Underwriting Consultant - Remote.
Northwestern Mutual- Full Time
- Junior (1 to 2 years)
Candidates should possess five or more years of brokerage casualty (GL) underwriting experience in the Excess & Surplus (non-admitted) line of business, demonstrating a strong understanding of complex risk analysis and insurance solutions. They should be able to analyze complex risk, develop insurance solutions, and make sound decisions with analytical and creative abilities. Additionally, the ideal candidate will have a high level of technical expertise and accuracy in underwriting, along with experience in developing rates, pricing, coverage, and terms and conditions.
As an Underwriting Consultant, the individual will research and develop new classes of business, assess market viability, create forms & endorsements, and develop rates with actuarial support. They will analyze individual risks or programs, either declining or accepting business based on information, and develop an adequate premium charge. The role involves partnering with actuarial, finance, and claims teams to evaluate risks, develop reinsurance, and achieve production and loss ratio goals. Furthermore, the consultant will lead and influence agencies, drive new sales, increase shelf space, and implement sales strategies, while also performing audits for compliance and developing action plans to improve quality of broker submissions.
Provides insurance and financial services
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.