If you're passionate about helping a Fortune 100 company drive their strategy forward through innovative product development and advancing strategic partnerships to protect customers (and their pets), then Nationwide's Strategy and Corporate Development Office might 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.
The job requisition consists of 2 positions:
Position #1 will report to the Vice President of P&C Insurance Practice, providing strategic planning support to our Personal Lines & P&C Operations groups. Collaboration with other strategy leaders in support of all of Nationwide’s P&C business units is a key aspect of this position. A background in P&C Personal Lines is highly desirable.
Position #2 will report to the Vice President of P&C Insurance Practice, providing strategic planning support to our Standard Commercial & Nationwide Agriculture/Sponsor Relations groups. Collaboration with other strategy leaders in support of all of Nationwide’s P&C business units is a key aspect of this position. A background in Commercial Lines is highly desirable.
Please Note: This role is available for remote work within the United States for suitable candidates.
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Job Description Summary
At Nationwide, the Office of Corporate Strategy exists to help executive leadership across our businesses - Property Casualty, Financial Services and Corporate Development - approach strategic decision-making to determine how to create the most value for the company in a way that supports Nationwide’s mission and vision. If you are a big-picture thinker and a consultant at heart, we want to know more about you!
As an Associate Vice President, you’ll advise and guide Nationwide executives through the industry’s most critical challenges. It’s the management consulting experience, without the travel! You’ll have a platform to directly engage senior leaders within projects that span the full breadth of our business portfolio. To succeed, you’ll need the ability to forge trusted relationships, distill results-driven strategies out of complex issues and facilitate impactful decisions with support from a group of high-performing professionals. This role allows you the opportunity to be part of the team at the forefront, driving the direction of meaningful and positive change at Nationwide.
Job Description
Key Responsibilities:
Partners with business leaders to identify, evaluate and pursue strategic opportunities, ranging from organic growth to new business line development to operating model redesign.
Manages strategic projects for the Office of the CEO (OCEO), Management Committee or business leadership teams to successfully realize opportunities. For each strategy, figures outs where we will play, how we will win and what decisions or trade-offs we must make.
Organizes, facilitates and leads project teams of relevant partners from across Nationwide’s corporate and business unit functions to drive business results.
Advises and is responsible for the corporate or business level strategic planning process, which produces a three-year corporate and/or business unit strategic plan tied to financial implications.
Establishes and implements mechanisms to translate strategic plans into business unit operational plans.
Interprets financial, statistical and other data to monitor the impact and efficacy of Nationwide’s defined strategies
Leads all aspects of the consultation, preparation and communication of evaluation findings and recommendations to all levels of management, including the Board of Directors, OCEO, Strategy leadership team and business leadership teams.
Establishes and maintains external relationships with other industry experts and vision leaders to facilitate internal innovation and strategic thinking.
Engages in continuous improvement of the department, self and others. Actively develops associates in problem-solving and communication skills and other areas of thought leadership, collaboration and professional expertise.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Vice President, Strategic Planning. May lead a team of two to 15 associates.
Typical Skills and Experiences:
Education: Demonstrated academic success. MBA or equivalent is preferred. Confirmed knowledge of strategic planning, project management tools, concepts, and methodologies.
Experience: Significant leadership experience with strategic projects, from either a top tier consulting firm or a Fortune 100 strategic planning group. Proven ability to maximize business and industry knowledge. Solid understanding of the insurance industry is nice to have.
Knowledge, Abilities and Skills: Must have excellent problem-solving skills including the ability to structure problems, identify core issues, articulate problem statements, lead problem solving discussions and separate issues into discrete work streams that result in solutions.
Skilled in clearly communicating thoughts, ideas, and concepts both verbally in individual and group settings and in writing. Must demonstrate ability to provide impactful advice/solutions and build effective partnerships with business partners ensuring priorities are aligned. Shown strength in utilization of approaches/tools customary to strategy professionals and demonstrates key areas of effective project management such as scope definition, time management, cost analysis, human resources management, risk assessment and management. Able to work and handle large, complex projects. Ability to lead and develop engaged high-performing project teams.
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 Human Resources Business Partner.
Values: Regularly and consistently demonstrates the Nationwide Values.
Job Conditions:
Overtime Eligibility: Exempt (Not Eligible)
Working Conditions: Normal Office Environment. Some travel may be required.
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.
We currently anticipate accepting applications until 10/27/2024. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.
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.
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.pdfNationwide 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.The national salary range for AVP, Strategic Planning : $159,000.00-$313,000.00The expected starting salary range for AVP, Strategic Planning : $167,000.00 - $279,000.00