Nationwide Insurance

SVP, Operations - Excess & Surplus/Specialty and Commercial


PayCompetitive
LocationDes Moines/Iowa
Employment typeFull-Time

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  • Job Description

      Req#: 87210
      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! 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.

      Job Description Summary

      Do you enjoy working with other executives to drive the strategy of a Fortune 100 company? Are you an expert in Standard Commercial and Excess & Surplus Claims & Business Operations transformation? If you thrive in an environment where you can interface with leaders across Nationwide Property Casualty and the Enterprise to achieve financial goals, strategic vision and build industry expertise, then we want to hear from you!

      You will be the senior executive responsible for the Claims, Operations, Business Delivery & Data Services, Project Portfolio Management, and Indemnity Services for P&C Standard Commercial and E&S/S divisions accountable for profitable management of an $8.6B book of diversified business. You’ll be reporting to the President of Nationwide P&C Standard Commercial and Excess Surplus & Specialty, and working with both Business Unit, Operations and Corporate Support functional areas (Technology, Actuarial, Finance, Reserving, Legal, Compliance, etc). Your primary goal is developing business execution and transformation strategy, establish the overall direction plans and objectives of the operations, and provide supervision, management, and control for all operational activities within the Standard Commercial and E&S/Specialty businesses.

      Job Description

      Key Responsibilities:

      • Strategic thought leader of the overall Standard Commercial & E&S/Specialty claims and operations functions, including accountability for identifying and developing plans to achieve long-term goals of the company.

      • Oversees the organization’s Standard Commercial and E&S/Specialty Claims and Indemnity functions. Serves and the Chief Claims Officer with highest level approval authority and accountable for delivering industry leading risk management and claims expertise.

      • Oversees the organization’s Standard Commercial and E&S/Specialty Operations and Business Delivery for technology and non-technology projects and accountable for the foundational data and platform transformation strategies.

      • Drive increased effectiveness of servicing and process operations, including developing new procedures and systems, and enhancing existing processes to achieve optimal efficiency while minimizing operational risk. Serve as the champion of the” Voice of the Customer” and influence the design of products and services that delight our members value.

      • Responsible for the key areas of: strategic contingency planning; organizing the way the claims and operations organizations allocate resources, assign tasks, and go about accomplishing goals; establishing claims and operations policies, programs and annual business goals; continually monitoring performance and correcting situations in which the goals and objectives are not being met.

      • Oversees executive and associate management functions. Including performance management, salary planning and administration, assessing and development of talent to ensure associates are appropriately skilled for future business state model, hiring and placement, and ensuring a strong performance driven culture.

      May Perform other responsibilities as assigned.

      Reporting Relationships: Reports to President, E&S Specialty and Commercial Lines

      Typical Skills and Experiences:

      Education: Undergraduate degree required in Business, Finance, Insurance, Economics, Statistics, or related field; graduate degree preferred.

      License/Certification/Designation: CPCU and E&S/S industry specific designations are strongly preferred.

      Experience: 20+ Years of business operations, claims, regulatory, analytics, and budget management is preferred.

      Knowledge, Abilities and Skills: Expert knowledge of specialty lines insurance underwriting, risk and regulatory environment. Technical underwriting, product and insurance carrier value chain expertise. Advanced analytics, modeling and data fluency. Strategic agility and vision management. Executive presence, communication and command. Strong written and verbal communication, negotiation, influencing and interpersonal skills. Exercise independent judgment and effectively make sound business decisions. Creatively resolve unique and challenging business problems.

      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: Exempt (Not Eligible)

      Working Conditions: Normal office environment; light travel also required.

      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.

      We currently anticipate accepting applications until 05/09/2024. 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.

      #claims

      Smoke-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.pdf

      Nationwide 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 SVP, Operations - E&S/Specialty and Commercial : $291,000.00-$485,000.00

      The expected starting salary range for SVP, Operations - E&S/Specialty and Commercial : $291,000.00-$485,000.00

  • About the company

      Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s.