P&C Actuarial Development Program - Actuarial Sr Analyst - Personal Lines Pricing

Nationwide•Columbus, OH

1d•$69,500 - $129,000•Hybrid

About The Position

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. As a Senior Analyst, you’ll be expected to learn about the insurance and finance industry, products Nationwide provides and a variety of actuarial software. You will be trained in company and business operations while performing mathematical and quantitative actuarial analyses essential to the success of Nationwide and the protection we provide our customers. This position is expected to be 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. You will be expected to participate in three rotations of two years each. Full program details will be provided to you upon your start date.

Requirements

Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming or quantitative analysis.
Generally, has passed one or more actuarial exams and is actively enrolled into the Actuarial Student Program.
No actuarial experience required.
Basic understanding or ability to learn Microsoft Office products, analytical software and programming languages.
Should have basic competencies including business understanding, problem solving, customer focus, dealing with ambiguity, drive for results and learning ability.

Nice To Haves

Ability to learn new pricing techniques in a fast-paced environment
Strong organizational skills
Effective communication skills with a professional presence
Problem solving, innovation, working in a team environment and speed to action
Internship, associate rotation, associate teaching, or tutoring experience.

Responsibilities

Perform complex mathematical and quantitative analyses for P&C products, participate in rotation program, and develop actuarial methodologies.
Generating actuarial pricing analysis alongside Pricing leadership in support of state and line level business decisions.
Analysis regarding different rate and non-rate strategies that can be applied for these books of business to appropriately manage financial performance.
Begins to develop knowledge of actuarial methodologies, allowing the ability to source and manipulate data within standard requirements.
Conducts analysis, that adheres to actuarial standards, by selecting appropriate data sources and making assumptions to develop recommendations.
Notes any unreasonable results and reports to leader.
Documents assumptions, methods, sources, and considerations in an organized fashion.
Prepares actuarial findings and documents that are suitable for technical and non-technical audiences.
Adheres to assigned work schedule to ensure timely completion of individual tasks and group projects.
Notifies leadership anticipating of any possible missed deadlines.
Participates in peer reviews to increase collaboration, ensure quality work, and drive innovation.
Begins developing business relationships across property and casualty multi-channel finance to provide extraordinary care to all customers.
Completes all required training in a timely manner.
Develops understanding of data mining techniques used to identify new relationships in data.
Gains understanding of, and the ability to use, modeling software.
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