Senior Actuary - Annuity Pricing and Product Development

Nationwide Mutual Insurance•Columbus, OH

1d•Remote

About The Position

Nationwide Financial is seeking a highly technical Senior Actuary to join our Annuity Pricing and Product Development team. This role is ideal for an experienced actuary who brings deep actuarial modeling expertise, strong annuity pricing experience, and the ability to influence product strategy through data-driven decision making. This is a visible opportunity to support fixed and indexed annuity pricing, product development, and pricing model ownership in a role that combines hands-on actuarial work with business-facing partnership. The person in this role will help shape product competitiveness, evaluate risk and profitability tradeoffs, and support high-impact product decisions across the annuity business.

Requirements

Fellow of the Society of Actuaries (FSA)
Strong actuarial experience in annuity pricing, product development, actuarial modeling, or related actuarial ownership work
Deep AXIS modeling capability and the ability to work independently in a pricing model environment
Prior experience owning, updating, or enhancing actuarial models used for pricing or product development
Ability to assess risk, pricing implications, and business tradeoffs with strong actuarial judgment
Strong communication and collaboration skills with the ability to partner effectively across business, actuarial, and leadership teams
Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming, or quantitative analysis.
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

Fixed indexed annuity experience
Annuity pricing experience
Product development experience
Actuarial model development or model ownership experience
Experience presenting to leadership or governance committees

Responsibilities

Own and enhance the fixed indexed annuity pricing model used to support product development and pricing decisions
Lead actuarial pricing analysis for new products, product features, and product changes
Translate business partner needs and market opportunities into actuarial model updates and pricing recommendations
Evaluate product competitiveness, profitability, assumptions, and risk tradeoffs across annuity products
Support the full product development and pricing cycle from concept through internal governance and risk committee presentation
Perform ad hoc product analysis to help the business respond quickly to market and pricing needs
Present actuarial findings and recommendations clearly to both technical and non-technical audiences
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.