VP, Brokerage Property - E&S Specialty

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

Job Description Summary

Job Description

Key Responsibilities:

• Creates strategic and operational objectives with significant impact on both the top and bottom line results for E&S Specialty Brokerage Property line of business.

• Develops, maintains, and effectively executes underwriting guidelines and product management and best practices to ensure the integrity, consistency, and effectiveness of the portfolio across all channels. Identify new opportunities and work closely with the product organization to collaborate on form, rate development, and underwriting protocols.

• Ensures the achievement of continued profitability, growth and/or operational efficiency for the assigned line of business or territory through development of risk appetite, assessment of risk exposures and controls, market dynamics, emerging risk issues, and product innovation. Evaluates underwriting and product performance based on financial analysis. Includes rate, reserve adequacy, claims, operational, planning and product reviews. Provides results and recommendations to key stakeholders and action plans to adjust results.

• Develop strategy and Execute P&L. Create, direct, and modify as needed underwriting strategies for E&S Specialty Brokerage Property line of business.

• Design and execute effective reinsurance strategy for E&S Specialty Brokerage Property line of business.

• Responsible for foreseeing industry changes and adjusting strategy to maximize profitability and growth.

• Leads, directs and has full management accountability for staff in area of responsibility with an emphasis on talent development and succession planning in accordance with strategic direction. Directs associate management including: performance management, salary planning and administration, training and development, workflow and organizational planning, hiring and placement, and disciplinary actions. Creates an engaging environment and manages individual and cultural diversity within the Underwriting Division. Recruits and promotes workforce diversity and assesses organizational readiness.

• Collaborates with key business partners in Lines of Business, Segments, Underwriting Services, Loss Control, Pricing, Claims, Distribution, and Compliance to address governance, processing, and compliance issues.

• Provides overall direction for underwriting authority delegation and audit criteria. Responsible for setting appropriate letters of authority and auditing to ensure compliance with letters of authority.

May perform other responsibilities as assigned.

Reporting Relationships:SVP, Contract & Brokerage Underwriting - E&S/Specialty

Typical Skills and Experiences:

Education: Undergraduate degree in business administration or related field; master's degree preferred.

License/Certification/Designation:Completion of general insurance courses such as CPCU, CIC, AU, ARM, CPIW or ASLI is preferred.

Experience: Ten years of experience in the E&S Brokerage Shared and Layered marketplace. Demonstrated ability to achieve successful financial benchmarks. Strong relationships and recognized expertise in the Brokerage marketplace. Extensive management/leadership experience.

Knowledge, Abilities and Skills: Deep knowledge and expertise in Shared and Layered line of business. Advanced communication, relationship management, and team building skills. Ability to drive results by identifying and resolving significant problems within scope of responsibility.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resource Business Partner.

Values:Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Exempt (Not Eligible)

Working Conditions:Normal office environment.

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 people assigned to the job to perform a somewhat different combination of duties.

Benefits

We have an array of benefits to fit your needs, including: 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. To learn more about the benefits we offer,click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.