Tech Director, P&C Underwriting (Commercial Property) at Nationwide Insurance in Columbus, OH

Job Description

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!

*** Please note: the information contained above the asterisks is specific to this particular opening, while the information below the asterisks is the general, corporate job description for this position. ***

This role will be the technical and strategic leader for the Standard Commercial Property Lines including CP, COP, BOP, Inland Marine, and Crime. This individual will strive to recognize and evaluate emerging trends, market opportunities, strategic insights, and market intelligence to optimize long term business mix and performance.

Qualified candidates must be technical experts in Commercial Property. Direct experience within Underwriting or Product Management/Development is a plus, but not required for this particular opening, if the individual has other related professional experience with the respective line of business (ie: Claims).

Compensation Grade: H3

***********************************************************************************************

Job Description Summary

JOB SUMMARY: Provides management of commercial or personal line product(s) for a line of business. Responsible for developing and recommending underwriting or product policies, procedures and standards. Ensures coordination between home office and field operations. Supports the development and directs the implementation of strategies that support multiple product related profitability objectives. Supports assigned line of business and operations functions. Manages related staff support function(s).Job Description

RELATIONSHIP: Reports to Staff Vice President or Officer.

DIRECT REPORTS: 0-3 direct reports.

JOB RESPONSIBILITIES:

• Leads the development of strategy and direction for the assigned product(s). Leads key initiatives to address the product strategy and profitability objectives. Reinforces understanding, communication and execution of product/ underwriting strategy.
• Provides technical assistance and support to state/regional underwriting and services leadership. Maintains relationships with new entities, access points and distribution channels that need the support and expertise of product/underwriting staff operations.
• Responsible for project management for assigned profitability initiatives. Ensures that each area within the function is following the formal project management process for those projects designated as high priority.
• Serves on various committees, project teams and industry boards as assigned.
• Responsible for various support functions such as product functional audits, training, vendor selection and management, employee career enhancement, competitive monitoring, systems, and liaison to other business units (systems, services, claims, pricing, distribution, loss control, marketing, etc.).
• Proactively identifies market trends, publishing insights, and understanding the market dynamics for the area of responsibility. Includes responsibility for defining KPIs, account segmentation, and identification of key account characteristics that drive performance.
• Sets and administers levels of authority for company on assigned line of business.
• Performs other related duties as assigned.

JOB REQUIREMENTS:

Education/Knowledge: Bachelor's degree or post-graduate studies preferred. Relevant professional designation such as CPCU highly desirable. Requires proven knowledge of property/casualty products, insurance company operations, field and staff functions, industry trends, and project management.

Experience: Typically ten years property casualty (personal and/or commercial) lines underwriting, including at least five years of management experience. Exposure to both field and staff office operations preferred.

Skills: Demonstrated decision-making and strategic abilities. Demonstrated ability to drive for results, deal with ambiguity, communicate with upper management, and conceptualize strategic objectives. Ability to lead staff, committees and project participants in all aspects of product/underwriting activities.

JOB CONDITIONS:

Overtime Eligibility: Not eligible (exempt).

Working Conditions: Normal office environment