AVP, Middle Market Property Underwriting - Commercial

If you’re passionate about helping people protect what matters most to them at a Fortune 100 company with nearly $70 billion in annual sales, as well as innovating and simplifying processes and operations to provide the best customer value, then Nationwide’s Property and Casualty team could be the place for you! At Nationwide, “on your side” goes beyond just words.

Our customers and partners are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Addendum:

With the integration of N2G responsibilities, this role will have 3-4 direct reports including oversight of the N2G Technical Director for Property. In addition, the role will assume responsibility for an additional $50M in Property premium and a broader product portfolio, including four distinct product lines: ISO-based Commercial Property, Commercial Output Property, Inland Marine, and Capital Assets (domestic and international). The role will also provide leadership and oversight for potential shared and layered international Property offerings, requiring a high degree of product expertise, strategic direction, and portfolio management.

Job Description Summary Are you a proven leader with strategic, creative and technical commercial product and underwriting skills? Do you have deep insights into the commercial insurance industry and competition with the ability to translate those insights into strategic and technical underwriting practices and partner with underwriting leaders to implement the practices across Commercial Lines Middle Market insurance? If you have these abilities and a drive to achieve financial goals, set strategic direction and make a difference, then we want to hear from you!

This technical executive leader will be assigned lines of business, responsible for or managing a team of experts that support Middle Market technical underwriting. They will build and oversee the implementation of the strategic direction set forth by executive leadership as it pertains to the line, drive profitable growth through consistent monitoring and reporting on the health of the portfolio, as well as recommend and implement innovative solutions to enhance our product offering.

The role requires a strong technical ability for the assigned line of business, effective leadership, as well as an understanding of the property and casualty landscape, market trends and competitive dynamics. The assigned lines of businesses will include a group of the following:
Auto, General Liability, Workers Compensation, Umbrella, Property and Inland Marine.

Job Description

Key Responsibilities:

Develop and present strategies for the assigned line(s) of business to achieve growth and profitability targets. Regularly collaborate with Loss Control and Claims teams to learn about trends and suggest areas of refinement in either underwriting practice, Loss Control capabilities or Claims insights to continually improve both our underwriting capabilities and service offerings. Analyze market trends and competitive landscape to identify opportunities for expansion.

Analyze claims and pricing study data to uncover loss drivers impacting the portfolio and recommend tactical and strategic changes to drive performance Oversee the design and development of (property or casualty) specific enhancements, ensuring they meet the needs of Industry Practice Leaders and Middle Market clients. Routinely meet with Actuarial partners to provide feedback and suggest improvements to pricing capabilities to ensure relevance based on current market trends.  

Manage underwriting compliance for the assigned area in accordance with applicable rating plans and may respond to requests from departments of insurance or…