AVP - Finance & Pricing

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! 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.

Please Note: This position is open to working remotely in the United States.

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Job Description Summary

Our Property & Casualty (P&C) Finance organization offers an opportunity to drive strong business results through collaboration and innovation, leverage state of the art tools, and the potential to make an impact on a daily basis. If this sounds like a place you could thrive, then we want to know more about you!

As AVP, Finance and Pricing for our P&C Financial Lines, you’ll oversee financial decision support for our MLS and eRisk product portfolios. In this high-impact role, you will lead a cross-functional team responsible for pricing strategy, actuarial modeling, and financial planning, while serving as a key advisor to senior leadership teams. You’ll play a pivotal role in shaping the future of our business by developing and implementing advanced pricing practices, optimizing risk-return strategies, and ensuring financial accuracy across actuals, forecasts, and plans.

Job Description

Key Responsibilities: 

• Leads and manages financial business decision support across the MLS and eRisk product portfolio. This includes both actuarial pricing and modeling functions along with strategic financial support.

• Develops and leads implementation of new pricing practices at the account and portfolio level as necessary. Serves on several regional and cross-functional teams and provides pricing related consultation to drive profitability and enable effective segmentation and risk monitoring.

• Develops strategies designed to balance long-term growth, profitability, competitiveness, and risk management supporting Property & Casualty (P&C) Standard Commercial lines of business.

• Maintains deep awareness of industry trends and developments, competitor information, and the voice of the customer to develop the risk, return, and product management strategies to achieve strategic profitability goals.

• Proactively monitors business performance against forecasts and assumptions. Serves as cross-functional subject matter expert to align efforts and resources to highest impact priorities.

• Develops the operating plan and supporting budgets to design prioritization and funding of strategic and tactical initiatives based on alignment with business plans and strategies.

• Serve as an active member of MLS and eRisk leadership team(s) and expected to provide financial and business thought leadership and insights into business performance and operational plans in support of short- & long-term business objectives. Actively participate in the development of the tactical and long-term strategic business plans. Create and/or continuously improve financial models/tools.

May perform other responsibilities as assigned. 

Reporting Relationships: Reports to VP, CFO - E&S/Specialty & Commercial Lines. Manages a team of 4-6 Finance and Actuarial professionals. Potential for 10-15 indirect reports.

Typical Skills and Experiences: 

Education: Undergraduate studies in actuarial science, business, finance, mathematics, economics preferred. MBA preferred.

License/Certification/Designation: Industry credential preferred (FCAS, ACAS, CPA, CPCU)

Experience: Typically, ten or more years of finance experience in alternative risk. Typically, three or more years of managing a team.

Knowledge, Abilities and Skills: Proven extensive knowledge of property and casualty business operations, financial systems, insurance accounting, and financial reporting (GAAP and Statutory). Demonstrated strong financial and technical insurance skills, excellent communication abilities, and demonstrated critical and creative thinking. Proven leadership, including the ability to lead with courage and emotional intelligence, is essential. Must be adept at talent development, building business cases, and providing executive-level recommendations.

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 the Nationwide Values.

Job Conditions: 

Overtime Eligibility: Not Eligible (Exempt). Some travel may be required.

Working Conditions: Normal office environment.

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 10/16/2025. 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

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.

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. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.The national salary range for AVP, Finance & Pricing - P&C Financial Lines : $162,000.00-$320,000.00The expected starting salary range for AVP, Finance & Pricing - P&C Financial Lines : $171,000.00 - $287,000.00