Product Consultant (Retirement Solutions)

Nationwide Mutual Insurance Company; Columbus (OH); Hybrid; USD 87,000 - 162,000; Full time

Benefits offered by this job

Medical/dental/vision

Life insurance

PTO 18 days + holidays

401(k) with company match

Pension plan

Business casual attire

Job summary

Nationwide is seeking a Product Consultant in Columbus, OH to lead the initiation, development and maintenance of products focused on design, profitability and growth. You will collaborate with Product Directors to forecast needs and guide initiatives while delivering innovative solutions for customers.

The role requires an undergraduate degree and insurance designations are preferred, with strong analytical and communication skills to drive results and profitability across the portfolio.

Qualifications

• Demonstrated strategic decision making.
• Proficiency in the use of analytic tools, retirement plans pricing, and products.
• Ability to drive for results, navigate ambiguity, and to understand strategic objectives.
• Ability to lead high profile projects.
• Effective verbal and written communication skills.

Responsibilities

• Serves as a technical professional in pricing and design features, underwriting, product profitability.
• Identifies opportunities for improvement and recommends solutions.
• Supports and guides product design and management.
• Provides strategic input on initiatives addressing product strategy and profitability objectives.
• May lead new business development and implementation projects.

Skills

Strategic thinking

Analytical tools

Pricing knowledge

Communication skills

Leadership

Education

Bachelor's degree

Tools

Office suite

Pricing tools

Job description

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. This role will be required to work a hybrid in-office schedule out of our Columbus, OH location (2 days per week). This is a G2 band role.

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 a Product Consultant, you'll lead the initiation, development and maintenance of products with respect to design, profitability and growth. We'll count on you to collect information and make recommendations regarding overall corporate objectives and field operations and staff services.

Job Description Key Responsibilities

• Serves as a technical professional in the analysis of pricing and design features, underwriting, agency management, product and profitability.
• Actively finds opportunities for improvement and makes solution recommendations.
• Provides support and guidance related to product design and management.
• Provides high level, strategic input on key initiatives addressing product strategy and profitability objectives.
• Participates and may lead new business development and implementation projects.
• Works with Product Directors to predict needs and issues.
• Acts as a resource to Product Directors.
• Reacts appropriately to market conditions.
• Identifies and evaluates business opportunities.
• Partners with leadership to provide a regular assessment of financial results and recommendations to increase future profitability.
• Investigates and assists in development of new tools and technology to improve product performance.
• Reviews and analyzes highly technical and sophisticated market information on benchmark competitors.
• Identifies options to keep products market-competitive.
• May perform other responsibilities as assigned.

Reporting Relationships

Reports to Director or Associate Vice President.

Typical Skills and Experiences

Education: Undergraduate degree or graduate studies preferred.

License/Certification/Designation: Insurance licenses or industry designations (e.g., CPCU, ARM, CLU, FLMI, ChFC, CFP, NASD, etc.) preferred.

Experience: Typically, eight years of related experience in a related industry, including insurance, financial services, marketing, communications.

Knowledge, Abilities and Skills: Demonstrated strategic decision making. Proficiency in the use of analytic tools, retirement plans pricing, and products. Ability to drive for results, navigate ambiguity, and to understand strategic objectives. Ability to lead high profile projects. Ability to creatively present ideas in written form and through presentations. Effective verbal and written communication skills. 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 the Nationwide Values.

Job Conditions

Overtime Eligibility: Exempt (Not eligible)

Working conditions: Normal office environment. Extended work hours may be required based on workload. May require moderate to frequent travel.

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.

Benefits

• 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.

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.

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 Product Consultant : $87,000.00-$162,000.00

The expected starting salary range for Product Consultant : $87,000.00 - $131,000.00

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.