Actuarial Specialist, P&C - Programs Pricing

Nationwide Mutual Insurance Company; Columbus (OH); Hybrid; USD 77,000 - 159,000; Full time

Job summary

Join a leading insurance company as an Actuarial Specialist in Columbus, OH. This role involves learning pricing techniques, conducting complex analyses, and collaborating across departments. Ideal candidates will have a strong educational background in actuarial science and relevant experience in P&C insurance. The position offers a hybrid work arrangement and opportunities for professional growth.

Benefits

Medical/Dental/Vision Insurance

Life Insurance

Disability Insurance

Paid Time Off

401(k)

Pension

Business Casual Dress

Qualifications

• Typically, 2-4 years of proven experience in P&C insurance with a focus on pricing.
• Passed four or more actuarial exams, enrolled in the Actuarial Student Program.

Responsibilities

• Learning about various books of business across healthcare and more.
• Generating actuarial indications and discussing non-rate strategies.
• Completing project work relevant to the portfolio.

Skills

Organizational Skills

Effective Communication

Problem Solving

Teamwork

Innovation

Education

Undergraduate degree in actuarial science

Mathematics

Statistics

Data Science

Tools

Microsoft Office

Programming Languages

Job description

Actuarial Specialist, P&C - Programs Pricing page is loaded

Actuarial Specialist, P&C - Programs Pricing

Apply locations: Ohio - Columbus, One Nationwide Plaza; Iowa - Des Moines; Arizona - Scottsdale

Time type: Full time | Posted on: Posted 5 Days Ago | Job requisition id: 92162

At Nationwide, the opportunities are endless! Join our Finance department to grow and learn across diverse disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, and more. We are passionate about delivering extraordinary care to our customers.

This role is as a Specialist working on the Programs’ Pricing portfolio. The ideal candidate will have:

• Ability to learn new pricing techniques in a fast-paced environment
• Strong organizational skills
• Effective communication skills with a professional presence
• Problem solving, innovation, teamwork, and speed to action

Key responsibilities include:

• Learning about various books of business across healthcare, warranty, workers’ compensation, professional liability, property, and more.
• Generating actuarial indications with Pricing leadership and discussing non-rate strategies for niche books.
• Owning a portfolio of Programs, building relationships across departments, and leveraging insights for business recommendations.
• Completing project work relevant to the portfolio and other Pricing areas.
• Assisting in setting financial forecasts for the E&S Programs Pricing books.
• Exploring new software packages and making recommendations.

Preferred Experience:

• Typically, 2-4 years of proven experience in P&C insurance with a focus on pricing.
• Open to students still taking exams requiring exam support.

Location:

• Staffed at the F pay band, located in Columbus (OH), Scottsdale (AZ), or Des Moines (IA). Hybrid work arrangement: 2 days in-office, 3 days remote.

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Job Description Summary

Our P&C Actuarial team offers opportunities to use state-of-the-art tools, innovate, and master actuarial methodologies. If you thrive here, we want to hear from you!

As an Actuarial Specialist, you will deepen your knowledge of actuarial functions for P&C products and perform complex analyses vital to Nationwide’s success and customer protection.

This position may include participation in the P&C Actuarial Rotation Program, offering rotations across actuarial, analytics, and risk management teams over two-year periods. Details provided upon start.

Key Responsibilities:

• Develop deeper knowledge of actuarial methodologies and manipulate complex data.
• Conduct analyses conforming to actuarial standards, selecting data sources, making assumptions, and reporting findings.
• Document assumptions, methods, sources, and considerations systematically.
• Present findings to technical and non-technical audiences.
• Adhere to work schedules, notify leadership of potential delays.
• Perform peer reviews to ensure quality and foster collaboration.
• Build relationships across finance functions and assist onboarding and training.
• Use data mining techniques, explore new software, and develop predictive modeling skills.

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.

License/Certification/Designation: Passed four or more actuarial exams, enrolled in the Actuarial Student Program.

Experience: Three or more years in actuarial roles.

Knowledge, Abilities, Skills: Knowledge of actuarial functions, statistical methods, software, and databases; proficiency in Microsoft Office and programming languages; problem solving, customer focus, and adaptability.

Leadership skills and other competencies may be prioritized.

Staffing exceptions require approval.

Values: Demonstrate Nationwide Values consistently.

Job Conditions:

• Overtime Eligibility: Not Eligible (Exempt)
• Working Conditions: Normal office environment

ADA: Accommodations possible; circumstances may vary.

Benefits:

Includes medical/dental/vision, life insurance, disability, paid time off, holidays, 401(k), pension, business casual, and more. Details available on our website.

Nationwide is an equal opportunity employer committed to diversity and inclusion. We prohibit discrimination and harassment.

Smoke-Free Iowa Statement: Smoking is prohibited in enclosed areas; designated smoking areas are provided.

Note to Employment Agencies:

We do not accept unsolicited resumes from agencies without a signed agreement. No fee is paid unless a candidate is hired through our process.

The salary range is $77,000 - $159,000, with an expected starting range of $85,500 - $128,500, depending on various factors.