Sr. Consultant, Emerging Insurance Solutions jobs in United States
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Nationwide · 15 hours ago

Sr. Consultant, Emerging Insurance Solutions

Nationwide is a Fortune 100 company focused on helping people protect what matters most to them. They are seeking a Sr. Consultant in Emerging Insurance Solutions to identify product opportunities, collaborate with various stakeholders, and design innovative offerings that align with organizational goals.

BankingFinancial ServicesInsuranceLife Insurance
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H1B Sponsor Likelynote

Responsibilities

Proactively identify product, program, and alternative risk solution opportunities in existing and new markets, aligning them with organizational goals and market conditions
Translate business, consumer, and end-user needs into products, services, and experiences that deliver value using frameworks such as desirability, feasibility, viability, and build/buy/partner
Assist in policy form structure and content development, ensuring underwriting intent is accurately reflected in language
Evaluate product and profitability impacts of policy form language and maintain knowledge of standard industry forms, rules, ratings, and proprietary products
Lead development and implementation of new product delivery components, including underwriting guidelines, rates, forms, endorsements, and procedures
Institutionalize learning from productive failures and foster an entrepreneurial mindset throughout the innovation process
Monitor industry trends, startups, and technology developments; anticipate future movements and communicate insights to stakeholders
Attend industry functions to promote the brand and identify new business opportunities
Act as a resource for guidance and training for less experienced staff; may oversee underwriting and support personnel
Maintain knowledge of insurance regulations and provide consulting on legislative impacts
Structure and deliver presentations and memos to communicate benefits of potential opportunities to leadership
Balance multiple projects, independently, across various lines of business while maintaining quality and timeliness

Qualification

Product developmentInsurance regulations knowledgeFinancial analysisData managementProject managementAnalytical skillsCommunication skillsProblem-solvingCollaboration

Required

Undergraduate studies in business administration, risk management, economics, finance/accounting, data science, statistics
Typically, 10 or more years of customer-facing consumer or business product development and product management experience, including defining, launching and optimizing products and services
Professional and management experience in insurance value chain either with a carrier, a broker/distributor, risk manager, or InsureTech
Experience leading large, company-wide projects and in the technical aspects of data management, imaging and procedures and processes
Familiarity with regulatory compliance and insurance policy language development
Outstanding written and verbal communications
Strong analytical and quantitative skills with the ability to use data and metrics to back up assumptions, recommendations, and drive actions
Able to adapt to a fast-paced environment
Strong problem-solving and decision-making skills
Highly capable of communicating, negotiating and interacting with senior leadership, internal and external partners

Preferred

Advanced degree preferred
Job – Industry specific certifications such as PMP (Project Management Professional), AIPD (associate in insurance Product Development), CPCU (Chartered Property Casualty Underwriter), RIMS Certified Management Professional (RIMS-CRMP) desired
Exposure to technology-driven solutions and startup ecosystems is a plus
Legal knowledge related to insurance, contract and business law is valuable

Benefits

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.

Company

Nationwide

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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.

H1B Sponsorship

Nationwide has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (8)
2022 (2)

Funding

Current Stage
Late Stage

Leadership Team

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Jim Grafmeyer
VP, Chief Enterprise Architect
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Tony Fenton
Vice President Commercial Lines Underwriting & Product - Commercial, E&S and Specialty
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Company data provided by crunchbase