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VP, Property & Casualty Finance Transformation

Remote: 
Full Remote
Contract: 
Salary: 
209 - 349K yearly
Experience: 
Expert & Leadership (>10 years)
Work from: 
Ohio (USA), United States

Offer summary

Qualifications:

Undergraduate degree in finance or accounting, MBA preferred, 10+ years related experience, Certifications such as CPA or AFAS preferred.

Key responsabilities:

  • Lead transformation initiatives for PC Finance
  • Oversee budgeting and performance metrics management
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Nationwide Insurance XLarge https://www.nationwide.com/
10001 Employees
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Job description

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 for suitable candidates.

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Job Description Summary

As VP, Property & Casualty Finance Transformation, you will effectively design, create, and drive transformation across the P&C organization focused on performance management & analysis (PM&A) finance initiatives that significantly contribute to Nationwide’s objectives. You’ll have end-to-end accountability for the successful implementation of Finance Transformation, with a goal to improve the capabilities for greater analysis and improved decision making, and the optimization of processes, roles, and responsibilities. We’ll count on you to lead the modernization initiatives to leverage new and existing tools and technologies to transform the use of data, automation, advanced analytics, and reporting capabilities, and will advance capabilities in and develop opportunities for predictive analytics beyond dependence on Nationwide’s own historical experience.

Job Description

Key Responsibilities:   

  • Develops and executes the vision for the P&C Finance organization, leading teams to design and implement solutions that meet business needs and drive capability improvements. 

  • Oversees the preparation and management of multi-year budgets and expense plans, ensuring alignment with P&C’s strategic and operational goals. Monitors and adjusts spending to support changing conditions and identify cost-saving opportunities. 

  • Establishes and tracks performance metrics, targets, and leading indicators to monitor progress toward strategic goals. Leads expense benchmarking and long-term efficiency strategy planning and execution. 

  • Leads the redesign of P&C Finance PM&A operations, tools, and platforms, optimizing processes, roles, and responsibilities. Acts as the business delivery executive for the PM&A Transformation program, leveraging technology to meet business needs. 

  • Ensures the alignment and integration of individual work streams and projects to achieve overall program benefits. Partners with program leads to maintain consistency and integrity of business goals and processes. 

  • Partners with product, strategy, and business leaders to establish strategic planning processes and support data flow and systems requirements. Provides thought leadership in system environment development, actuarial and financial methodologies, and complex process management. 

  • Actively participates in and influences the product development processes and supports operational teams in the business decision process. Develops and validates all assumptions including expenses and customer behavior. 

  • Develops and cultivates an engaging environment for associates that supports both personal and professional development and growth. Works across the organization on training, talent acquisition and development. 

May perform other responsibilities as assigned.   

 

Reporting Relationships: Reports to SVP, Chief Financial Officer – Property & CasualtyManages a team of four or more direct reports and fifty indirect reports.   

 

Typical Skills and Experiences:   

 

Education: Undergraduate studies in finance or accounting. MBA Preferred 

 

License/Certification/Designation: FCAS, ACAS, CPA or similar certifications preferred. Progress toward or completion of CPCU, CLU, or similar designations a plus. 

 

ExperienceTypically, ten years or more related experience in pricing, actuarial, product, advanced analytics. Prior management experience. 

 

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 Human Resource Business Partner. 

 

Values: Regularly and consistently demonstrates Nationwide Values. 

 

Job Conditions:   

 

Overtime Eligibility: Exempt (Not Eligible) 

 

Working Conditions: Normal office environment.  

  

ADA: The above statements cover what are generally believed to be principal and essential functions of this jobSpecific 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 12/20/2024. 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.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 VP, Property & Casualty Finance Transformation : $209,250.00-$348,750.00

The expected starting salary range for VP, Property & Casualty Finance Transformation : $209,250.00-$348,750.00

Required profile

Experience

Level of experience: Expert & Leadership (>10 years)
Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Team Leadership
  • Communication

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