Job Description

If youre passionate about helping people protect what matters most to them, as well as innovating and simplifying processes and operations to provide the best customer value, then Nationwides Property and Casualty team could be the place for you!

This Director, Brokerage Mgmt Liability E&S Spec (Director Northeast Public Company D&O) will work from the New York City Office (can flex half time between office and working from home). Depending on the skills and experience of the selected candidate, position can be filled at the Sr Consultant, Brokerage Mgmt Liability E&S Spec.

Compensation Grade: H.SD160

Job Description Summary

Directs a team(s) of underwriters and other support staff. Responsible for setting, monitoring, achieving, and measuring the established goals for the region or channel. Develops and implements region's or channel's strategic plans and objectives. Analyzes, develops, and monitors expense budget. Monitors and approves the preparation of rates and forms filings and authorizes the use of such rates and forms. Influences relationships with general agents, brokers, and other customers. Approves accounts, which exceed underwriting staffs authority either due to level of complexity, premium, and class of business or coverage provided. Accountable for underwriting guidelines, rates, forms and procedures across regions or within territory.

Job Description

LOCATION: Scottsdale-Freedom Specialty

REPORTING RELATIONSHIPS: Reports to AVP/VP; responsible for a team of professional level underwriters.

CORE RESPONSIBILITIES:

1. Develops and implements strategic underwriting plans. Provides business forecasting related to trends, and profitability within region/channel.

2. Directs the development, implementation and monitoring of underwriting guidelines, rates, forms, product endorsements and procedures. Monitors and approves the preparation of rates, forms, and endorsement filings and authorizes the use of such rates, forms, and endorsements.

3. Directs the general agency, brokerage relationships/results, and recommends corrective action if necessary. Conducts regular visits with general agents/brokerage to understand business needs and to identify new business opportunities.

4. Approves accounts which exceed underwriting staffs authority due to level of complexity, premium, and class of business or coverage provided.

5. Maintains composition of designated book of business to achieve favorable results. Monitors performance and provides report card on regional/channel results. Takes action based on results as needed.

6. Administers and participates in discussions with re-insurers per department guidelines verifying the appropriate use of all reinsurance facilities used by the department, including various treaties, semiautomatic and facultative reinsurance. Maintains good working relationship with re-insurers.

7. Interacts with all departments of the company to achieve company goals and objectives.

8. Communicates regional and/or brokerage initiatives and goals. Builds alignment within territory teams within the region and across the regions.

9. Directs associate management including: performance management, salary planning and administration, training and development, workflow and organizational planning, hiring and placement, and disciplinary actions.

10. Performs other related duties as assigned.

TYPICAL SKILLS AND EXPERIENCES:

Education: Undergraduate studies with focus in Finance, Accounting Economics, and/or Risk Management. Masters level degree preferred. JD a plus.

License/Certification: N/A

Experience: Typically 8 or more years related experience as a D&O and/or E&O Underwriter. Leadership experience in the D&O lines of business is preferred. Proven ability to supervise, train, motivate employees and set work priorities in all aspects of multi-line underwriting support and rating. Some experience in the technical aspects of data management, imaging and procedures and processes helpful.

Knowledge: In-depth knowledge of lines underwriting policies, practices and procedures, insurance law and underwriting marketing principles and techniques. In-depth knowledge of financial statements, financial analysis, investments, market conditions essential. Legal knowledge related to insurance, contract and business law preferred. Knowledge of employment principles and practices.

Skills/ Competencies: Excellent verbal and written communication skills to communicate with individuals and groups via telephone, fax, e-mail and in person. Demonstrates advanced negotiation skills. Ability to direct a highly technical staff. Ability to work with the wholesale/general agency/brokerage distribution system. Ability to analyze highly complex insurance risks to determine acceptability including policy language, various commercial and alternative rating plans and methodologies, reinsurance. Ability to use/learn job related software. Ability to devise business solutions to complex problems, implement the most appropriate and monitor effectiveness. Ability to make decisions on highly complex issues and work with minimal direction. Ability to coach, train and mentor managers and underwriting personnel. Ability to analyze and interpret mathematical, statistical and logical data and evaluate its reliability and significance.Other criteria, including leadership skills, competencies and experiences may take precedence.Staffing exceptions to the above must be approved by the hiring managers leader and HR Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values and Guiding Behaviors.

JOB CONDITIONS:

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment. Ability to travel locally and overnight for client meetings as needed.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some associates assigned to the job to perform a somewhat different combination of duties.

Credit Check:

Safety Sensitive (SS):

Evaluation Activity: