Nationwide Insurance Careers – Specialist

Website Nationwide

Job Description:

As a Specialist Middle Market Underwriting, you will accept, retains and price complex moderate to high exposure new, renewal and endorsement commercial business policies based on granted authority. We’ll count on you to provide technical direction and account expertise in the development and guidance of the underwriting staff. You will review and makes decisions regarding larger, more complex, and/or unusual business. You may also be asked to function as team lead depending on business need.

Job Responsibilities:

  • Manages larger, more complex work that requires working with and through others to meet overall project timelines and maximize workflow.
  • Manages referral underwriting, which have been escalated from other underwriting staff, and provides suggested decision or approach. Ensures file handling quality and workflow efficiency. Assists in managing work inventories within the unit.
  • Gathers information from multiple sources according to company guidelines, in order to perform underwriting analysis. May require gathering verbal information or data through reports or other electronic means. May research issues in support of unit objectives and participate on committees or special projects.
  • Underwrites new business, renewals and endorsements . Decisions at this level may require review of additional variables, leveraging agency, sales and underwriting relationships, inspection reports and evaluation of exceptions. Reviews for acceptability and handles those within authority using company underwriting guidelines and standards. May assist manager in performing audits including corporate, underwriting, agency and self audits.
  • Proactively identifies and drives opportunities for business development and issues resolution through consulting with agents and internal partners. Understands organizational capabilities and opportunities to drive maximum value of relationships. Provides technical expertise to underwriting associates and agents. Advises on the underwriting of larger, more complex, and/or unusual business to determine acceptability, terms, conditions, pricing and sales techniques.
  • Plans completion of assignments to meet agreed upon timelines and service level agreements. Provides input and feedback regarding operational business plan.
  • Communicates with agents and other internal and external business partners by requesting and providing requested information.
  • Reviews individual risks for acceptability and handles those within authority based on company underwriting guidelines and standards.
  • Analyzes quality and quantity of risks underwritten and prepares reports accordingly. May review agency books of business as well as profit/growth results and trends to recommend and implement action plans. May perform portfolio analysis or additional underwriting analysis in support of unit objectives.

Job Requirements:

  • Commercial insurance processing systems.
  • Working knowledge of company operations and products. Sales, claims, service center and legal issues involving knowledge of commercial contracts.
  • Verbal and written communication skills necessary to interact with all levels of internal and external contacts.
  • Ability to evaluate and recommend solutions to work-related problems.
  • Ability to analyze insurance risks to determine the degree of acceptability.
  • Ability to operate PC and related software.
  • Ability to advise agents and agency staff on commercial contracts, procedures and business practices.
  • Ability to analyze portfolio data and develop appropriate action plans.
  • Ability to train and lead lower level commercial underwriters in all aspects of underwriting and processing functions.
  • Other criteria, including leadership skills, competencies and experiences may take precedence.
  • Bachelor’s degree or equivalent work experience preferred.

Job Details:

Company: Nationwide

Vacancy Type:  Full Time

Job Location: Iowa, United States

Application Deadline: N/A

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