Territory Production Underwriter - Middle Market Construction Insurance

Nationwide; Indiana; Remote; USD 112.000 - 209.000; Vollzeit

Benefits dieser Stelle

Medical/dental/vision

Life insurance

Short and long term disability

Paid time off

Zusammenfassung

Nationwide is seeking a Construction Services Territory Manager to market, manage and underwrite commercial line business through select agencies. The role emphasizes profit, pipeline management and strategic agency partnerships while offering a remote work setup and frequent travel to agency relationships.

The position prefers seven years of underwriting/sales experience in commercial lines, with construction industry knowledge, and a Bachelor’s degree or equivalent experience.

Qualifikationen

• Seven years of underwriting and sales experience in commercial line preferred.
• Thorough knowledge of commercial underwriting, pricing and coverage for middle market.
• Strong ability to build and maintain internal/external partnerships.

Aufgaben

• Market, manage and underwrite commercial line business through direct contact with agencies or brokers.
• Drive profit and premium to meet financial goals and objectives.
• Develop, negotiate and execute business plans; research risk and environment to win accounts.
• Quote, price and underwrite new and renewal policies, monitor risk selection and pricing decisions.

Kenntnisse

Commercial underwriting

Agency management

Sales experience

Risk assessment

Ausbildung

Bachelor’s degree or equivalent experience

Jobbeschreibung

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! 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 is a remote/work-from-home (WFH) production underwriting role that includes travel to key agency relationships within the assigned territory. Qualified candidates must have Commercial insurance underwriting experience (with authority) and a profitability & production orientated lens along with agency management.

Strong preference for commercial middle market expertise

Construction-specific insurance industry experience is ideal

The internal title for this role is Territory Manager, Construction Services Business Development - Commercial Lines.

LI-REMOTE

As a Construction Services Territory Manager, you'll market, manage and underwrite commercial line business through direct contact with select agencies or brokers. We'll count on you to drive profit and premium to meet financial goals and objectives through developing, negotiating and executing business plans. Researches risk, environment and other factors necessary to win the account.

Analyzes quality and quantity of risks underwritten and prepares reports. Analyzes regional underwriting performance experience, identifies problems on a territory level and proposes plans to resolve those situations.

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. Decisions require review of multiple variables, using agency relationships, inspection reports and evaluation of exceptions. Ensures file handling quality and workflow efficiency. Drives robust agency business planning to deliver detailed performance plans with actions, accountabilities and scheduled performance checkpoints. Ensures strong territorial objectives to maximize profit and pipeline management. Markets Nationwide products and services to help drive agency and company results, including all products that may improve offerings. Assists agency with strategies for pipeline management, producer and business development in targeted industries and preferred markets. Responds effectively to assess accounts and develop business propositions that win business.

Consults with agencies regarding risk management and coverage options and to improve retention and profitability.

Effectively communicates with agencies to establish the company as the provider of choice for the territory for all enterprise products with an emphasis on commercial lines. Communicates and collaborates actively with team and leaders to share market intelligence, industry trends, and field underwriting experience.

Completes agency visits as appropriate to develop new accounts, service existing accounts, review agency performance, and improve agency relationship. Leads delivery of appropriate customer service levels. Follows up and ensures proper handling of customer service requests.

Ensures that tools, training and support are in place to positively impact success for the agencies and territory. Identifies and communicates training needs and opportunities. Monitors business plan results to determine performance and development of any action plans to ensure alignment with underwriting philosophies, standards and performance expectations. Reviews business in process, lost business and drives implementation of business plan. Bachelor’s degree or equivalent experience is preferred.

Seven years of progressively more responsible underwriting and sales experience in commercial line business preferred. Thorough working knowledge of commercial underwriting, pricing and coverage for middle market business. Knowledge of company sales and underwriting standards and practices company commercial products and programs. Ability to build and maintain cooperative and mutually rewarding internal and external partnerships. Demonstrated decision-making ability required in day-to-day operations where there may be unclear or competing priorities, including evaluating and recommending solutions to customer service, work processing, underwriting selection and rating and compliance. Overtime Eligibility: Not Eligible (Exempt)

Heavy travel with extended stays may be required. Most incumbents work from a remote location.

We have an array of benefits to fit your needs, including: 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.

We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged.

We value the partnerships we have built with our preferred vendors.

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; 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 Territory Manager, Construction Services Business Development - Commercial Lines : $112,000.00-$209,000.00The expected starting salary range for Territory Manager, Construction Services Business Development - Commercial Lines : $112,000.00 - $168,000.00