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Sr Director, Large Farm Underwriting - Agribusiness
Location:
Remote
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! 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.This Sr Director, Large Farm Underwriting - Agribusiness can be filled remotely or in a hybrid work environment. Qualified candidates will have the following experience.*Middle market underwriting experience in ag, commercial lines and/or large farm*Ability to create and foster a culture of engagement*Ability to present in front of senior leadership*Strong written and verbal communication skills*Leadership experienceCompensation Band: 8 Job Description Summary Success on our team requires a blend of customer service skill and analytical prowess. There's no shying away from challenges here. Each account we work on is complex and interesting. Satisfaction comes from finding solutions that provide the best coverage and give our partner agents a way to differentiate themselves from the competition. If you are adaptable, responsive, love customers and really want to make a difference, we want to hear from you!As the Large Farm Underwriting Leader, you are responsible for the revenue and loss performance of the national Large Farm underwriting team within Agribusiness. You'll be responsible for the direct oversight for the largest and most complex accounts within the Farm & Ranch division. You'll be responsible for building and driving strategic vision and priorities. You'll also need to utilize strong leadership and organizational management skills. Job Description Key Responsibilities: Develops strategic and business plans; identifies operational opportunities and efficiencies. Translates strategic plans into organizational direction. Creates business plans, goals, budget and timelines to meet or exceed company objectives. Directs associates and provides performance management, salary planning and administration, organizational planning, hiring and placement, and disciplinary actions. Manages composition of overall portfolio to achieve favorable results. Approves accounts which exceed underwriter and manager authority due to level of complexity, premium, class of business or coverage provided for specific lines of business. Participates in discussions with reinsurers, per department guidelines, verifying the appropriate use of reinsurance used by specific lines of business, including various treaty and facultative reinsurance. Monitors and manages catastrophe aggregates as they relate to the specified line of business and territory or region. Recommends and implements necessary changes to guidelines and procedures to maintain and comply with company thresholds. Analyzes complex scenarios and develops innovative creative solutions. Exceptional negotiation and communication skills and techniques. Implements both standard and alternative rating plans and plan concepts. Communicates strategic direction and operational plans to internal associates and external partners. Influences and manages broker relationships and results through team. Recommends corrective action if necessary. Conducts regular visits with brokers to understand business needs, reinforce objectives and to drive business results and identify new business opportunities. Responsible for team achieving positive customer experience results. Consults with all levels of internal and external partners regarding policy and practice. Develops effective internal and external collaborative partnerships across all customers and related functions, including: Risk Management, Sales, Claims, Marketing, IT, etc. to understand business developments and build a support network to help resolve business needs. Determines and ensures delivery of training and development based on individual and department needs. Coaches, develops and provides feedback to managers and associates. Directs education of internal and external partners and key organizational groups regarding underwriting practice, goals and strategies. May perform other responsibilities as assigned. Reporting Relationships: Reports to AVP. Typical Skills and Experiences: Education: Bachelor's degree or equivalent work experience. MBA in business or a related field is preferred. License/Certification/Designation: Completion of INS and/or AU or similar designations. Completion of CIC or CPCU is preferred. Experience: Typically ten years of commercial lines underwriting experience, large market experience preferred. Significant business management and people leadership experience desired. Knowledge, Abilities and Skills: Requires knowledge of property/casualty insurance operations and products, procedures and practices; commercial lines of insurance including credit-collections, rating, loss control and related functions; and commercial lines customer environment and markets. Requires extensive knowledge of commercial property/casualty case underwriting best practices, field underwriting operations and day-to-day underwriting operational needs. Advanced insurance, reinsurance and alternative risk underwriting and management experience, inclusive of experience group, agency and single parent captive insurance companies. Account management and opportunity development practices; proposal development and evaluation practices; and relationship building strategies. Requires proven knowledge of property/casualty products, insurance company operations, captive insurance company operations, treaty reinsurance, staff and field functions, industry trends and project management. Ability to communicate effectively, both verbally and in writing for interactions with associates, senior management/leadership, agents, customers and other Nationwide leadership. Strong mathematical background with knowledge of actuarial concepts and loss-rating models. Ability to price complex insurance programs, for single insureds and also for multiple insured group captive programs. Microsoft excel, word, power point, etc. Strong analytical, technical and verbal/written communication abilities. Ability to manage complex technical insurance, reinsurance and captive insurance company issues. Ability to evaluate business opportunities, broker networks, special markets, and account development potential; analyze account management practices, communications methods, and sales strategies to determine what changes are needed; exercise initiative in translating leads to business opportunities and accounts; independently organize and manage work tasks to achieve effective use of time; make persuasive presentations and communicate effectively with strategic partners, special market representatives, brokers, TPAs, clients, group accounts, staff, executive management.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. Job Conditions: Overtime Eligibility: Not Eligible (Exempt) Working Conditions: Normal office environment. Required travel approximately 25%. 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 05/31/2024. 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-XXXX.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.pdfNationwide 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 Director, Large Farm Underwriting - Agribusiness : $136,000.00-$268,000.00The expected starting salary range for Sr Director, Large Farm Underwriting - Agribusiness : $143,000.00 - $239,000.00 Requisition #: 87331erp5z7ybl
Company:
Nationwide
Posted:
May 1 on JobsWeb
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More About this Listing: Sr Director, Large Farm Underwriting - Agribusiness
Sr Director, Large Farm Underwriting - Agribusiness is a Executive Director Job at Nationwide located in United States. Find other listings like Sr Director, Large Farm Underwriting - Agribusiness by searching Oodle for Executive Director Jobs.
Sr Director, Large Farm Underwriting - Agribusiness is a Executive Director Job at Nationwide located in United States. Find other listings like Sr Director, Large Farm Underwriting - Agribusiness by searching Oodle for Executive Director Jobs.