Nationwide Model Owner, Sr. Director NWAG Product Analytics in Des Moines, Iowa
If you’re passionate about becoming a Nationwide associate and believe you have the potential to be something great, let’s talk.
Number 54 on the Fortune Magazine 100 Best Places to Work.
This role bridges the technical expertise of data engineers and data scientists with the operational expertise within Nationwide. This leadership role ensures that deep insights generated through sophisticated analytics translate into impact at scale in the organization. The position draws on domain knowledge to help business leaders identify and prioritize their business problems, based on which will create the highest value when solved, and then leverage working knowledge of advanced analytics (e.g., artificial intelligence, machine learning, etc.) to convey these business goals to the data science professionals who will create the models and solutions.
Reporting Relationships: This role will report and/or have matrix reports to business operation leaders, enterprise analytics office and/or VP, Analytics and Pricing Development. May have up to 2 direct reports. Team will be comprised of data scientists and project managers. Team may directly or indirectly report to this leader role depending on talent and business needs.
Core Duties and Responsibilities:
Responsible for aligning the strategy to develop new modeling and data analytic enhancements, which support new and existing segmentation which drive/inform pricing, sales &distribution, underwriting and/or claims practices. This includes oversight for the actuarial/statistical methodologies, machine learning and artificial intelligence as a part of advanced analytics efforts, and ensuring those analytical efforts are well-defined and executed.
Partner and influence business leadership to design solutions and products to meet customer needs while at the same time assessing the risk adjusted return on capital and meet regulatory constraints.
Provide oversight and direction of evaluation, updating, and maintenance of models and assumptions as experience emerges. Models could cover a range of applications in product, pricing, underwriting, sales, marketing, claims or other areas. Could include capital models and development of approach to implementing targeted return framework for a given product. As a part of this, advise and inform business, finance and risk management leadership of recommended product or process changes to improve model effectiveness and drive profitable growth.
Influence, educate and motivate a cross functional team to deliver analytics results; team may be virtual or direct reports. At any given time, expectation is the role will be responsible for developing 1-2 advanced analytics models, and will be accountable for some ongoing oversight of models once developed. Role also requires the ability to communicate and influence to gain top-down support as well as business and risk management leadership approval for specific recommendations and investments.
Performs other duties as assigned.
Typical Skills and Experiences:
Education: Degree in a relevant field preferred (e.g. Data Science, Engineering, Information Systems, Computer Science, etc.) plus ideally an advanced degree.
Experience/Skills:Highly prefer 10 years of experience working in an analytics-centric business environment. An excellent ability to identify sources of value from advanced analytics to define paths and realizing value. Deep understanding of fundamental machine-learning principles. Familiar with machine-learning technologies and tools.
A minimum 5 years of people leadership background is required. Ideal candidate possesses strong leadership competencies including verbal and written communication, team collaboration, influencing others, coaching and development, and building organizational talent.
Critical thinking, results orientation, and advisory skills are also critical. This leader often must solve complex business problems directly or provide technical advice to assist others who are responsible. He/she must be able to think on his/her feet, often providing guidance in the absence of complete information.
Experience with external relationships, such as industry or professional groups, consultants, or other third parties through which the company works is strongly preferred. The ideal candidate is someone whom is comfortable and capable representing the organization equally with internal and external stakeholders.
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 the Nationwide Values and Guiding Behaviors.
Overtime Eligibility: Not Eligible (Exempt)
Working Conditions: Normal office conditions
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.
Additional Job Description
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.
Job ID: 53240