Director, Product - Commercial Lines (P&C Insurance - Middle Market Portfolio Management)

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 opening can be filled in a remote/work-from-home (WFH) capacity or in one of our offices.

This Director leads our P&C Commercial Lines Middle Market Portfolio Management team, comprised of data analysis and commercial insurance product management experts. They partner with Midle Market field practice leaders and line of business leaders to facilitate profit improvement and growth strategies., and liaise with finance, actuarial, business insights, and product management to support these efforts.

In addition to an expertise in the Property & Casualty Insurance industry and the respective regulatory requirements, candidates for this role must possess:

• Strong leadership competency
• Executive presence and communication
• Ability to influence and drive accountability
• Understanding of data analysis and storytelling tools
• A proactive and innovative approach in using data to draw insights, drive  partnerships, and support the business

Prior experience within Commercial Lines insurance and/or formal people leadership are especially helpful, but not required.

This role does not qualify for employer-sponsored work authorization.  Nationwide does not participate in the Stem OPT Extension program

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Job Description Summary

If you are driven to develop real business intelligence from data to inform business decision-making, and can communicate complex issues in an understandable and relevant way, we want to know more about you! Leading our team offers the opportunity to influence the business mix and help Nationwide meet and exceed the needs of our customers in the marketplace today and into the future.

As a Director, you'll lead the commercial lines regional product team in design, development and maintenance of middle and small market products across multiple channels. We'll count on you to create and implement recommendations on design, pricing, underwriting, agency management, distribution, claims, and other processes related to managing products in the field. You'll be accountable for the profitability, growth and success of commercial lines (CL) products in an assigned region.

Job Description

Key Responsibilities:

• Develops and implements a coordinated short term and long term CL product strategy (including pricing and design features) across CL middle market and small market (SM) product lines. Ensures appropriate placement of the product in the marketplace to achieve strategic goals and maintain compliance with all regulatory requirements.

• Directs development, implementation and maintenance of features/capabilities of CL products with accountability for product growth and profitability in the region. Directs projects for new CL business or new implementation. Provides direction on system changes needed to improve product performance. Validates and confirms effective technology implementation of rate changes and other improvements.

• Manages the selection, training and coaching of the regional CL Product team to ensure a high degree of proficiency and professionalism.

• Establishes research and product development objectives and practice standards. Ensures that methodologies and outcomes meet business and strategic objectives. Conducts research on products and the market to help make policy and practice decisions. Proactively identifies product opportunities in current or new markets and coordinates the organization's response. Conducts periodic analysis of protocols to identify changes needed and make recommendations to staff.

• Directs the analysis of product design, pricing and associated processes such as distribution and claims within the assigned region.

• Determines project priorities and workflow standards for the department. Monitors and manages performance