Actuarial Sr. Consultant - Casualty Programs Pricing Leader - REMOTE

Nationwide Insurance; Des Moines (IA); Remote; USD 80,000 - 120,000; Full time

Job summary

Join a forward-thinking company as an Actuarial Sr Consultant, where you'll leverage your expertise in actuarial methodologies and data analysis to lead innovative projects. This role offers the chance to work independently while collaborating with cross-functional teams to drive quality and efficiency. With a focus on casualty pricing, you will prepare and present findings to senior leadership, influencing key business decisions. Enjoy a supportive environment that values professional development and offers competitive benefits, all while making a meaningful impact in the insurance industry.

Benefits

Medical/Dental/Vision Insurance

Life Insurance

Short and Long Term Disability

Paid Time Off

401(k) with Company Match

Company-Paid Pension Plan

Business Casual Attire

Qualifications

• 5+ years of actuarial experience, especially in P&C insurance.
• Strong organizational and communication skills are essential.

Responsibilities

• Lead actuarial analyses and present findings to senior leadership.
• Coordinate forecasting and project work across the Casualty portfolio.

Skills

Actuarial Pricing

Data Mining

Project Management

Effective Communication

Problem Solving

Team Collaboration

Education

Undergraduate degree in actuarial science

ACAS certification

FCAS certification

Tools

Microsoft Office

Actuarial Software

Analytical Software

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 so much 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 who are passionate about delivering extraordinary care.

Actuarial Sr. Consultant - Casualty Programs Pricing Leader -

Key responsibilities of the role will include:

• Ownership of the Casualty cell within the Programs portfolio, which includes the production of indications, cell reviews, pricing exhibits, L&LAE discussions, etc.
• Responsible for coordinating forecasting/planning across the Casualty cell.
• Responsible for project work relevant to the Casualty portfolio, which could span across the Programs planning unit and across the P&C portfolio.
• Preparing and presenting actuarial findings and documents suitable for technical and non-technical audiences at the senior Actuarial leadership level.
• Leading cross-functional peer reviews to increase collaboration, ensure quality work, and drive innovation.
• Building business relationships and leading cross-functional communication with team members, customers, and business partners.
• Leading onboarding and training for new associates on standard work processes and assisting in creating new training materials.
• Applying data mining techniques to identify new relationships in data and making recommendations based on findings.
• Exploring the use of new software packages and making recommendations.

This role will be a Sr. Consultant for the Casualty Programs’ portfolio. Ideal candidate will have:

• Proven skills with actuarial pricing, leading projects, and working within/across organizations.
• Strong organizational skills.
• Effective communication skills with a professional presence.
• Problem-solving, innovation, working in a team environment, and speed to action.

Preferred Experience:

• Typically, 5 or more years of proven experience in P&C insurance with a focus on pricing casualty lines of business.
• ACAS highly preferred, but candidates near ACAS or with deep knowledge in casualty pricing will be considered.
• This role is open to students still taking exams and requiring exam support.

Location:

• This role will be staffed at the G5 pay band and will sit in Columbus (OH), Scottsdale (AZ), or Des Moines (IA).

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 Sr Consultant, you’ll need to have detailed familiarity with business operations, systems, and actuarial methodologies. We’ll count on you to be adept at complex actuarial techniques and work independently to combine advanced actuarial and business knowledge to provide high-level analysis. Additionally, you’ll have expertise to provide consultation and recommendations on deliverables and maintain detailed documentation of actuarial models and analyses. You’ll work independently and may lead others.

Key Responsibilities:

• Acts as a technical expert of actuarial methodologies allowing the ability to source and manipulate 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. Begins using results to influence decisions at a higher level.
• 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's position with regulators, auditors, and external vendors. May negotiate within defined parameters.
• Develops cross functional work plans and ensures accurate work product is delivered.
• Leads cross functional peer reviews to increase collaboration, ensure quality work, and drive innovation.
• Builds business relationships and leads cross functional communication with team members, customers, and business partners.
• Leads onboarding and training for new associates on standard work processes. Assists in creating new training materials.
• Applies data mining techniques used to identify new relationships in data and make recommendations based on findings. Has expert ability or knowledge of modeling, validation, and predictive modeling. Explores the use of new software packages and makes recommendations.

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 attained ACAS and is working towards FCAS or recently attained FCAS.

Experience: Generally, six 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.

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.

Benefits

We have an array of benefits to fit your needs, including: 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.

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.