Senior Actuary - Actuarial Enterprise Risk Management - REMOTE
About The Position
Nationwide Financial is seeking a Senior Actuary to join its Actuarial Enterprise Risk Management team. The role supports capital reporting, forecasting, and risk management through initiatives that leverage Nationwide’s balance sheet across a broad portfolio of insurance products. The position analyzes results across NF product segments from regulatory and rating agency perspectives, contributes to strategic initiatives, and presents capital findings and recommendations to senior leaders. The Senior Actuary leads quarterly statutory capital reporting and forecasting and supports projects involving reserving methodology, scenario generators, captive reinsurance, and other actuarial priorities. The role partners with actuarial and cross-functional teams to align modeling approaches and assumptions, improve reporting processes, and translate complex technical analysis into actionable business recommendations. It also provides matrix leadership and guidance to a rotation student. More broadly, the position provides leadership and expertise in actuarial analysis, models, risk, reinsurance, product calculations, pricing, and valuation. It may independently lead others and reports to an Actuarial leader. The position is fully remote and may be performed within any of the lower 48 U.S. states.
Requirements
- At least six years of actuarial experience is listed in the role-specific qualifications; the general job description states typically at least eight years of actuarial experience.
- Undergraduate degree in actuarial science, mathematics, statistics, or a similar quantitative or modeling-related field.
- FSA designation is listed as preferred in the role-specific qualifications; the general job description states FSA is required.
- Strong analytical and problem-solving skills, including investigating complex issues and developing sound recommendations.
- Experience working with actuarial models and interpreting model results.
- Deep product knowledge in one product line and/or breadth across multiple insurance products.
- Clear and effective communication skills to explain actuarial, capital, and risk concepts to diverse stakeholders.
- Self-motivation and intellectual curiosity, with comfort navigating ambiguity and making progress with incomplete information.
- Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software, and databases.
- Knowledge of company operations, products, systems, actuarial methodologies, and industry and regulatory practices.
- Proficiency in Microsoft Office products, including VBA within Access and Excel, analytical software such as Tableau, and programming languages.
- Proficiency in organizational agility, influencing, strategic agility, inspiring others, business perspective, and accounting; mastery of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, and learning.
- Other criteria, including leadership skills, capabilities, and experiences, may take precedence.
Nice To Haves
- AXIS or MG-ALFA experience.
- FSA designation, according to the role-specific qualifications.
Responsibilities
- Lead quarterly statutory capital reporting and forecasting, delivering accurate results and actionable insights.
- Support strategic initiatives, including reserving methodology changes, scenario generator updates, captive reinsurance structures, and other high-priority actuarial projects.
- Partner with actuarial teams across Nationwide Financial to align modeling approaches and assumptions that affect the forecast.
- Identify and implement process improvements to enhance the efficiency, accuracy, and transparency of capital reporting and forecasting.
- Present technical actuarial findings to senior leaders and translate complex analysis into clear recommendations.
- Collaborate with cross-functional partners within and outside actuarial to support enterprise priorities.
- Provide matrix leadership and guidance to a rotation student and help advance the broader team’s capabilities.
- Provide strategic direction and expertise for compiling, categorizing, and analyzing data and financial reporting.
- Construct sophisticated testing tools and analyze product calculations.
- Lead and provide expertise in strategies for product pricing and implementation.
- Construct, maintain, and complete actuarial, projection, and valuation models.
- Analyze risks and reinsurance for lines of business.
- Establish reserves and other valuation items under statutory, GAAP, and tax accounting regimes.
- Develop presentations, communication strategies, and recommendations of actuarial findings for technical and non-technical audiences, including OCFO leadership.
- Conduct research and direct others to support efficient, consistent, and integrated data and analysis.
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
