Actuarial Technical Specialist - Nationwide Financial

Nationwide•Columbus, OH

8d•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 Technical Specialist We're seeking a passionate and skilled Actuarial Technical Specialist to join our dynamic team. This role offers the opportunity to make a significant impact by leading product implementations and contributing to the development of innovative solutions. Our Nationwide Financial (NF) 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 a Technical Specialist, you’ll gain thorough knowledge of actuarial functions for our NF Products. You will continue to perform increasingly sophisticated actuarial methodologies to estimate future loss and premium results for ratemaking or valuation purposes. We’ll count on you to complete a wide variety of actuarial assignments with minimal direction.

Requirements

Strong foundation in actuarial science and mathematics.
Proficiency in reading and interpreting policy forms and specifications.
Hands-on experience with VB.net, SQL, and SSIS packages.
Ability to write computer language and logic to verify and implement products.
Skills in velocity, agility, critical thinking, and problem-solving.
Technical skills: VB.net, SQL, SSIS packages.
Understanding of actuarial science and/or data science.
Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming or quantitative analysis.
Generally, two to four years of financial, actuarial or relevant experience.
General knowledge of finance or actuarial business functions, statistical methods of analysis, financial or actuarial models, financial/actuarial software, programming languages or databases.
Proficient in Microsoft Office products (including VBA within Access and Excel), programming languages and likely actuarial models.
Basic level of perspective, customer focus, business perspective, and accounting.
Proficient level of problem solving, dealing with ambiguity, drive for results, analysis, learning on the fly, and making the best use of system capabilities.

Nice To Haves

Experience with data visualization tools like Tableau or Power BI.
Experience with life insurance products.
Ability to build robust business partnerships within the actuarial department, as well as with IT and Operations.
May have passed several actuarial, LOMA or other industry exams.
May hold information technology certifications.

Responsibilities

Test and validate key values, ensuring seamless integration with our life insurance support systems.
Collaborate with cross-functional teams to enhance our admin and illustration systems.
Manage the flow of life support, including run support rate changes and repricing.
Implement and maintain high-quality life insurance product calculations and data.
Code complex life insurance calculations and features within our proprietary Life Support application.
Support intricate data and analytic dashboards.
Compiles, categorizes and analyzes data with limited supervision.
Assists and supports in building sophisticated testing tools, analysis of product calculations and product illustrations.
Assists with construction, maintenance and execution of financial, actuarial, projection and valuation models.
Assists with financial reporting and analysis.
Supports pricing and implementation of products.
Conducts analysis of risks for NF lines of business.
Assists and supports in valuation/reserving under multiple accounting regimes (statutory, GAAP, and tax) for products.
Conducts some analysis of reinsurance opportunities.
May assist within their specialty areas on one or more highly specialized phases of data and analytics which may include data governance, data strategy development, data modeling, data requirements, data manipulation and/or requirements elicitation.
Help, when requested, in the design, development, and implementation of new programs and/or modifications of existing applications.
May assist in the more sophisticated designs, prototypes, coding and other methodologies for new and/or existing applications including development of test plans.
Supports the development of effective communication and recommendations to leadership.
May build supporting documentation.
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