Sr. Product Manager - Personal Lines

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.

We are looking for a strategic and analytical leader with excellent communication skills to take ownership of Product and Portfolio Management responsibilities for our Alternative Distribution channel. This emerging insurance distribution channel consists of carrier partners, embedded OEM/Mortgage/Life integrations, franchise and strategic partnerships that operate on a national scale.  This role represents a unique opportunity to shape the agent experience while applying core Product Management concepts and interact with industry leading partners. 

Key Responsibilities

• Portfolio Management:  Identify strategies and tactics to manage Alternative Distribution firms to clearly defined profit and growth goals
• Strategic Collaboration:  Work with Relationship Management Team to implement action plans that foster profitable growth
• API Experience: Optimizing agency integration patterns and the presentation of Nationwide’s rate against other carriers in partnership with experience teams
• Analytics & Forecasting: Engaging in portfolio analysis, agency reviews, dashboard analytics, and forecasting
• Cross-functional Communications: Share the Alternative Distribution strategy across business units

Experience in one of more of the following areas is ideal.

• State Management
• Product or Portfolio Management
• Business Insights
• Relationship Management

Location options include offices in Columbus, OH or Des Moines, IA, or a Work-From-Home/Remote capacity anywhere in the country.

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Job Description Summary

Our work is essential to helping Nationwide build future capability 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 Senior Product Manager, you'll develop, apply and implement product strategy in alignment with market strategies and lead and collaborate on critical initiatives across regions and other functional departments. You’ll also influence decisions with internal and external partners at all levels and you'll be responsible for positioning products for profitable growth within the largest or most complex region with the most financial impact and complexity. In addition, you'll implement processes related to financial planning, rate reviews, market development and communication of product management and you'll support regional and corporate objectives through ongoing analysis and monitoring of results to ensure alignment, communication of results and sharing product performance and perspective.

Job Description

Key Responsibilities:

• Gathers information from multiple internal and external sources according to company guidelines, including competitor filings to perform analysis. May require gathering information from internal subject matter specialists or partners and data through reports or other external published or non-published electronic means. Provides and applies context and understanding of information to anticipate the multiple variables and complexities needed to research. May coordinate project/product research through others.

• Analyzes product performance and proactively finds opportunities at state, line of business and agency level. Identifies and analyzes key product, performance and profitability drivers such as distribution, rate structure and rules performance to validate assumptions, identify adverse impacts, trends and solutions. Applies judgment, understanding and curiosity to data and provides high level analysis considering multiple complexities to build fully developed solutions. Analyzes and reviews financial results, product profitability, business mix and competitive information and forecasts performance. May coordinate the analysis of others to include larger reviews.

• Manages own schedule to complete work within established time and service standards. Plans work to ensure rate review