Actuarial Consultant - P&C Property Risk and Actuarial

Nationwide•Columbus, OH

3d•$108,000 - $162,000•Hybrid

About The Position

The Actuarial Consultant will work within Nationwide’s P&C Finance organization, primarily supporting risk and return analysis and reporting for property lines. The role contributes to P&C risk, capital, and pricing strategies, including catastrophe pricing standards and analysis of reinsurance impacts. The position performs complex quantitative actuarial analyses, provides consultation and recommendations on actuarial models and issues, and communicates findings to technical and non-technical audiences, including senior actuarial leadership. The role may offer participation in the P&C Actuarial Rotation Program, consisting of two to three rotations of two years each across actuarial, analytics, and risk management teams. The position is preferred to be hybrid in Des Moines, Iowa; Columbus, Ohio; or Scottsdale, Arizona, but remote candidates with relevant skills and experience are also considered. The position may be filled anywhere in the lower 48 U.S. states. It is exempt and not eligible for overtime, and operates in a normal office environment. Employer-sponsored work authorization is not available, and Nationwide does not participate in the STEM OPT extension program.

Requirements

Undergraduate degree in actuarial science, mathematics, statistics, data science, or a similar quantitative or modeling-related field.
Generally, five or more years of actuarial experience.
Generally, attained ACAS and working toward FCAS.
Detailed knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software, and databases.
Proficiency in Microsoft Office products, analytical software, and programming languages.
Ability to source and manipulate complex data and perform complex quantitative actuarial analyses.
Basic competencies in command skills, strategic agility, delegation, motivating others, business perspective, and accounting.
Highly developed competencies in business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability.
Effective communication skills and ability to influence and partner with stakeholders across the organization.
Curiosity applied to solving unique business and enterprise risk management challenges.

Nice To Haves

Familiarity with catastrophe modeling output and analytics.
Data management and analytics experience using R, Python, and/or SQL.
Exposure to cloud data platforms such as Databricks.
Experience translating analysis into decision-ready reporting and dashboards, such as Power BI.

Responsibilities

Analyze and report P&C property actual versus technical pricing.
Develop consistent catastrophe pricing standards aligned with Nationwide’s view of catastrophe risk.
Partner with business unit actuarial pricing and modeling teams on property pricing sophistication initiatives.
Support P&C forecasting, planning, and evaluation of reinsurance placements and their effects on catastrophe risk and pricing strategies.
Source and manipulate complex data and conduct complex analyses in accordance with actuarial standards.
Select appropriate data sources, develop assumptions and recommendations, and resolve unreasonable results or non-optimal solutions using professional judgment.
Document assumptions, methods, sources, and considerations in an organized manner.
Prepare and present actuarial findings and documents for technical and non-technical audiences, including senior actuarial leaders; may represent the company with regulators, auditors, and external vendors.
Develop work plans and ensure accurate work products are delivered.
Lead peer reviews to support collaboration, quality, and innovation.
Maintain relationships with business customers and build new relationships.
Lead onboarding and training for new associates on standard work processes.
Apply data-mining techniques to identify relationships in data and make recommendations.
Build and validate models in different software packages, explore new software, and apply predictive modeling.
Perform other responsibilities as assigned.

Benefits

Medical insurance
Dental insurance
Vision insurance
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