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Consultant, Product - Financial Services

AT Nationwide Insurance
Nationwide Insurance

Consultant, Product - Financial Services

Scottsdale, AZ

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!

As a member of the product development team, this role is a key resource that will support two product lines that are critically important to the Annuity business and future growth plans.   Specifically, this position will support and help influence the strategies developed by the product directors and will lead the life-cycle management of products in-market.  The role will require strong communication skills and a command of the business as we will depend on this individual to identify needs and create solutions that help manage the business.

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Key Responsibilities:

  • Serves as a technical professional in the analysis of pricing and design features, product, and profitability.
  • Actively finds opportunities for improvement and makes solution recommendations.
  • Provides support and guidance related to product design and management.
  • Provides high level, strategic input on key initiatives addressing product strategy and profitability objectives.
  • Participates and may lead new business development and implementation projects.
  • Works with Product Directors to predict needs and issues. Acts as a resource to Product Directors. Reacts appropriately to market conditions.
  • Identifies and evaluates business opportunities. Partners with leadership to provide a regular assessment of financial results and recommendations to increase future profitability.
  • Investigates and assists in development of new tools and technology to improve product performance.
  • Reviews and analyzes highly technical and sophisticated market information on benchmark competitors. Identifies options to keep products market-competitive.
  • May perform other responsibilities as assigned.

Compensation Grade: G4

Position can be filled at the following locations: Columbus, Ohio; Louisville, KY; or Scottsdale, AZ.

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 Consultant, you'll lead the initiation, development, and maintenance of products with respect to design, profitability, and growth. We'll count on you to collect information and make recommendations regarding overall corporate objectives, field operations and staff services.

Job Description

Key Responsibilities:

  • Serves as a technical professional in the analysis of pricing and design features, product, and profitability.

  • Actively finds opportunities for improvement and makes solution recommendations. 

  • Provides support and guidance related to product design and management.

  • Provides high level, strategic input on key initiatives addressing product strategy and profitability objectives.

  • Participates and may lead new business development and implementation projects.

  • Works with Product Directors to predict needs and issues. Acts as a resource to Product Directors. Reacts appropriately to market conditions.

  • Identifies and evaluates business opportunities. Partners with leadership to provide a regular assessment of financial results and recommendations to increase future profitability. 

  • Investigates and assists in development of new tools and technology to improve product performance.

  • Reviews and analyzes highly technical and sophisticated market information on benchmark competitors. Identifies options to keep products market-competitive.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Director or Officer

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, CFP, NASD, etc.) preferred. 

Experience: Typically, eight years of relevant experience in a related industry.

Knowledge, Abilities and Skills: Demonstrated strategic decision making. Proficiency in the use of analytic tools, plans pricing and products. Ability to drive for results, navigate ambiguity and to understand strategic objectives. Ability to lead high profile projects. Ability to creatively present ideas in written form and through presentations. Effective verbal and written communication skills. 

Other criteria, including leadership skills, competencies and experiences may take precedence. 

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.
 

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions:


Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment. May require moderate to frequent travel.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Job ID: 7103bab82a41915972b756273c0884848ea021f73133f9460904041ba243e055
Employment Type: Other