Specialist, Risk Management

Nationwide•Columbus, OH
•$79,500 - $119,500•Hybrid

About The Position

The Specialist, Risk Management supports Nationwide’s Third-Party Risk Management team and broader enterprise risk-management activities. The role contributes to understanding and managing business risks, supporting risk-informed business outcomes, and balancing risk and reward in pursuit of organizational objectives. The Specialist works independently, adapts to changing priorities, and collaborates with business partners and stakeholders. Responsibilities include gathering, validating, analyzing, and reporting information; preparing reports, presentations, and dashboards; maintaining process documentation and training resources; and carrying out assurance activities in support of a second-line risk-management function. The role also manages incoming requests, triages tickets, coordinates follow-up, and tracks items through resolution. Additional work includes supporting risk analysis, governance practices, ERM initiatives, and risk-and-controls software applications. The position reports to a Risk/Actuarial leader. It is intended to be filled in Columbus, Ohio, and the associate must reside within 35 miles of One Nationwide Plaza. The position is hired on a SuccessFlex basis and requires office attendance according to the department’s current hybrid schedule. Occasional travel and non-standard or extended hours may be required based on project needs. The role is not eligible for overtime and does not qualify for employer-sponsored work authorization; 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 insurance and/or the financial services industry.
  • Basic analytical skills for developing solutions to sophisticated risk-management problems.
  • Basic knowledge of risk management and the insurance industry.
  • 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.
  • Regularly and consistently demonstrate Nationwide Values.

Nice To Haves

  • Progress toward a CPA, CFA, or similar designation.
  • Other criteria, including leadership skills, competencies, and experiences, may take precedence.

Responsibilities

  • Work independently and adapt to changing priorities, business needs, and risk-management activities.
  • Gather, organize, validate, and synthesize information for recurring and ad hoc reporting.
  • Prepare clear, accurate, and timely reports, presentations, dashboards, and other stakeholder materials.
  • Develop, coordinate, and maintain training materials and resources for risk-management processes.
  • Create, update, and maintain Standards, Standard Operating Procedures, process documentation, and related guidance.
  • Perform assurance activities for a second-line risk-management function, including planning, evidence review, analysis, documentation, issue identification, and follow-up.
  • Evaluate information, identify gaps or potential risks and control concerns, and escalate appropriately.
  • Monitor and manage the team mailbox by reviewing, categorizing, assigning, and addressing requests and inquiries in a timely manner.
  • Triage tickets and other requests according to urgency, risk, complexity, and the appropriate team or subject-matter expert.
  • Coordinate follow-up and track requests through resolution, maintaining accurate records and communicating status to stakeholders.
  • Support and collaborate with business partners on Nationwide’s risk-taking philosophies, processes, and practices, and build strong data-governance practices.
  • Assist in analyzing and measuring enterprise risks, including stress testing and scenario analysis.
  • Assist initiatives to identify, assess, prioritize, and report financial, operational, and strategic risks.
  • Research and analyze ERM findings and issues and recommend 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 or attend conferences.
  • May perform other responsibilities as assigned.

Benefits

  • Medical, dental, and vision coverage
  • Life insurance
  • Short- and long-term disability coverage
  • Paid time off, with newly hired associates receiving 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
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