Actuarial Sr. Consultant – Professional Lines Pricing - REMOTE

Nationwide Insurance; United States; Remote; USD 115,000 - 173,000; Full time

Job summary

A leading insurance company is seeking an Actuarial Sr. Consultant for their Professional Lines Pricing team. This remote role involves pricing strategy and model enhancement for the D&O insurance portfolio, requiring strong actuarial skills and collaboration with business partners. Ideal candidates will have extensive experience in actuarial methodologies and programming proficiency.

Benefits

medical/dental/vision

life insurance

short and long term disability coverage

paid time off

401(k) with company match

company-paid pension plan

Qualifications

• Six or more years of actuarial experience required.
• ACAS designation and working towards FCAS preferred.

Responsibilities

• Lead pricing and strategic support for the D&O book of business.
• Conduct complex analyses adhering to actuarial standards.
• Prepare and present actuarial findings to senior leadership.

Skills

Python

R

SQL

GitHub

Databricks

PowerBI

Education

Undergraduate degree in actuarial science

mathematics

statistics

data science

Tools

Microsoft Office

actuarial 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 – Professional Lines Pricing - REMOTE

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 that emphasizes innovation, data integration, and close 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

• Lead pricing and strategic support for the D&O book of business.
• Maintain and enhance the Pricing predictive model, which integrates public financial data to generate predictive insights.
• Collaborate with underwriting and business partners to address performance challenges in the D&O market.
• Contribute to broader actuarial innovation efforts, including the integration of external data sources and advanced analytics.

Preferred Qualifications:

• Actuarial experience in professional lines, with a strong preference for D&O exposure.
• Proficiency in programming languages such as Python/R and SQL.
• Familiarity with modern data tools and platforms, including GitHub, Databricks, and PowerBI.
• Demonstrated ability to work independently and contribute effectively within a collaborative, high-performing team.

Work Environment and Flexibility

• This role can be staffed fully remote.

#LI-remote

#LI-SM1

Job Description Summary

Our Property and Casualty 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.

Job Description

Key Responsibilities:

• Acts 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. Accountable for resolving 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.

Performs other duties as assigned.

Reporting Relationships: Reports to Actuarial Leader

Typical Skills and Experiences:

Education: Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming or quantitative analysis preferred

License/Certification/Designation: Generally attained ACAS and is working towards FCAS or recently attained FCAS. PLEASE REFER TO THE NATIONWIDE PC INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.

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 proficient of competencies for including business understanding, problem solving, customer focus, dealing with ambiguity, drive for results and learning ability.

Values: Regularly and consistently demonstrates the Nationwide Values and Guiding Behaviors.

Job Conditions:

Overtime Eligibility: Exempt (Not Eligible)

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.

Evaluation Activity: KB 6/2020

We currently anticipate accepting applications until 06/16/2025. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.

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. To learn more about the benefits we offer, click here.

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.

This position could be filled within any of the lower 48 U.S. states. Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.
For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. The national salary range for Sr Consultant, Actuarial - P&C : $104,000.00-$215,000.00 The expected starting salary range for Sr Consultant, Actuarial - P&C : $115,000.00 - $173,000.00