AVP, Industry Segments, Middle Market - Construction
Ohio - Columbus, One Nationwide Plaza
This role will be responsible for profitable growth, adhering to underwriting policies and procedures and developing technical construction acumen in our middle market construction vertical.
Please Note: This position is open to working remotely in the United States for suitable candidates.
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Job Description Summary
Are you a proven leader with strategic, creative and technical commercial product and underwriting skills? Do you have deep insights into the insurance industry and competition with the ability to translate those insights into strategic and technical underwriting practices and partner with Underwriting Leaders to implement the practices across Commercial Lines Middle Market insurance? If you have these abilities and a drive to achieve financial goals, set strategic vision and make a difference, then we want to hear from you!This role is responsible for the underwriting, growth, and profitability of an industry segment(s) through the development and management of profit strategies consistent with Middle Market objectives. Within assigned industry segment(s), directs the national field underwriting organization through effective risk selection, agent/broker relationships, portfolio management, mix of business, CAT exposure management, quality underwriting decisions, territory performance and strategic leadership.
You will be responsible for execution of underwriting standards and the management of the underwriting processes for the industry segment(s). Responsible for implementation of underwriting execution where specialization is critical, and to create distribution, profit, and growth strategies for the industry in conjunction with field leadership teams.
Job Description
Key Responsibilities:
Full responsibility for industry segment(s) P&L results.
Responsible for the development and implementation of strategic long and short-range plans to drive profitable business opportunities within CL Middle Market industry segment(s).
Collaborates with line of business leaders to establish and maintain underwriting guidelines, authority, appetite, and minimum underwriting standards for industries assigned.
Collaborates with field underwriting teams to develop strategies for attracting new clients and retaining existing ones.
Monitors loss trends, regulatory changes, and emerging hazards for assigned industry segment(s) and implements continuous improvement strategies for portfolio improvement.
Responsible for educating the field underwriting teams through …
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Open to working remotely in the United States Travel required United States
Benefits/PerksCollaborative environment Company-paid Pension plan Continuous learning Dental Holidays Life Insurance Medical Normal office environment Overtime eligibility Paid holidays Paid Time Off Pension plan Professional development Remote work Short and long term disability coverage Vision
Tasks- Collaborate with underwriting teams
- Collaboration
- Continuous Learning
- Decision making
- Develop profit strategies
- Develop strategies
- Educate field teams
- Execute quality reviews
- Manage underwriting processes
- Monitor loss trends
- Pricing
- Training
- Underwriting
Actuarial Agility Analytical Best Practices Business Business Acumen Coaching Collaboration Commercial Lines Construction Continuous Improvement Continuous Learning Customer Relationship Management Decision making Education Education and Training Emerging hazards monitoring Finance Financial analysis Implementation Influence Influencing Innovation Insurance Insurance Industry Leadership Life Insurance Loss trend analysis Market Insights Mentoring Negotiation Organization Organizational Planning Portfolio Management Pricing Pricing models Problem-solving Product Development Quality reviews Reinsurance Reinsurance Placement Reporting Risk selection Sales Strategic planning Strategy Technical advice Technical Underwriting Training Underwriting Underwriting policies
Experience5 years
EducationBusiness Finance Insurance Related Field Undergraduate Undergraduate Studies
Certifications TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9