Strategy Lead
Ohio Farmers Insurance Company, Westfield Center, OH, United States
Job Summary
The Strategy Lead is responsible for leading critical processes across the strategy lifecycle including strategy development, strategic planning, and trend monitoring. In this role you will collaborate with leaders such as the Chief Financial Officer and the President & CEO to shape the long-term enterprise strategy. You will also work closely with business segment leadership teams to define and advance the strategies and plans critical to their goals. As part of the strategy function, you will gain approval on strategy process recommendations with the Head of Strategy. In addition, you will collaborate with other teams at Westfield such as business intelligence, financial planning, information technology, marketing, and product management.
Job Responsibilities
Handles the responsibility for the entire process development cycle, including design, execution, and continuous improvement of critical processes to support effective strategy workflows.
Conducts industry trend research, market and competitive analysis, development of new growth opportunities, quantitative analyses and evaluation of value propositions and competitive advantages to provide recommendations that inform strategic choices.
Leads critical workflows for reviewing and updating the enterprise strategy and competitive business strategies of the insurance businesses.
Monitors, evaluates, and analyzes external trends and integrates into strategy development, strategic planning, and competitive business strategy reviews.
Builds and maintains critical processes to support effective strategic planning post strategy development to ensure successful implementation.
Performs inorganic strategy activities including target identification, deal evaluation, deal execution and post-merger integration.
Obtains approval of process recommendations with the Head of Strategy and effectively communicates established processes to appropriate business leaders.
Collaborates with relevant executives to enable the Strategy Committee to assess the execution of competitive business strategies for each insurance business and the performance of non-insurance business.
Effectively guides and instructs business leaders throughout the strategy lifecycle efforts by ensuring understanding of critical processes.
Job Qualifications
2-3 years of experience in a strategy consulting organization or on an internal strategy team is required.
1+ years of experience with strategy development projects (e.g., competitive analysis, market sizing, growth hypotheses exploration, enterprise mission and vision review, and portfolio strategy).
Bachelor's degree required.
Location
Hybrid- defined as working three or more days per week in the office if the employee's residence is within 50 miles of Westfield Center, OH; OR Remote- if the employee resides more than 50 miles from Westfield Center, OH.
Behavioral Competencies
Collaborates
Communicates Effectively
Customer Focus
Decision Quality
Nimble Learning
Builds Effective Teams
Business Insight
Develops Talent
Directs Work
Ensures Accountability
Manages Complexity
Technical Skills
Business Strategy
Insurance Operations
Process Implementation
Project Execution
Capability Assessment
Business Analysis
Workflow Management
Reporting
Data Analysis
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
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Job Responsibilities
Handles the responsibility for the entire process development cycle, including design, execution, and continuous improvement of critical processes to support effective strategy workflows.
Conducts industry trend research, market and competitive analysis, development of new growth opportunities, quantitative analyses and evaluation of value propositions and competitive advantages to provide recommendations that inform strategic choices.
Leads critical workflows for reviewing and updating the enterprise strategy and competitive business strategies of the insurance businesses.
Monitors, evaluates, and analyzes external trends and integrates into strategy development, strategic planning, and competitive business strategy reviews.
Builds and maintains critical processes to support effective strategic planning post strategy development to ensure successful implementation.
Performs inorganic strategy activities including target identification, deal evaluation, deal execution and post-merger integration.
Obtains approval of process recommendations with the Head of Strategy and effectively communicates established processes to appropriate business leaders.
Collaborates with relevant executives to enable the Strategy Committee to assess the execution of competitive business strategies for each insurance business and the performance of non-insurance business.
Effectively guides and instructs business leaders throughout the strategy lifecycle efforts by ensuring understanding of critical processes.
Job Qualifications
2-3 years of experience in a strategy consulting organization or on an internal strategy team is required.
1+ years of experience with strategy development projects (e.g., competitive analysis, market sizing, growth hypotheses exploration, enterprise mission and vision review, and portfolio strategy).
Bachelor's degree required.
Location
Hybrid- defined as working three or more days per week in the office if the employee's residence is within 50 miles of Westfield Center, OH; OR Remote- if the employee resides more than 50 miles from Westfield Center, OH.
Behavioral Competencies
Collaborates
Communicates Effectively
Customer Focus
Decision Quality
Nimble Learning
Builds Effective Teams
Business Insight
Develops Talent
Directs Work
Ensures Accountability
Manages Complexity
Technical Skills
Business Strategy
Insurance Operations
Process Implementation
Project Execution
Capability Assessment
Business Analysis
Workflow Management
Reporting
Data Analysis
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
#J-18808-Ljbffr