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Technical Director, Product - Financial Services (Data Director)

Nationwide

Nationwide

IT, Accounting & Finance, Product
Columbus, OH, USA
Posted on Tuesday, July 9, 2024
Are you passionate about being part of a team that delivers extraordinary care to help individuals and businesses prepare for and protect their retirement? If so, then Nationwide Financial 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 position is hiring for a Technical Director role for Data Sharing and Data Governance. The role will be responsible for leading the development and maintenance of our data sharing approach and strategic direction across Retirement Solutions (RS). Partners, Plans and Customers are focused on data sharing and insights from our data, and we have a responsibility to be diligent in what data we share and how we share it to those consumers.

Specific responsibilities of the role include:

  • Align and lead specific business initiatives focused on data distribution or intake of data for use across cross-functional RS areas
  • Partner with IT to properly store and leverage our data and focus on how we can more easily use data within RS in a consistent manner
  • Be product development representative for Generative AI initiatives and projects
  • Partner with Strategic Account Management and other strategic partners to understand, prioritize and meet specific data feed and sharing needs across RS
  • Understand the marketplace and competitive landscape of data sharing standards and expectations
  • Partner with Legal and Compliance to ensure contractual obligations are being met regarding data sharing
  • Accountable for providing specialized guidance on data-aligned initiatives being explored and taking those initiatives through Solutions Development process if needed.

This role is open for remote work with core business hours during East Coast hours.

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Job Description Summary

Our work is essential to helping Nationwide build future capabilities 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 independently and on a team and creating innovative solutions for customers, we want to know more about you!

As a Technical Director, you'll provide expertise leading across functional team(s) responsible for product creation and innovation. You'll lead key initiatives to address product strategy and profitability objectives and communicate product/solution strategic direction.

Job Description

Key Responsibilities:

  • Leads development and maintenance, including crafting and modeling the features/capabilities of products from beginning to end, with direct responsibility for the products managed from a growth, profitability, capital, and risk perspective.

  • Partners with sales leadership and finance to provide cost impact solutions and/or opportunities related to product design options. Develops business cases that support customer acquisition initiatives. Generates multiple solutions that address client/customer needs based on an assessment of the situation.

  • Drives incremental and adjacent innovation to differentiate products and solutions in the marketplace in partnership with cross functional teams.

  • Proactively identifies new market and business opportunities. Reacts appropriately to competitive landscape and market conditions.

  • Provides support and leadership to promote product/solution strategy, design, and management.

  • Serves as liaison, advising across the organization to implement new products and solutions. Looks for alignments or added value from developments across business areas and multiple fields. Facilitates problem resolution across the business.

  • Builds strategic relationships to support product delivery, including vendor and partner alliances.

  • Assures performance results and expectations as related to the product/solution implementation and business model.

  • Develops, produces, and maintains ad hoc and custom sales report analysis. Consults with leadership regarding product trends, provides recommendations regarding sales analysis opportunities.

  • Leads key project initiatives for the business in support of initial product offerings, product re-designs or tangential applications such as commissions, new business processing or policy administration.

  • Facilitates client understanding of various product options and helps to prioritize options.

  • Maintains a detailed understanding of pricing, client needs, market needs and sales positioning.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to leader; may lead cross-department project teams and up to 3 product professionals.

Typical Skills and Experiences:

Education: Undergraduate degree in finance, economics, marketing, or related field preferred. Graduate degree desired.

License/Certification/Designation: Industry designations (e.g., CPCU, ARM, CLU, FLMI, ChFC, CFA, CFP, NASD, etc.) preferred.

Experience: Typically, ten years of relevant experience in a related industry with at least four years in product specific role.

Knowledge, Abilities and Skills: Solid understanding of product design, regulatory framework governing such products and organization knowledge. Demonstrated strategic decision making. Proven ability in the use of analytic tools, plans pricing and products. Demonstrated ability to drive results, navigate ambiguity and to understand strategic objectives. Ability to lead high profile projects. Ability to creatively present ideas in written form and through presentations. Effective verbal and written communication skills. Proven team building and leadership skills. Ability to influence without authority.

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: May require moderate travel.

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 07/19/2024. 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.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.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 Technical Director, Product - Financial Services : $121,000.00-$233,000.00The expected starting salary range for Technical Director, Product - Financial Services : $131,000.00 - $197,000.00