Nationwide Insurance logo
Nationwide Insurance

Nationwide Insurance, founded in 1926, is one of the oldest and most well-respected insurance agencies in the United States. Headquartered in Columbus, Ohio, where more than 10,000

Senior Actuarial Associate

Location

United States

Posted

4 days ago

Salary

$118K - $222K / year

Seniority

Senior

No structured requirement data.

Job Description

Senior Actuarial Associate

Nationwide Insurance

Role Description 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. 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. Key Responsibilities - 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. Qualifications - 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. - Strong analytical and problem-solving skills. - Able to communicate and collaborate across functions effectively. - Curious and innovative; willing to challenge assumptions and develop creative solutions to actuarial and business problems. - Experience with AXIS and/or ALFA actuarial software. - Aptitude for diverse technologies: SQL, Databricks, Power BI, Tableau, Python, etc. - Proficiency in Microsoft Teams & Office suite. Requirements - This role does not qualify for employer sponsored work authorization. - Nationwide does not participate in the STEM OPT extension program. - It is our intention to fill this role in Columbus, OH. However, applications from candidates working remotely who bring critical industry skills and relevant experience may be considered. 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. - And more.

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Job Closed