VP, CFO - Group Benefits and Pet

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.

Job Description Summary

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 VP, CFO for Group Benefits and Pet, you’ll be responsible for leading financial product and pricing strategy, valuation, planning, and performance management to drive sustainable growth, profitability, and risk mitigation. You’ll lead a team that provides financial management to the businesses including timely, accurate, and actionable financial data, business and industry insights, pricing and underwriting leadership, and financial reporting and planning. You’ll partner and consult with business and matrix leadership on the development and execution of strategies that effectively position the businesses in extremely competitive industries. You’ll also be a member of Nationwide Financial’s (NF) Group Benefits Business Team, Corporate Solutions Finance Leadership Team, and the NF Extended Leadership Team.

Job Description

Key Responsibilities:

• Serves as a key influencer and participant in the development and execution of strategies for Nationwide Group Benefits and Pet that are designed to balance long-term growth, profitability, competitiveness, and risk management in the businesses. Develops analytics, recommendations, and portfolio solutions in support of product management, pricing, operational capabilities, and risk/return constraints.  Responsible for gaining Product Risk Committee and NF Risk Committee approval when necessary.

• Leads strategic evaluation and execution of acquisition opportunities to expand the Nationwide Group Benefits segment. Establishes clear investment criteria and strategic guardrails to guide corporate development activities.

• Drives accelerated growth in the Pet insurance segment while maintaining disciplined risk management. Develops and implements strategies to expand market share, enhance product offerings, and optimize distribution channels. Ensures growth initiatives are aligned with enterprise risk appetite and profitability targets

• Leads the businesses planning processes. Provides thought leadership, financial forecasting support, and key initiative reporting for the strategic plan. Develops the annual operating plan and supporting budgets (departmental, non-departmental, corporate allocation projections); and drives prioritization and funding of strategic and tactical initiatives based on the alignment with business plans and strategies.

• Provides oversight and leadership to financial analytics and insights including financial modeling & analysis, acquisition/adoption analysis, product profitability and pricing, regulatory compliance and Board reporting, case retention and other ad-hoc requests, to ensure appropriate support of the management decision process.

• Assesses and quantifies business risks and develops and implements risk management strategies, including reinsurance use and performance, in support of business tactics and goals. Monitors financial business performance against forecasts and assumptions; develops and assesses opportunities to support business decisions for resource allocation and prioritization around product development and innovation efforts. Analyzes distribution channel and firm profitability.

• Actively participates in and influences the product development processes and supports operational teams in the business decision process. Manages and maintains pricing models and recommendations and develops and validates all assumptions including expenses and customer behavior.

• Develops and cultivates an engaging environment for Group Benefits and Pet Finance associates that supports both personal and professional development and growth. Works across NF Finance on talent training, talent acquisition and development.

May perform other responsibilities as assigned.

Reporting Relationships:  Reports to VP, CFO – Corporate Solutions. Leads a team of 4-7 direct reports and approximately 50 indirect reports.

Typical Skills and Experiences:

Education:  Bachelor’s degree in Finance, Accounting, Mathematics, or related field. MBA preferred.

License/Certification/Designation: FSA, CPA or similar certifications preferred.

Experience: Typically, 15+ years of progressive financial leadership experience, including at least 10 years in a senior executive role within a large, complex organization.

Knowledge, Abilities and Skills: Deep understanding of financial forecasting, budgeting, and strategic planning. Expertise in GAAP and regulatory compliance. Knowledge of capital structure, investment analysis, and risk management. Understanding of the financial services industry, insurance, and investment management. Ability to lead large, cross-functional teams and develop future finance leaders. Strategic thinking with demonstrated skill in aligning financial goals with business strategy. Ability to present financial insights clearly to executives, boards, and stakeholders. Proven ability to lead financial transformation initiatives and adapt to evolving business needs. Collaborates effectively with internal and external stakeholders. Identify and implement process improvements and automation opportunities. Uphold the highest standards of financial integrity and corporate governance.

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 environment.  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 07/25/2025. 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. 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

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

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, CFO - Group Benefits and Pet : $200,000.00-$400,000.00

The expected starting salary range for VP, CFO - Group Benefits and Pet : $200,000.00-$400,000.00