Sr Actuary – P&C Capital Forecasting & Performance – REMOTE

Nationwide Mutual Insurance•Columbus, OH

7d•Remote

About The Position

Nationwide is seeking a Senior Actuary to join the Capital Forecasting team within Enterprise Risk Management. The role will help update the framework that guides how the Property & Casualty business sets, monitors, and improves target returns and target combined ratios. The Senior Actuary applies actuarial judgment and technical expertise to connect underwriting performance, pricing and reserving insights, and capital metrics to enterprise business decisions. The role works across Finance, P&C Actuarial, Risk Management, Capital Modeling, and business leadership to translate complex actuarial analysis into clear targets, recommendations, and a consistent capital monitoring and reporting framework. As a senior technical expert, the position provides leadership and oversight for complex actuarial techniques, procedures, and risk analysis. It manages research and may direct others to support efficient, consistent, and integrated data and analysis. The role works independently and may lead others directly or indirectly, providing strategic direction and business recommendations. It may also represent the company with regulators, auditors, and external vendors. This role can be staffed fully remote and reports to an Actuarial leader. Nationwide describes the working conditions as a normal office environment. The position is exempt from overtime eligibility.

Requirements

Generally eight or more years of actuarial experience, or closely related experience in insurance financial risk, capital management, underwriting performance, or corporate actuarial work.
Actuarial designation required, generally FCAS, according to the job description’s typical qualifications.
Strong understanding of P&C actuarial methods and the insurance business, including pricing, reserving, loss-ratio analysis, profitability, target returns, and combined ratios.
Ability to evaluate complex quantitative analyses, assumptions, and model outputs and communicate the reasoning behind targets and recommendations.
Demonstrated ability to influence partners across Finance, Actuarial, Risk Management, modeling, and business functions.
Strategic judgment, executive communication, presentation, and storytelling skills, including the ability to make technical concepts actionable for non-technical audiences.
Ability to create structure and deliver results when processes are incomplete, disconnected, or need rebuilding.
Expert knowledge of actuarial business functions, statistical analysis methods, actuarial models, actuarial software and databases, company operations and products, and relevant industry and regulatory practices.
Mastery of Microsoft Office products, analytical software, and programming languages.
An undergraduate degree in actuarial science, mathematics, statistics, data science, or a similar quantitative field is preferred.
Proficient organizational agility and conflict management; proficiency in command skills, strategic agility, delegation, motivating others, business perspective, and accounting.
Mastery of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, and learning.

Nice To Haves

FCAS designation or progress toward a comparable actuarial designation is preferred.
Experience with capital forecasting, stochastic modeling, predictive analytics, enterprise risk, M&A, or related capital and portfolio analytics.
Equivalent P&C actuarial and financial-risk experience may be considered.

Responsibilities

Serve as a senior P&C actuarial subject-matter expert for target returns, target combined ratios, and capital analytics.
Enhance the P&C capital monitoring and reporting framework to better support capital deployment decisions.
Partner with business units, Finance, and actuarial leaders to determine appropriate targets at a granular cell-planning-unit level and evaluate performance against targets.
Review target assumptions, actuarial methodologies, and business performance, and recommend changes when needed.
Analyze loss-ratio history, reserving triangles, pricing and reserving indications, premium trending and on-leveling, assumptions, coefficients, correlation matrices, and related P&C data.
Work with modeling partners to understand capital outputs, assess the reasonableness of results, and use actuarial judgment to identify limitations or emerging issues.
Document assumptions, methods, data sources, and considerations, and present cohesive recommendations to technical and non-technical audiences, including senior Finance, Actuarial, Risk, and business leaders.
Act as a technical expert in actuarial methodologies and identify new ways to use data in support of strategic goals.
Conduct complex analyses by selecting data sources, making assumptions, recognizing considerations, and developing recommendations; resolve unreasonable results or non-optimal solutions using professional judgment.
Develop and oversee multiple work plans and ensure accurate, timely delivery; lead the peer review process.
Drive cross-functional collaboration, identify process gaps, and recommend and implement changes to ensure quality work.
Build strategic business relationships across the organization to support solution delivery.
Identify skill gaps and develop training materials to build associates’ skills for future business needs.
Advise on strategic data-mining techniques and recommend data and software packages that support P&C actuarial and business objectives.
Consult on new or enhanced product development, including data needs, coding implications, and the viability and profitability of proposals.
May represent the company’s position with regulators, auditors, and external vendors, and may negotiate within defined parameters.
May perform other responsibilities as assigned.

Benefits

Medical, dental, and vision coverage.
Life insurance.
Short- and long-term disability coverage.
Paid time off, with newly hired associates receiving a minimum of 18 days per full calendar year, 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.