Job Summary The product intern will work with the Personal Lines Product Team, accountable for the execution and communication of profitability and growth strategies for auto and home insurance. The candidate will work in both a team and independent atmosphere to analyze data, formulate conclusions, and develop recommendations to support the Product Managers on the team. The intern must possess quantitative skills and be able to multi-task on several projects. The candidate will develop an understanding of interdepartmental collaboration through integrated projects and research. The internship will be held over the summer months for approximately a 10 to 12-week period. See below for preferred Education and provided Benefits.
Reporting Relationships Reports to: Manager and Mentor. The Mentor relationship will help the candidate get involved and provide support to the individual as needed.
Core Job Duties and Responsibilities: 1.Analyze large data sets to make strategic business decisions with the guidance of Product Managers. 2.Evaluate competitors’ products to identify key concepts to research and share findings. 3.Track competitor rate changes and market share. 4.Demonstrate the willingness to be engaged and try new things. 5.Participate in department and company meetings. 6.Complete training related to insurance as well as computer applications that the applicant will be working with. 7.Answer questions about products, coverages, or discounts from agents and others associated with Nationwide. 8.Complete a project with other interns and present in front of senior leadership at the end of the summer. 9.Perform other duties as assigned.
Minimum Job Requirements: Education:In pursuit of a Bachelor’s degree in Accounting, Actuarial Science, Data Analytics, Finance, Statistics, Math, Insurance, Marketing, MIS, Business Management or a related field of study. Completion of sophomore or junior year is preferred. Involvement in student activities and/or some work experience. 3.0 GPA or higher is desired.
Experience:Previous insurance knowledge is preferred. Candidate should be familiar with problem solving and analysis. Experience working independently and with others in a team environment.
Skills/Competencies:Must be able to operate a personal computer and have basic keyboarding skills. Good verbal and written communication skills necessary to interact with all levels of internal and external contacts. Ability to recognize problems, determine appropriate actions, implement solutions, and use judgment when appropriate. Proficiency with Microsoft Office, especially Excel, and a strong technical aptitude will be preferred. Fast learner and willing to challenge yourself everyday.
Values: Regularly and consistently demonstrates the Nationwide Values and Guiding Behaviors.
Benefits: Opportunity to job shadow other areas of the company, formal presentation experience, ability to work on a project with other interns in the company, community service opportunities, free parking in Nationwide’s parking garage, mentorship opportunity, housing stipend for those who apply, and the opportunity to participate in intern events.
Job Conditions: 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.
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poor’s. The company provides a full range of insurance and financial services, including auto, commercial, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; banking and mortgages; pet, motorcycle and boat insurance. For more information, visit https://www.nationwide.com/