Nationwide Mutual Insurance-posted 6 days ago
$108,000 - $200,000/Yr
Full-time • Mid Level
Remote • Columbus, OH
5,001-10,000 employees

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. Join Nationwide as an Actuarial Consultant – E&S Pricing, where you will leverage your expertise in actuarial methodologies to drive strategic decisions and foster profitable growth in one of our largest business areas. This role offers a unique opportunity to work in a dynamic environment with a focus on innovation and collaboration. Our Property and Casualty (P&C) Actuarial team members have opportunities to use state-of-the-art tools, are encouraged to innovate and learn to master actuarial methodologies. If this sounds like a place you could thrive, then we want to know more about you! As an Actuarial Consultant, you’ll need to be adept at actuarial functions and know P&C products to perform complex, quantitative actuarial analyses. In addition, we’ll count on you to provide expertise, including consultation and recommendations, on actuarial models and issues. This position may have the opportunity to be a part of the P&C Actuarial Rotation Program, which will give you the potential opportunity to work on various actuarial, analytics, and risk management teams to learn and develop across different actuarial functions. Should you choose to participate in the program, you will participate in two to three rotations of two years each. Full program details will be provided to you upon your start date.

  • Play a key role in driving pricing strategy and profitability for our Contract Property & Casualty and Contract Excess products.
  • Monitor the book of business, lead rate reviews, and manage business partner requests.
  • Engage in planning and forecasting while collaborating with key property and casualty business partners.
  • Serve as a technical expert in actuarial methodologies, conducting complex analyses and presenting findings to drive business strategy.
  • Work on larger projects with cross-functional teams to help meet our goals.
  • Has in depth knowledge of actuarial methodologies with the ability to source and manipulate complex data within standard requirements.
  • Conducts complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing considerations, and developing recommendations.
  • Resolves unreasonable results/non-optimal solutions using experience and professional judgment.
  • Accurately documents assumptions, methods, sources, and considerations in an organized fashion.
  • Prepares and presents actuarial findings and documents that are suitable for technical and non-technical audiences at the senior Actuarial leadership level.
  • May professionally represent company position with regulators, auditors, and external vendors.
  • Develops work plans and ensures accurate work product is delivered.
  • Leads peer reviews to increase collaboration, ensure quality work, and drive innovation.
  • Maintains relationship with business customers as well as builds new relationships.
  • Leads onboarding and training for new associates on standard work processes.
  • Applies data mining techniques used to identify new relationships in data and make recommendations based on findings.
  • Builds and validates models in different software packages.
  • Explores the use of new software packages.
  • Has practical use of predictive modeling.
  • May perform other responsibilities as assigned.
  • At least 2 years of previous actuarial experience with a focus on pricing.
  • Strong communication skills and the ability to work collaboratively in a team-oriented environment.
  • Prior experience working with underwriters and a proven track record of driving strategic decisions.
  • Strong proficiency in actuarial software and programming tools (e.g., Python, SQL, Databricks, R, Excel).
  • Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming or quantitative analysis.
  • Generally, five or more years of actuarial experience.
  • Detailed knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases.
  • Proficient in Microsoft Office products, analytical software and programming languages.
  • Should have basic competencies including command skills, strategic agility, delegation, motivating others, business perspective and accounting.
  • Should have highly-developed competencies in business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability.
  • Near Associate with pursuit of Fellow of the Casualty Actuarial Society (ACAS/FCAS) preferred.
  • Generally, has attained ACAS and is working towards FCAS.
  • 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
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