AVP, Financial Market Economist

Nationwide Insurance; United States; Remote; USD 171,000 - 320,000; Full time

Job summary

Nationwide Insurance is seeking a Financial Market Economist to provide vital economic analysis that shapes financial strategies. This role entails forecasting macroeconomic trends, supporting a small team, and presenting insights to enhance investment strategies. Ideal candidates will possess significant experience in economic modeling and leadership skills. This position offers opportunities for remote work, with competitive salaries reflective of expertise and market conditions.

Benefits

Medical, dental, and vision coverage

401(k) with company match

Minimum of 18 days paid time off

Company-paid pension plan

Paid holidays

Qualifications

• 10+ years in economic analysis, econometric modeling.
• Experience with macroeconomic models and creating macro scenarios.
• CFA preferred.

Responsibilities

• Provide macroeconomic and interest rate forecasts.
• Develop and present economic insights to investment leaders.
• Write daily economic commentaries.

Skills

Problem solving

Teamwork

Communication

Presentation skills

Econometric skills

Education

Undergraduate degree in economics or finance

Master's degree in economics or business administration

Ph.D. in economics or finance

Tools

Bloomberg

Eviews

Excel

PowerPoint

Job description

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! 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, but will require traveling to Columbus, OH as necessary.

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Job Description Summary

Are you ready to be a leader with vision who helps guide strategic direction with insightful, relevant, and fact-based economic information? The work of Nationwide Economics is always shifting due to changes in the economy and financial markets. If you can apply your natural curiosity – looking for new ways to solve complex issues – and combine it with meaningful analysis to advise our associates, our company, and our industry, we want to know more about you!

As a Financial Market Economist, you’ll provide macroeconomic and interest rate forecasts as an input to a business cycle framework that helps guide Nationwide Investments’ strategies. Additionally, you’ll provide ongoing insights and analysis of incoming economic data utilizing high-level research and econometric modeling.

Job Description

Key Responsibilities:

• Applies statistical and economic modeling techniques to determine and forecast market, investment, and broad economic conditions used as inputs into the business cycle framework which helps guide Nationwide Investments’ strategies.

• Works directly with the Chief Investment Officer and other investment leaders to develop and present in-depth economic insights.

• Provides economic insights to assist the sales effort through client meetings, presentations, conference calls and wholesaler training/education.

• Writes daily commentaries on the economy and financial markets for internal and external use.

• Contributes to the Nationwide Markets Insights Podcasts.

• Acts as a media contact for financial market economic insights.

• Manages a small team consisting of other two economists who support Nationwide Investments.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to SVP, Chief Economist. Leads a team of two direct reports.

Typical Skills and Experiences:

Education: Undergraduate degree in economics, finance, or related field required. Master's degree in economics or business administration preferred. Ph.D. in economics or finance preferred.

License/Certification/Designation: Certified Financial Analyst (CFA) preferred.

Experience: Typically, 10 or more years of experience with increasing responsibility in economic analysis, econometric modeling, and economic/financial forecasting. Experience in and a close understanding of financial markets. Experience working with a macroeconomic model and creating macro scenarios is a plus.

Knowledge, Abilities and Skills: Problem solving, teamwork, outstanding communication, strong presentation skills, and econometric/quantitative skills. Ability to work on multiple projects simultaneously with tight timeframes. Proficient in tools such as Bloomberg, Eviews, Excel, and PowerPoint.

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: On-sight on an investment trading floor in Columbus, Ohio. Some travel may be required.

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 06/06/2025. 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

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

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 AVP, Financial Market Economist : $162,000.00-$320,000.00 The expected starting salary range for AVP, Financial Market Economist : $171,000.00 - $287,000.00