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AVP, Strategic Innovation

Nationwide

Nationwide

Columbus, OH, USA
Posted on Tuesday, June 4, 2024
If you're passionate about helping a Fortune 100 company drive their strategy forward through innovative product development and advancing strategic partnerships to protect customers (and their pets), then Nationwide's Strategy and Corporate Development Office might 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.

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

#LI-ML1

Job Description Summary

As the Associate Vice President (AVP) of Strategic Innovation, you will play a critical role in identifying new and emerging customer, technology, and business trends, and driving innovation initiatives to improve customer satisfaction, increase adoption of capabilities, and develop new products and solutions at Nationwide. You’ll focus on customer-driven, technology-driven, and strategy-driven innovations that are enterprise wide efforts, with a focus on developing product strategy, outcomes, and success metrics.

Job Description

Key Responsibilities:

  • Partner with technology innovation and the Office of Corporate Strategy to outline the path for the development and experimentation of new capabilities.

  • Identify customer needs and develop solutions that can be leveraged and reused across the enterprise to improve customer satisfaction.

  • Develop new product roadmaps and innovative solutions to address industry challenges and drive business growth.

  • Be seen as an entrepreneur and intrapreneur, evangelizing new ways to gain market share, reduce customer friction, and ultimately drive greater revenue and net income for the company.

  • Create processes, funding mechanisms, and metrics to highlight and outline the value driven by initiatives. Execute initiatives with rigor and financial discipline, developing roadmaps, metrics, goals, and a robust execution plan to position the company as a thought leader in the use and adoption of emerging capabilities driving business value.

  • Build and create partnerships with external companies to support innovation and drive new sources of value.

  • Champion new trends impacting and disrupting the industry to advance our businesses and enterprise needs, staying ahead of the curve in an ever-evolving landscape.

  • Lead a team of associates, providing support for their professional development and managing the performance of the team. Foster a collaborative and innovative team culture to drive results and achieve strategic objectives.

May perform other responsibilities as assigned.

Reporting Relationships: This job reports to Leader, Emerging Capabilities, Strategic Innovation and Partnerships. Leads a team of 8-10 direct reports.

Typical Skills and Experiences:

Education: Bachelors degree in business, marketing, technology or related discipline; advanced degree preferred.

Experience: Typically, 10 or more years proven experience in innovation management, business development, and/or strategic partnerships with experience in creating new and innovative products, services, experiences, and/or businesses, or cross functional teams in corporations and/or processes. Broad-based exposure to the Financial Services Industry is desirable.

Knowledge, Abilities, and Skills: Understands how to build and create new partnerships, and how to develop enterprise level capabilities from a nascent stage to maturity. Entrepreneurial spirit with demonstrated ability to navigate and be a voice of the future. Test and learn mindset. Goal oriented. Good understanding of trends and applicability to the Financial Services and P&C industries. Experienced in launching new capabilities. Able to prioritize and identify critical areas, metrics and is value driven. Demonstrated thought leader in the development of new out of the box solutions. Have a passion for changing the status quo, risk taking, influencing through collaboration and competence. Demonstrated ability to identify and capitalize on business opportunities through strategic partnerships.

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.

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office conditions. Some 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 06/13/2024. 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.#marketingSmoke-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.pdfNationwide 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 AVP, Strategic Innovation : $159,000.00-$313,000.00The expected starting salary range for AVP, Strategic Innovation : $167,000.00 - $279,000.00