Nationwide Insurance

Director, Construction Services Business Development - Commercial Lines (Middle Market Construction Field Underwriting Director)

Nationwide Insurance$152K — $269K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years in commercial underwriting or similar field
  • Experience leading teams and managing people
  • Strong networking ability with brokers and agents
  • Knowledgeable in Construction insurance
  • Analytical skills for portfolio and risk analysis

Responsibilities

  • Monitor market conditions and analyze risk and environment for accounts
  • Develop and implement territory sales plans to drive growth
  • Direct pricing standards and underwriting practices
  • Manage departmental efficiency and performance metrics
  • Build and maintain strong relationships with key partners
  • Collaborate with leadership on training and development initiatives
  • Supervise direct reports, including performance management and training

Benefits

  • Medical, dental, and vision coverage
  • Life insurance and short/long-term disability
  • 18 days minimum of paid time off annually
  • 401(k) with company match
  • Business casual work environment
  • Company-paid pension plan
Full Job Description

This Director is responsible for a team of Territory Managers (field-based senior production underwriters) spread throughout the East Coast and the respective book of business within our Commercial Middle Market Construction Services organization.

This is a remote/WFH (work-from-home) role, requiring travel throughout the territory as well as conferences and leadership/team meetings - average travel is likely on a monthly basis, including overnight trips. Strong preference for the selected individual to be located in-market and specifically in one of the following states: CT, DC, DE, NJ, NY, NC, MA, MD, PA, VA.

As a critical role in driving growth, this leader must be action-oriented, able to work at a high pace for an extended period, and focused on continuing to drive the business forward.

Due to the nature of the role and the complex accounts they are responsible for leading, qualified candidates must have prior commercial underwriting experience (with authority), as well as a strong people leadership competency.

The most ideal candidates will alsohave Construction insurance expertise, formal people leadership experience, and existing broker/agency relationships in the market.

Job Description Summary

On our team, we look for that rare professional who is both analytical and a relationship-builder. Those who can combine those talents with their entrepreneurial drive and own and manage their territory can thrive and grow with us. If this sounds like the opportunity you've been looking for, we want to hear from you!

As a Director, you'll lead a team of Construction Services Territory Managers and Field Underwriters who own the sales and underwriting relationship for commercial lines products and services. We'll count on you to build and maintain business relationships with agencies and/or brokers to grow sales and expand distribution. You'll focus primarily on portfolio analysis, relationship management and account management for a territory.

Job Description

Key Responsibilities:

  • Monitors market conditions and confirms information gathered within market space. Researches risk, environment and other factors to win the account. Receives input and monitors risk selection, renewal retention and pricing decisions. Establishes research objectives and standards for the department. Ensures methodologies and outcomes meet business and strategic objectives.

  • Analyzes performance of portfolio as well as individual performance and develops appropriate action to drive profitable growth based upon the analysis. Partners with territory managers in the large account review process.

  • Directs pricing standards and practices. Provides recommendations to leaders about underwriting strategy and opportunity. Measures and manages underwriting processing and quality, using company underwriting guidelines and standards.

  • Determines priorities and workflow standards for the department. Monitors and manages performance measurements to ensure efficiency of the department's service delivery process. Effectively aligns organizational structure to drive business results.

  • Plans, develops and integrates territory sales plans to achieve top and bottom line objectives. Translates strategic business plans into organizational direction. Creates financial and operational goals, budget and timelines to meet company standards.

  • Drives sales strategies to develop new business, improve retention and maintain profitability. Meets with agents at member locations to help with renewals and to ensure agency and account needs are being met and service plans are in place and working.

  • Consults with all levels of internal and external partners regarding policies and practices. Provides recommendations regarding operational practices and procedures. Provides input into agency strategic and business plans and regional strategic business planning.

  • Communicates strategic direction and operational plans to internal associates and external partners. Communicates policies, procedures and financial budgets that result in attainment of business objectives. Ensures awareness of strategic corporate initiatives to maintain effectiveness in the field.

  • Develops and maintains strong business relationships with key groups and individuals within the commercial line market. Develops effective internal and external collaborative partnerships across all customers and related functions, including Loss Control, Claims, Marketing, Nationwide Technology, etc. to understand business development and build a support network to help resolve business needs.

  • Develops customer service standards for middle market construction team. Drives customer service performance to established standards.

  • Collaborates with fellow leaders to guide training within the middle market organization to ensure a high degree of proficiency and professionalism. Coaches territory managers/account executives on actively pursuing commercial line business with agencies and/or brokers to develop and grow a profitable territory.

