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!

Please Note: This role is open to working remotely in the United States.

Job Description Summary

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. If this sounds like a place you could thrive, then we want to know more about you!

As the AVP, Personal Lines Countrywide Pricing leaders, you will be responsible for leading the development of new countrywide, state, and line level rate adequacy processes as well as scenario forecasting capabilities. Working in partnership with Nationwide’s Actuarial Modernization team, you will provide both actuarial thought leadership and technical leadership on these key deliverables. Additionally, you’ll lead the delivery, implementation, and training.

Job Description

Key Responsibilities:   

• Develops strategy and provides actuarial thought leadership on new countrywide, state, line level rate adequacy processes as well as a scenario forecasting capability for Home and Auto.

• Partners with Strategic Pricing, Product, Actuarial and Analytics leaders to develop and implement new solutions.

• Leads cross functional teams including your staff, key partner areas, and 3rd party consultants in order to allocate resources ensuring completion of highest priority work.

• Works within tight timelines to deliver a minimum viable product then continuously enhances and evolves the framework as needed.

• Supports core pricing and planning work along with business demand as needed.

• Oversees implementation of data governance in line with enterprise standards.

• Hires, develops and manages actuarial/finance talent. Responsible for talent and succession planning.

• Supports other special projects or ad hoc initiatives (e.g., assisting with strategic partnerships, audits, etc.).

• May perform other responsibilities as assigned.

Reporting Relationships: This job reports to VP, Personal Lines Pricing. Manages a team of 3-4 Actuarial staff.

Typical Skills and Experiences:   

Education:  

Undergraduate studies in actuarial science, business, finance, mathematics, economics, or related field with strong quantitative orientation.  Bachelor’s degree preferred. 

License/Certification/Designation:  

Fellowship in the Casualty Actuarial Society preferred, Associate in the Casualty Actuarial Society required.

Experience:  

Typically, ten or more years related experience (pricing, actuarial, product). Prior management experience required. Prior Personal Lines Pricing experience highly preferred.

Knowledge, Abilities and Skills:   

Proven track record in dramatically improving existing actuarial processes as well as envisioning and delivering completely new processes. Ability to identify needs of the organization and develop a multi-year strategic plan. Demonstrated ability to collaborate across teams and influence to achieve goals. Ability to attract, hire and develop strong talent. Demonstrated strong verbal and written communication skills, including the ability to build and defend a business case, provide executive level recommendations and reporting. Proven ability to comprehend and explain actuarial concepts and other advanced technical concepts.  Ability to assimilate information and make recommendations based on a combination of factors. Foundational knowledge of technology and actuarial data and tools; advanced modeling experience preferred.

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. Depending on level, the approvers may change.  

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.

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 AVP, Personal Lines Countrywide Pricing : 137,000.00-269,000.00

The expected starting salary range for AVP, Personal Lines Countrywide Pricing : 144,000.00 - 240,000.00