Nationwide
Insurance
Sr.ConsultantBrokerageExcessUnderwriting
Neural analysis suggests this role is
optimal for Senior candidates.
“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.
Analyze complex risk; Sound decision making
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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