Actuarial Senior Associate - P&C Reserving (Remote)

Nationwide•Columbus, OH

15h•$118,000 - $222,000•Remote

About The Position

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! 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. Actuarial Senior Associate - Reserving The General Liability and Umbrella Reserving team sits within Nationwide’s P&C Commercial Lines and NWAG organization and plays a critical role in supporting profitable growth and long‑term financial strength across the enterprise. This team is responsible for establishing and monitoring loss and loss adjustment expense reserves for General Liability and Umbrella products across multiple segments and distribution channels, including Nationwide Agribusiness (NWAG). 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 Sr Consultant, you’ll need to have detailed familiarity with business operations, systems, and actuarial methodologies. We’ll count on you to be adept at complex actuarial techniques and work independently to combine advanced actuarial and business knowledge to provide high-level analysis. Additionally, you’ll have expertise to provide consultation and recommendations on deliverables and maintain detailed documentation of actuarial models and analyses. You’ll work independently and may lead others.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
ACAS credential, with progress toward FCAS (near-associate level candidates with relevant experience will be taken into consideration)
Strong knowledge of P&C actuarial reserving techniques (e.g., General Liability, Umbrella, Excess).
Demonstrated experience with triangular reserving methods
Proficiency with actuarial and data tools (e.g., Excel, SQL, R, Python, SAS, or similar) and an interest in automation, reproducibility, and visualization.
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.
Generally, six or more years of actuarial experience.

Responsibilities

Lead the design, execution, and communication of reserve analyses for General Liability and Umbrella lines, including quarterly and ad hoc studies at the line, segment, and program levels.
Develop and apply advanced actuarial methodologies (e.g., stochastic reserving, frequency-severity modeling, tail factor and trend analyses, diagnostic tools) to assess reserve adequacy and volatility.
Translate technical findings into clear, actionable recommendations for leaders in Commercial Lines, NWAG, Claims, and Finance, highlighting key drivers, risks, and alternative scenarios.
Partner with Pricing, Underwriting, and Product teams to ensure strong connectivity between reserving insights, rate adequacy, and underwriting strategies for GL and Umbrella.
Acts as a technical expert of actuarial methodologies allowing the ability to source and manipulate 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. Begins using results to influence decisions at a higher level.
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's position with regulators, auditors, and external vendors. May negotiate within defined parameters.
Develops cross functional work plans and ensures accurate work product is delivered.
Leads cross functional peer reviews to increase collaboration, ensure quality work, and drive innovation.
Builds business relationships and leads cross functional communication with team members, customers, and business partners.
Leads onboarding and training for new associates on standard work processes. Assists in creating new training materials.
Applies data mining techniques used to identify new relationships in data and make recommendations based on findings.
Has expert ability or knowledge of modeling, validation, and predictive modeling.
Explores the use of new software packages and makes recommendations.
May perform other responsibilities as assigned.

Benefits

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