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!

This role will perform asset adequecy analysis across multiple lines of business. the following experience is required for this position:

• Actuarial Modeling software experience (AXIS and ALFA preferred)
• 2 or more years of actuairal experinece
• SQL knowledge

Preferred skills include:

• Life insurance or annuities experience
• Visualization software such as Tableau or Power BI
• Valuation experience

This role will be staffed at the internal F or G payband. The preferred location is Columbus, OH, but can be remote.

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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 Senior Analyst, you'll be expected to learn about the insurance and finance industry, products Nationwide provides and a variety of actuarial software. You will be trained in company and business operations while performing mathematical and quantitative actuarial analyses essential to the success of Nationwide and the protection we provide our customers.

This position is expected to be a part of the NF Actuarial Development Program. Full program details will be provided to you upon your start date.

Job Description

Key Responsibilities: 

• Compiles, categorizes, and analyzes data with limited supervision.
• Builds testing tools, analysis of product calculations and product illustrations.
• Aids in creating, maintaining, and executing of Actuarial, Projection & Valuation Model.
• Participates in pricing and implementation for products.
• Developing skills to analyze risk for lines of business.
• Aids in valuation/reserving under multiple accounting regimes (statutory, GAAP, and tax) for products.
• Assists and supports analysis and support of reinsurance opportunities.
• Supports the creation of documentation and presentations for leadership.
• Assists with onboarding and training new associates on standard work processes.
• May perform other responsibilities as assigned.

 

Reporting Relationships:  Reports to an Actuarial, Analytics, or Risk Management leader.

 

Typical Skills and Experiences: 

 

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

 

License/Certification/Designation: Generally, has passed four or more actuarial exams and is actively enrolled into the Actuarial Development Program. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.

 

Experience:  Typically, two years of actuarial experience.

 

Knowledge, Abilities and Skills:  General 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 business understanding, problem solving, customer focus, dealing with ambiguity, drive for results and learning ability.

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

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

 

Values:  Regularly and consistently demonstrates Nationwide Values.

 

Job Conditions: 

 

Overtime Eligibility: Not Eligible (Exempt)

 

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. 

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.

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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, Actuarial - NF : 73,500.00-152,000.00

The expected starting salary range for Specialist, Actuarial - NF : 81,500.00 - 122,500.00