AVP, Property & Casualty Pricing Leader - Auto

Nationwide Mutual Insurance Company; Ohio; Hybride; USD 154 000 - 258 000; Plein temps

Avantages offerts par ce poste

Medical/dental/vision

Life insurance

Disability coverage

PTO with 18+ days prorated

Nine paid holidays

401(k) with company match

Company pension plan

Business casual attire

Résumé du poste

Nationwide Mutual Insurance Company seeks an AVP of Pricing for P&C to lead pricing strategy and oversee a pricing team. You will ensure regulatory compliance, drive profitability, and align pricing with corporate objectives while collaborating with product, finance, actuarial, and analytics teams.

The role requires strong leadership, advanced actuarial knowledge, and the ability to present strategic recommendations to senior leadership. Remote work within the U.S.

Qualifications

• FCAS designation or equivalent preferred.
• Ten years in pricing/actuarial in P&C with five years in management.
• Strong leadership, communication, and ability to present to executives.

Responsabilités

• Develop and implement pricing strategies for specific P&C products.
• Ensure pricing aligns with business objectives and market conditions.
• Lead pricing team to meet DWP, new writings, retention, and loss ratio targets.
• Oversee actuarial models and pricing tools; monitor model effectiveness.
• Provide regular pricing insights and financial impact analyses to senior management.
• Ensure compliance with state and federal pricing regulations.

Connaissances

Strategic leadership

Pricing strategy

Cross-functional collaboration

Regulatory compliance

Data analysis

Communication

Formation

FCAS designation preferred

Undergraduate degree in actuarial science, business, finance, math, or economics

Outils

Actuarial models

Pricing tools

Description du poste

Job Description Summary

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! 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: Working conditions for this role are remote within the U.S.; travel to headquarters required on an as‑needed basis. #LI-ML1 Our Property and Casualty (P&C) Actuarial team members have opportunities to use state‑of‑the‑art tools, are encouraged to innovate and learn to master actuarial methodologies. If this sounds like a place you could thrive, then we want to know more about you! As an AVP of Pricing for Nationwide, you’ll be responsible for leading the development and implementation of pricing strategies across a designated Property & Casualty (P&C) product line(s). You’ll oversee the pricing team, ensure compliance with regulatory standards, and work closely with senior leadership to achieve the company’s financial goals. You’ll play a critical role in driving profitability, competitiveness, and innovation within the pricing function.

Key Responsibilities

• Develop and implement comprehensive pricing strategies for specific P&C insurance product.
• Align pricing strategies with overall business objectives and market conditions.
• Provide strategic direction and leadership to the pricing team to help ensure that overall product line objectives (DWP, new writings, retention, loss ratio) are achieved.
• Oversee the development and maintenance of actuarial models and pricing tools.
• Ensure robust data analysis to support pricing decisions and risk assessments.
• Monitor and evaluate the effectiveness of pricing models and strategies.
• Partner closely with leaders of product, finance, actuarial, analytics and other departments to ensure cohesive pricing strategies.
• Monitor the financial performance of P&C insurance products to ensure they meet profitability targets.
• Identify and address any issues impacting the performance of pricing strategies.
• Provide regular performance reports, pricing recommendations, actionable insights, and financial impacts to senior management.
• Ensure all pricing practices comply with state and federal regulatory requirements.
• Manages all rate reviews, state and countrywide indications.
• Manage regulatory filings and communications related to pricing.
• Stay informed about changes in insurance regulations and adjust pricing strategies accordingly.
• Support other special projects or ad hoc initiatives (e.g., assisting with strategic partnerships, audits, etc.).
• Oversee associate management including performance management, salary planning and administration, training and development, workflow and organization planning, day‑to‑day management and escalations, hiring and placement, and disciplinary actions for direct and indirect reports.
• May perform other responsibilities as assigned.

Reporting Relationships

Reports to Sr AVP, Strategic Pricing Leader - Personal Lines.Leads a team of 4 direct reports; with up to 8 indirect reports.

Typical Skills and Experiences

• Education: Undergraduate studies in actuarial science, business, finance, mathematics, economics, or related field with strong quantitative orientation.
• License/Certification/Designation: Fellow of the Casualty Actuarial Society(FCAS) designation preferred.
• Experience: Typically, ten years related experience (pricing, actuarial, product). Five years prior management experience preferred.
• Knowledge, Abilities and Skills: Proven ability to identify needs of the organization and develop a multi‑year strategic plan.
• Demonstrated ability to collaborate across teams and influence to achieve goals.
• Ability to attract, hire and develop strong talent.
• Possess strong verbal and written communication skills, including the ability to build and defend a business case, provide executive level recommendations and reporting.
• Demonstrated ability to comprehend/explain actuarial concepts and other advanced technical concepts.
• Ability to assimilate information and make recommendations based on a combination of factors.
• Foundational knowledge of technology and actuarial data and tools; advanced modeling experience preferred.
• 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: Remote within the U.S.; travel to headquarters required on an as‑needed basis.

Benefits

• 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
• More

To learn more about the benefits we offer,

Equal Opportunity and Diversity Statement

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.

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. Note on Compensation for Part‑Time Roles: Please be aware that the salary ranges listed below reflect full‑time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full‑time schedule. The national salary range for AVP, Property & Casualty Pricing Leader : $154,000.00-$290,000.00 The expected starting salary range for AVP, Property & Casualty Pricing Leader : $154,000.00 - $258,000.00

Company Culture

At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can feel the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we're a great place to work, too, and let us know – can you see yourself at Nationwide?

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.