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.
Please Note: This position is open to working remotely in the United States.
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Job Description Summary
Our work is essential to driving Nationwide’s future capability to serve our customer’s needs while delivering strong financial outcomes in line with expectations. Success leading this team requires a blend of product knowledge, underwriting savvy, and analytical prowess.
As the Personal Lines State Management Leader, you will be responsible for developing the go to market strategies and plans for Personal Lines Product and ensuring that those strategies are aligned with the corporate strategy. This role is accountable for driving profitable growth by developing and deploying product, and pricing strategies at the state level that align with financial plans. This position monitors financial results across assigned customer segment to identify opportunities for improvement; modifies strategies and plans accordingly.
Job Description
Key Responsibilities:
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Provides leadership to the PL product and Regulatory Solutions teams at state level to ensure short- and long-term goals are achieved in line with line leader expectations.
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Leads the state product management leaders and their teams in delivery of proper risk selection, pricing, expense control and underwriting procedures to achieve financial goals. Monitors loss ratio, production, state regulations, competitive position and expense plans across states.
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Ensures go-to-market strategies across each product line are executed effectively in partnership with sales and marketing.
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Utilizes fully integrated distribution model to ensure capital is being utilized efficiently across all distribution partners at local level in partnership with Sales.
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Provides insights and feedback to line leaders to ensure countrywide best practices are maintaining leading capabilities across product, pricing and underwriting.
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Ensures there is ongoing monitoring and analysis of changes in statutory and regulatory requirements for Personal Lines products, along with the development of product documentation and any necessary forms or filings needed to align Personal Lines with legal and/or regulatory requirements in all states of operation.
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Manages operational budgets to ensure expense dollars driving value where appropriate.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to SVP, PL Product. Manages a team of Product and Regulatory Solutions professionals including AVPs and Directors.
Typical Skills and Experiences:
Education: Bachelor's degree or post graduate studies preferred.
Experience: Minimum of 15 years of experience in personal/commercial lines insurance, financial services, marketing, pricing, product management, underwriting or communication, including 10 years of leadership experience. Must have the ability to solve complex problems for Personal Lines Product and Underwriting needs.
Knowledge, Abilities and Skills: Strong understanding of the insurance industry and in-depth competitor knowledge. Demonstrated success leading multiple disciplines such as Product, Pricing, Sales, Underwriting, and/or Claims. Excellent ability to interact with peers and management, including verbal and written communication skills. Effective at interpreting and presenting complex information so that it is easily understood across a broad range of audiences. Strong strategic ability. Ability to effectively interact with executive leadership and frontline associates. Effective influencing 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 Human Resource Business Partner.
Values: Regularly and consistently demonstrates Nationwide Values.
Job Conditions:
Overtime Eligibility: Not Eligible (Exempt)
Working Conditions: Normal office environment.
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.
We currently anticipate accepting applications until 11/12/2024. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.
Benefits
We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
This position could be filled within any of the lower 48 U.S. states.
Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.
For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.
The national salary range for VP, State Management Leader - Personal Lines : $172,500.00-$287,500.00
The expected starting salary range for VP, State Management Leader - Personal Lines : $172,500.00-$287,500.00
What We Do
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com.
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