Leader, Brokerage Construction - E&S/Specialty

If you’re 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 Nationwide’s Property and Casualty team could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

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Please Note: This role is open to working remotely in the United States for suitable candidates.

Job Description Summary

Are you a leader who can create, develop and manage a strategy and plan that meets customer service and business goals? If you are driven to achieve top financial goals by leading an insurance underwriting line of business and seeking opportunities to build and grow business, we want to hear from you!

Our Excess & Surplus/Specialty (E&S/S) lines allow us to provide insurance that other carriers may not offer. It’s a fast-paced environment in a collaborative, team-oriented culture, working in an always-changing, growing industry.

As the leader, you’ll lead a team of managers and/or underwriters and will be responsible for the growth and development of E&S Specialty Brokerage Construction line of business. You’ll work in conjunction with VP of Brokerage Construction in the development of strategy, execution of the business plan and attainment of goals and financial metrics as outlined in the business plan.

Job Description

Key Responsibilities: 

• In conjunction with leader, creates strategic and operational objectives with significant impact on both the top and bottom-line results. 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. Leads the exploration and delivery of innovative product solutions.

• 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.

• 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. 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.

• Develops reinsurance strategy: in conjunction with leader; develops and executes on reinsurance plan.

• 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.

Performs other duties as assigned.

Reporting Relationships:  Reports to VP. Direct reports include Sr. Director, Director and Underwriting professionals.

Typical Skills and Experiences: 

Education:  Undergraduate studies in a related discipline, or equivalent.  Bachelor’s degree preferred.

Certification/Licenses:  Chartered Property Casualty Underwriter (CPCU) designation preferred.

Experience: Ten years of experience in the E&S Brokerage Construction marketplace preferred.  Demonstrated ability to achieve successful financial benchmarks.  Strong relationships and recognized expertise in the Brokerage marketplace.  Strong preference for demonstrated managerial experience. 

Knowledge, Abilities and Skills:  Deep knowledge and expertise in the Construction 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 HR Business Partner.

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

Job Conditions: 

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment.  Travel will be required.

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. 

We currently anticipate accepting applications until 04/25/2025. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.

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.

This position could be filled within any of the lower 48 U.S. states.

Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.

For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.

The national salary range for Sr AVP, Brokerage Construction - E&S/Specialty : $164,000.00-$322,000.00

The expected starting salary range for Sr AVP, Brokerage Construction - E&S/Specialty : $172,000.00 - $287,000.00