AVP, Product Management - Excess & Surplus and Specialty

Company: Nationwide Mutual Insurance Company
Location: Scottsdale
Posted on: March 14, 2023

Job Description:

AVP, Product Management - Excess & Surplus and Specialty page is loaded AVP, Product Management - Excess & Surplus and Specialty Apply locations Arizona - Scottsdale United States - Remote time type Full time posted on Posted Yesterday job requisition id 82891 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!Please Note: This role is open to working remotely in the United States.Nationwide pays based on a geographic-specific salary structure. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role as well as the cost of labor in the market; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. The role may also be eligible for either short-term or long-term incentive plans based on business and/or position-specific results. Newly hired full-time associates receive a minimum of 18 days paid time off each full calendar year, pro-rated quarterly based on hire date. Newly hired full-time associates at higher job levels may receive additional paid time off. You will also receive 8 hours of Lifetime paid time off and 8 hours of Unity Day paid time off. The range for this role is listed below.In Washington, the salary range for AVP, Product Management - E&S/Specialty is $144,000 to $261,000.Job Description SummaryInsurance policy forms matter, the coverage matters so ensuring accuracy through technology and process is essential! The Excess & Surplus/Specialty (E&S/S) team handles some of the most unique and interesting insurance products at Nationwide.

As the AVP of Product Management, you'll oversee associates, functions and activities that drive efficient administration of the company's filings, form development, and underwriting regulatory issues. We'll count on you to build a team capable of developing and implementing procedures necessary to provide these services to the business units across E&S/Specialty. Job Description Key Responsibilities: -

• Provides leadership and vision of product design and management across E&S/Specialty including Underwriting Units, Legal, Actuarial and Operations. Responsible for establishing product management strategy, structure and supporting processes, and ensuring appropriate KPIs and execution.
• Ensures appropriate procedures are developed, implemented, and maintained; underwriting systems have filings accurately deployed. Monitors for efficient outcomes and compliance.
• Ensures the organization is in compliance with state insurance regulations/law by analyzing all state insurance department bulletins and determining what action, if any, is needed to bring policies into compliance; implements any changes in filing procedures or form development resulting from bulletins, regulatory changes, etc. -
• Oversees the leadership of associates; ensures hiring, development and performance management of specialized talent required to execute on world class underwriting company strategy. -
• Provides product development and regulatory guidance to Underwriting leadership across E&S/Specialty.
• Collaborate with internal functional teams (P&C Compliance, Finance, etc.) for market conduct exams and statutory inquiries.May perform other responsibilities as assigned.Reporting Relationships: Reports to SVP.Typical Skills and Experiences: -Education: - Undergraduate degree in business management or related field. License/Certification/Designation: Technical insurance designation, such as CPCU, preferred.Experience: Typically, ten years of experience in the property/casualty industry with strong knowledge of underwriting processes and procedures. Five years supervisory/managerial experience involving product development, rate/rules/form filing development and knowledge management practices.Knowledge, Abilities and Skills: - Proven knowledge of excess and surplus and specialty lines of insurance as well as standard admitted lines. Thorough knowledge of insurance filing practices, understanding of admitted versus non-admitted regulatory issues, underwriting principles, practices, and coverage. Knowledge of accounting and actuarial procedures. -Leads with a strategic mindset, organizational and interpersonal savvy, strong written and verbal communication skills, along with an ability to negotiate and influence others, and drive vision and purpose. Exercises independent judgement and effectively makes sound business decisions. Creatively resolves unique and challenging business problems. Expertly collaborates with business units across the E&S/Specialty value chain as well as partners across Nationwide. Builds effective teams and develops talent. Ability to plan and establish priorities that strategically align with organization objectives. Ability to use/learn job-related computer software. -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.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.
  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.pdf Nationwide pays based on a geographic-specific salary structure. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role as well as the cost of labor in the market; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. The range for this role in California is listed below. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.$137,000.00 - $215,000.00Nationwide pays based on a geographic-specific salary structure. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role as well as the cost of labor in the market; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. The range for this role in Colorado is listed below. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.$137,000.00 - $202,000.00
  Nationwide pays based on a geographic-specific salary structure. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role as well as the cost of labor in the market; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. The range for this role in New York is listed below. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.$137,000.00 - $269,000.00 Similar Jobs (5) Sr. AVP, Excess Underwriting Performance - Excess & Surplus and Specialty locations 2 Locations time type Full time posted on Posted 30+ Days Ago Sr. AVP, Casualty Underwriting Performance - Excess & Surplus and Specialty locations 2 Locations time type Full time posted on Posted 30+ Days Ago About Us At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care - and we've been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can feel the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we're a great place to work , too, and let us know - can you see yourself at Nationwide ? 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.

Keywords: Nationwide Mutual Insurance Company, Scottsdale , AVP, Product Management - Excess & Surplus and Specialty, Executive , Scottsdale, Arizona