Senior Actuary, Annuities Valuation - REMOTE

Nationwide•Columbus, OH

15d•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. Nationwide Financial is seeking a talented and experienced Senior Actuary, Annuities Valuation to lead a small team within our Variable Annuity (VA) business. This is a fantastic opportunity to manage and contribute to a key product line within our organization. About the Role: Management & Leadership: Lead and mentor a team of actuarial professionals, providing guidance and support in their day-to-day activities. Variable Annuity Expertise: Focus on our largest earning segment, the variable annuity line of business, including RILA products. Technical Skills: Utilize technical skills and actuarial expertise to contribute to valuation requirements, documentation, and reporting. 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 a Senior Actuary, you’ll be an expert, providing leadership, direction and oversight for the creation and performance of sophisticated actuarial techniques and procedures and risk analysis. You’ll handle research and direct others to ensure efficient, consistent and integrated data and analysis. We’ll count on you to provide a strategic vision for the team and deliver business recommendations that are crucial to the success of Nationwide and the protection we provide our customers. You’ll work independently and may directly or indirectly lead others.

Requirements

FSA designation required.
6+ years of actuarial experience.
Experience with annuity products or valuation.
Strong technical skills.
Strong communication and interpersonal skills.
Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming, or quantitative analysis.
FSA required.
Typically, at least eight years of actuarial experience.
Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases; knowledge of company operations, products, systems and actuarial methodologies.
Knowledge of industry and regulatory practices is vital.
Proficiency in Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages.
Proficient level of organizational agility, influencing skills, strategic agility, inspiring others, business perspective and accounting.
Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.

Nice To Haves

Management experience preferred.

Responsibilities

Manage a small team of actuarial professionals.
Oversee valuation calculations, including Principal Based Reserves, for variable and RILA annuities.
Identify and implement process improvements to enhance efficiency and accuracy.
Collaborate with cross-functional teams to support business initiatives.
Provides strategic direction and knowledge for the compilation, categorization and analysis of data and financial reporting and analysis.
Constructs sophisticated testing tools and analyzes product calculations.
Leads, provides expertise and builds strategies for pricing and implementation of products.
Constructs, maintains and completes Actuarial, Projection & Valuation Models.
Analyzes risks and reinsurance for lines of business.
Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP and tax) for products.
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