Senior Technical Director - Nationwide Financial Actuarial - Remote

Nationwide•Columbus, OH

5d•$149,000 - $279,000•Remote

About The Position

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. Senior Technical Director - Nationwide Financial Actuarial - Remote Actuarial Technology Strategy | Data Strategy | Snowflake | Databricks | AI | Insurance | Financial Services If you are a strategic leader who enjoys modernizing data, tools, and applications while helping teams work smarter and faster, this is a unique opportunity to shape the future of actuarial technology at Nationwide Financial. This role is ideal for a leader who can combine leadership depth, business acumen, technical acumen, and change leadership to drive a broader actuarial technology strategy across data, tooling, and applications. What you will do This role will have a strong focus on strategic leadership across actuarial data, actuarial systems, and enterprise technology partnership. You will help define and drive the NF data strategy, guide the evolution of actuarial tools and applications, and influence the future direction of the team’s technology roadmap. You will play a key role in major data platform modernization work, including helping the organization drive technology transformations while partnering with IT and actuarial stakeholders to drive adoption and long-term execution. You will also help shape how the organization thinks about emerging technology, including AI, in support of actuarial analysis, modeling, data, and decision support. This role is not just about technical expertise. It is about setting direction, establishing priorities, leading through others, and helping the team execute at a higher strategic level. What success looks like Successful candidates will bring the ability to: Set clear priorities and strategic direction for a technical team supporting the Actuarial organization Lead complex cross-functional initiatives involving actuarial, data, systems, and IT partners Advance enterprise data platform and actuarial technology modernization efforts, including Snowflake and Databricks-related work Translate complex technical and actuarial topics into practical business recommendations Influence stakeholders, drive change, and improve execution across teams Ideal background We are especially interested in candidates with experience in one or more of the following areas: Financial Services technology Financial modeling Data strategy Insurance or financial services technology Data platform modernization Snowflake, SQL, or Databricks environments Cross-functional partnership with IT Strategic planning, business model innovation, and operational excellence Why this role stands out This is a chance to step into a highly visible actuarial leadership role where you will influence data strategy, technology strategy, team direction, and business outcomes across Nationwide Financial. If you are energized by leadership, data modernization, enterprise technology partnership, and building the future of Nationwide’s tools and applications, this role offers the opportunity to make a meaningful impact. This role can be staffed remote. #LI-REMOTE #LI-SM1 Job Description Summary Our Nationwide Financial Actuarial team members have opportunities to use state-of-the-art tools, are encouraged to innovate and learn to master actuarial methodologies. If this sounds like a place you could thrive, then we want to know more about you! As a Senior Technical Director, you’ll show a mastery of business operations, systems and actuarial methodologies. You will provide leadership, direction and oversight for the performance of sophisticated actuarial techniques and procedures and risk analysis. In addition, you’ll develop a strategic vision to ensure efficient, consistent and integrated data and analysis. We’ll count on you to set strategy and business recommendations that are crucial to the success of Nationwide and the protection we provide our customers.

Requirements

Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming or quantitative analysis.
Achievement of Fellowship in the Society of Actuaries.
Has membership in the Society of Actuaries and American Academy of Actuaries.
At least eight years Actuarial experience and Actuarial Council approval.
Demonstrates the highest level of technical actuarial expertise in life insurance product mechanics and embedded options, pricing models, life pricing assumptions, valuation and non-forfeiture laws, tax code 7702, state life insurance regulations.
The role will require leadership, influence and communication skills.
An ability to bring to bear past actuarial experience to apply to new product concepts and requirements, such as Principles Based Reserves, is required.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.
Regularly and consistently demonstrates Nationwide Values.

Nice To Haves

Financial Services technology
Financial modeling
Data strategy
Insurance or financial services technology
Data platform modernization
Snowflake, SQL, or Databricks environments
Cross-functional partnership with IT
Strategic planning, business model innovation, and operational excellence

Responsibilities

Works with various pricing teams to develop solutions that enhance returns and/or mitigate risk. Support may occur through a variety of means including building/running models, peer reviews, reasonable checks and various types of analysis.
Assists with evaluation of a product design to inform business and risk management leadership of the expected profitability and most significant risks associated with new product concepts.
Provides expert knowledge of pricing assumption-setting, model building, actuarial analysis, product mechanics and embedded policy owner options, valuation and non-forfeiture law.
Provides analysis and development of pricing guidelines, evaluation of profitability targets, risk measures, and other pricing metrics (such as capital usage).
Coordinates Product Risk Committee (PRC) meetings, distributes minutes, and is highly involved in writing of decision memos, activity reports and other PRC-related communications.
Updates Nationwide Financial Risk Committee on PRC-related activity.
Plays an important role in educating and motivating cross functional teams to develop innovative solutions to complex problems. Teams may consist of members from actuarial, finance, systems, legal, accounting policy, investments and/or other areas.
Educates risk management leadership on complex product designs, pricing techniques, etc. The role also requires the ability to communicate and influence leadership to expedite the product approval process.
Participates in training of less experienced actuaries.
Performs investment pool analysis to determine appropriate investment strategies.
Is involved in determining the framework used modeling and decision making.
Advises business unit leaders, investment leaders and risk management on the impact of various strategies.
Provides corporate review of reinsurance treaties via quarterly review of Risk Transfer Questionnaires.
Performs various analysis (i.e. counter-party analysis) and acts as a central hub for reinsurance questions.
May be involved with risk management leadership on innovative reinsurance concepts and redundant reserve transactions.
Creates and administers various reports to assist senior management and ensure compliance with various guidelines. Examples include return on total capital report and default rick change analysis.
Performs other ad hoc requests.
May perform other responsibilities as assigned.