As a team member in the Finance and Internal Audit department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor and so much more. 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.

Job Summary:

This position, Actuarial - Financial Specialist, is in the technical track of the Actuarial job family and is part of the Annuity Inforce Management team. This role does not require management experience, and will require a hands on approach to actuarial technology. Primary responsibilities of the role include the following:

• Development of User interfaces, Calculators and productivity tools in support of Actuarial Modernization
• Assist in the development and implementation of Actuarial technology governance for User Interfaces, Calculators and productivity tools. This will likely include performing code reviews and monitoring environments
• Manage and execute day to day activity associated with existing Actuarial infrastructure including the SQL Server Database, Integration Services and Report Services environments
• Prioritizing and executing Corporate Actuarial application development and enhancement efforts, which includes the use of current Actuarial technologies (ESP, VB.NET, SQL Server)
• Ensuring Nationwide Information Risk Management and Data Governance standards are met

Job Requirements:

• Motivated candidate with excellent technical skills and firm grasp of NF Actuarial functions
• Experience writing code (VB, C#, C++ or related language preferred) is required
• 3+ years SQL Server experience required
• Candidates should demonstrate ability to work in a collaborative team environment
• Good organizational skills and attention to detail required to execute Actuarial lead function
• Strong analytical ability required
• Strong written and verbal communication skills are required

Preferred Skills:

• Actuarial experience or completion of actuarial exams (making progress towards ACAS).
• Experience with GGY AXIS or MG ALFA

This role can be staffed remotely and F3 is the internal pay band.

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Job Description Summary
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 a Technical Consultant, you'll be an actuarial technical specialist for planning, driving, communicating and executing projects that may impact multiple lines of business and/or administrative areas. Additionally, you will provide expertise, including consultation and recommendations, for ratemaking or valuation purposes.

Job Description

Key Responsibilities:

• Compiles, categorizes and analyzes data.
• Performs construction of sophisticated testing tools and analysis of product calculations.
• Performs construction, maintenance and execution of actuarial, projection and valuation models.
• Performs financial reporting and analysis.
• Performs pricing and implementation of products.
• Analyzes risks for lines of business.
• Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP and tax) for products.
• Performs reinsurance analysis and pricing.
• Develops effective communication strategies and recommendations to leadership and creates supporting documentation when requested.
• Performs activities related to a specialized phase of data and analytics which may include data governance, data strategy development, data modeling, data requirements, data manipulation, and /or requirement elicitation.
• Performs moderately sophisticated business processes; implements new programs and/or modifications of existing applications. Consults on cross-functional project teams.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Financial Director, Actuarial, or other financial/actuarial manager.

Typical Skills and Experiences:

Education: Undergraduate degree in actuarial science, mathematics, statistics, computer science or similar background requiring modeling, programming or quantitative analysis.

Experience: Typically, four or more years of actuarial or relevant experience.

Knowledge, Abilities and Skills: Knowledge of actuarial business functions, statistical methods of analysis, company actuarial systems and databases and their integration, technical facility with leading computer tools and technology. Proficient in Microsoft Office products (including VBA within Access and Excel), programming languages and likely actuarial models. Basic level of command skills, strategic agility, delegation, motivating others, business perspective, and accounting. Proficient level of perspective, dealing with ambiguity, customer focus, drive for results, learning on the fly and analysis. Mastery level of problem solving and making the best use of system capabilities.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by Chief Actuary and Associate Vice President, Human Resources.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Conditions:

Overtime Eligibility: Exempt (Not eligible)

Working Conditions: Normal office environment.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

We currently anticipate accepting applications until 08/11/2024. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.

Benefits

We have an array of benefits to fit your needs, including: 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. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

This position could be filled within any of the lower 48 U.S. states.

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Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.

For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.

The national salary range for Specialist, Financial - Actuarial : $69,000.00-$142,000.00

The expected starting salary range for Specialist, Financial - Actuarial : $76,500.00 - $114,500.00