Actuarial Consultant – Professional Lines Pricing - REMOTE

Nationwide Insurance; United States; Remote; USD 80,000 - 120,000; Full time

Job summary

A leading company in the insurance sector is seeking an Actuarial Consultant to join their advanced actuarial team. This role emphasizes innovation and collaboration, focusing on pricing strategy and model enhancement within the D&O insurance portfolio. The ideal candidate will possess strong actuarial expertise and be proficient in data analysis and programming. Opportunities for remote work and professional growth are available.

Benefits

Medical/Dental/Vision

Life insurance

Disability coverage

Paid time off

401(k) with match

Pension

Casual attire

Qualifications

• Five or more years in actuarial roles.
• Typically ACAS, working toward FCAS.

Responsibilities

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

Skills

Actuarial methodologies

Problem-solving

Business understanding

Interpersonal skills

Education

Undergraduate degree in actuarial science

Mathematics

Statistics

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 just 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. The role 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 improvement 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 to generate insights.
3. Collaborate with underwriting and business partners to address performance challenges in the D&O market.
4. Contribute to broader actuarial innovation efforts, including external data integration and advanced analytics.

Preferred Qualifications

• Actuarial experience in professional lines, with a preference for D&O exposure.
• Proficiency in programming languages such as Python/R and SQL.
• Familiarity with data tools/platforms like GitHub, Databricks, PowerBI.
• Ability to work independently and collaboratively within a high-performing team.

Work Environment and Flexibility

• This role can be fully remote.

#LI-remote

#LI-SM1

Job Description Summary

Our Property and Casualty (P&C) Actuarial team offers opportunities to use state-of-the-art tools, encourages innovation, and mastery of actuarial methodologies. If you thrive in such an environment, we want to hear from you!

As an Actuarial Consultant, you’ll need expertise in actuarial functions and P&C products to perform complex analyses, providing consultation and recommendations on models and issues.

This role may include participation in the P&C Actuarial Rotation Program, offering experience across different actuarial, analytics, and risk management teams through multiple rotations. Details will be provided upon your start date.

Key Responsibilities

• Deep knowledge of actuarial methodologies; capable of sourcing and manipulating complex data.
• Conduct complex analyses, adhering to standards, developing recommendations, and resolving issues with professional judgment.
• Document assumptions, methods, sources, and considerations clearly.
• Prepare and present findings for technical and non-technical audiences, representing the company with regulators and external vendors.
• Develop work plans and ensure quality deliverables.
• Lead peer reviews, foster collaboration, and drive innovation.
• Maintain and build relationships with business clients.
• Lead onboarding and training for new associates.
• Apply data mining and predictive modeling techniques, explore new software tools.

Additional responsibilities may be assigned.

Reporting Relationships

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

Skills and Experiences

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

Licenses/Certifications: Typically ACAS, working toward FCAS.

Experience: Generally five or more years in actuarial roles.

Knowledge & Skills: In-depth knowledge of actuarial functions, statistical methods, software, and programming; strong problem-solving, business understanding, and interpersonal skills.

Additional Information

Values: Demonstrates Nationwide Values regularly and consistently.

Job Conditions: Exempt role, normal office environment, remote work possible.

Application deadline: 06/16/2025, early submissions encouraged.

Benefits

Includes medical/dental/vision, life insurance, disability coverage, paid time off, holidays, 401(k) with match, pension, casual attire, and more. Learn more here.

Nationwide is an equal opportunity employer committed to diversity and inclusion. We prohibit discrimination and harassment, providing equal opportunity regardless of protected characteristics.