Actuarial Consultant – Professional Lines Pricing - REMOTE

National Black MBA Association; Columbus (OH); Remote; USD 80,000 - 100,000; Full time

Job summary

A leading company in the insurance sector is seeking an Actuarial Consultant to join their innovative team. This role focuses on pricing strategy and model enhancement within a fully remote setup. Candidates should have strong actuarial knowledge and experience in professional lines, particularly D&O insurance. The position offers opportunities for growth and collaboration with diverse teams, emphasizing data integration and innovative methodologies.

Benefits

Health coverage

Paid time off

401(k)

Pension

Casual attire

Qualifications

• Five or more years in actuarial roles.
• ACAS license, working towards FCAS.

Responsibilities

• Lead pricing and strategic support for the D&O book of business.
• Conduct complex analyses with professional judgment.
• Collaborate with underwriting and business partners.

Skills

Actuarial methodologies

Statistical analysis

Problem-solving

Customer focus

Leadership

Education

Undergraduate degree in actuarial science

Undergraduate degree in mathematics

Undergraduate degree in statistics

Undergraduate degree in data science

Tools

Python

R

SQL

GitHub

Databricks

PowerBI

Job description

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 words. Our customers are at the center of everything we do, and we’re looking for associates passionate about delivering extraordinary care.

This position supports the Commercial Directors & Officers (D&O) insurance portfolio within the broader Professional Lines segment. It is embedded in a technically advanced actuarial team emphasizing innovation, data integration, and collaboration with underwriting and business leadership. The successful candidate will play a key role in pricing strategy, model enhancement, and performance initiatives.

Key Responsibilities

1. Lead pricing and strategic support for the D&O book of business.
2. Maintain and enhance the Pricing predictive model, integrating public financial data for insights.
3. Collaborate with underwriting and business partners to address market performance challenges.
4. Contribute to actuarial innovation, including external data sources and analytics.

Preferred Qualifications

1. Actuarial experience in professional lines, preferably D&O.
2. Proficiency in Python/R, SQL.
3. Familiarity with data tools like GitHub, Databricks, PowerBI.
4. Ability to work independently and collaboratively.

Work Environment and Flexibility

• This role can be fully remote.

#LI-remote

#LI-SM1

Additional Role Details

Our Property and Casualty (P&C) Actuarial team offers opportunities to use state-of-the-art tools and encourages innovation and mastery of actuarial methodologies. If this environment suits you, we want to learn more about you!

As an Actuarial Consultant, you’ll perform complex analyses, provide expertise and recommendations on actuarial models and issues, and may participate in a P&C Actuarial Rotation Program for diverse learning experiences across teams.

Key Responsibilities

1. Deep knowledge of actuarial methodologies and data manipulation.
2. Conduct complex, standards-compliant analyses with professional judgment.
3. Document assumptions, methods, and sources clearly.
4. Present findings to technical and non-technical audiences, representing the company professionally.
5. Develop work plans and lead peer reviews.
6. Maintain and build relationships with business partners.
7. Lead onboarding and training for new associates.
8. Utilize data mining and predictive modeling techniques, explore new software tools.

Other responsibilities may be assigned as needed.

Reporting and Qualifications

Reports to an Actuarial, Analytics, or Risk Management leader.

Education: Undergraduate degree in actuarial science, mathematics, statistics, data science, or similar.

License: Typically attained ACAS, working towards FCAS.

Experience: Generally five or more years in actuarial roles.

Skills: Knowledge of actuarial methods, statistical analysis, software, and programming languages. Strong business understanding, problem-solving, customer focus, and leadership competencies.

Additional Information

Values: Demonstrates Nationwide Values regularly.

Work Conditions: Normal office environment, exempt status, no overtime eligibility.

Benefits include health coverage, paid time off, 401(k), pension, casual attire, and more. For details, click here.

Nationwide is an equal opportunity employer committed to diversity and inclusion.