Director, Product - Commercial Lines (P&C Insurance - Middle Market Portfolio Management)

Nationwide Insurance; United States; Remote; USD 110,000 - 212,000; Full time

Job summary

Nationwide Insurance recherche un Directeur pour son équipe de gestion de produits d'assurance commerciale. En tant que leader, vous serez chargé de diriger les initiatives de produit et de motiver une équipe vers un objectif commun. Ce rôle exige des compétences analytiques fortes et une expérience significative dans le domaine de l'assurance. Notre culture valorise l'inclusion et la diversité, et nous accueillons des candidatures des 48 États inférieurs.

Qualifications

• Au moins 8 ans d'expérience en assurance personnelle ou commerciale.
• Expérience en gestion de produits et des équipes requise.
• Connaissance approfondie des outils analytiques et des politiques de souscription.

Responsibilities

• Développer et mettre en œuvre une stratégie de produit commerciale.
• Gérer la performance des équipes de produits.
• Analyser le design et le prix des produits selon le marché.

Skills

Leadership

Communication

Data Analysis

Innovative Approach

Education

Undergraduate studies in insurance, actuarial science, mathematics, risk management, economics, finance, accounting, business administration

MBA

Tools

Analytical Tools

Job description

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.

This opening can be filled in a remote/work-from-home (WFH) capacity or in one of our offices.

This Director leads our P&C Commercial Lines Middle Market Portfolio Management team, comprised of data analysis and commercial insurance product management experts. They partner with Middle Market field practice leaders and line of business leaders to facilitate profit improvement and growth strategies, and liaise with finance, actuarial, business insights, and product management to support these efforts.

In addition to expertise in the Property & Casualty Insurance industry and the respective regulatory requirements, candidates for this role must possess:

• Strong leadership competency
• Executive presence and communication
• Ability to influence and drive accountability
• Understanding of data analysis and storytelling tools
• A proactive and innovative approach in using data to draw insights, drive partnerships, and support the business

Prior experience within Commercial Lines insurance and/or formal people leadership are especially helpful, but not required.

This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program.

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Job Description Summary

If you are driven to develop real business intelligence from data to inform business decision-making, and can communicate complex issues in an understandable and relevant way, we want to know more about you! Leading our team offers the opportunity to influence the business mix and help Nationwide meet and exceed the needs of our customers in the marketplace today and into the future.

As a Director, you'll lead the commercial lines regional product team in design, development, and maintenance of middle and small market products across multiple channels. You'll be responsible for creating and implementing recommendations on design, pricing, underwriting, agency management, distribution, claims, and other processes related to managing products in the field. You'll be accountable for the profitability, growth, and success of commercial lines (CL) products in an assigned region.

Key Responsibilities include:

• Developing and implementing a coordinated short-term and long-term CL product strategy across CL middle market and small market (SM) product lines, ensuring appropriate placement in the marketplace to achieve strategic goals and maintain regulatory compliance.
• Directing development, implementation, and maintenance of CL product features/capabilities, with accountability for product growth and profitability. Managing projects for new CL business or new implementations, and overseeing system changes to improve product performance.
• Managing the selection, training, and coaching of the regional CL Product team to ensure proficiency and professionalism.
• Establishing research and product development objectives and standards, conducting market research, and proactively identifying product opportunities.
• Leading analysis of product design, pricing, and related processes such as distribution and claims within the region.
• Determining project priorities, monitoring performance measurements, and aligning organizational structure to meet business needs.
• Translating strategic plans into organizational direction, developing business plans, budgets, and timelines.
• Leading associates, providing performance management, hiring, and disciplinary actions.
• Building collaborative partnerships across functions, developing customer service standards, and delivering training on new products.

Additional responsibilities may be assigned as needed.

Reporting Relationships: Reports to the Commercial Lines Product Leader; typically has five to seven direct reports.

Qualifications include:

• Undergraduate studies in insurance, actuarial science, mathematics, risk management, economics, finance, accounting, business administration, or related fields; MBA preferred.
• Insurance licenses or designations such as CPCU, ARM, CLU, FLMI, ChFC, CFP, NASD preferred.
• At least eight years of experience in personal or commercial lines insurance, financial services, marketing, or communications, including four years in product management and leadership roles. Multiline experience preferred.
• In-depth knowledge of analytical tools, core business functions, underwriting policies, and financial analysis.
• Excellent communication skills, proficiency with analytical systems, decision-making ability, and project management skills.

Our values emphasize diversity, inclusion, and equal opportunity. The position may be filled in any of the lower 48 states. The salary range is $110,000.00 to $212,000.00, with an expected starting range of $119,000.00 to $179,000.00. Applications are accepted until 07/25/2025, but early submissions are encouraged.