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Consultant, Product Development - P&C (Personal Lines Property Insurance Pricing

Nationwide Mutual Insurance Company, Columbus, OH, United States


* Deploy class plans across all states, including prioritization, funding, scheduling, identifying state variances, and managing interactions related to filings and DOI approvals.* Drive the next iteration of the Precision Plus Homeowners rating plan by coordinating end‐to‐end segmentation lifecycle activities such as competitive analysis, scoping, modeling, funding, implementation, and performance monitoring.* Serve as the primary business contact and SME for rating plan elements, collaborating across teams on filing objections, product inquiries, process considerations, and impacts to the customer and agent experience.* Personal Lines Insurance experience* Experience from within P&C Product Management, Product Development, Actuarial/Pricing, or Underwriting* Ability to lead working groups and manage complex initiatives with multiple stakeholders* Experience with Homeowners, Tenants, and Condominium rating and product features* Knowledge of rate filings, regulatory processes, and DOI interactions* Background in competitive analysis and rating segmentation strategies* High-level understanding of how rating factors are developed by actuarial and modeling teams* Leads new business development and implementation projects. Provides leadership to all functional areas related to product design and management. Makes recommendations based on in-depth functional knowledge and opportunities for improvement.* Develops and implements strategic business rules that support business requirements. Reviews pricing, design features and associated processes. Partners with underwriting to develop standards and guidelines.* Develops and drives key initiatives related to growth and profitability. Manages strategies related to multiple product growth and profitability objectives. Coordinates product strategy with sales, agency management, field product and marketing.* Develops and controls timelines, including regularly re-assessing risks, throughout project life. Revises project plans on an ongoing basis to maintain alignment with other projects and/or business strategy.* Leads the process of analyzing market information on competitors. Proactively identifies product opportunities.* Leads the coordination, development and implementation of new product training.* Responsible for internal and external resource management, budgeting and cost containment.* Provides market analysis tools and global data to the regions. Completes a national product analysis regarding performance, financial results, profitability, business mix and competition. Designs forecasting models and functions as a technical specialist on product issues. Communicates financial objectives and results.* Guides the exploration, sponsoring and evaluation process of new product performance tools and technology enhancements. Accountable for the quality and effectiveness of rate change and system improvement implementations. Coordinates process change improvements. May provide input to appropriate functional areas to develop business specifications.* Leads the rate review, filing and communication process for new development initiatives. Coordinates product recommended implementations. Initiates action plans to improve and/or maintain product performance. Ensures underwriting guidelines align with rate plan changes and corporate strategy.* Designs and implements state level product strategy and communication plans throughout the organization. Assures effective communication to appropriate product leaders and functional areas of the organization.* Proactively seeks out opportunities to interact with other business partners while developing cross functional knowledge in claims, sales, marketing, pricing, operations, underwriting and finance. Acts as a mentor to business partners.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,At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can *feel* the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we're , too, and let us know – #J-18808-Ljbffr