Sr. Consultant, Capital Forecasting

Nationwide•Columbus, OH

7h•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. Sr. Consultant, Capital Forecasting The Sr. Consultant, Capital Forecasting 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 will lead Property & Casualty (P&C) capital forecasting, providing high-impact insights on capital adequacy, supporting strategic decision-making, and delivering transparency to senior leadership and external stakeholders. Job Description Summary 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 transforming 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 Senior Consultant, you’ll be responsible for the creation and management of risk analytics projects to solve business problems and objectives. You’ll work strategically and consultatively with business partners across the organization to match quantitative analysis with business needs. We’ll count on you to be the key point of contact, linking business to technical research. It’s imperative that you have both a confirmed understanding of quantitative analytics and that you are able to expertly articulate solutions to many levels of leadership.

Requirements

Education: Bachelor’s degree in Finance, Actuarial Science, Risk Management, or related field; advanced degree preferred.
Experience: 10+ years of experience in risk analytics, capital modeling, or financial reporting; insurance industry experience is a plus.
Technical Skills: Strong understanding of capital frameworks, including BSCR, Solvency II/UK and economic capital.
Other Skills: Proven ability to lead teams and manage complex reporting processes. Excellent analytical, communication, and stakeholder management skills.
Undergraduate studies in finance, accounting, economics, statistics, mathematics or related subject area required.
Typically, seven or more years of related work experience in financial risk modeling or actuarial functions.
Proven knowledge of processes and functions spanning the insurance and risk management cycle.
Understands machine learning, stochastic processes, Monte Carlo simulations, sampling methods and other statistical techniques applicable to specialized risk modeling.
Confirmed mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc.
Advanced understanding of risk management operations such as asset-liability management, portfolio risk assessment, hedging, etc.
Sophisticated communication and presentation skills.
Advanced proficiency with Excel and Powerpoint.

Nice To Haves

advanced degree preferred.
insurance industry experience is a plus.
Graduate-level studies in a related field with advanced degree highly desirable.
Progress toward FCAS, FSA, CQF, CFA or similar preferred.

Responsibilities

Ownership and production of the P&C capital metrics, including quarterly Return on Capital (RoC) and multiple views of capital for the P&C business.
Continuously monitor and enhance P&C risk and capital management frameworks to support enterprise-wide financial resilience.
Deliver timely and accurate analytics to support P&C capital deployment and optimize capital efficiency.
Oversee international capital forecasting and ensure compliance with regulatory frameworks such as BMA and Solvency II/UK
Collaborate with senior leadership to provide insights on capital efficiency and risk-adjusted returns.
Understands and assesses key business needs.
Proactively owns the strategic development of appropriate quantitative modeling solutions.
Collaborates with organizational departments or business functions to accomplish strategic goals, objectives, and initiatives.
Builds risk analytic strategies for business problems through collaborating, consulting and driving expectations.
Leads in the understanding and analysis of models across the enterprise to ensure that model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld.
Crafts clear and concise summaries of findings and recommendations.
Uses impactful storylines and data visualization geared to both technical and non-technical audiences.
Drives business value through crafting and communicating strategic business solutions to leaders.
Leads all aspects of development, testing, implementation and administration of quantitative modeling processes and tools.
Evaluates and ranks quantitative solutions to business problems.
Leads communication of the key benefits and limitations of sophisticated modeling tools for business applications.
Leads governance of modeling tools and ensures they 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