Specialist, Capital Forecasting

Nationwide•Columbus, OH

4d•$88,000 - $132,000•Hybrid

About The Position

As a team member in Finance at Nationwide, 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. Overview The Specialist, Risk & Capital Management role is part of Nationwide's Enterprise Risk Management team, specifically within the Rating Agency Management and Capital Forecasting group. This team plays a critical role in safeguarding Nationwide's financial strength by ensuring robust capital planning and maintaining strong ratings with external agencies. The position focuses on Property & Casualty (P&C) capital modeling—providing insights into capital adequacy, supporting strategic decision-making, and delivering transparency to senior leadership and external stakeholders. Do you have the desire to play a critical role in driving data-based business outcomes? Nationwide has been using data to serve our members and drive business outcomes for almost 100 years. Our industry-leading workforce accepts an agile work environment and a collaborative culture to deliver outstanding solutions and results. Our Risk Analytics professionals play a key role in redefining quantitative data analysis into meaningful insights that drive business results. Specifically, they serve as the conduit joining quantitative risk analysts to business partners. As a Specialist, you'll work on various risk analytics projects to help solve diverse business problems. You'll continue building a foundation of business understanding and relationships. It's imperative that you have experience with quantitative analytics and that you are able to clearly articulate solutions.

Requirements

Education: Bachelor's degree in Finance, Accounting, Economics, Mathematics, or related field; advanced degree preferred.
Experience: Minimum 3 years in corporate finance, capital management, or risk analytics; insurance industry experience is a plus.
Technical Skills: High proficiency in Excel (including formulas, VLOOKUPs, and data analysis); familiarity with enterprise reporting tools.
Other Skills: Strong analytical ability, attention to detail, and excellent communication skills for both technical and non-technical audiences.
Undergraduate studies in finance, accounting, economics, statistics, mathematics or related subject area required.
Typically, three or more years of related work experience in financial risk modeling or actuarial functions.
Basic knowledge of machine learning, stochastic processes, Monte Carlo simulations, sampling methods and other statistical techniques applicable to specialized risk modeling.
Basic mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc.
Basic knowledge of risk management operations such as asset-liability management, portfolio risk assessment, hedging, etc.
Ability to communicate technical concepts to peers and direct supervisor.
Proficient written and verbal communications skills.
Proficiency with Excel and Powerpoint.

Nice To Haves

Certifications: Progress toward CFA, FCAS, FSA, CQF, or similar designation preferred.
Graduate-level studies in a related field with advanced degree highly desirable.
Progress toward FCAS, FSA, CQF, CFA or similar preferred.

Responsibilities

Produce and maintain P&C capital metrics, including quarterly Return on Capital (RoC) and multiple views of capital for the P&C business.
Develop and deliver reporting decks for senior leadership, rating agencies, and regulatory bodies, ensuring clarity and accuracy.
Continuously monitor and enhance risk and capital management frameworks to support enterprise-wide financial resilience.
Collaborate with Finance, Risk, and Actuarial teams to ensure consistency in capital assumptions and reporting standards.
Identify opportunities to improve reporting efficiency and evolve processes toward insight-driven analysis.
Understands and assesses key needs and is responsible for developing the appropriate quantitative modeling solutions.
Collaborates with departments across the organization or business functions to support strategic goals, objectives, and initiatives.
Builds risk analytic solutions for business problems through collaborating, consulting and driving expectations.
Collaborates with partners and teammates to ensure that consistent model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld.
Crafts clear and concise summaries of findings and recommendations with support.
Uses impactful storylines and data visualization geared to both technical and non-technical audiences.
Develops, tests, implements and administers sophisticated quantitative modeling processes and tools.
Evaluates and ranks quantitative solutions to business problems.
Communicates the key benefits and limitations of sophisticated modeling tools for business applications.
Works across teams to ensure governance of modeling tools are applied consistently.

Benefits

medical/dental/vision
life insurance
short and long term disability coverage
paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
company-paid pension plan
business casual attire