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!
This Product Director role will interface directly with NF’s Shared Portfolio and will lead the Annuity Portfolio Governance (APG) Team. This role will be responsible for the following:
- Ensure Annuity representation and alignment on initiatives critical to Annuity business performance
- Keep leadership informed of overall project status and critical updates impacting the Annuity business
- Influence the use of portfolio governance and the Solutions Development Process (SDP)
- Facilitate portfolio level conversations as prioritization and sequencing decisions are required
- Represent Annuity interests in Steering Committee discussions
- Lead the APG Team, continuing to elevate the current state of our Project Management Office through the oversight of project activity and overall portfolio management
- May work independently as a project manager on specific initiatives
***This role will report to the AVP of Annuity Delivery and is NOT full time WFH (Hybrid options may be available).
The most qualified candidates will possess the following skills:
- Must have an attitude that recognizes we are a part of something bigger than ourselves, strives to be better, and understands the value of a team.
- Proven ability to plan, manage and successfully execute projects, making decisions on highly sophisticated issues with minimal direction.
- Capable of driving effective teamwork, communication, collaboration and commitment across multiple disparate groups with competing priorities.
- Has a ‘can-do’ attitude and is considered a leader by their peers, their leadership team, and their organization.
- Ability to drive for results, deal with ambiguity, and influence across and up.
- Solid analytical skills to support critical thinking in assessing options and formulating recommendations.
- Best-in-class verbal and written communication skills and ability to flex communication style with technical and non-technical audiences.
- Strong knowledge of the end-to-end lifecycle of Annuity products and overall delivery.
- Proven knowledge of project and portfolio management tools.
- Superior organizational, prioritization and time management skills.
This is an H4 band role.
#LI-COLE
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 Director, you'll lead a team of product professionals responsible for product creation and innovation. You will provide expertise to ensure the successful development and maintenance of product solutions. You'll lead key initiatives and product teams to address product strategy and profitability objectives and communicate product/solution strategic direction.
Job Description
Key Responsibilities:
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Leads development and maintenance, including crafting and modeling the features/capabilities of products from beginning to end, with direct responsibility for the products managed from a growth, profitability, capital, and risk perspective.
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Partners with sales leadership and finance to provide cost impact solutions and/or opportunities related to product design options. Develops business cases that support customer acquisition initiatives. Generates multiple solutions that address client/customer needs based on an assessment of the situation.
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Leads product team responsible for driving incremental and adjacent innovation to differentiate products and solutions in the marketplace.
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Proactively identifies new market and business opportunities. Reacts appropriately to competitive landscape and market conditions.
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Serves as liaison, advising across the organization to implement new products and solutions. Looks for alignments or added value from developments across business areas and multiple fields. Facilitates problem resolution across the business.
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Builds strategic relationships to support product delivery, including vendor and partner alliances.
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Assures performance results and expectations as related to the product/solution implementation and business model.
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Develops, produces, and maintains ad hoc and custom sales report analysis. Consults with leadership regarding product trends, provides recommendations regarding sales analysis opportunities.
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Leads key project initiatives for the business in support of initial product offerings, product re-designs or tangential applications such as commissions, new business processing or policy administration.
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Leads team of product professional, including associate development and engagement, salary planning and administration, training and development, organization planning, day-to-day management, hiring and placement and disciplinary actions, as required.
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Facilitates client understanding of various product options and helps to prioritize options.
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Maintains a detailed understanding of pricing, client needs, market needs and sales positioning.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to leader; and leads team of 4 or more product professionals.
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, ten years of relevant experience in a related industry with at least four years in product specific role. Experience leading others preferred.
Knowledge, Abilities and Skills: Solid understanding of products, regulatory framework governing such products and organization knowledge. Demonstrated strategic decision making. Proven ability in the use of analytic tools, plans pricing and products. Demonstrated 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. Proven team building and leadership skills. Ability to influence/lead others.
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: May require moderate 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,
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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.