Manager, Claims - E&S/Specialty Casualty (Large Loss Vertical)
Nationwide
Territory: The location of this position is flexible and open to virtual and/or remote based applicants.
What you can Expect: This individual will lead a team of approximately 6 ES&S claims professionals. Responsible for managing and coordinating team members across various locations, ensuring effective communication, collaboration, and productivity in a virtual environment.
The ideal candidate will have:
10 years of commercial casualty claims handling experience; specifically, large loss.
5- 8 years of people leader experience, or managing direct reports.
General Liability and/or Large Loss Casual experience is preferred.
Ability to drive results through data analysis.
Demonstrated experience leveraging the lean management model.
Exceptional and proven customer service expertise.
The ability to juggle multiple competing priorities simultaneously.
Strong written & verbal communication skills.
The Nationwide Values at the forefront of their work - Ability to lead, innovate and adapt.
(Internal Use Only) Compensation Band: G4
Job Description Summary
The Excess Surplus (E&S) Claims team handles some of the most unique and interesting insurance claims at Nationwide. Many have complicated risks and loss history, requiring us to be adaptable and resilient in our work to help customers. If you love a challenge and can apply outstanding organizational, investigative and communication skills to your work, we want to hear from you!As a Claims Manager, you'll lead a team of claim professionals with the accountability to investigate, evaluate and resolve claims or lawsuits and specialty line/program or risk of significant value to the organization. In this role, you'll typically be responsible for managing aggregate reserves up to $50 million and exposures of $500,000 to $2 million. Developing unit plans and objectives and crafting departmental goals to help achieve strategic plan objectives will be important to success. You'll have opportunities to develop associates by coaching, training and mentoring individual team members.
Job Description
Key Responsibilities:
Manages associates, including performance, salary planning and administration, training and development, workflow planning, hiring and placement and disciplinary actions.
Builds a working environment which fosters the achievement of the highest level of technical proficiency and professionalism with staff.
Manages and measures individual performance and team operational results, including customer service, indemnity and expense outcomes and alignment with division goals and objectives.
Leads large accounts, including maintaining, developing and influencing relationships with major customers and/or program managers.
Handles resolution of all claims within area of responsibility and authority. Manages reserve process to ensure reserve adequacy. Approves claim reserves and payments within authority and as necessary.
Provides leadership in understanding and interpreting industry data and trends for a broad range of audiences.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Director or Associate Vice President. Up to 10 direct reports.
Typical Skills and Experiences:
Education: Undergraduate degree preferred. Completion of general insurance courses, such as IIA, AEI and/or CPCU preferred. Leadership/management classes and/or insurance technical classes preferred.
Experience: Eight years insurance claims experience, prior management experience preferred. This position may require experience handling higher severity and complex claims and litigation.
Knowledge, Abilities and Skills: Multi-line, multi-jurisdictional, and E&S experience preferred. Knowledge of the General Agency system, state insurance department regulation, unfair claim handling regulations, and a good understanding of tort law. This position may require specific or sophisticated skill/knowledge in insurance lines or exposures such as medical liability, lawyers errors and omissions, directors and officers, arson, property-catastrophe, architects and engineers, construction, intellectual property/advertising injury or other specialty lines/risks and/or large accounts. Ability to effectively connect with individuals and groups. Effective listening, verbal and written communication skills for customer contact, negotiation, presentations and technical and non-technical contacts.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the Vice President and HR Vice President.
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.
Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.
We currently anticipate accepting applications until 10/24/2024. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.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.
This position could be filled within any of the lower 48 U.S. states.#claimsSmoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.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.pdfNationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.The national salary range for Manager, Claims - E&S/Specialty : $93,000.00-$192,000.00The expected starting salary range for Manager, Claims - E&S/Specialty : $103,000.00 - $155,000.00