VP, Middle Market Underwriting

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.

Please Note: This position is open to working remotely in the United States.

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Are you a proven leader with strategic, creative and technical commercial product and underwriting skills? Do you have deep insights into the 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 vision and make a difference, then we want to hear from you!

• Partners with field underwriting teams and national industry leaders to develop strategic and operational plans that have a substantial impact on the short and long-term success of the Middle Market business.
• Oversees achievement of continued profitability, growth and/or operational efficiencies for Middle Market book of business including multiple product lines or segments by monitoring competition and setting underwriting profitability and expense strategy.
• Establishes strategic underwriting objectives, underwriting authority levels and product development direction in partnership with field underwriting, inside underwriting, industry experts, underwriting capability and risk management teams.
• Remains in tune with industry trends, market conditions and customer sentiments to assess risk tolerance, market appetite and address emerging issues.
• Collaborates with field underwriting, centers of excellence and business unit stakeholders to promote one company with key distribution professionals.
• Oversees underwriting performance based on financial analysis to drive data informed decision making. Includes rate, reserve adequacy, operational, planning and product reviews. Provides results to members of the executive management team and presents plans to resolve issues.
• Contributes to the establishment and coordination of underwriting audit criteria to follow in accordance with national practice industries, product organization, underwriting performance and departmental standards.
• Partners with Risk Management, Actuarial, Claims, Operations, Legal and Compliance to address governance and compliance issues related to underwriting practices.
• Ensures smooth transition of underwriting performance of new partners, ventures and acquisitions.
• Responsible for the overall technical development of Middle Market team’s underwriting expertise, efficiency, productivity and strengthening of overall Middle Market underwriting acumen.
• Oversees associate management including performance management, engagement, salary planning and administration, training and development, workflow and organization planning, day‑to‑day management, hiring and placement, and disciplinary actions for direct and possibly indirect reports.

May perform other responsibilities as assigned.

This job reports to SVP, Middle Market. Manages a Product/Portfolio Management Leader, Property & Casualty Line of Business Technical Leaders, and an Underwriting Capabilities Leader.

Education: Undergraduate studies preferably in business or a related field, graduate studies preferred.

License/Certification/Designation: CPCU, ARM or other industry designations preferred.

Experience: Typically, 15 years of Middle Market and/or other related commercial lines underwriting, including at least 10 years of management experience.

Knowledge, Abilities and

Skills:

Strong underwriting, insurance industry and operations and overall business acumen including commercial…