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.
Compensation Grade: G.SD130
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Job Description Summary
Are you a critical thinker who can analyze complex risk and find insurance solutions that balance customer needs with business goals? If you can take initiative, use both your analytical and creative abilities to make sound decisions and have a desire to help people solve real challenges, we want to know more about you!Job Description
Key Responsibilities:
Accountable for revenue targets with assigned brokers.
Analyze obligor financial statements and to underwrite credit and country risk with profitable results. This includes underwriting obligor balance sheets, income statements and cash flows, obligor credit ratings, management reputation and company business and trading histories. Ensure a high renewal rate on existing policies through excellent customer service.
Responsible for completing scoring models to evaluate the creditworthiness of obligors, and pricing model.
Implement the distribution/customer strategy and strategic plan for responsible territory/insureds with the US Lead of Short-Term Multi-Buyer Trade Credit. Conduct regular visits with general agents/brokerage to understand business needs and to identify new business opportunities.
Provide coaching to junior underwriting staff by providing technical expertise on credit evaluation, systems capabilities, pricing, obligor risk ratings, QS and XoL policy wordings and insurance applications.
Ensure compliance with underwriting guidelines and all insurance regulatory requirements.
Ensure operational excellence through the timely issuance of non-binding indications and policy wordings as well as good coordination with the back office for policy servicing, including billing and accurate data input.
May perform other responsibilities as assigned.
Reporting Relationships: Sr Director, Credit and Political Risk - E&S and Specialty
Typical Skills and Experiences:
Education: Bachelor degree required; MBA or Master degree in finance, international affairs or business administration a plus
Experience:
At least 10 years of experience in trade credit underwriting
5-10 experience in rating and pricing transactions as well as determining system solutions that deliver excellent customer service
Knowledge, Abilities and Skills:
Financial statement analysis, Credit underwriting, Country analysis, IT development, scoring and rating models ;
Demonstrated expert in the field
Excellent relationships with the US broker community and corporate and bank clients
Good communication and interpersonal skills
Prior underwriting credit authority
Formal credit training a plus
Excellent knowledge of IT solutions
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: Not Eligible
Working Conditions: Normal office environment; hybrid working
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.
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.Go Premium: Access the World's Largest Selection of Remote Jobs!