Senior Vice President, Commercial Lines – Small Market
Welcome to Nationwide Mutual Insurance, where we strive to protect what matters most to our customers. We are seeking a dynamic and experienced leader to join our team as the Senior Vice President of Commercial Lines for the Small Market division. As the head of this department, you will have the opportunity to drive strategic growth and profitability for our small business clients. If you are a results-oriented, innovative thinker with a strong background in commercial insurance and leadership, we encourage you to apply. Join us in our mission to provide exceptional insurance solutions for small businesses across the country.
- Develop and implement strategic plans to drive growth and profitability for the Small Market division of Nationwide Mutual Insurance.
- Lead and supervise a team of commercial insurance professionals to ensure high-quality service and support for small business clients.
- Monitor and analyze market trends and competition to identify new opportunities for business growth.
- Collaborate with cross-functional teams to develop innovative insurance products and services tailored to the needs of small business clients.
- Build and maintain relationships with key stakeholders, including brokers, agents, and clients, to drive business development and retention.
- Ensure compliance with all regulatory requirements and internal policies and procedures.
- Oversee the development and management of the department's budget, ensuring financial goals are met.
- Provide guidance and support to team members, including coaching, training, and performance evaluations.
- Collaborate with other senior leaders to align strategies and initiatives across different departments.
- Act as a brand ambassador for Nationwide Mutual Insurance, promoting the company's values and commitment to protecting what matters most to its customers.
- Stay updated on industry trends, best practices, and emerging technologies to continuously improve processes and drive innovation within the department.
- Foster a positive and inclusive work culture that values diversity, teamwork, and professional development.
Extensive Industry Knowledge And Experience: A Senior Vice President In This Role Should Possess At Least 10 Years Of Experience In The Insurance Industry, With A Strong Understanding Of Commercial Lines And The Small Market Segment.
Strategic Leadership Skills: The Ideal Candidate Should Have A Proven Track Record Of Leading And Managing High-Performing Teams, Developing And Executing Strategic Plans, And Driving Business Growth.
Strong Financial Acumen: As The Head Of The Commercial Lines Small Market Division, The Senior Vice President Should Have A Deep Understanding Of Financial Management, Including Budgeting, Forecasting, And Profitability Analysis.
Excellent Communication And Relationship Building Skills: This Role Requires A High Level Of Collaboration And Communication With Internal And External Stakeholders, Including Agents, Brokers, And Other Business Partners. The Candidate Should Possess Strong Interpersonal Skills And The Ability To Build And Maintain Relationships.
Innovative And Results-Driven Mindset: The Senior Vice President Should Be A Dynamic And Forward-Thinking Leader Who Can Identify And Capitalize On Market Trends, Drive Innovation, And Deliver Results In A Competitive And Evolving Industry.
Financial Analysis
Product Development
Strategic Planning
Market Research
Contract Negotiation
Business Development
Budget management
Relationship Management
Team Leadership
Sales management
Risk assessment
Client Relations
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Senior Vice President, Commercial Lines – Small Market in Columbus, OH, USA is $207,000 - $255,000 per year. This salary range may vary depending on the specific company, industry, and experience of the individual. Factors such as bonuses, commissions, and benefits may also impact the overall salary package for this position.
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Nationwide Mutual Insurance Company and affiliated companies, commonly shortened to Nationwide, is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. The company also operates regional headquarters in Scottsdale, Arizona; Des Moines, Iowa and San Antonio, Texas.
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