Sr Actuarial Associate, E&S/S Programs (Remote)

Nationwide Mutual Insurance•Columbus, OH

4d•Remote

About The Position

This role provides portfolio oversight for the E&S/S Programs Planning Unit. Responsibilities include: Lead program-level profitability reviews and recommend actions on rate, non-rate, mix, and reinsurance. Own core pricing assumptions and methodologies for assigned programs, aligned to Reserving, Planning, and target CR / PLR. Build and maintain pricing and monitoring tools (rate/retention, AvE/AvT, segmentation) using BDX and internal data. Act as a strategic partner to Program Underwriting, CFO, and DDS, turning analytics into clear recommendations and supporting new program vetting. Our Property and Casualty (P&C) 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 an Actuarial Sr Consultant, you’ll need to have detailed familiarity with business operations, systems, and actuarial methodologies. We’ll count on you to be adept at complex actuarial techniques and work independently to combine advanced actuarial and business knowledge to provide high-level analysis. Additionally, you’ll have expertise to provide consultation and recommendations on deliverables and maintain detailed documentation of actuarial models and analyses. You’ll work independently and may lead others.

Requirements

ACAS credential
Background in the MGA/MGU space, reinsurance a plus.
Ability to work independently and solve complex insurance and actuarial challenges.
Entrepreneurial mindset with strong analytical and collaboration skills.
Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming or quantitative analysis.
Generally attained ACAS and is working towards FCAS or recently attained FCAS.
Generally, six or more years of actuarial experience.
Detailed knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases.
Proficient in Microsoft Office products, analytical software and programming languages.
Should have basic competencies including command skills, strategic agility, delegation, motivating others, business perspective and accounting.
Should have highly-developed competencies in business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability.

Nice To Haves

reinsurance a plus

Responsibilities

Lead program-level profitability reviews and recommend actions on rate, non-rate, mix, and reinsurance.
Own core pricing assumptions and methodologies for assigned programs, aligned to Reserving, Planning, and target CR / PLR.
Build and maintain pricing and monitoring tools (rate/retention, AvE/AvT, segmentation) using BDX and internal data.
Act as a strategic partner to Program Underwriting, CFO, and DDS, turning analytics into clear recommendations and supporting new program vetting.
Acts as a technical expert of actuarial methodologies allowing the ability to source and manipulate data within standard requirements.
Conducts complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing considerations, and developing recommendations.
Resolves unreasonable results/non-optimal solutions using experience and professional judgment.
Begins using results to influence decisions at a higher level.
Accurately documents assumptions, methods, sources, and considerations in an organized fashion.
Prepares and presents actuarial findings and documents that are suitable for technical and non-technical audiences at the senior Actuarial leadership level.
May professionally represent company's position with regulators, auditors, and external vendors.
May negotiate within defined parameters.
Develops cross functional work plans and ensures accurate work product is delivered.
Leads cross functional peer reviews to increase collaboration, ensure quality work, and drive innovation.
Builds business relationships and leads cross functional communication with team members, customers, and business partners.
Leads onboarding and training for new associates on standard work processes.
Assists in creating new training materials.
Applies data mining techniques used to identify new relationships in data and make recommendations based on findings.
Has expert ability or knowledge of modeling, validation, and predictive modeling.
Explores the use of new software packages and makes recommendations.
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