Sr Consultant, Actuarial – Retirement Solutions Financial Reporting - REMOTE

Nationwide•Columbus, OH

1d•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. Sr Consultant, Actuarial – Retirement Solutions Financial Reporting - REMOTE Are you an experienced actuary who enjoys complex annuity valuation, financial reporting, and solving thorny modeling problems? Join our Retirement Solutions Financial Reporting team and help shape how we measure and manage results across a diverse group of retirement products. Our Nationwide Financial (NF) 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 Senior Consultant, you’ll need to have detailed familiarity with business operations, systems, and actuarial methodologies. We’ll count on you to be adept at sophisticated actuarial techniques and work independently to combine advanced actuarial and business knowledge to provide high-level analysis. Additionally, you’ll provide consultation and recommendations on deliverables and maintain detailed documentation of actuarial models and analyses. You’ll work independently and may lead others.

Requirements

Strong background in retirement or annuity products (GAAP and/or statutory), with experience supporting quarterly closes and/or forecasting.
Hands-on experience with at least one major actuarial modeling platform (e.g., GGY AXIS, MG-ALFA) and comfort working with complex projection models.
Solid data and tooling skills (e.g., SQL, Excel/VBA) with the ability to trace results from model output through to the ledger and financial statements.
Proven ability to communicate complex actuarial concepts to non-actuarial partners (finance, controllership, business leadership).
Demonstrated ownership mindset, strong problem-solving skills, and the ability to manage multiple priorities around key reporting deadlines.
ASA Required
Undergraduate degree in actuarial science, mathematics, statistics, or similar background requiring modeling, programming, or quantitative analysis.
Generally attained ASA and is actively enrolled in the Actuarial Development Program; working towards FSA or recently attained FSA.
Typically, four to seven years of actuarial experience.
Proven knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases.
Proficient in Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages.
Should have basic competencies including: command skills, strategic agility, delegation, motivating others, business perspective, and accounting.
Should have highly-developed competencies for: business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability.

Nice To Haves

FSA or progress towards FSA highly preferred.
Experience with LDTI and/or recent reserve methodology changes for annuity business.
Familiarity with derivative/hedging and FAS 133 concepts for guaranteed products.
Prior exposure to reinsurance structures and their impact on valuation and earnings.
Progress toward FSA with relevant life/annuity exams; ASA required-FSA is a plus.

Responsibilities

Support quarterly GAAP and statutory valuation, financial reporting, and forecasting for Retirement Solutions products (e.g., recordkeeping, fixed and indexed annuities, stable value products, in-plan income guarantees, pension risk transfer).
Maintain and enhance GGY AXIS models and related tools ensuring methods remain robust, efficient, and well-controlled.
Partner with Pricing, Controllership, and Valuation to support transactions (e.g., reinsurance, block transfers) and strategic projects that improve capital efficiency and reduce earnings volatility.
Collaborate with peers and leaders to identify and implement process and model improvements that enhance transparency, consistency, and speed-to-decision.
Compiles, categorizes, and analyzes sophisticated data sets.
Builds complicated testing tools and conducts detailed analysis of product calculations.
Constructs, maintains, and performs Actuarial, Projection, and Valuation Models.
Builds financial reporting tools and completes analysis.
Prices and implements products.
Conducts complicated risk analysis.
Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.
Performs reinsurance analysis and pricing.
Crafts effective communication strategies and recommendations to leadership.
Develops supporting documentation.
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.
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