Specialist, Risk Management

Nationwide Mutual Insurance•Columbus, OH

1d•Hybrid

About The Position

This Specialist position is part of Nationwide’s Third-Party Risk Management team and supports enterprise risk management activities. The role involves independently adapting to changing priorities and supporting recurring and ad hoc reporting, training, process documentation, assurance activities, and the handling of team requests. The specialist gathers, organizes, validates, and synthesizes information; prepares reports, presentations, dashboards, and other materials; and maintains standards, procedures, and guidance. The role also supports second-line risk assurance through planning, evidence review, analysis, documentation, issue identification, and follow-up, applying sound judgment to identify gaps and escalate potential risks or control concerns. The specialist collaborates with business partners on Nationwide’s risk-taking philosophies, processes, and practices; supports data governance and enterprise risk analysis; and assists with stress testing, scenario analysis, risk identification and reporting, and research into ERM findings and issues. The role also helps maintain governance, risk, and controls software, and develops training and communication initiatives, including intranet content, presentations, and newsletters. The position reports to a Risk/Actuarial leader. The role is intended to be filled in Columbus, Ohio. The hired associate must live within 35 miles of One Nationwide Plaza, Columbus, OH 43215. This is a SuccessFlex position requiring office attendance under the department’s current hybrid schedule. The work environment is a normal office, with occasional travel; non-standard or extended hours may be required based on project needs. The position is exempt and not eligible for overtime. It does not qualify for employer-sponsored work authorization, and Nationwide does not participate in the STEM OPT extension program.

Requirements

Undergraduate studies in finance, accounting, economics, statistics, mathematics, or a related subject area.
Typically, three or more years of related work experience in the insurance and/or financial services industry.
Basic analytical skills for building solutions to sophisticated risk-management problems.
Basic knowledge of risk management and the insurance industry.
Proven understanding of the development and implementation of ERM processes.
Proficient written and verbal communication skills.
Basic presentation skills.
Some project-management skills.
Ability to analyze financial and statistical data and make recommendations.
Must reside within 35 miles of One Nationwide Plaza, Columbus, OH 43215.
Must be able to attend the office according to the department’s current hybrid schedule.

Nice To Haves

Progress toward a CPA, CFA, or similar designation.

Responsibilities

Gather, organize, validate, and synthesize information for recurring and ad hoc reporting.
Prepare clear, accurate, and timely reports, presentations, dashboards, and other materials for team and stakeholder use.
Develop, coordinate, and maintain training materials and resources supporting risk-management processes.
Create, update, and maintain team standards, standard operating procedures, process documentation, and related guidance.
Perform second-line risk-management assurance activities, including planning, evidence review, analysis, documentation, issue identification, and follow-up.
Evaluate information, identify gaps, and escalate potential risks or control concerns.
Monitor and manage the team mailbox by reviewing, categorizing, assigning, and addressing incoming requests and inquiries.
Triage tickets and requests based on urgency, risk, complexity, and the appropriate team or subject-matter expert.
Coordinate follow-up, track requests through resolution, maintain accurate records, and communicate status updates to stakeholders.
Support and collaborate with business partners on Nationwide’s risk-taking philosophies, processes, and practices.
Build strong data governance practices and aid in analysis and measurement of enterprise risks.
Assist with stress testing, scenario analysis, and other techniques to understand potential impacts to modeled results.
Help link risk management to business-unit goals, risk diversification, capital strength, and risk-adjusted target returns.
Assist with initiatives to identify, assess, prioritize, and report financial, operational, and strategic risks.
Research and analyze ERM findings and issues and recommend appropriate solutions to business partners.
Assist with maintaining governance, risk, and controls software applications.
Create and maintain department training and communication initiatives, including intranet content, presentations, and newsletters.
May facilitate training, attend conferences, and perform other responsibilities as assigned.

Benefits

Medical, dental, and vision coverage.
Life insurance.
Short- and long-term disability coverage.
Paid time off; newly hired associates receive a minimum of 18 days per full calendar year, prorated quarterly based on hire date.
Nine paid holidays.
Eight hours of Lifetime paid time off.
Eight hours of Unity Day paid time off.
401(k) with company match.
Company-paid pension plan.
Business casual attire.