Consultant, Product - Financial Services

Posted Yesterday
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Columbus, OH
Senior level
Insurance
The Role
The Consultant will lead the development and maintenance of financial services products, focusing on analysis, strategy, and profitability. Responsibilities include evaluating business opportunities, improving partner experiences, and collaborating on product design and management initiatives.
Summary Generated by Built In

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.

This is a hybrid role based in our Columbus, OH office.

The ideal candidate will have experience with:

  • Life Insurance knowledge with a focus on Sales and New Business processes and experience

  • Agile principles, project execution, and contract and vendor management

  • Determining key business priorities

Do you want to be a member of a team that, above all, advocates for our members and partners and focuses on improving their experience and interactions with Nationwide?  Our work is essential to helping Nationwide build future capabilities to serve customer needs. Developing strategies to bring new capabilities to life 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, then Nationwide’s Business Capability Team is the place for you!
As a Consultant, you'll be responsible for leading the ideation, initiation, and also and be involved in the development of key partner interactions in Life.  We'll count on you to collect information and make recommendations regarding industry opportunities, overall stakeholder objectives, competitive analysis, and customer and partner needs.

You will also be a member of a broader product and journey team representing the interests of all business stakeholders.  

Key Responsibilities:

  • Investigates and assists in development of our strategy to develop new tools and technology to improve partner and member experiences.
  • Serves as a technical professional in the analysis of business processes and experiences.
  • Identifies and evaluates business opportunities.  Partners with leadership to provide a regular assessment of results and recommendations for future opportunities.  
  • Actively finds opportunities for improvement and makes solution recommendations. 
  • Provides support and guidance related to process design and management.
  • Provides high level, strategic input on key initiatives addressing process strategy and profitability objectives.
  • Participates in and may lead new business development and project implementation.
  • Works with and acts as a resource to leaders of various business units to predict needs and issues. Reacts appropriately to industry conditions.
  • Reviews and analyzes highly technical and sophisticated market information on benchmark competitors. Identifies options to keep our experiences and processes market-competitive and differentiating.

Compensation Grade: G4

Job Description Summary

Our work is essential to helping Nationwide build future capabilities 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 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, field operations and staff services.

Job Description

Key Responsibilities:

  • Serves as a technical professional in the analysis of pricing and design features, 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 Officer

Typical Skills and Experiences:

Education: Undergraduate degree in finance, economics, marketing, or related field preferred. Graduate degree desired.  

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

Experience: Typically, eight years of relevant experience in a related industry.

Knowledge, Abilities and Skills: Demonstrated strategic decision making. Proficiency in the use of analytic tools, 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 Nationwide Values.

Job Conditions:

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment. 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

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.


The Company
Columbus, OH
29,597 Employees
On-site Workplace

What We Do

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com.

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