Actuary - Middle Market Pricing (Remote)

Nationwide•Columbus, OH

7d•$108,000 - $200,000•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. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. This position can be staffed remotely for potential applicants with critical industry skills and relevant experience. Internal Compensation Grade: G4 #LI-KD1 Position Overview As a Middle Market Actuary at Nationwide, you will play a key role in driving pricing strategy and profitability for our commercial lines products. This position supports actuarial initiatives across middle market segments, a critical area within our P&C business. In this role, you will have the opportunity to collaborate closely with underwriting, product, and finance teams to deliver data-driven insights and innovative solutions. Job Description Summary 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 Consultant, you’ll need to be adept at actuarial functions and know P&C products to perform complex, quantitative actuarial analyses. In addition, we’ll count on you to provide expertise, including consultation and recommendations, on actuarial models and issues. This position may have the opportunity to be a part of the P&C Actuarial Rotation Program, which will give you the potential opportunity to work on various actuarial, analytics, and risk management teams to learn and develop across different actuarial functions. Should you choose to participate in the program, you will participate in two to three rotations of two years each. Full program details will be provided to you upon your start date. Job Description Key Responsibilities: Has in depth knowledge of actuarial methodologies with the ability to source and manipulate complex 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. 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 position with regulators, auditors, and external vendors. Develops work plans and ensures accurate work product is delivered. Leads peer reviews to increase collaboration, ensure quality work, and drive innovation. Maintains relationship with business customers as well as builds new relationships. Leads onboarding and training for new associates on standard work processes. Applies data mining techniques used to identify new relationships in data and make recommendations based on findings. Builds and validates models in different software packages. Explores the use of new software packages. Has practical use of predictive modeling. May perform other responsibilities as assigned.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field.
3+ years of actuarial experience, ideally in commercial lines or middle market.
Strong proficiency in actuarial software and programming tools (e.g., R, Python, SQL, Excel).
Excellent communication and collaboration skills.
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.

Nice To Haves

Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS) preferred.
Generally, has attained ACAS and is working towards FCAS.

Responsibilities

Collaborate on pricing models for middle market commercial lines.
Perform rate reviews and recommend pricing actions based on actuarial analysis.
Partner with business stakeholders to support product development and portfolio management.
Analyze loss trends, profitability metrics, and market dynamics.
Present findings and recommendations to senior leadership and cross-functional teams.
Has in depth knowledge of actuarial methodologies with the ability to source and manipulate complex 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.
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 position with regulators, auditors, and external vendors.
Develops work plans and ensures accurate work product is delivered.
Leads peer reviews to increase collaboration, ensure quality work, and drive innovation.
Maintains relationship with business customers as well as builds new relationships.
Leads onboarding and training for new associates on standard work processes.
Applies data mining techniques used to identify new relationships in data and make recommendations based on findings.
Builds and validates models in different software packages.
Explores the use of new software packages.
Has practical use of predictive modeling.
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