Nationwide

Commercial Lines Sales Agent - Direct Distribution

United States

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

Candidates should have proficiency in sales techniques and experience selling commercial line insurance products. A strong ability to educate clients on insurance needs, perform risk assessments, and provide tailored solutions is required. Excellent verbal and interpersonal skills are necessary for effective communication and influencing prospective customers. Competence in using insurance processing systems, rating plans, and personal computer hardware/software in a WINDOWS environment is expected. A Property & Casualty license is strongly preferred.

Responsibilities

The Commercial Lines Sales Agent will sell and retain new commercial lines insurance through phone or internet contact with prospective customers in multiple states. Responsibilities include providing counseling on insurance needs and product availability, offering quotes, determining eligibility, and binding coverage after collecting underwriting data. Agents will perform front-end underwriting, risk assessment, financial analysis, and loss runs analysis to sell insurance. They will also research and prospect commercial insurance potential, solicit customers who did not purchase during initial inquiry, and write quality risk policies based on underwriting requirements.

Skills

Sales techniques
Commercial line insurance sales
Risk assessment
Insurance processing systems
Personal computer hardware/software
WINDOWS
Property & Casualty license

Nationwide

Provides insurance and financial services

About Nationwide

Nationwide provides insurance and financial services to individuals and businesses across the United States. Their product offerings include auto, home, life, and commercial insurance, as well as retirement and investment solutions. The company operates by underwriting insurance policies and managing investment portfolios, earning revenue through premiums, investment income, and fees for financial services. What sets Nationwide apart from its competitors is its focus on leveraging technology to improve claims processing and policy management, along with its commitment to customer service. Additionally, Nationwide partners with organizations to offer financial education resources, particularly for retirees, aiming to ensure financial security and protect the futures of its clients.

Columbus, OhioHeadquarters
1925Year Founded
$769.7MTotal Funding
N/ACompany Stage
Consulting, Financial ServicesIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Holidays
401(k) Retirement Plan
401(k) Company Match

Risks

Competition from insurtech startups like Nexar may challenge Nationwide's market share.
AI-driven platforms like Planck could disrupt traditional insurance models.
Partnerships with AI firms may require significant tech investment and integration efforts.

Differentiation

Nationwide invests in tech-driven platforms like YellowBird and Betterview to enhance services.
Partnership with CLARA Analytics shows Nationwide's focus on AI for operational efficiency.
Collaboration with Funding Circle highlights Nationwide's support for small business growth.

Upsides

Nationwide's $56M loan to Whitestone REIT diversifies its investment portfolio.
Investments in AI and tech platforms could streamline operations and reduce costs.
Supporting small businesses may expand Nationwide's customer base and strengthen relationships.

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