Actuarial Sr. Consultant, Businessowner Pricing - REMOTE

Nationwide Insurance; Columbus (OH); Remote; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Actuarial Consultant to join their Businessowner commercial pricing team. This role offers a unique opportunity to leverage advanced analytics and innovative methodologies to enhance pricing strategies and risk segmentation. You will work in a collaborative environment, conducting product reviews and developing actuarial models that drive financial success. With a hybrid work model and a focus on professional growth, this position is perfect for those passionate about actuarial excellence and technology. Join a team dedicated to delivering extraordinary care to customers while shaping your career journey.

Qualifications

• Experience in developing and maintaining actuarial models.
• Strong proficiency in Python and/or R.

Responsibilities

• Conduct state product reviews and enhance manual rating plans.
• Collaborate with data scientists to develop actuarial models.

Skills

Python

R

Analytical Skills

Problem-Solving Skills

Tools

GLM

Multivariate Models

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.

Senior Actuarial Consultant, Commercial Lines – Businessowner Pricing

We are seeking a highly skilled Senior 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 new perspectives and innovative ideas to enhance actuarial services.
5. Analyze results and present findings to internal teams.
6. Collaborate with data scientists or predictive modelers to develop and implement models such as GLM and multivariate models.
7. Contribute to the development, maintenance, and enhancement of actuarial models and tools.
8. Work across teams for seamless integration of models and insights into business processes.

Preferred Experience:

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

This position offers a collaborative, innovative environment with opportunities for growth. If you’re passionate about leveraging technology for actuarial excellence, we encourage you to apply.

The role is hybrid, with 2 days/week at our offices in Columbus, OH, Des Moines, IA, or Scottsdale, AZ. Relocation assistance may be provided. Staffing at G5 pay band.