Technical Director, Product – Financial Services - NW Group Benefits / Stop Loss

Are you passionate about being part of a team that delivers extraordinary care to help individuals and businesses prepare for and protect their retirement? If so, then Nationwide Financial 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.

Are you looking for a career where you have the autonomy to bring innovative group health products to life? Does leading a team of talented Product Managers to set strategic vision and provide execution support catch your attention? If yes, consider the Director of Product Management for Group Health Products. This role is responsible for the development and management of products and services to support the overall financials and health of self-funded, stop loss, and group fully insured products as well as contribute to the achievement of profit and growth targets for the products. This job is accountable for making decisions on bringing products to market, incorporating sales feedback and market intelligence, and overseeing activities for countrywide product and rollouts. This position will manage product managers or consultants in accomplishing this work.

Job Description Summary

Our work is essential to helping Nationwide build future capabilities to serve customer needs. Keeping existing products relevant and marketable and building new products takes research, critical thinking, practicality, and collaboration. If you enjoy gathering input and information, working independently and on a team and creating innovative solutions for customers, we want to know more about you!

As a Technical Director, you'll provide expertise leading across functional team(s) responsible for product creation and innovation. You'll lead key initiatives to address product strategy and profitability objectives and communicate product/solution strategic direction.

Job Description

Key Responsibilities:

• Leads development and maintenance, including crafting and modeling the features/capabilities of products from beginning to end, with direct responsibility for the products managed from a growth, profitability, capital, and risk perspective.

• Partners with sales leadership and finance to provide cost impact solutions and/or opportunities related to product design options. Develops business cases that support customer acquisition initiatives. Generates multiple solutions that address client/customer needs based on an assessment of the situation. 

• Drives incremental and adjacent innovation to differentiate products and solutions in the marketplace in partnership with cross functional teams.

• Proactively identifies new market and business opportunities. Reacts appropriately to competitive landscape and market conditions.

• Provides support and leadership to promote product/solution strategy, design, and management.

• Serves as liaison, advising across the organization to implement new products and solutions. Looks for alignments or added value from developments across business areas and multiple fields. Facilitates problem resolution across the business.

• Builds strategic relationships to support product delivery, including vendor and partner alliances.

• Assures performance results and expectations as related to the product/solution implementation and business model.

• Develops, produces, and maintains ad hoc and custom sales report analysis. Consults with leadership regarding product trends, provides recommendations regarding sales analysis opportunities.

• Leads key project initiatives for the business in support of initial product offerings, product re-designs or tangential applications such as commissions, new business processing or policy administration.

• Facilitates client understanding of various product options and helps to prioritize options. 

• Maintains a detailed understanding of pricing, client needs, market needs and sales positioning.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to leader; may lead cross-department project teams and up to 3 product professionals. 

Typical Skills and Experiences:

Education: Undergraduate degree in finance, economics, marketing, or related field preferred. Graduate degree desired.  

License/Certification/Designation: Industry designations (e.g., CPCU, ARM, CLU, FLMI, ChFC, CFA, CFP, NASD, etc.) preferred.