Sr Analyst, Actuarial - P&C Actuarial Development Program

Nationwide Mutual Insurance•Columbus, OH

2d•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. Are you a talented and driven actuarial student seeking a dynamic environment where you can truly make a difference? Nationwide is seeking a passionate Senior Analyst, Actuarial - P&C to join our innovative team and contribute to our continued success. Why Nationwide? Growth Opportunities: Participate in our P&C Actuarial Rotation Program, exploring diverse actuarial functions and expanding your expertise through several functional rotations. Cutting-Edge Environment: Utilize state-of-the-art tools and methodologies to solve complex challenges in the P&C insurance industry. Impactful Work: Perform mathematical and quantitative actuarial analyses that are essential to Nationwide's success and the protection we provide our customers. Collaborative Culture: Work alongside experienced professionals, participate in peer reviews, and contribute to a culture of innovation and continuous improvement. What You'll Do: Develop a deep understanding of actuarial methodologies and data manipulation techniques. Conduct rigorous analyses, adhering to actuarial standards, to develop insightful recommendations. Document assumptions, methods, and sources in a clear and organized manner. Prepare actuarial findings and documents suitable for both technical and non-technical audiences. Collaborate with team members to ensure timely completion of projects and meet deadlines. Build strong business relationships across property and casualty multi-channel finance. Team Structure: This position reports to an Actuarial leader and is part of a team focused on umbrella pricing across multiple business units- Commercial Lines, Agribusiness and Excess & Surplus. There will be many opportunities to build your foundation of actuarial knowledge through various projects related to rate level indications and risk segmentation. In addition, you'll collaborate with a diverse group of professionals- underwriting, finance, product, actuarial- contributing to a supportive and growth-oriented environment. Priorities: Master actuarial methodologies and data analysis techniques. Contribute to the development of innovative solutions to complex business problems. Build strong relationships with key stakeholders across the organization. Continuously improve your skills and knowledge through ongoing training and development. 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 a Senior Analyst, you’ll be expected to learn about the insurance and finance industry, products Nationwide provides and a variety of actuarial software. You will be trained in company and business operations while performing mathematical and quantitative actuarial analyses essential to the success of Nationwide and the protection we provide our customers. This position is expected to be a part of the P&C Actuarial Rotation Program, which will give you the potential opportunity to work on various actuarial, analytics, and risk management teams to learn and develop across different actuarial functions. You will be expected to participate in three rotations of two years each.

Requirements

Undergraduate degree in actuarial science, mathematics, statistics, data science, or a related field.
Have passed two or more actuarial exams.
Basic understanding of Microsoft Office products, analytical software, and programming languages such as SQL, R and Python.
Strong analytical, problem-solving, and communication skills.
Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming or quantitative analysis.
Generally, has passed one or more actuarial exams and is actively enrolled into the Actuarial Student Program.
Basic understanding or ability to learn Microsoft Office products, analytical software and programming languages.
Should have basic competencies including business understanding, problem solving, customer focus, dealing with ambiguity, drive for results and learning ability.

Responsibilities

Begins to develop knowledge of actuarial methodologies, allowing the ability to source and manipulate data within standard requirements.
Conducts analysis, that adheres to actuarial standards, by selecting appropriate data sources and making assumptions to develop recommendations.
Notes any unreasonable results and reports to leader.
Documents assumptions, methods, sources, and considerations in an organized fashion.
Prepares actuarial findings and documents that are suitable for technical and non-technical audiences.
Adheres to assigned work schedule to ensure timely completion of individual tasks and group projects.
Notifies leadership anticipating of any possible missed deadlines.
Participates in peer reviews to increase collaboration, ensure quality work, and drive innovation.
Begins developing business relationships across property and casualty multi-channel finance to provide extraordinary care to all customers.
Completes all required training in a timely manner.
Develops understanding of data mining techniques used to identify new relationships in data.
Gains understanding of, and the ability to use, modeling software.
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