Actuarial Consultant - P&C Property Risk and Actuarial

Nationwide; Des Moines (IA); Hybrid; USD 108,000 - 200,000; Full time

Benefits offered by this job

Medical/dental/vision

Life insurance

Disability coverage

Paid time off

Holiday pay

401(k) with company match

Pension plan

Business casual attire

Job summary

Nationwide Mutual Insurance Company in Des Moines, IA seeks an Actuarial Consultant for P&C who will perform complex actuarial analyses, support pricing and risk management, and collaborate with pricing and modeling teams. The role offers rotation opportunities within the P&C Actuarial Rotation Program and exposure to various analytics functions.

Ideal candidates have five or more years of actuarial experience, an ACAS designation or progress toward FCAS, and strong skills in data mining,

Qualifications

• Undergraduate degree in actuarial science, mathematics, statistics, data science or similar.
• Five+ years actuarial experience preferred.
• Proficient in actuarial software and databases.

Responsibilities

• Has in depth knowledge of actuarial methodologies and can source/manipulate complex data.
• Conducts complex analyses and presents findings to senior leadership.
• Documents assumptions, methods, and sources clearly for technical and non-technical audiences.
• Leads onboarding and training for new associates on standard processes.
• Applies data mining and predictive modeling techniques to identify relationships in data.

Skills

Communication

Curiosity mindset

Catastrophe modeling

R/Python/SQL

Power BI reporting

Education

Undergraduate degree in actuarial science, mathematics, statistics, data science or similar

Tools

Databricks

Job description

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! 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.

This role sits within P&C Finance, primarily supporting risk and return analysis & reporting for property lines. We are seeking a driven individual desiring to influence positive outcomes on P&C risk, capital, and pricing strategies.

Key Responsibilities include:

• P&C property actual vs technical pricing analysis & reporting
• Developing consistent catastrophe pricing standards in alignment with Nationwide's view of catastrophe risk
• Partnering with business unit actuarial pricing & modeling teams with property pricing sophistication initiatives
• Supporting P&C forecasting, planning, and evaluation of reinsurance placements as they impact CAT risk and pricing strategies

Preferred Skills include:

• Effective communication skills and ability to influence & partner with stakeholders across the organization
• Curiosity mindset applied to solving unique business and ERM challenges
• Familiarity with catastrophe modeling output and analytics
• Data management and analytics experience using R, Python, and/or SQL, with exposure to cloud data platforms such as Databricks
• Experience translating analysis into decision ready reporting and dashboards (e.g., Power BI)

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

The role is preferred to be hybrid in one of three locations: Des Moines, IA, Columbus, OH, or Scottsdale, AZ. We are also open to a remote candidate that brings the skills and experience for the role.

#LI-KD1

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 an Actuarial Consultant, you’ll need to be adept at actuarial functions and know P&C products to perform complex, 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 P&C 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 two years each. Full program details will be provided to you upon your start date.

Job Description

Key Responsibilities:

• Has in depth knowledge of actuarial methodologies with the ability to source and manipulate complex data within standard requirements.
• Conducts complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing considerations, and developing recommendations. Resolves unreasonable results/non-optimal solutions using experience and professional judgment.
• Accurately documents assumptions, methods, sources, and considerations in an organized fashion.
• Prepares and presents actuarial findings and documents that are suitable for technical and non-technical audiences at the senior Actuarial leadership level. May professionally represent company position with regulators, auditors, and external vendors.
• Develops work plans and ensures accurate work product is delivered.
• 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.
• Applies data mining techniques used to identify new relationships in data and make recommendations based on findings. Builds and validates models in different software packages. Explores the use of new software packages. Has practical use of predictive modeling.

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, data science or similar background requiring modeling, programming or quantitative analysis.

License/Certification/Designation: Generally, has attained ACAS and is working towards FCAS. PLEASE REFER TO THE NATIONWIDE PC INSURANCE COMPANY ACTUARIAL STUDENT PROGRAM FOR ADDITIONAL INFORMATION.

Experience: Generally, five or more years of actuarial experience.

Knowledge, Abilities and Skills: Detailed knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Proficient in Microsoft Office products, analytical software 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.

We currently anticipate accepting applications until 11/19/2026. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.

Benefits

• 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.

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.

This position could be filled within any of the lower 48 U.S. states.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

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

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. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule. The national salary range for Consultant, Actuarial - P&C : $108,000.00-$200,000.00 The expected starting salary range for Consultant, Actuarial - P&C : $108,000.00 - $162,000.00