As a team member in the Finance 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, Internal Audit, 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.

We are looking for an Actuary to support our Annuity Pricing team focused on fixed and indexed products.

Role will be filled in Columbus, OH, Des Moines, IA or Scottsdale, AZ.

Compensation Grade: G4

Job Description Summary

Our Nationwide Financial (NF) Actuarial team members have opportunities to use state-of-the-art tools and 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 Actuarial Consultant, you’ll need to be adept at actuarial functions and know NF products to perform sophisticated, quantitative actuarial analyses. In addition, we’ll count on you to provide expertise, including consultation and recommendations, on actuarial models and issues.

This position may have the opportunity to be a part of the NF Actuarial Rotation Program, which will give you the potential opportunity to work on various actuarial, analytics, and risk management teams to learn and develop across different actuarial functions. Should you choose to participate in the program, you will participate in two to three rotations of one year each. Full program details will be provided to you upon your start date.

Job Description

Key Responsibilities: 

Compiles, categorizes, and analyzes data.

Performs construction of testing tools and analysis of product calculations.

Constructs, maintains, and conducts Actuarial, Projection & Valuation Models.

Performs financial reporting and analysis.

Leads 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.

Supports and may develop effective communication strategies and recommendations to leadership.

Leads peer reviews to increase collaboration, ensure quality work, and drive innovation.

Maintains relationship with business customers as well as builds new relationships.

Leads onboarding and training for 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 attained ASA and is actively enrolled in the Actuarial Development Program; working towards FSA. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.

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

Knowledge, Abilities and Skills:  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. Should have basic competencies including: command skills, strategic agility, delegation, motivating others, business perspective, and accounting. Should have highly-developed competencies in: 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.