Nationwide Mutual Insurance Company
Sr Director, Business Development - Surety (Large Commercial)
Nationwide Mutual Insurance Company, Denver, Colorado, United States,
Sr Director, Business Development - Surety (Large Commercial)
Location: ColoradoTime Type: Full timePosted on: Posted YesterdayJob Requisition ID: 87265If 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.Compensation Grade:
8Will cover Western Region.Job Description SummaryDo you thrive in an environment where you can put your critical thinking and communication skills to work every day? Do you appreciate being able to contribute individually as well as collaboratively? Our Surety Underwriting team values initiative, the ambition to grow and learn, a broad skill set that includes everything from marketing to finance to risk analysis and a solutions-focused approach. We’re technology savvy and highly motivated to grow our business with excellent career advancement opportunities. If you can see yourself as a member of our team, in a company that wants to grow in this space, then we want to know more about you!Key Responsibilities:Conducts detailed research on all aspects of the surety underwriting market segment to help make policy and practice decisions. Gathers information from multiple sources according to company guidelines, in order to perform underwriting analysis.Analyzes performance of portfolio as well as individual account performance and develops appropriate action to drive growth based on analysis.Prepares files for review by Surety officer for accounts outside of NSF authority limits or reinsurance treaty exceptions.Manages underwriting processes of regional office staff, developing and implementing standard methodologies.Tracks monthly production activity to provide DWP growth estimates to leadership.Helps develop state expansion plans, including rate filings and agent segmentation.Leads annual agent segmentation process to help identify Premier and Partner agents.Supports directors with underwriting activities, providing guidance and support.Provides support for annual production goals by region and state.Works with P&C sales and underwriting groups to align strategies.Provides industry updates; including competitive intelligence, and shares with underwriting teams.Establishes and maintains open and effective communications with leadership and other operations.Assists in setting operational expectations, goals, and strategies.Works in partnership with underwriting leaders to develop and manage the training of associates.May perform other responsibilities as assigned.Reporting Relationships:
Reports to VP; No direct reports.Typical Skills and Experiences:Education:
Undergraduate degree in business administration, insurance, risk management, economics or finance preferred.License/Certification/Designation:
Actively pursuing AFSB, CPCU or other related insurance certification desired.Experience:
Ten years’ experience in surety underwriting including at least five years management or consultant experience preferred.Knowledge, Abilities and Skills:
Knowledge of Commercial Surety & Fidelity Products, credit/collections, rating, and related functions. Requires extensive knowledge of surety underwriting standard methodologies and field underwriting operations.Values:
Regularly and consistently demonstrates Nationwide Values.Job Conditions:Overtime Eligibility:
Not Eligible (Exempt)Working Conditions:
Normal office environment with travel expected. May require valid driver’s license.ADA:
The above statements cover what are generally believed to be principal and essential functions of this job.We currently anticipate accepting applications until 09/06/2024. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.Benefits:
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, 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.
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Location: ColoradoTime Type: Full timePosted on: Posted YesterdayJob Requisition ID: 87265If 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.Compensation Grade:
8Will cover Western Region.Job Description SummaryDo you thrive in an environment where you can put your critical thinking and communication skills to work every day? Do you appreciate being able to contribute individually as well as collaboratively? Our Surety Underwriting team values initiative, the ambition to grow and learn, a broad skill set that includes everything from marketing to finance to risk analysis and a solutions-focused approach. We’re technology savvy and highly motivated to grow our business with excellent career advancement opportunities. If you can see yourself as a member of our team, in a company that wants to grow in this space, then we want to know more about you!Key Responsibilities:Conducts detailed research on all aspects of the surety underwriting market segment to help make policy and practice decisions. Gathers information from multiple sources according to company guidelines, in order to perform underwriting analysis.Analyzes performance of portfolio as well as individual account performance and develops appropriate action to drive growth based on analysis.Prepares files for review by Surety officer for accounts outside of NSF authority limits or reinsurance treaty exceptions.Manages underwriting processes of regional office staff, developing and implementing standard methodologies.Tracks monthly production activity to provide DWP growth estimates to leadership.Helps develop state expansion plans, including rate filings and agent segmentation.Leads annual agent segmentation process to help identify Premier and Partner agents.Supports directors with underwriting activities, providing guidance and support.Provides support for annual production goals by region and state.Works with P&C sales and underwriting groups to align strategies.Provides industry updates; including competitive intelligence, and shares with underwriting teams.Establishes and maintains open and effective communications with leadership and other operations.Assists in setting operational expectations, goals, and strategies.Works in partnership with underwriting leaders to develop and manage the training of associates.May perform other responsibilities as assigned.Reporting Relationships:
Reports to VP; No direct reports.Typical Skills and Experiences:Education:
Undergraduate degree in business administration, insurance, risk management, economics or finance preferred.License/Certification/Designation:
Actively pursuing AFSB, CPCU or other related insurance certification desired.Experience:
Ten years’ experience in surety underwriting including at least five years management or consultant experience preferred.Knowledge, Abilities and Skills:
Knowledge of Commercial Surety & Fidelity Products, credit/collections, rating, and related functions. Requires extensive knowledge of surety underwriting standard methodologies and field underwriting operations.Values:
Regularly and consistently demonstrates Nationwide Values.Job Conditions:Overtime Eligibility:
Not Eligible (Exempt)Working Conditions:
Normal office environment with travel expected. May require valid driver’s license.ADA:
The above statements cover what are generally believed to be principal and essential functions of this job.We currently anticipate accepting applications until 09/06/2024. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.Benefits:
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, 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.
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