Actuary — Life Insurance Valuation - Fully Remote

Nationwide•Columbus, OH

3d•$138,000 - $206,000•Remote

About The Position

Nationwide Financial is seeking an Actuary for its Life Valuation team. The role supports accurate, compliant actuarial valuation for life insurance products and serves as a subject-matter expert in Statutory, GAAP, and Tax valuation. The Actuary leads analysis and implementation of evolving valuation standards, including LDTI and PBR, and takes ownership of quarterly valuation processes and continuous improvement of related tools, controls, documentation, and governance. The position builds, maintains, and analyzes actuarial, projection, and valuation models; supports financial reporting, risk analysis, product calculations, and reserve setting; and collaborates with Tax, Controllership, Pricing, and partners in data, modeling, assumptions, product development, analytics, and reporting. The Actuary responds to auditor and regulator inquiries and communicates findings and recommendations to technical and nontechnical audiences, including senior finance leaders. The role may work from Columbus, Ohio, or remotely, and could be filled within any of the lower 48 U.S. states.

Requirements

FSA designation is required.
Strong actuarial business-function knowledge and knowledge of valuation principles.
Typically seven or more years of actuarial experience in the role-specific description; the general job profile states typically five to seven years of actuarial experience.
Undergraduate degree in actuarial science, mathematics, statistics, or a similar field requiring modeling, programming, or quantitative analysis.
Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software, and databases.
Proficiency with Microsoft Office and analytical tools such as Power BI or SQL.
Ability to work independently and provide leadership, direction, and oversight for sophisticated actuarial techniques, procedures, and risk analysis.
Ability to communicate actuarial findings to technical and nontechnical audiences.

Nice To Haves

Experience with life insurance products and Statutory/GAAP valuation is preferred.
Experience with AXIS or ALFA modeling software is preferred.
VB.NET or Python programming experience is a plus.
Mastery of Microsoft Office products, including VBA within Access and Excel, and experience with analytical software such as Tableau and programming languages.

Responsibilities

Serve as a subject-matter expert in Statutory, GAAP, and Tax valuation for life insurance products.
Lead analysis and implementation of evolving valuation standards, including LDTI and PBR.
Own and continuously improve quarterly valuation processes, validation tools, controls, documentation, and governance.
Build, maintain, compute, and analyze actuarial, projection, and valuation models.
Support financial reporting, risk analysis, product calculations, and reserve setting.
Collaborate with Tax, Controllership, Pricing, and partners across data, modeling, assumptions, product development, analytics, and reporting.
Respond to auditor and regulator inquiries.
Communicate actuarial findings and recommendations to technical and nontechnical audiences, including senior finance leaders.
Construct sophisticated testing tools and product calculations; conduct financial reporting and analysis; price and support implementation of products; and conduct risk analysis for lines of business and products.
Lead and provide experienced knowledge for analysis of reinsurance opportunities.
May perform other responsibilities as assigned.

Benefits

Medical, dental, and vision coverage.
Life insurance.
Short- and long-term disability coverage.
Paid time off, including a minimum of 18 days per full calendar year for newly hired associates, prorated quarterly based on hire date.
Nine paid holidays.
Eight hours of Lifetime paid time off.
Eight hours of Unity Day paid time off.
401(k) with company match.
Company-paid pension plan.
Business casual attire.