Nationwide

Insurance

Sr.ConsultantBrokerageExcessUnderwriting

$0–0k Illinois, United States FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Sr. Consultant Brokerage Excess Underwriting at Nationwide. Skills: Brokerage Excess underwriting, Risk management, Financial acumen. Underwrite individual risks for acceptability. Develop analyze evaluate information exposures”

What You'll Achieve.

Achieve production loss ratio goals

Industry & Context.

Insurance
Problems you'll solve

Analyze complex risk; Sound decision making

Eligibility Requirements

Travel to broker offices, Entertain brokers

What They're Looking For.

Must Have

Deep experience in underwriting Brokerage Excess risks, 5+ years experience

Nice to Have

Candidates local to Chicago region preferred

What You'll Do.

Underwrite individual risks for acceptability

Develop analyze evaluate information exposures

Achieve production loss ratio goals

Review analyze claims loss history

Take appropriate action on accounts

Determine appropriate reinsurance placement

Foster positive business relationships

Research develop presentation new classes

Assess market viability create forms

Develop rates with actuarial support

Partner with Actuarial team

Partner with Finance team

Partner with claims team

Review individual risks with brokers

Analyze exposures to loss

Develop adequate premium charge

Determine endorsements exclusions

Develop manuscript wording

Place reinsurance if any

Achieve team individual production goals

Analyze premium loss results

Assess quality of broker submissions

Make corrective action recommendations

Oversee handle policy maintenance items

Review endorsement requests

Authorize necessary changes

Review Loss Control reports

Partner with broker ensure compliance

Follow up on outstanding information

Review claim activity

Develop maintain good rapport

Resolve broker conflicts

Travel to broker offices

Entertain brokers visiting Company

Assist with development marketing ideas

Demonstrate thorough understanding facultative reinsurance

Place reinsurance per department guidelines

Maintain good working relationship with reinsurers

Resolve technical questions

Develop technical business knowledge

Teach classes build underwriting knowledge

Mentor new existing underwriting talent

Perform other responsibilities as assigned

How You'll Work.

Team & Collaboration

Actuarial team; Finance team; Claims team; Brokers; Reinsurers; Co-workers

Communication Scope

Presentations; Market viability

Full 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. Ideal candidate will possess deep experience in underwriting Brokerage Excess risks. Position will service the Chicago region so candidates local to that region are preferred, but not a requirement. #LI-AS1 #LI-remote **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 Senior Underwriting Consultant in Brokerage Excess, you will underwrite individual risks for acceptability, pricing, coverage, terms and conditions, by developing, analyzing and evaluating information and exposures on risks of the most complex technical nature with the highest level of authority for the Excess 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 will exercise a high level of authority and judgment with

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