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Job Title: Business Program Manager - Innovative Financial Products
About the Role:
Nationwide is embarking on an exciting journey to create a new division focused on developing innovative financial products. These products will be distinct from traditional property and casualty or life insurance offerings, positioning us at the forefront of the financial services industry. We are seeking a dynamic and strategic Project Manager to lead this initiative.
Key Responsibilities:
Strategic Leadership: Drive the development and implementation of new financial products, leveraging Nationwide’s investment expertise.
Process Creation and Standardization: Establish and refine processes to ensure efficiency and consistency across the new division.
Collaboration: Work closely with senior leaders and cross-functional teams to shape the future of Nationwide’s product offerings.
Innovation: Foster a culture of continuous learning and curiosity, encouraging innovative solutions and approaches.
Influence and Presence: Utilize strong interpersonal skills to influence stakeholders and drive project success.
Key Competencies:
Strategic Thinking: Ability to see the big picture and develop long-term strategies.
Influence: Strong ability to persuade and motivate others.
Curiosity: A natural inclination to explore and learn.
Continuous Learning: Commitment to personal and professional growth.
Presence: Confidence and poise in interactions with senior leaders and stakeholders.
Preferred Experience:
Financial Services Background: Experience as an actuary, investor, or similar role within the financial services sector.
Structured Credit Deals: Familiarity with structured credit deals and related financial instruments.
Project Management: Proven track record of managing complex projects from inception to completion.
Why Join Us?
This is a unique opportunity to build and lead a new business within the supportive environment of a well-established company. You will have the chance to work with senior leaders, influence the direction of Nationwide’s product offerings, and make a significant impact on the company’s future. If you are a strategic thinker with a passion for innovation and a background in financial services, we want to hear from you!
This position can be staffed remote, although there is a preference for the individual to work from the Columbus, OH office. This role will be staffed at the internal H3 pay band.
Job Description Summary
We are a versatile group of individuals, working together to meet the needs of our customers. We value knowledge, strong business savvy and contributing to a stellar team environment. If you thrive in a busy, engaging work environment, we want to know more about you!
As a Senior Consultant, you'll direct the strategic alignment and success of major corporate programs and initiatives. You will prioritize, approve and ensure the completion of new product development, design of new processes, adoption of new strategies and/or programs within time, budget and specification constraints. You'll provide a single point of contact integration for individual projects into larger program management on a corporate-wide basis.
Job Description
Key Responsibilities:
Directs the evaluation of proposed business development efforts, including the coordination of initial program/project proposals and charters. Recommends to senior management if program/project strategically aligns with the organization's strategy and objectives.
Consults with leadership and assigned project team to identify scope/specifications and business needs, writes proposals, prepares risk assessments and establishes budgets and timeframes for major programs and team based activities, with the goal of ensuring alignment with corporate strategy and objectives.
Determines the allocation and funding for programs/projects and their initiatives.
Directs the development of business perspective work plans to identify needed resources to deliver program/project charters, requirements, user acceptance testing strategies, training and system implementation.
Monitors and assesses all projects and pivotal initiatives and communicates status to senior leadership. Ensures and leads the communication to and incorporation of feedback from customers on proposed, developing and completed projects and initiatives. Evaluates all related vendor deliverables.
Handles the interfaces between projects, acting as a liaison between project managers and directors, to ensure collaboration and coordination between business unit leadership, program/project development staff, senior management, Nationwide Technology, customers and, if necessary, vendors and outside consultants.
Identifies technology and human resource commitments across the organization. Provides feedback and makes recommendations to assist in prioritization, formation of cross-functional and/or customer-integrated teams and the reallocation of resources when necessary.
Identifies gaps, overlaps, conflicts and timelines, as well as budgetary and resource barriers, which affect programs and projects individually and as a whole. Facilitates resolution, mitigation and appropriate elevation. Maintains a log of common issues, risks and changes to promote organizational learning and proactive response.
Develops, implements and maintains consistent program/project management methodologies and standards for use in the assigned business unit leadership and associated business units.
Consults and coaches leaders and team members throughout business units on new trends, practices and procedures and tools.
Acts as a liaison to program management staff in other areas of Nationwide and integrates the workflow in these areas in support of company and business unit strategy.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Officer; may manage team of up to three associates.
Typical Skills and Experiences:
Education: Undergraduate degree required with studies in business, insurance or related field preferred. MBA or other graduate level education equivalent is desired.
License/Certification/Designation: Project Management Certification is strongly preferred. Industry designations such as CPCU, CLU and/or ChFC are highly desired.
Experience: Ten or more years of related project/program management experience.
Knowledge, Abilities and Skills: Proven knowledge of project management tools, concepts, and methodologies. Demonstrated proficiency in key competencies of effective program/project management. Effective interpersonal skills for interaction with project managers, senior leadership and program steering committees. Ability to manage large, sophisticated programs/projects. Must have the ability to maintain focus on the holistic focus of a program and integrate the separate projects together. Ability to influence change.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the business unit Vice President and Human Resources Vice President.
Values: Regularly and consistently demonstrates Nationwide Values.
Job Conditions:
Overtime Eligibility: Not Eligible (Exempt)
Working Conditions: Normal office environment. Occasional travel. Non-standard or extended work may be required based on project needs. Must have a valid driver’s license with satisfactory driving record in accordance with Nationwide standards.
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.
We currently anticipate accepting applications until 10/11/2024. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.
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, click here.
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.
This position could be filled within any of the lower 48 U.S. states.
Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.
For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.
The national salary range for Sr Consultant, Business Program Management : $107,000.00-$207,000.00
The expected starting salary range for Sr Consultant, Business Program Management : $116,000.00 - $176,000.00
