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Nationwide Insurance

Product Specialist (Business Development)

Columbus, OH

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!

Compensation Grade: E2 Payband

FINRA Series 6 required within 120 days of start date

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!

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As a Product Specialist, you'll help with initiation, development and maintenance of products with respect to design, profitability and growth. We'll count on you to gather information and make recommendations on pricing and design features, underwriting, agency management, product distribution and/or claims procedures and standards.

Job Description

Key Responsibilities:

  • Assists with development and maintenance of products, from beginning to end, with shared responsibility for the products managed from both a growth and profitability perspective.

  • Analyzes pricing and design features, underwriting, agency management, product distribution and/or claims procedures and standards. Finds opportunities for improvement and makes recommendations to management.

  • Assists in providing support related to the design and management of the product.

  • Utilizes market information to analyze trends and to make recommendation for improvement of products.

  • Researches new tools and technology to improve product performance.

  • Assists in identifying business opportunities. Analyzes financial and statistical data/models to provide recommendations for improvement.

  • May assists on special project teams.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Manager or Director.

Typical Skills and Experiences:

Education: Undergraduate degree preferred. 

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

Experience: Three years of insurance, financial services, marketing, communications or related experience.

Knowledge, Abilities and Skills: Demonstrated responsible decision making. Skilled in the use of analytic tools. Ability to drive for results, deal with ambiguity, communicate well and to understand strategic goals. Effective verbal and written communication skills. Exposure to research, analysis and development, and standards and practices for the selection, evaluation and pricing of product line's risks.

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: Not eligible (Exempt)

Working conditions: Normal office environment. Extended work hours may be required based on workload. May require occasional 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.

Client-provided location(s): Columbus Metropolitan Area, OH, USA
Job ID: ccefcd2a3abd6d20e1a0bfae221749d2fdaed059b8c922e24d368149aebaebde
Employment Type: Other