Apply on Employer Site

Nationwide · 1 day ago

Specialist, Underwriting Middle Market - Commercial Lines (Large Farm Underwriting)

United States

Full-time

Remote

Senior Level

6+ years exp

Nationwide is a leading mutual insurance company dedicated to protecting what matters most to its customers. The Specialist, Underwriting Middle Market – Commercial Lines (Large Farm) will manage new and renewal business, providing technical direction and expertise in underwriting while supporting a Midwest territory. The role requires a blend of customer service skills and analytical abilities to deliver effective solutions for complex underwriting challenges.

BankingFinancial ServicesInsuranceLife Insurance

Responsibilities

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

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

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

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

Plans completion of assignments to meet agreed upon timelines and service level agreements. Provides input and feedback regarding operational business plan

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

Communicates with agents and other internal and external business partners by requesting and providing requested information

Strengthens internal and external relationships through regular contact on underwriting matters, promoting profit and new business growth, renewal retention and service capabilities. May participate in the review and analysis of agency performance

Responds to requests from agents and underwriting staff with resolution within established time and service standards in order to facilitate and expedite service needs. Handles escalated underwriting issues from unit

Educates internal and external partners on underwriting process, practice and tools. Helps train less experienced underwriting staff. Coordinates, participates and/or leads training development or delivery as a subject matter expert. Identifies and communicates training needs and opportunities

Qualification

Commercial underwriting experienceFarm underwriting experienceAnalytical skillsINSAUSimilar designationsInsurance lawsCommunication skillsCustomer service skillsTraining skillsLeadership skillsProblem-solving skills

Required

Qualified candidates will have farm, agribusiness or commercial underwriting experience

Typically six years of commercial lines underwriting experience

Bachelor's degree or equivalent work experience preferred

Completion of INS, AU or similar designations with progress toward CIC and/or CPCU is preferred

Commercial underwriting policy, practices and procedures

Rating plans and plan concepts

State and Federal insurance laws and regulations

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

Preferred

Middle market experience preferred

Benefits

Medical/dental/vision

Life insurance

Short and long term disability coverage

Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date

Nine paid holidays

8 hours of Lifetime paid time off

8 hours of Unity Day paid time off

401(k) with company match

Company-paid pension plan

Business casual attire

And more

Company

Nationwide

Glassdoor3.9

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States.

Founded in 1925

Columbus, Ohio, USA

10001+ employees