Specialist, Risk Analytics

Nationwide Mutual Insurance•Columbus, OH

5d•Hybrid

About The Position

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. 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. Join a high-impact quantitative modeling team driving multiple modeling and risk management functions. In this role, you’ll work across a broad spectrum of quantitative modeling that spans across capital risk, investment risk, P&C product risk, and cashflow projection. You’ll have the freedom to pursue projects that excite you most, collaborate with diverse teams, and develop analytical solutions that help support Nationwide’s growth and safeguard Nationwide’s capital strength. Most importantly, you’ll thrive in a supportive environment where trust and respect are foundations, and where your career aspiration is championed. We’re looking for someone who is intellectually curious, eager to learn, and excited to work on meaningful challenges. Whether you're early in your career or bring specialized experience, we welcome diverse backgrounds and perspectives. 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 actuarial science, finance, economics, mathematics, statistics, or related field required; advanced degree preferred.
Experience: Have work experiences in actuarial functions or quantitative modeling is a plus.
Technical Skills: Be able to use at least one programming language in Python, R, and/or Matlab; Have strong Excel skills.
Knowledge: Great fundamental knowledge in mathematics and statistics.
Soft Skills: Ability to communicate technical concepts effectively; strong written and verbal communication skills.
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 FCAS, FSA, CQF, CFA or similar designations is a plus.
Graduate-level studies in a related field with advanced degree highly desirable.
Other criteria, including leadership skills, competencies and experiences may take precedence.

Responsibilities

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.
May perform other responsibilities as assigned.

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