Reviews competitor filings and collect input from the field about competitor changes. Consolidates and reports on information.
Reviews monthly Profit & Loss statements and other monthly reports, working with State Managers, to identify root causes for variances and emerging trends.
Monitors and reports on progress toward financial goals (Growth, CR, LR, Retention).
Identifies trends and changes needed to ensure profitable growth.
Works with State Managers to implement state-specific strategies to meet or exceed profit and growth targets.
Monitors financial results, quoting activity, and conversion rate.
Supports state manager with quarterly state forecast reviews.
Communicates results effectively and in a professional manner.
Understands how source data impacts reporting and analysis
Coordinates and facilitate communication across functions.
Completes ad hoc requests for the State Managers in a timely fashion.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Sr State Product Manager - Personal Lines or State Product Manager - Personal Lines. Individual contributor role.
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: Three years of experience in property and casualty insurance or related area and experience with data analysis preferred.
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 HR Business Partner. Depending on level, the approvers may change.
Values: Regularly and consistently demonstrates Nationwi
Benefits
Vision insurance
Additional Information
If you're passionate about helping people protect what matters most to them at a Fortune 100 company with nearly $70 billion in annual sales, 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 and partners are at the center of everything we do and we're looking for associates who are passionate about delivering extraordinary care.
There are four Senior State Product Analyst roles open.
Ideal candidates would demonstrate:
Proven quantitative analysis skillset
An ability to generate clear, data-driven insights
Excellent communication skills
P&C industry experience preferred
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, working on a team and creating innovative solutions for customers, we want to know more about you!
As State Management Sr Analyst, you'll provide analytical support and project leadership to help State Managers achieve strategic goals. With limited oversight, you'll gather, compile, and analyze financial and performance data to identify trends and opportunities. You'll participate in project work, prepare standard and ad hoc reporting, and contribute to initiatives that position products for profitable growth. Your work will include implementing processes related to financial planning, rate reviews, market development, and communication. You'll support regional and corporate objectives through ongoing analysis and monitoring of results to ensure alignment with business goals.
Job Description