Actuarial Technology And Optimization Management (ATOM) - Financial Consultant - REMOTE

Nationwide Insurance; United States; Remote; USD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Financial Consultant in Actuarial to join a dynamic team focused on innovation and efficiency. This role offers the chance to collaborate with both Actuarial and Technology partners, driving process automation and optimization. Ideal candidates will possess a blend of actuarial and technical skills, with a strong focus on continuous improvement. Join a forward-thinking organization that values your contributions and supports your career growth in a hybrid work environment. If you’re passionate about making a difference and eager to tackle new challenges, this opportunity is perfect for you.

Benefits

Medical/Dental/Vision Insurance

401(k) with company match

Paid time off

Company-paid pension plan

Business casual attire

Short and long term disability coverage

Qualifications

• 4+ years of actuarial or relevant experience required.
• Proficiency in MS SQL and C# essential for role.

Responsibilities

• Analyze data and perform financial reporting and analysis.
• Drive process automation and optimization for modeling platforms.

Skills

MS SQL

C#

Moody’s GGY AXIS

Milliman Integrate

Git

Data Visualization Tools

Education

Undergraduate degree in actuarial science

Mathematics

Statistics

Computer science

Tools

Power BI

Tableau

Databricks

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.

The Actuarial Technology And Optimization Management (ATOM) Team within Nationwide Financial Corporate Actuarial is looking for an Individual Contributor interested in the position of Financial Consultant - Actuarial. Members of the ATOM team are poly-skilled individuals tasked to create custom technical solutions for our actuarial partners to increase ease and efficiency in their processes.

This role will primarily work with the Corporate Life and Annuity Modeling Teams to drive process automation and optimization around two modeling platforms, Moody’s GGY AXIS and Milliman Integrate. It requires working with both Actuarial and Technology partners to create innovative solutions that meet current and future needs, while also encouraging consistency of processes across teams and risk mitigation. In addition to these responsibilities, the role will also support the larger development efforts within the ATOM team, including automation of model input (economic scenarios, assets) and output (post-calcs), and visualization tools. The ATOM team supports nearly all areas of Actuarial, which among others, includes Hedging, Modeling, Valuation and Financial Reporting.

This is a fantastic opportunity for individuals who are curious and self-motivated, have an innovative mindset, and who are passionate about continuous improvement. The role provides an opportunity to build a hybrid skill set, combining strong technical and actuarial expertise. Individuals with experience in Finance and Technology are encouraged to apply.

Technical Requirements

• Proficiency with MS SQL and C# or similar language (3-5 years preferred)
• Experience with Moody’s GGY Axis and Milliman Integrate platforms as it relates to automation of model inputs, output and runs, as well as Cloud setup and reporting, and run optimization. (3-5 years preferred)
• Experience troubleshooting technical issues
• Experience interacting with both Actuarial and Technology partners
• Experience implementing standard technical practices and promoting best practice
• Experience with source control repositories (Git preferred)

Preferred Experience

• Familiarity with life or annuity products through experience or Actuarial Exams
• Familiarity with data visualization tools (Power BI or Tableau preferred)
• Familiarity with Databricks, including general database and data modeling concepts

This role will be staffed at the internal G3 pay band. This role can be fully remote.

Job Description Summary

Our Nationwide Financial (NF) 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 a Technical Consultant, you’ll be an actuarial technical specialist for planning, driving, communicating and executing projects that may impact multiple lines of business and/or administrative areas. Additionally, you will provide expertise, including consultation and recommendations, for ratemaking or valuation purposes.

Key Responsibilities:

• Compiles, categorizes and analyzes data.
• Performs construction of sophisticated testing tools and analysis of product calculations.
• Performs construction, maintenance and execution of actuarial, projection and valuation models.
• Performs financial reporting and analysis.
• Performs pricing and implementation of products.
• Analyzes risks for lines of business.
• Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP and tax) for products.
• Performs reinsurance analysis and pricing.
• Develops effective communication strategies and recommendations to leadership and creates supporting documentation when requested.
• Performs activities related to a specialized phase of data and analytics which may include data governance, data strategy development, data modeling, data requirements, data manipulation, and /or requirement elicitation.
• Performs moderately sophisticated business processes; implements new programs and/or modifications of existing applications. Consults on cross-functional project teams.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Financial Director, Actuarial, or other financial/actuarial manager.

Typical Skills and Experiences:

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

Experience: Typically, four or more years of actuarial or relevant experience.

Knowledge, Abilities and Skills: Knowledge of actuarial business functions, statistical methods of analysis, company actuarial systems and databases and their integration, technical facility with leading computer tools and technology. Proficient in Microsoft Office products (including VBA within Access and Excel), programming languages and likely actuarial models. Basic level of command skills, strategic agility, delegation, motivating others, business perspective, and accounting. Proficient level of perspective, dealing with ambiguity, customer focus, drive for results, learning on the fly and analysis. Mastery level of problem solving and making the best use of system capabilities.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Values:Regularly and consistently demonstrates the Nationwide Values.

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.

We currently anticipate accepting applications until 04/10/2025. 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.