Senior Actuary - Actuarial Enterprise Risk Management - REMOTE

Nationwide Mutual Insurance • Columbus, OH

18d • Remote

About The Position

Nationwide Financial is seeking a Senior Actuary to join its Actuarial Enterprise Risk Management team. This high-visibility role supports capital reporting, forecasting, and risk management across a broad portfolio of insurance products, using Nationwide’s balance sheet to inform enterprise decisions. The position evaluates results across Nationwide Financial product segments from regulatory and rating agency perspectives, contributes to strategic capital initiatives, and presents findings and recommendations to senior leaders.

The Senior Actuary leads quarterly statutory capital reporting and forecasting, partners with actuarial teams to align modeling approaches and assumptions, and supports initiatives such as reserving methodology changes, scenario generator updates, and captive reinsurance structures. The role also identifies process improvements, collaborates with cross-functional partners, and provides matrix leadership and guidance to a rotation student.

More broadly, this role provides leadership, direction, and oversight for sophisticated actuarial techniques, procedures, and risk analysis. It includes research, data and financial reporting, model construction and maintenance, product analysis, risk and reinsurance analysis, and valuation work under statutory, GAAP, and tax accounting regimes. The position works independently and may directly or indirectly lead others, developing strategic recommendations for technical and non-technical audiences, including OCFO leadership. The role can be performed fully remotely within any of the lower 48 U.S. states and reports to an Actuarial leader.

Requirements

• At least six years of actuarial experience; the general job description states typically at least eight years.
• Undergraduate degree in actuarial science, mathematics, statistics, or a similar quantitative field involving modeling, programming, or quantitative analysis.
• FSA designation is required in the general job description.
• Strong analytical and problem-solving skills, including the ability to investigate complex issues and develop 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 for translating actuarial, capital, and risk concepts to diverse stakeholders.
• Self-motivated and intellectually curious, comfortable navigating ambiguity and driving progress with incomplete information.
• Knowledge of actuarial business functions, statistical methods, actuarial models, actuarial software and databases, company operations, products, systems, actuarial methodologies, and industry and regulatory practices.
• Proficiency in Microsoft Office products, including VBA within Access and Excel, analytical software, and programming languages.
• Organizational agility, influencing skills, strategic agility, ability to inspire others, business perspective, and accounting knowledge.
• Mastery of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, and learning.

Nice To Haves

• AXIS or MG-ALFA experience.
• FSA designation is preferred in the role-specific qualifications.

Responsibilities

• Lead quarterly statutory capital reporting and forecasting, delivering accurate results and actionable insights.
• Analyze results across Nationwide Financial product segments from regulatory and rating agency perspectives.
• 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 that 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 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 suitable for technical and non-technical audiences at the OCFO leadership level.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior