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!

　　Compensation Grade: H3.

　　This position could be filled as an H3 Or H4 depending on experience and qualifications.

　　Responsibilities will include, but are not limited to:

　　Provide competitive research and analysis for individual annuities, to understand the product landscape and market trends related to pricing, product offerings, marketing, and market share.

　　Lead the research and development of new product concepts in a test and learn environment, serve as a liaison between business and corporate functions, and provide actuarial support to product managers and their customers.

　　Enhance team’s model and data analytical capabilities through developing pricing methodologies, refining pricing models, and mining data for pricing and marketing research.  

　　Partner with corporate actuarial functions and support key initiatives to deliver against the business strategies, sales and profit goals. Potential projects include capital planning, risk management framework development, assumption unlocking, and actuarial modernization.

　　Preferred Qualifications:

　　Bachelor’s degree in Math, Statistics, Economics, Finance, Actuarial Science, Computer Science, or other analytical major; an advanced degree is a plus but not required (e.g., MBA, CFA, or Ph.D.)

　　Strong knowledge of US life and annuity products and markets; previous experience on annuities, pricing, hedging, or risk management is preferred

　　Proven record of using Python, SQL, Tableau, Axis, or closely related programming and actuarial/pricing software on solving business problems

　　Proactive individual who demonstrates strong initiative and can provide strategic thinking with solid analytical, visionary, and conceptual skills

　　Team player who can function as a key member of a small group with great autonomy and taking a high degree of ownership for their areas of responsibility; and can establish and maintain strong internal relationships within the company

　　Job Description Summary

　　Our Nationwide Financial 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 an Actuary, you’ll show a mastery of business operations, systems and actuarial methodologies. You will provide leadership, direction and oversight for the performance of sophisticated actuarial techniques and procedures and risk analysis. In addition, you’ll develop a strategic vision for the team to ensure efficient, consistent and integrated data and analysis. We’ll count on you to provide business recommendations that are crucial to the success of Nationwide and the protection we provide our customers. You’ll need to work independently and may directly or indirectly lead others.

　　Job Description

Key Responsibilities:

　　Constructs sophisticated testing tools and product calculations.

　　Builds, maintains and computes Actuarial, Projection & Valuation Models.

　　Conducts financial reporting and analysis.

　　Prices and supports implementation of products.

　　Conducts risk analysis for lines of business/products.

　　Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.

　　Leads and provides experienced knowledge for the analysis of reinsurance opportunities.

　　Builds cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level.

　　May perform other responsibilities as assigned.

　　Reporting Relationships: Reports to Actuarial 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: FSA required. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.

　　Experience: Typically, five to seven years of actuarial experience.

　　Knowledge, Abilities and Skills: Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Mastery of Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages. Basic level of organizational agility and conflict management. Proficient level of command skills, strategic agility, delegation, motivating others, business perspective, and accounting. Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.

　　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 Human Resources Business Partner.

　　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.

　　#LI-AP1

　　#actuarialAttention Colorado applicants, the pay range for this position is:

　　$103,000.00 - $150,000.00