Consultant, Business Consulting (ES&S Alt Ventures)
NationwideAbout the role
This role supports Excess & Surplus Alternative Ventures, and requires a mix of business project management and process optimization. A strong understanding of insurance processes as well finance and data is necessary, as this role will partner cross-functionally on planning unit finance, data, analytics and portfolio management efforts.
The E&S/Specialty Alternative Ventures group proactively manages a pipeline of innovative/new joint ventures to diversify the ESS portfolio by developing insurance, reinsurance, or non-traditional risk-management solutions for corporate clients. A $1.5B organization, Alternative Ventures consists of three unique verticals:
- Geneva Re, a partnership to both insure and reinsure the Ryan Specialty Underwriting Managers book of programs business
- N2G, a multi-national partnership with European insurer Generali in which Nationwide insures the domestic exposure and Generali insures the international exposure
- Alternative Risk, a partnership with Ryan Specialty to provide unique insurance options via captives, structured deals and other arrangements in which the insured shares the risk
Pay band G3 (internal use)
#LI-AS1
#LI-remote
Job Description Summary
We are a versatile group of individuals, working together to meet the needs of our customers. We value knowledge, strong business savvy and contributing to a stellar team dynamic. If you thrive in a busy, engaging work environment, we want to know more about you!As a Consultant, you'll act independently or as a member of a team responsible for establishing a common understanding of the business environment in which a project must be defined, designed, created, deployed, used and supported. You will participate in major process modeling, analysis and design efforts providing business performance management, organizational design and business risk management capabilities to formulate pragmatic, forward facing and impactful business transformation plans.
Job Description
Key Responsibilities:
Partners with senior leaders to transform their businesses through the strategic application of people, processes and technology. Participates in the planning process by identifying complexities, dependencies and duplications.
Demonstrates expertise in leading business process analysis/design, organizational analysis, needs assessments and cost/benefit analysis to align solutions with business strategies and direction. Consults with functional groups within Nationwide Technology and internal business clients to develop short- and long-term business transformation plans.
Serves as process management contributor and consultant between business customers and systems area for development and implementation of business processes and procedures. Responsible for communicating to customers, management and external sources.
Identifies critical elements of a business process that need to be managed. Defines criteria of performance success. Reports performance in a cohesive manner.
As a team member, participates in analysis and design of organizational structures, roles, responsibilities, governance, staffing and sourcing to support business goals, strategies and process architecture. Provides significant contribution in executing business unit level change.
Conducts and leads training of customers on business, technological, societal and environmental trends to support strategies for improving business performance.
Facilitates evaluation and research of new and existing products, procedures and/or workflow needs associated with business systems for the company. Evaluates new technological developments and evolving business requirements, and recommends appropriate systems alternatives and/or enhancements.
Develops compelling business cases, includi
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