Actuarial Consultant, Businessowner Pricing - REMOTE

Nationwide; Des Moines (IA); Remote; USD 80,000 - 120,000; Full time

Job summary

Nationwide is seeking an Actuarial Consultant for their Businessowner Pricing team. This remote role involves conducting state product reviews, providing pricing recommendations, and enhancing actuarial models. The ideal candidate will have strong analytical skills and proficiency in Python and R, contributing to innovative actuarial services.

Qualifications

• Experience in developing and maintaining actuarial models, especially GLM and multivariate models.
• Strong analytical and problem-solving skills.

Responsibilities

• Conduct state product reviews.
• Enhance manual rating plans and provide pricing recommendations.
• Assess rate adequacy to ensure financial success.

Skills

Analytical skills

Problem-solving skills

Proficiency in Python

Proficiency in R

Job description

Join to apply for the Actuarial Consultant, Businessowner Pricing - REMOTE role at Nationwide

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 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 passionate about delivering extraordinary care.

Actuarial Consultant, Commercial Lines – Businessowner Pricing

We seek a highly skilled Actuarial Consultant to join our Businessowner commercial pricing team. This role supports the pricing function by conducting state product reviews, providing risk segmentation and pricing recommendations, and assessing rate adequacy to promote financial success. The ideal candidate will bring innovative ideas to deliver high-level actuarial services to our business customers.

Key Responsibilities

1. Conduct state product reviews
2. Enhance manual rating plans, establish risk segmentation, and provide pricing recommendations
3. Assess rate adequacy to ensure financial success
4. Introduce innovative ideas to improve actuarial services
5. Analyze results and present findings to internal teams
6. Collaborate with data scientists or modelers to develop and implement models like GLM and multivariate models
7. Maintain and enhance actuarial models and tools
8. Work with teams to integrate models and insights into business processes

Preferred Experience

1. Proficiency in Python and/or R
2. Experience in developing and maintaining actuarial models, especially GLM and multivariate models
3. Strong analytical and problem-solving skills

This position offers a collaborative environment with growth opportunities. The role can be hybrid (2 days/week in specified locations) or fully remote, with relocation assistance available. The position is classified at the G4 pay band.