AVP, Finance – Commercial Lines Planning And Decision Support

AVP, Finance - Commercial Lines Planning And Decision Support

Do you have a big picture point of view as well as a keen eye for details? Our success depends on staying ahead of the curve, making sure our businesses and leaders are on top of financial trends and changes. If you are a highly skilled business professional, who can develop and communicate financial information and forecasts, we want to hear from you! As the AVP, Finance Commercial Lines Planning And Decision Support leader, you'll oversee the actual and forecasted financial results analysis, reporting, and communications, as well as the Performance Management & Analysis (Pma) for P&C's Commercial businesses, including Commercial Lines, E&S/S and Nwag. We'll count on your combination of financial reporting, Pma, and assumption setting expertise to influence business strategies, tactics, and product pricing in partnership with leadership.

Key Responsibilities:

• Develops methodologies for key performance management metrics to measure and monitor Commercial Lines growth, profitability, and risk that are used by senior leadership in making informed business, financial, and capital allocation decisions.
• Oversees reporting of actual financial results while partnering with the P&C Actuarial, business unit insights, and centralized Pma teams to create, understand, and explain actual financial results for the business.
• Oversees Pma activities including, but not limited to, business performance analysis and recommendations, complex financial analysis, business case development/validation/monitoring, interactions/partnership with key business leaders/influencers, and financial support on product development efforts.
• Provides reporting for both actual and projected financial results. Partners with Planning and Forecasting teams to facilitate the sign off on complex business calculations necessary for actual and projected financial results and actuarial values. Communicates and explains actual and projected financial results to P&C stakeholders to support financial based decision making, including the CFO and Controllership.
• Drives continued evolution of financial reporting processes, approaches, and methodologies, leveraging evolving infrastructure to improve efficiency and increase insights.
• May be responsible for or support in-force management of the business, including rate setting and review, as well as analysis of past and expected profitability supporting in-force management and regulatory compliance.
• Keeps up to date with industry developments on the use of predictive analytics, leveraging any insights for use in pricing and in-force management.
• Supports talent recruiting and development for the P&C Finance job families. Oversee associate management including performance management, salary planning and administration, training and development, workflow and organization planning, day-to-day management, hiring and placement, and corrective actions for direct and indirect reports.

Reporting Relationships: Reports to VP, CFO – Commercial Lines. Manages a team of 3-5 professionals. Indirect team of 10-15 professionals.

Typical Skills and Experiences:

Education: Undergraduate degree in accounting, finance or related fields, advanced studies (e.g., MBA) preferred.

Experience: Typically, 10 or more years of experience in financial planning and analysis, pricing or other key finance functions.

Knowledge, Abilities and Skills: Ability to identify needs of the organization and develop a multi-year strategic plan. Strong demonstrated ability to collaborate across teams and influence to achieve goals. Ability to attract, hire and develop strong talent. Strong verbal and written communication skills, including the ability to build and defend a business case, provide executive level recommendations and reporting. Demonstrated ability to comprehend/explain finance concepts and other advanced technical concepts. Ability to assimilate information and make recommendations based on a combination of factors. Foundational knowledge of technology and finance data and tools.

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).

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 09/26/2025. 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.

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.