Associate Product Manager- Pet

Nationwide Insurance; Columbus (OH); On-site; USD 78,000 - 117,000; Full time

Job summary

An established industry player is seeking an Associate Product Manager to join their Pet Insurance team. This role offers a unique opportunity to leverage your expertise in insurance product management while utilizing advanced analytical skills and coding knowledge. You'll be instrumental in driving product performance and profitability, ensuring products meet the evolving needs of customers. If you're passionate about delivering extraordinary care and enjoy working collaboratively to create innovative solutions, this position is perfect for you. Join a team dedicated to making a difference in the lives of individuals and businesses as they prepare for their future.

Qualifications

• 6+ years in underwriting or product management preferred.
• Strong analytical, communication, and project management skills.

Responsibilities

• Gather and analyze information to anticipate variables impacting product performance.
• Manage schedules and coordinate project timelines for key processes.
• Recommend product positioning strategies to optimize profitability.

Skills

Insurance Product Management Expertise

Analytical Proficiency

Technical Skills (R, SQL)

Financial Acumen

Strategic Thinking

Communication Skills

Project Management

Relationship Building

Continuous Learning

Education

Bachelor’s degree in relevant fields

Tools

Analytical tools and software

Job description

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! 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.

Join Nationwide's Pet Insurance team as an Associate Product Manager and play a pivotal role in shaping the future of pet insurance products. This position offers a unique opportunity to leverage your insurance product management expertise while incorporating advanced analytical skills and coding knowledge. You'll be at the forefront of driving product performance, profitability, and strategic initiatives, ensuring our products meet the evolving needs of our customers and the market.

Ideal Skills and Capabilities

• Insurance Product Management Expertise: Extensive background in insurance product management, with a deep understanding of commercial lines insurance products, pricing architecture, and state regulations.
• Analytical Proficiency: Strong analytical skills with experience in data analysis, trend analysis, and competitor data. Proficiency in analytical tools, relational databases, data visualization techniques, and statistical software.
• Technical Skills: Knowledge of coding languages such as R or SQL to support data analysis and product management tasks.
• Financial Acumen: Solid understanding of financials, product profitability, business mix, and forecasting performance.
• Strategic Thinking: Ability to develop detailed product plans to achieve long- and short-term financial objectives, influence regional strategy, and implement strategic decisions in alignment with market strategies.
• Communication Skills: Excellent verbal and written communication skills to effectively present information, influence internal and external partners, and translate complex data into understandable communications.
• Project Management: Ability to manage timelines, coordinate project work, and handle multiple priorities to ensure timely completion of key processes.
• Relationship Building: Proactively build and strengthen relationships with peers, internal and external partners, and participate in cross-functional teams to support business initiatives.
• Continuous Learning: Commitment to ongoing education and professional development to increase personal, professional, and technical knowledge and skills.

(Internal Use Only: F3 Pay Band)

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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 Responsibilities

• Gather and analyze information from multiple sources, including competitor filings and internal data, to perform comprehensive analysis and anticipate variables impacting product performance.
• Analyze product performance and identify opportunities at various levels, validating assumptions and developing recommendations based on data insights.
• Manage own schedule and coordinate project timelines to ensure timely completion of key processes like rate reviews.
• Recommend product positioning strategies to optimize profitability, influencing decisions with internal and external partners.
• Develop detailed product plans aligned with financial objectives and corporate strategies, providing input to regional and corporate planning teams.
• Consult with leadership and partners on analysis, business performance, and strategic initiatives, supporting distribution and underwriting performance.
• Communicate complex data and strategic concepts effectively to diverse audiences, both verbally and in writing.
• Build and maintain relationships with peers and partners, participating in cross-functional teams and supporting ongoing education and mentorship.
• Participate in training and professional development activities to enhance knowledge and skills.

Other responsibilities may be assigned as needed.

Reporting Relationships

Reports to Senior Product Manager.

Qualifications

Education: Bachelor’s degree in relevant fields preferred.

Experience: Six years in underwriting or product management preferred, with cross-functional and data analysis experience advantageous.

Skills: Knowledge of commercial lines insurance, strong analytical, communication, and project management skills; proficiency in analytical tools and software.

Additional Information

Values: Demonstrates Nationwide Values regularly and consistently.

Work Conditions: Normal office environment, additional hours, some travel.

Salary Range: $78,000.00 - $117,000.00 starting range, with a total range up to $145,500.00.