AVP, Product – Life

Nationwide Insurance; Columbus (OH); Remote; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a dynamic AVP to lead the product strategy for their Life Product Line. This pivotal role involves defining product strategies, conducting market research, and ensuring product launches align with customer needs and profitability goals. The ideal candidate will possess strong leadership and communication skills, with a background in life insurance product development. Join a forward-thinking team committed to delivering exceptional value and innovation in the insurance sector. If you are passionate about making a difference and driving success, this opportunity is for you.

Benefits

Medical/Dental/Vision Insurance

Life Insurance

Disability Coverage

Paid Time Off

401(k) Match

Pension Plan

Business Casual Attire

Qualifications

• 7-10 years in life insurance product/business development.
• Insurance and professional designations such as Chartered Financial Consultant.

Responsibilities

• Define and deliver product strategy for the Life Product Line.
• Lead research and development to stay ahead of industry trends.
• Oversee product lifecycle management ensuring profitability.

Skills

Strategic Thinking

Communication Skills

Leadership

Negotiation

Relationship Building

Education

Undergraduate degree in business

MBA

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.

Addendum: This key executive position will be tasked with creating and evolving our product advance sales market strategy for Premium Finance, Multi Life, Private Placement, Workplace Benefits & Qualified Plans. A successful candidate will thrive at communication, setting strategy, building relationships and execution.

Please Note: This role is open to working remotely in the United States.

#LI-ML1

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 and creating innovative solutions for customers, we want to know more about you!

As the AVP, you'll establish, sell and execute the strategic direction for the designated Life product line. You'll be responsible for product and strategy execution including product launches, product revisions and product innovations.

Job Description

Key Responsibilities:

• Define and deliver product strategy, design, and development for the designated Life Product Line.
• Lead research, development, and competitive intelligence to stay ahead of industry trends and market challenges.
• Develop and maintain sales report analysis and gather customer insights through networks of product experts and influencers.
• Identify and analyze new market opportunities and drive innovation to differentiate products.
• Oversee the development, launch, and lifecycle management of products, ensuring alignment with growth and profitability goals.
• Facilitate client understanding of product options and work with the Product Risk Committee for design and pricing approval.
• Participate in pricing, monitor product performance, and understand market and client needs.
• Partner with sales and finance for product development requirements.
• Lead all aspects of product and service delivery, ensuring efficiency and effectiveness.
• Perform periodic analysis of in-force business to maintain profitability and customer satisfaction.
• Manage resource plans and budgets for the product line.
• Lead a team of associates, fostering engagement and managing performance, development, and organizational planning.

Additional responsibilities may be assigned.

Reporting Relationships: Reports to VP.

Typical Skills and Experiences:

Education: Undergraduate degree in business or related field; MBA preferred.

License/Certification: Insurance and professional designations such as Chartered Financial Consultant, Chartered Life Underwriter, CPCU, actuarial designations (FSA, MAAA), or project management certifications.

Experience: 7-10 years in life insurance product/business development with demonstrated leadership.

Knowledge, Abilities, and Skills: Strong technical and industry knowledge, relationship-building and influencing skills, strategic thinking, excellent communication, negotiation, and leadership capabilities, and the ability to work independently on complex issues.

Other criteria, including leadership skills, competencies, and experiences, may take precedence. Staffing exceptions require approval.

Values: Consistently demonstrate Nationwide Values.

Job Conditions:

Overtime Eligibility: Exempt (not eligible)

Working Conditions: Normal office environment.

ADA: The above statements generally describe principal functions, but specific circumstances may vary.

Applications close on 06/05/2025, but early submissions are encouraged.

Benefits

Includes medical/dental/vision, life insurance, disability coverage, paid time off, holidays, 401(k) match, pension plan, business casual attire, and more. Click here to learn more.

Nationwide is an equal opportunity employer committed to diversity and inclusion. We prohibit discrimination and harassment based on protected characteristics.

This position can be filled within any of the lower 48 U.S. states. Smoking is prohibited in enclosed areas per Iowa Smokefree Air Act. For NY residents, review state law info here.