VP, Product Annuity

Columbus, NE - USA

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Are you passionate about being part of a team that delivers extraordinary care to help individuals and businesses prepare for and protect their future If so then Nationwide Financial could be the place for you! At Nationwide on your side goes beyond just words. Our customers and partners are at the center of everything we do and were looking for associates who are passionate about delivering extraordinary care.

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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 and creating innovative solutions for customers we want to know more about you!

As the VP Product youll have accountability and responsibility for annuity business development and product development activity and business strategy for fixed and immediate annuities fixed indexed annuities and variable annuities. Youll be accountable to the President Nationwide Annuity for new business P&L including profitability and risk profile for these products.

Job Description

Key Responsibilities:

Oversees the research and development of product design requirements. Supports the project implementation team in all facets.
Facilitates client understanding of various product options and helps to prioritize options. Works with Product Risk Committee to gain approval of product design and pricing.
Participates in the pricing process monitoring product statistics and system integrations for assigned product(s). Maintains a thorough understanding of pricing client needs market needs and sales positioning.
Fully supports the Solution Development Process supplying people and knowledge resources to specifically support Phases 1 2 and 7.
Responsible not only for the product development design requirements but in addition responsible for process design requirements as required by the channels through which annuity products are distributed.
Develops administers and monitors resource plans and budgets for the area. Responsible for all related expense planning and reconciliation.
Creates team objectives that are tied to accomplishment of business objectives and facilitates team culture that encourages ownership of team goals.
Serves as a key member of the Annuity Leadership Team and provides input into broader Annuity strategic issues.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to President Annuity.

Typical Skills and Experiences:

Education: Undergraduate degree in a business-related field. MBA desired.

License/Certification/Designation: FINRA Series 6 and 26 may be required. Chartered Financial Consultant Chartered Life Underwriter Project Management designations actuarial designations (FSA MAAA) preferred.

Experience: 10 years of experience in the annuity industry.

Knowledge Abilities and Skills: Strong technical and industry knowledge. Ability to execute and drive.

Other criteria including leadership skills competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring managers leader and Human Resource Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Conditions:

Overtime Eligibility: Not eligible (exempt)

Working Conditions: Normal office environment. Some travel may be .

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.

Benefits

We have an array of benefits to fit your needs including: medical/dental/vision life insurance short and long term disability coveragepaid 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.

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Required Experience:

Exec