Analyst, Portfolio Management - P&C (Commercial Middle Market Insurance)

If you’re passionate about helping people protect what matters most to them, as well as innovating and simplifying processes and operations to provide the best customer value, then Nationwide’s Property and Casualty team could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This opening can be filled in a remote/work-from-home (WFH) capacity or in one of our offices.

This portfolio management role is a key member of our Portfolio/Product Management team, optimizing analytical support for the Commercial Middle Market Field organization.  

Proficiency in Excel and Power BI / Tableau are a required for consideration, while coding ability in different languages and applications is preferred (Databricks, Dataiku, SQL, R/Python).  Prior experience within the Insurance and/or Financial Services industry is strongly preferred.  

This role does not qualify for employer-sponsored work authorization.  Nationwide does not participate in the Stem OPT Extension program.

Compensation Grade: D3

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Job Description Summary

If you are driven to develop real business intelligence from data to inform business decision-making, and can communicate complex issues in an understandable and relevant way, we want to know more about you! Working on our team offers the opportunity to influence the business mix and help Nationwide meet and exceed the needs of our customers in the marketplace today and into the future.

As an Analyst, you'll provide detailed data analysis in support of our Product Management team. With support and under direct supervision, you'll extract and analyze data to highlight issues requiring attention and support their resolution. We'll count on you to work on cross functional teams on projects, systems, workflows and processes.

Job Description

Key Responsibilities:

• Gathers information from multiple sources, according to company guidelines, to perform analysis. May require gathering verbal information from internal subject matter authorities or partners and data through reports or other external published or non-published electronic means.

• Analyzes data from various business processes, including pricing, underwriting, agency management, product distribution and claims. Applies judgement, understanding and curiosity to data to develop effective recommendations. Selects the appropriate formats to explain and share data.

• Completes assigned analysis and tasks within established time and service standards.

• Determines necessary steps to process work. Defines data sets, data sources and assumptions needed to complete the analysis. Determines most appropriate format to display data.

• Consults with leader and product manager regarding outcomes of analysis work and ideas. Provides support as needed to internal partners on technical issues.

• Communicates with internal and external business partners by requesting or providing requested information.

• Builds and strengthens relationships with peers and internal partners to support completion of ongoing assignments.

• Participates in training classes, department and company meetings. Pursues additional education to increase technical, personal and professional knowledge and skills.

May perform other duties as assigned.

Reporting Relationships: Reports to Product Director/Manager. No direct or indirect reports.

Typical Skills and Experiences:

Education: Bachelor’s degree in insurance, actuarial science, mathematics, risk management, economics, finance, accounting, business administration or related field preferred.

License/Certification/Designation: Progress toward CPCU, AU CIC, INS ARM, Actuarial exams or similar designations preferred.

Experience: One year of experience in property and casualty insurance or related area and experience with data analysis preferred.

Knowledge, Abilities and Skills: Working knowledge of analytical tools, basic knowledge of core business functions, best underwriting practices, performance measurement techniques and systems required. Basic knowledge of related pricing, marketing, company operations and products. Strong word processing, spreadsheet and presentation software skills. Ability to analyze data, identify underlying issues, devise alternative solutions, select most appropriate action and follow through to completion. Strong verbal and written communication skills necessary to interact with internal and external contacts. Ability to organize and present detailed analysis, information and concepts. Ability to prioritize own work/time.

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

Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Conditions:

Overtime Eligibility: Exempt (Not Eligible)

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

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 01/31/2025. 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 Analyst, Portfolio Management - P&C : $43,400.00-$89,400.00

The expected starting salary range for Analyst, Portfolio Management - P&C : $48,200.00 - $72,200.00