Innovation Strategy and Product Development Intern (Summer 2023)

If you're passionate about helping a Fortune 100 company drive their strategy forward through innovative product development and advancing strategic partnerships to protect customers (and their pets), then Nationwide's Strategy and Corporate Development Office might be the place for you!

Job Description Summary

Job Description

Enterprise Innovation has the privilege of identifying, building a case for, and running with new concepts that accelerate Nationwide's 5-10-year aspirations. The department includes an advisory team and three product development teams. This role will interact with the advisory team and a product development team. Working with both types of teams will enable the candidate to grow their knowledge of frontend and backend product development.

The candidate will work with the advisory team on an individual project. Given the pace of the environment the specifics will be defined closer to the start of the internship and built to support the development goals of the candidate. Applicants can expect the work to take up 25% of their time and progress throughout the program. The assignment will be a business case in some form.

The internship program includes a group project with 5-10 other interns who support Nationwide's Enterprise Innovation and Digital Organization (EIDO). The group project will support an in-flight initiative with the goal of launching a new product feature by the end of the program. During this assignment the candidate will have an opportunity to engage with many other business units within Nationwide such as finance, marketing, technology, legal, and compliance. Expect this assignment to make up 60% of the internship program.

The candidate will utilize the rest of their time meeting with leaders throughout organization, networking with other interns, and learning about Nationwide.

Internship Roles/Responsibilities:

The candidate will meet regularly with Nationwide associates and interns where they'll be expected to collaborate, share their opinion, and present to leadership. Outside of meetings they'll need to manage their schedule to meet deliverables for the individual and group project. Nationwide utilizes Microsoft's suite of application (i.e., Office, Teams, PowerPoint, and Excel) and prior familiarity is encouraged.

Techniques that are beneficial but not required to understand are:

• Design Thinking
• McKinsey's Three Horizons Model
• Strategyzer (Business Model Generation, Value Proposition Design)
• Porter's 5 Forces
• PESTLE analysis
• SWOT analysis
• Hypothesis Trees

The above techniques will be discussed, coached, and embedded into daily work.

This work will provide the individual an opportunity to conduct market research, competitive analysis, and pitch their idea to senior leadership. This role may have an opportunity to participate in qualitative and quantitative research.

Skills/Qualifications Desired:

• Communication
• Critical Thinking
• Task management
• Comfort with ambiguity
• Curiosity

#WayUp

Benefits

We have an array of benefits to fit your needs, including: medical/dental, paid time off plus nine paid holidays, 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.