Actuarial Specialist General Liability Pricing - REMOTE

Nationwide • Columbus, OH

256d • $85,000 - $128,500 • Remote

About The Position

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. We are seeking a highly skilled Actuarial Specialist to join our General Liability/Umbrella/Inland Marine commercial pricing team. This role is crucial in supporting the pricing function by conducting state product reviews, providing risk segmentation and pricing recommendations, and assessing rate adequacy to promote financial success. The ideal candidate will bring new perspectives and innovative ideas to continue delivering high-level actuarial services to our business customers.

Requirements

• Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming or quantitative analysis
• Generally, three or more years of actuarial experience
• General 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 business understanding, problem solving, customer focus, dealing with ambiguity, drive for results and learning ability
• Generally has passed four or more actuarial exams and is actively enrolled into the Actuarial Student Program

Nice To Haves

• General Liability experience is highly preferred
• Proficiency in SQL, DataBricks, and R
• Exposure to predictive modeling is a plus

Responsibilities

• Conduct state product reviews
• Enhance manual rating plans, establish risk segmentation and provide pricing recommendations
• Assess rate adequacy to ensure financial success
• Introduce new perspectives and innovative ideas to enhance actuarial services
• Analyze results and present findings to internal product, actuarial, and underwriting teams
• Conduct analyses that adhere to actuarial standards by selecting appropriate data sources and making assumptions to develop recommendations
• Accurately document assumptions, methods, sources, and considerations in an organized fashion
• Prepare and present actuarial findings and documents that are suitable for technical and non-technical audiences
• Adhere to assigned work schedule to ensure timely completion of individual tasks and group projects
• Perform peer reviews to increase collaboration, ensure quality work, and drive innovation
• Continue to develop business relationships across PC multi-channel finance
• Assist with onboarding and training new associates on standard work processes
• Use data mining techniques to identify new relationships in data

Benefits

• Medical/dental/vision insurance
• Life insurance
• Short and long term disability coverage
• Paid time off with a minimum of 18 days paid time off each full calendar year
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree