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Ohiox

Director, Credit & Political Risk - E&S/Specialty

Ohiox, Miami, Florida, us, 33222

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If you’re passionate about helping people protect what matters most to them, as well as innovating and simplifying processes 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.

Key Responsibilities

Underwrite, negotiate and document multi-year, domestic and cross-border credit and political risk opportunities

Perform economic, market and country risk analyses

Develop and expand key broker and client relationships

Work within a team to ensure operating excellence through adherence to C&PR underwriting guidelines as well as Nationwide’s standards

Professional Background

At least 10 years of credit and political risk underwriting experience gained working at a top-tier bank, credit and political risk insurance carrier or similar

Expertise in corporate, bank and sovereign credit risk analysis. Formal credit training is a plus.

Expertise in country risk analysis

Experience in negotiating bespoke nonpayment and PRI insurance wordings

A background in credit and political risk modeling is preferred

Preferred work location is New York metro. Also open to candidates in Washington DC metro, Miami, and Chicago.

Compensation Grade: H.SD170

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!

Key Responsibilities (Additional)

Analyzes portfolio and individual account performance to drive profitable growth; monitors risk selection, renewal retention and pricing decisions

Reviews and approves underwriting decisions of staff; ensures compliance with legal requirements and organizational objectives; provides guidance on underwriting strategy

Determines department priorities and workflow; aligns structure to drive business results

Plans and integrates territory sales plans to achieve financial objectives; directs associates and manages performance

Drives sales strategies, meets with clients to enhance relationships and drive results; handles escalated service issues

Provides input on strategic plans; educates agents and brokers; collaborates with Home Office on high-authority accounts

Communicates strategic direction and budgets to internal and external partners; supports awareness of corporate initiatives

Ensures operational excellence through timely issuance of non-binding indications and policy wordings; coordinates with back office for policy servicing

Partners with leaders to train associates in credit and political risk; coaches managers and underwriters to pursue opportunities

May perform other responsibilities as assigned.

Reporting Relationships:

VP, Credit and Political Risk - E&S/Specialty

Qualifications and Skills

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 years developing rating and pricing models and related systems

Knowledge, Abilities and Skills:

Financial statement analysis, credit underwriting, country analysis, IT development, scoring and rating models

Demonstrated expertise in the field; strong broker and client relationships

Excellent communication and interpersonal skills

Prior underwriting credit authority; formal credit training is a plus

Strong knowledge of IT solutions

Other criteria, including leadership skills and experiences, may take precedence. Staffing exceptions require approval by the hiring manager’s leader and HRBP.

Values:

Regularly and consistently demonstrates Nationwide Values.

Job Conditions and Benefits

Working Conditions:

Normal office environment; hybrid working

Overtime Eligibility:

Not Eligible

Benefits:

Medical/dental/vision, life insurance, short and long-term disability, paid time off, holidays, 401(k) with company match, pension plan, and more. For details, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciates, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities regardless of protected characteristics.

For NY residents please review state law information: Notice of Employee Rights, Protections, and Obligations LS740. The national salary range for Director, Credit and Political Risk - E&S/Specialty is provided in the posting.

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