Associate 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.

This position will support the states of MA, NJ, and NY for the NERO Region of Personal Lines Product.

Skills Desired of Candidates:

• Prefer prior personal lines insurance product or pricing experience
• Proficiency in analytical tools and ability to see trends and patterns in the data
• Demonstrate strong verbal and written communication skills
• Ability to build partnerships and influence internal and external partners
• Ability to drive results, problem solve, deal with ambiguity and learn on the fly
• Manage projects, competing priorities, timelines and resources

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 an Associate Product Manager, you'll be responsible for positioning products for profitable growth within states that are generally smaller or less complex. You may have opportunities to work on a portion of a more sophisticated state in support of Product Manager. Work will include implementing processes related to financial planning, rate reviews, market development and communication. You'll support regional and corporate objectives through ongoing analysis and monitoring of results to ensure alignment to objectives.

Job Description

Key Responsibilities:

• Captures information from multiple internal and external sources according to company guidelines, including competitor filings to perform analysis. May require gathering verbal 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.

• 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 to find opportunities, develop effective recommendations and solutions. Analyzes and reviews financial results, product profitability, business mix and competitive information and forecasts performance.

• Handles own schedule to complete work within established time and service standards. May manage timelines and coordinate completion of project work through others. Plans work to ensure rate review and other key processes are completed to ensure speed to market.

• Determines and recommends how to position products for overall profitability using rate reviews, pricing, risk appetite, placement, timing, etc. Applies and implements strategic decisions in alignment with market strategies (agents, tools, sales, etc.). Influences decisions with internal and external partners that impact national plan and geographic responsibility.

• Develops detailed product plan to achieve long- and short-term financial objectives (one to three years) for assigned state(s) and product(s) based on high level corporate objectives. Provides input into rate, loss, revenue, financial and other planning teams to influence regional strategy. Provides influence and implements communication plans to share key business changes. Initiates action plans to improve or maintain product performance.

• Consults with leadership and internal partners regarding analysis, ideas and business performance. Supports partners through ongoing review and consultation on distribution and underwriting performance initiatives. Provides tools and analysis to establish understanding of complex issues and focus attention on meaningful concepts. Promotes teamwork among regional and staff partners to