Technical Actuarial Director - P&C Planning & Forecasting
About The Position
This role supports P&C Planning & Forecasting by serving as a bridge between actuarial, finance, and technology teams to advance planning capabilities, modernize systems and processes, and help shape the future state of planning and forecasting through meaningful transformation work. The role will also lead a small team of associates. 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. As a Technical Director, you’ll show a mastery of business operations, systems, and actuarial methodologies. You will provide leadership, direction and oversight for the performance of complex actuarial techniques and procedures and risk analysis. You’ll also develop a strategic vision for the team to ensure efficient, consistent and integrated data and analysis. Additionally, you’ll provide business recommendations that are crucial to the success of Nationwide and the protection we provide our customers. We’ll count on you to work independently and lead others.
Requirements
- Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming or quantitative analysis preferred.
- Generally, nine years of related experience in actuarial or statistical support role.
- Expert knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases.
- Mastery of Microsoft Office products, analytical software and programming languages.
- Basic level of organizational agility.
- Proficient level of command skills, strategic agility, delegation, inspiring others, business perspective and accounting.
- Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.
- Regularly and consistently demonstrates Nationwide Values.
Nice To Haves
- Post graduate degree preferred.
Responsibilities
- Serving as an actuarial subject matter expert on forecasting methodologies, assumptions, and insurance business context
- Applying that expertise to planning and forecasting workflows and helping ensure outputs are reasonable, actionable, and aligned with business needs
- Helping design and validate calculation logic
- Supporting testing and implementation of system enhancements
- Partnering across teams to translate business needs into effective solutions
- Strengthening the reliability, usability, and ongoing evolution of planning and forecasting tools and reporting
- Acts as technical expert of actuarial methodologies, allowing the ability to source and manipulate data within standard requirements.
- Identifies new ways to utilize data driving overall strategic vision.
- Conducts complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing considerations and developing recommendations.
- Accountable for resolving unreasonable results/non-optimal solutions using experience and professional judgment.
- Analysis conducted will be used to influence broad, strategic vison of Nationwide.
- Accurately documents assumptions, methods, sources and considerations in an organized fashion.
- Creates cohesive presentations and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level.
- May professionally represent company's position with regulators, auditors and external vendors.
- May negotiate within defined parameters.
- Responsible for strategic development and oversite of multiple work plans, ensuring accurate and timely delivery of product.
- Strategic leader of peer review process.
- Responsible for driving collaboration cross functionally, identifying gaps in process, recommending and implementing changes as needed to ensure quality work.
- Builds strategic business relationships at all levels of the organization to drive solution delivery.
- Responsible for identifying skill gaps and developing training materials to upskill associates for future business needs.
- Strategic advisor of data mining techniques used to identify new relationships in data.
- Makes recommendations on data and software packages that help drive strategic vision of P&C actuarial and business success.
- Has expert knowledge of modeling, predictive modeling and software applications.
- Operates as corporate leader to advance and influence the strategic direction within and outside of the organization.
- Consults and provides expert advice on new or enhanced product development opportunities, including discussions on data needed for analysis, coding implications and opinions on the viability and profitability of the proposals.
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Manager
