Actuary — Life Insurance Valuation - Fully Remote

OhioX; Columbus (OH); Remote; USD 138,000 - 243,000; Full time

Benefits offered by this job

Medical/dental/vision insurance

Life insurance

Pension plan

401(k) with company match

Paid time off and holidays

Casual attire

Job summary

Nationwide, a Fortune 100 company, seeks an NF Actuary to deliver accurate, compliant actuarial valuation for life insurance products across Statutory, GAAP, and Tax. The role includes leading quarterly processes, building models, and partnering with Tax, Controllership, Pricing, and cross-functional teams.

Remote-friendly with Columbus, OH as a possible location. The ideal candidate holds an FSA designation, 7+ years of actuarial experience, and strong analytical skills using Power BI, SQL, and

Qualifications

• Undergraduate degree in actuarial science, mathematics, statistics, or similar with modeling/programming.
• FSA designation (required).
• Typically seven or more years of actuarial experience.
• Experience with life insurance products and Statutory/GAAP valuation preferred.
• Proficiency with Microsoft Office and analytical tools such as Power BI or SQL.
• Experience with AXIS or ALFA modeling software preferred; VB.NET or Python a plus.

Responsibilities

• Serve as a specialist for Statutory, GAAP, and Tax valuation for life insurance products.
• Lead analysis and implementation of evolving valuation standards, including LDTI and PBR.
• Own and improve quarterly valuation processes, validation tools, controls, documentation and governance.
• Build and analyze Actuarial, Projection, and Valuation Models; support financial reporting, risk analysis, product calculations and reserves.
• Collaborate with Tax, Controllership, Pricing and data, modeling, assumptions, and reporting teams.
• Respond to auditor and regulator inquiries and communicate findings to technical and nontechnical audiences, including senior finance leaders.

Skills

Actuarial analysis

Communication to leadership

Advanced Excel VBA

Education

Undergraduate degree in actuarial science or math

Tools

Power BI

SQL

AXIS

ALFA

VB.NET or Python

Job description

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! 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.

Join Nationwide Financial’s Life Valuation team as an NF Actuary and help deliver accurate, compliant actuarial valuation for life insurance products. In this role, you’ll bring expertise in Statutory, GAAP, and Tax valuation, take ownership of quarterly processes, and help the team adapt to evolving standards and modernized tools. You’ll partner across Finance and the business to turn complex actuarial analysis into clear insights and recommendations.

What you’ll do

• Serve as a subject-matter expert in Statutory, GAAP, and Tax valuation for life insurance products.
• Lead analysis and implementation of evolving valuation standards, including LDTI and PBR.
• Own and continuously improve quarterly valuation processes, validation tools, controls, documentation, and governance.
• Build, maintain, and analyze actuarial, projection, and valuation models; support financial reporting, risk analysis, product calculations, and reserve setting.
• Collaborate with Tax, Controllership, Pricing, and partners across data, modeling, assumptions, product development, analytics, and reporting.
• Respond to auditor and regulator inquiries and communicate findings to technical and nontechnical audiences, including senior finance leaders.

What you’ll bring

• FSA designation (required).
• Strong actuarial business-function knowledge and valuation principles.
• Typically seven or more years of actuarial experience.
• Experience with life insurance products and Statutory/GAAP valuation is preferred.
• Proficiency with Microsoft Office and analytical tools such as Power BI or SQL.
• Experience with AXIS or ALFA modeling software is preferred; VB.NET or Python programming experience is a plus.

You’ll thrive in this role if you enjoy solving complex valuation problems, improving processes, working across teams, and explaining technical analysis in a clear, practical way. The position offers the opportunity to work from Columbus, Ohio, or fully remote.

#LI-remote

#LI-SM1

Job Description Summary

Our Nationwide Financial 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 Actuary, you’ll show a mastery of business operations, systems and actuarial methodologies. You will provide leadership, direction and oversight for the performance of sophisticated actuarial techniques and procedures and risk analysis. In addition, you’ll develop a strategic vision for the team to ensure efficient, consistent and integrated data and analysis. We’ll count on you to provide business recommendations that are crucial to the success of Nationwide and the protection we provide our customers. You’ll need to work independently and may directly or indirectly lead others.

Job Description

Key Responsibilities:

• Acts as a specialist for compilation, categorization and analysis of data.
• Constructs sophisticated testing tools and product calculations.
• Builds, maintains and computes Actuarial, Projection & Valuation Models.
• Conducts financial reporting and analysis.
• Prices and supports implementation of products.
• Conducts risk analysis for lines of business/products.
• Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.
• Leads and provides experienced knowledge for the analysis of reinsurance opportunities.
• Builds cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Actuarial leader.

Typical Skills and Experiences:

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

License/Certification/Designation: FSA required. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.

Experience: Typical, five to seven years of actuarial experience.

Knowledge, Abilities and Skills: Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Mastery of Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages. Basic level of organizational agility and conflict management. Proficient level of command skills, strategic agility, delegation, motivating others, business perspective, and accounting. Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.

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

Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.

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 12/04/2026. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.

Benefits

• 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.

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. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.The national salary range for Actuary, NF : $138,000.00-$243,000.00The expected starting salary range for Actuary, NF : $138,000.00 - $206,000.00