Sr Consultant – Risk Analytics P&C Capital Forecasting & Performance – REMOTE

Nationwide•Columbus, OH

10d•$149,000 - $262,000•Remote

About The Position

Nationwide is seeking a Senior Consultant, Risk Analytics to join the Capital Forecasting team within Enterprise Risk Management. The role will help update and implement the framework that guides how Property & Casualty businesses set, monitor, and improve target returns and target combined ratios. It connects P&C actuarial and financial-risk analysis to enterprise business decisions by turning complex data into clear targets, actionable recommendations, and consistent capital monitoring and reporting. The position works across Finance, P&C Actuarial, Risk Management, Capital Modeling, and business leadership. The Senior Consultant serves as a subject-matter expert in P&C target returns, combined ratios, and capital analytics; partners with business units to establish targets at a granular cell-planning-unit level; evaluates performance; and leads annual reviews of target assumptions. The role also interprets model outputs, communicates technical findings and strategic recommendations to technical and non-technical audiences, and builds stakeholder alignment from framework design through implementation and ongoing operation. As a Senior Consultant in Risk Analytics, the associate creates and manages risk analytics projects to address business problems and objectives. They work strategically and consultatively with partners across the organization, serving as a key connection between business needs and technical research. The position leads development, testing, implementation, administration, and governance of quantitative modeling processes and tools, and communicates their benefits and limitations. This position can be staffed fully remote and may be filled within any of the lower 48 U.S. states. It reports to a Risk/Actuarial leader. The role is exempt and not eligible for overtime, with normal office working conditions.

Requirements

Seven or more years of related experience in P&C actuarial work, insurance analytics, financial-risk modeling, capital management, underwriting performance, or a related field.
Strong understanding of P&C financial risk and profitability; relevant experience may include pricing, reserving, target returns, combined ratios, capital modeling, or corporate actuarial work.
Ability to understand sophisticated quantitative analysis and communicate the rationale behind targets and recommendations.
Demonstrated success influencing partners across Finance, Actuarial, Risk Management, modeling, and business functions.
Strong judgment, executive communication, presentation, and storytelling skills.
Comfort creating structure and delivering results when the starting process is incomplete or needs to be rebuilt.
Undergraduate studies in finance, accounting, economics, statistics, mathematics, or a related subject area.
Proven knowledge of processes and functions spanning the insurance and risk management cycle.
Knowledge of machine learning, stochastic processes, Monte Carlo simulations, sampling methods, and other statistical techniques applicable to specialized risk modeling.
Mathematical knowledge of specialized risk models, such as models used in hedging, economic scenario generation, catastrophe, or credit risk.
Understanding of risk management operations such as asset-liability management, portfolio risk assessment, and hedging.
Sophisticated communication and presentation skills.
Advanced proficiency with Excel and PowerPoint.

Nice To Haves

ACAS, FCAS, or progress toward an actuarial or comparable quantitative designation.
Graduate-level studies in a related field or an advanced degree.
Progress toward FCAS, FSA, CQF, CFA, or a similar designation.
Experience with stochastic modeling, Monte Carlo simulation, predictive analytics, machine learning, enterprise risk, M&A, or related capital and portfolio analytics.

Responsibilities

Serve as the subject-matter expert for P&C target returns, target combined ratios, and capital analytics.
Enhance and strengthen the P&C capital monitoring and reporting framework to support capital deployment decisions.
Partner with business units to establish appropriate targets at a granular cell-planning-unit level and evaluate performance against those targets.
Lead the annual review of target assumptions and recommend changes as business conditions and performance evolve.
Apply financial-risk and P&C analytics, including underwriting performance, loss-ratio history, pricing, and reserving insights.
Work with modeling partners to understand model outputs and translate them into practical business recommendations.
Present technical findings and strategic recommendations to technical and non-technical audiences, including senior Finance, Actuarial, Risk, and business leaders.
Build stakeholder alignment, socialize the framework, and guide it from design through implementation and ongoing operation.
Understand and assess key business needs and proactively develop appropriate quantitative modeling solutions.
Collaborate with departments and business functions to accomplish strategic goals, objectives, and initiatives.
Build risk analytics strategies for business problems by collaborating, consulting, and setting expectations.
Analyze models across the enterprise to ensure assumptions, processes, and outputs are understood and modeling methodologies are upheld.
Craft clear findings and recommendations using impactful storylines and data visualization for technical and non-technical audiences.
Communicate strategic business solutions to leaders and drive business value.
Lead development, testing, implementation, and administration of quantitative modeling processes and tools.
Evaluate and rank quantitative solutions to business problems.
Communicate the benefits and limitations of sophisticated modeling tools for business applications.
Govern modeling tools and ensure they are applied consistently.
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.