Underwriter, Brokerage Casualty - E&S/S (West)

Nationwide Mutual Insurance•Scottsdale, AZ

About The Position

Nationwide’s Excess & Surplus/Specialty (E&S/S) team provides insurance for risks other carriers may not offer. In a fast-paced, collaborative, and growing industry, the Underwriter in Brokerage Casualty determines risk acceptability, pricing, coverage, terms, and conditions for Primary Casualty risks of basic technical complexity. The role analyzes risk information and exposures, reviews claims and loss history, and takes appropriate action on individual accounts to achieve production and loss-ratio goals. It also considers reinsurance placement requirements and develops positive business relationships with brokers and reinsurers. Underwriting authority is provided as the associate gains experience. The position reports to an Underwriting Manager and has no direct reports. It is performed in a normal office environment, with limited out-of-state travel potentially required and in-town entertaining as necessary after normal business hours. The role is exempt from overtime eligibility.

Requirements

Knowledge of business and insurance concepts.
Ability to communicate effectively verbally and in writing with internal and external individuals and groups, including by telephone, video conference, fax, email, and in person.
Ability to analyze insurance risks and determine acceptability, including understanding policy language, commercial rating plans and methodologies, and reinsurance.
Ability to use or learn job-related computer software.
Regularly and consistently demonstrate Nationwide Values.

Nice To Haves

Undergraduate studies or equivalent work experience.
Completion of general insurance courses or designations such as IIA 21, 22, or 23; CPCU; CIC; AU; ARM; CPIW; CWIS; or ASLI.
Four years of related experience or prior experience as an underwriting assistant or rater.

Responsibilities

Review individual risks submitted by brokers, in partnership with an underwriting leader or team member, and accept or decline business based on the information needed to make a decision.
Analyze loss exposures, develop appropriate premium charges, and determine endorsements and exclusions for insurance contracts.
Achieve team and individual production and loss-ratio goals through sound broker management and marketing.
Recommend corrective action on individual risks.
Handle policy maintenance and other mid-term requests in partnership with an underwriting leader or team member.
Review endorsement requests and process necessary policy changes.
Review loss-control reports and make recommendations to the underwriting leader.
Follow up on outstanding information as needed.
Maintain frequent contact with brokers, foster positive business relationships, develop rapport, and resolve conflicts.
Travel to broker offices for training or marketing visits as required, in partnership with an underwriting leader or team member.
Entertain brokers visiting the company as required.
Develop technical and business knowledge through internal and external venues.
Perform other responsibilities as assigned.

Benefits

Medical, dental, and vision coverage.
Life insurance.
Short- and long-term disability coverage.
Paid time off: newly hired associates receive 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.