Nationwide Job Openings – Territory Mgr

Website Nationwide

Job Description:

As a Territory Manager, you’ll market, manage and underwrite commercial business 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 implementing business plans. You’ll lead and influence agencies by creating sales strategies and implementing sales processes and practices that drive new sales, increase shelf space, profit and customer retention. To succeed, it will be important to collaborate with internal business partners to support and increase the overall Nationwide presence.

Job Responsibilities:

  • 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 plans. Analyzes regional underwriting performance experience, identifies problems on a territory level and proposes plans to resolve those situations.
  • 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 development and developing business in targeted industries and preferred markets.
  • Responds effectively to assess accounts and develop business propositions that win the business.
  • Consults with agents and internal partners to develop business solutions. Shares understanding of organizational capabilities and opportunities to drive maximum value of relationships. Consults regarding the appetite, acceptability, terms, conditions, pricing and sales techniques of large or unique business. Provides industry trend observations to leadership. Consults with agencies regarding risk management and coverage options and to improve retention and profitability.
  • 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, both on a book of business and individual account level basis. Decisions require review of multiple variables, using agency relationships, inspection reports and evaluation of exceptions. Reviews for acceptability and handles those within authority using company underwriting guidelines and standards.
  • Manages workflow and intricacies of underwriting assigned work by utilizing company tools and systems. Ensures file handling quality and workflow efficiency. Manages large, sophisticated work and coordinates work with others to meet service level agreements. Effectively influences activities of the team to facilitate the successful delivery and execution of select agency business plans.
  • Drives robust agency business planning to deliver detailed performance plans with actions, accountabilities and scheduled performance checkpoints. Ensures strong territorial objectives to improve profit and pipeline management. Proactively finds opportunities for all lines of business and refers to appropriate business leaders. Plans and coordinates the efforts of the Middle Market Underwriting Team on new business, renewals, service plans, etc. Identifies prospects and recommends new agency appointments.
  • Monitors market conditions, competitive landscape and confirms information gathered within market space. Researches risk, environment and other factors to win the account.

Job Requirements:

  • Other criteria, including leadership skills, competencies and experiences may take precedence.
  • Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.
  • Detailed 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.
  • Knowledge of state statutes and regulations.
  • Excellent interpersonal and sales skills.
  • Ability to build and maintain cooperative and mutually rewarding internal and external partnerships.
  • Must have the ability to perform duties with independent judgment with underwriting authority and within company underwriting standards.
  • 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.
  • Strong drive for results.
  • Seven years of progressively more responsible underwriting and sales experience in commercial business preferred.
  • Expertise in markets consistent with our underwriting preferences and product portfolio preferred.

Job Details:

Company: Nationwide

Vacancy Type:  Full Time

Job Location: Arizona, United States

Application Deadline: N/A

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