Senior Underwriter (Underwriting Specialist) - P&C Excess

Nationwide Mutual Insurance•Scottsdale, AZ

9d•Remote

About The Position

Nationwide’s Property and Casualty team is seeking an Underwriting Specialist in Contract for its Excess & Surplus/Specialty (E&S/S) lines. The role evaluates complex technical risks and determines acceptability, pricing, coverage, terms, and conditions. The underwriter independently exercises a high level of authority and judgment, balancing customer needs with business goals and working to meet production, profitability, service, and loss-ratio objectives across assigned agents, programs, or territory. The position also determines appropriate reinsurance placement when applicable and maintains relationships with general agents and reinsurers. The role includes underwriting new and renewal policies and endorsements, assessing agency and territory results, recommending corrective actions and business plans, and supporting marketing and agency development. It may also involve research and development of products, forms, rates, and manuals, as well as technical assistance, training, and mentoring. The position reports to the Department Manager and may be filled within any of the lower 48 U.S. states. It is not eligible for employer-sponsored work authorization, and Nationwide does not participate in the STEM OPT Extension program.

Requirements

Six years of related experience or five years of experience as an underwriter; excess and surplus lines experience is preferred.
Knowledge of underwriting policies, practices, and procedures; insurance law; underwriting marketing principles and techniques; rating plans and concepts; treaty and facultative reinsurance; general agency systems; regulatory issues; market conditions; and company operations.
Ability to analyze insurance risks and determine acceptability, including consideration of policy language, commercial rating plans and methodologies, and reinsurance.
Ability to manage assigned lines of business, which may include monitoring aggregates.
Ability to work with the wholesale/general agency distribution system.
Advanced negotiation skills.
Effective oral, written, and interpersonal communication skills with individuals and groups, including via telephone, fax, email, and in person.
Ability to devise business solutions, implement appropriate solutions, and monitor their effectiveness.
Ability to make decisions with minimal supervision.
Ability to use or learn job-related computer software.
Regularly and consistently demonstrate Nationwide Values.

Nice To Haves

Undergraduate degree; equivalent work experience may be considered in lieu of a degree.
Completion of general insurance courses or designations such as CPCU, CIC, AU, ARM, CPIW, CWIS, or ASLI.
Excess and surplus lines underwriting experience.

Responsibilities

Review individual risks submitted by assigned agents or programs and accept or decline business based on available information.
Analyze exposures to loss, determine adequate premium charges, and select endorsements and exclusions to address risks.
Place reinsurance for accounts when appropriate and in accordance with department guidelines; maintain working relationships with reinsurers.
Meet individual production, profitability, service, and loss-ratio goals through sound territory management and marketing.
Quote, price, and underwrite new and renewal policies and endorsements, primarily for complex or service-sensitive accounts.
Monitor risk selection and pricing across agency books of business and individual accounts.
Analyze premium and loss results by agency, state, major class of business, and program; assess submission quality and recommend corrective actions or action plans.
Handle policy maintenance and mid-term requests, review endorsement requests, process policy changes, follow up for outstanding information, and review loss-control reports and claims activity.
Review agency books of business and profit and growth trends, and recommend or implement action plans as needed.
Build relationships with general agents through regular contact, resolve agency conflicts, and travel to agency offices for audits, training, or marketing visits as required.
Assist with marketing ideas and strategies, underwriting seminars, campaigns, pipeline management, producer development, and new business development in targeted industries and preferred markets.
Market Nationwide products and services, including enterprise products that may enhance agency offerings, and develop business propositions to win accounts.
Assist with program, product, form, and rate research and development, and provide technical assistance to agents, Underwriting Assistants, and other underwriters.
Develop technical and business knowledge through internal and external learning opportunities.
May entertain agents visiting the company and perform other responsibilities as assigned.

Benefits

Medical, dental, and vision coverage
Life insurance
Short- and long-term disability coverage
Paid time off, with newly hired associates receiving a minimum of 18 days per full calendar year, prorated quarterly based on hire date
Nine paid holidays
Eight hours of Lifetime paid time off
Eight hours of Unity Day paid time off
401(k) with company match
Company-paid pension plan
Business casual attire