  • Sets operational expectations, goals and strategies. Provides oversight, ensuring necessary internal support is provided to resolve issues and appropriate service levels. Ensures that unique agency business capabilities are assessed and emphasized as competitive advantages across all producers within the business unit.

  • Supervises associate management including performance, 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.

Reporting Relationships: Reports to Associate Vice President. Direct reports may include Territory Managers and Underwriters within the area defined by the job title.

Typical Skills and Experiences:

Education: Bachelors degree or equivalent experience is preferred.

License/Certification/Designation: Relevant professional designation such as CPCU or CIC is preferred.

Experience: Ten years of commercial line underwriting, sales, marketing and agency management experience, middle market experience, specifically in the area as defined by the job title, preferred. Significant business management and people leadership experience preferred.

Knowledge, Abilities and Skills: Requires sophisticated knowledge of property/casualty insurance operations and products, procedures and practices; commercial lines of insurance including rating, loss control and related functions; and commercial lines customer environment and markets. Requires extensive knowledge of commercial property/casualty cases, best underwriting practices, field underwriting operations and day-to-day underwriting operational needs. Familiarity with all enterprise products preferred. Excellent verbal and written communication skills to disseminate vision of senior leadership and to motivate a large agency force. Ability to set work priorities and to initiate, evaluate and recommend solutions to upper management. Must have the ability to perform duties with independent judgment with underwriting authority and company underwriting standards. Demonstrated decision-making ability required in day-to-day operations where there may be unclear or multiple priorities, including evaluating and recommending solutions to customer service issues, work processing issues, underwriting selection and rating problems and compliance. Strong drive for results. Competencies include building organizational talent, optimizing diversity, selling the vision, leading change and driving execution and entrepreneurship.

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 Human Resources Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Conditions:


Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Heavy travel with extended stays may be required. Most incumbents work from a remote location. A valid drivers license and safe driving record are required.

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 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. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Director, Construction Services Business Development - Commercial Lines : $152,000.00-$269,000.00

The expected starting salary range for Director, Construction Services Business Development - Commercial Lines : $152,000.00 - $228,000.00

About Nationwide Insurance

Nationwide Mutual Insurance Company & Affiliated Companies is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. Nationwide has grown from a small mutual auto insurer owned by policyholders to one of the largest insurance and financial services companies in the world, with more than $158 billion in statutory assets.

Nationwide Insurance Careers

Join the Nationwide Insurance team today and be part of a company that values innovation, leadership, and diversity. As one of the leading insurance and financial services providers, Nationwide offers unparalleled job opportunities that foster professional growth and development. Work You’ll Do At Nationwide Insurance, you’ll contribute to projects that impact lives and help communities thrive. You’ll work alongside a team of experts dedicated to upholding the highest standards in insurance and financial services. Our culture is built on a foundation of respect and integrity, driving us to achieve excellence in everything we do. Nationwide Insurance is not just about insurance; it’s about fostering an environment of continuous growth and innovation. With a variety of career paths available, from customer service to claims management, each position offers the chance to make a significant impact. Join Our Market-Leading Team Nationwide Insurance is home to some of the most dedicated professionals in the industry. Our team benefits from leadership that is committed to personal and professional development, ensuring that every employee has the opportunity for career advancement and skill enhancement. Innovate with Us Embrace the opportunity to work on groundbreaking projects that set industry standards. Nationwide’s commitment to innovation means constantly seeking out new ways to improve our services and processes, benefiting both our customers and our team members. Internship and Employment Opportunities Start your career with Nationwide Insurance through our internship programs or dive straight into a fulfilling career with vast employment opportunities. We are looking for passionate, curious, and driven individuals ready to make a difference in the insurance industry. Diversity and Inclusion At Nationwide, diversity and inclusion are more than just words—they are principles guiding how we build our teams, cultivate leaders, and create a company that’s the right fit for every person inside of it. We offer diversity training and resources that promote an inclusive workplace. Benefits and Culture Nationwide Insurance is committed to supporting our team members’ well-being both inside and outside of work. Our benefits package includes comprehensive health care, retirement plans, and generous paid time off. More than just benefits, our company culture encourages networking, mentorship, and community involvement. Career Development Invest in your future with Nationwide Insurance’s career development programs. From resume and interview workshops to advanced leadership training, we provide the tools to help you succeed and advance within the company. Stay Connected Join Our Team Explore the various positions available at Nationwide Insurance that match your skills and interests. We are continuously hiring and looking for new talent to join our professional network. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights—all from the people who work at Nationwide Insurance. Job Alert Emails Customize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Nationwide Insurance. Join Nationwide Insurance today and be part of a team that is dedicated to making a difference in the lives of our customers and communities.
Learn more about Nationwide Insurance
Size
28,000 employees
Industry
Founded
1925

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