Sr Underwriter, Contract Underwriting - E&S/Specialty (P&C Contract Binding)

Nationwide Insurance; United States; Remote; USD 80,000 - 100,000; Full time

Job summary

A leading insurance company is seeking a Sr Underwriter to analyze risks and provide tailored insurance solutions. This role involves managing complex accounts, achieving financial goals, and fostering relationships with agents and reinsurers. The ideal candidate will have strong analytical skills and relevant experience in underwriting. Remote work is available within the contiguous US.

Qualifications

• Four years related experience or two years as an underwriter preferred.
• Knowledge of underwriting policies, practices, insurance law, and reinsurance concepts.

Responsibilities

• Review risks and decide to accept or decline based on analysis.
• Achieve production and loss ratio goals through effective management.
• Build and maintain positive relationships with agents and brokers.

Skills

Communication

Negotiation

Decision-Making

Risk Analysis

Education

Undergraduate degree

Completion of general insurance courses

Job description

If you’re passionate about helping people protect what matters most to them, 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 are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Open to remote work in the contiguous US.

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

Compensation Grade: E.SD80

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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 a Sr Underwriter, you will determine individual risk acceptability, pricing, coverage, terms and conditions, by developing, analyzing and evaluating information and exposures on risks of moderate technical complexity and with limited authority. You will be responsible for achieving production and loss ratio goals within an assigned territory by reviewing and analyzing claims, loss history and taking appropriate action on individual accounts and/or program or territory. We'll count on you to drive profit and premium to meet financial goals and objectives through developing, negotiating and implementing business plans. Your knowledge of reinsurance placement requirements, if any, on individual accounts, is important and valued. You will have opportunities to foster positive business relationships with agents and reinsurers.

Job Responsibilities

• Review risks from agents, brokers, or program managers, and decide to accept or decline based on necessary information, analyzing exposure, developing premiums, and determining endorsements/exclusions.

• Achieve production and loss ratio goals through effective broker/territory management, quoting, pricing, and underwriting new and renewal policies, focusing on complex or sensitive accounts.

• Analyze premium and loss results, audit policies for compliance, and develop action plans as needed.

• Manage policy maintenance, endorsements, loss control reports, and claims, following up as necessary.

• Build and maintain positive relationships with agents and brokers, including travel for audits, training, and marketing, and develop marketing strategies for growth.

• Place reinsurance within department guidelines and maintain good relationships with reinsurers.

• Market Nationwide products and services, develop new business, and respond to account assessments with strategic proposals.

Qualifications

• Undergraduate degree preferred or equivalent work experience.

• Completion of general insurance courses preferred (e.g., CPCU, CIC, AU, ARM, CPIW, CWIS, or ASLI).

• Four years related experience or two years as an underwriter, excess & surplus lines preferred.

• Knowledge of underwriting policies, practices, insurance law, reinsurance concepts, and market conditions.

• Strong communication, negotiation, and decision-making skills, with ability to analyze risks and manage business lines effectively.

Additional details on work conditions, benefits, and legal notices are included in the full description.