Actuary – Life Valuation REMOTE

Nationwide • Columbus, OH

1d • 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. Shape the Future of Life Insurance Valuation! Are you a passionate and skilled actuary ready to take on a key role in a dynamic Life Insurance Valuation team? We're seeking an Actuary to provide subject matter expertise in Statutory, GAAP, and Tax valuation standards for life insurance products. You'll play a vital part in supporting evolving regulatory frameworks and collaborating across departments to ensure accurate, efficient, and compliant valuation processes. Our Nationwide Financial 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 Actuary, you’ll show a mastery of business operations, systems and actuarial methodologies. You will provide leadership, direction and oversight for the performance of sophisticated actuarial techniques and procedures and risk analysis. In addition, you’ll develop a strategic vision for the team to ensure efficient, consistent and integrated data and analysis. We’ll count on you to provide business recommendations that are crucial to the success of Nationwide and the protection we provide our customers.

Requirements

• FSA designation required.
• Strong knowledge of actuarial business functions and valuation principles.
• Proficiency in Microsoft Office and analytical tools (e.g., Tableau, Power BI, SQL).
• Undergraduate degree in actuarial science, mathematics, statistics, or similar background requiring modeling, programming or quantitative analysis.
• FSA required.
• Typically, five to seven years of actuarial experience.
• Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases.
• Mastery of Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages.
• Basic level of organizational agility and conflict management.
• Proficient level of command skills, strategic agility, delegation, motivating others, business perspective, and accounting.
• Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.

Nice To Haves

• Experience with modeling software (Axis, ALFA, Poly) preferred.
• Programming experience in VB.net or Python is a plus.
• Experience with life insurance products and Statutory/GAAP valuation is preferred.

Responsibilities

• Serve as a subject matter expert on Statutory, GAAP, and Tax valuation standards.
• Lead implementation and analysis of evolving standards such as LDTI and PBR.
• Collaborate with Tax, Controllership, and Pricing to support business objectives.
• Develop tools for validating and analyzing valuation results in a modernized environment.
• Take ownership of monthly and quarterly valuation processes with a focus on continuous improvement.
• Maintain process controls, documentation, and governance.
• Respond to auditor and regulator inquiries.
• Participate in cross-functional initiatives involving data, modeling, assumptions, product development, analytics, and reporting.
• Acts as a specialist for compilation, categorization and analysis of data.
• Constructs sophisticated testing tools and product calculations.
• Builds, maintains and computes Actuarial, Projection & Valuation Models.
• Conducts financial reporting and analysis.
• Prices and supports implementation of products.
• Conducts risk analysis for lines of business/products.
• Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.
• Leads and provides experienced knowledge for the analysis of reinsurance opportunities.
• Builds cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level.
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level