Actuarial Sr. Consultant – E&S Pricing - REMOTE

Nationwide Mutual Insurance•Columbus, OH

2d•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. Join Nationwide as an Actuarial Sr. 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 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

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).
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.
Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming or quantitative analysis.
Generally, six or more years of actuarial experience.

Nice To Haves

Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS) preferred.
Generally attained ACAS and is working towards FCAS or recently attained FCAS.
Other criteria, including leadership skills, competencies and experiences may take precedence.

Responsibilities

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.
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