory compliance

Communication

Negotiation

Mentoring

Education

Undergraduate studies in mathematics or business

INS designation

AU designation

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. This position primarily supports commercial auto and workers’ compensation filings, including collaboration with state departments of insurance. Prior filing experience is preferred, and experience with FilingRamp is a plus. #LI-AS1 #LI-remote

Job Description Summary

Before any of our products can be marketed or sold, they must first pass the scrutiny of regulators including the state departments of insurance. This is where our team excels! Our top performers think strategically, are detail oriented and build great relationships internally and with the regulatory agencies to ensure the accuracy, completeness and timeliness of our Filings. If you thrive in a fast paced environment where your work really matters, work proactively and have a keen eye for detail, are a strong communicator and can balance multiple priorities and processes, we want to know more about you! As a Specialist, you'll prepare, research, help with and implement complex rate, rule and forms filings. You may backfill/support any filing types for any/all lines of business as needed and assist Underwriting and Pricing with the development of rate/rule manual pages. You'll have opportunities to participate on project teams and advise business sponsor of the filing compliance impact of planned actions.

Job Description Key Responsibilities

• Reviews state filing requirements to ensure filings are submitted according to department of insurance (DOI) requirements and internal corporate standards.
• Provides subject matter expertise to staff offices and regional field partners for special projects.
• Provides ad hoc research and responds to records requests for DOI filings.
• Ensures internal documentation specific to DOI requirements and internal standards is up to date, comprehensible and consumable by unit staff and business partners.
• Performs quality assurance and peer reviews.
• Analyzes and prepares regulatory filings in compliance with state regulations for submission to the respective state DOI.
• Analyzes insurance department inquiries; gathers input from other staff areas and offers solutions as needed to prepare responses in a timely manner.
• Analyzes, interprets and communicates changes in insurance laws and regulation as they affect state filings.
• Updates procedures when necessary.
• Contributes to the unit's corporate success which is based on demonstrated contributions to overall project results so that project implementation schedules are on time.
• Communication updates will be provided to sponsoring product, pricing or compliance areas by providing regular status updates on larger projects.
• Makes the best use of available filing tools and software to full effect in ensuring simplicity, transparency, audit trail and availability of information to business partners.
• Creates communications and maintains project data within tools.
• Seeks feedback from business partners and uses same for continuous improvement.
• Provides technical expertise for special projects.
• Advises involved company offices/business partners regarding implementation of revision based on specific knowledge of the state regulatory structures and the current regulatory environment.
• Provides consultation and support relative to overall filing volume/complexity/risk in states of assignment and country-wide.
• Meets with project teams and gives advice on overall filing strategy for complex filings.
• Participates in project meetings, analyzes project scope, reviews state specific rating manuals and determines if manual updates are needed.
• Provides staff and field office operations personnel with tools to help understand bureau circulars and provides information on filing procedures/strategies.
• Drafts and distributes internal releases; informs affected departments of changes in rates, rules and forms filings; announces approval of filings with changes as appropriate.
• Monitors and communicates objections in a timely fashion, facilitates response to objections within time frames determined by the regulator.
• Acts as lead trainer and is responsible for quality assurance of Filing Unit.
• Develops and maintains effective working relationships with internal business partners and DOI to discuss issues, needs and/or resolve problems as needed.
• May perform other responsibilities as necessary.

Reporting Relationships

Reports to Manager.

Typical Skills and Experiences

• Education: Undergraduate studies with emphasis in mathematics or business preferred.
• License/Certification/Designation: Completion of INS, AU or similar designations is preferred.
• Experience: Minimum of five years of related experience in property and casualty insurance with four years of regulatory filing experience desired.
• Knowledge, Abilities and Skills: Proven knowledge of rate making and bureau rating systems. Property and casualty coverage knowledge. Knowledge of Excess and Surplus market. Knowledge of admitted vs. non-admitted compliance requirements. Ability to perform legal research. Ability to analyze state law changes and interpret needs to change rate/rules & forms to follow the new law. Advanced personal computer skills, e-mail and internet experience. Ability to communicate interpersonally with individuals and groups in person, via phone, e-mail, fax and letters. Negotiation skills. Mentoring skills.
• 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 the Nationwide Values.

Job Conditions

Overtime Eligibility: Exempt (Not eligible) Working Conditions: Normal office environment. Non-standard and/or extended hours as required.

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.

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 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

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 Specialist, Filings : $79,500.00-$148,500.00 The expected starting salary range for Specialist, Filings : $79,500.00 - $119,500.00

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciative, 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.