Actuary — Life Insurance Valuation - Fully Remote

NBMBAA; Columbus (OH); Hybrid; USD 138,000 - 243,000; Full time

Benefits offered by this job

Medical/dental/vision

Life insurance

Short and long term disability

Paid time off with 18 days pro-rated

Nine paid holidays

Lifetime PTO

Unity Day PTO

401(k) with company match

Company-paid pension plan

Business casual attire

Job summary

Nationwide is hiring an NF Actuary on the Life Valuation team to deliver accurate statutory, GAAP, and tax valuations for life insurance products. You’ll own quarterly processes and help adapt to evolving standards and modernized tools.

Collaborate with Tax, Controllership, Pricing and data partners; communicate findings to senior finance leaders; respond to regulators and auditors. FSA required; typically 5–7 years of actuarial experience.

Qualifications

• FSA designation is required.
• Seven or more years of actuarial experience.
• Experience with life insurance products and Statutory/GAAP valuation preferred.
• Proficiency with Microsoft Office; Power BI or SQL.
• AXIS or ALFA modeling software experience preferred; VB.NET or Python is a plus.

Responsibilities

• Serve as a SME in 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, 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 senior finance leaders.

Skills

FSA designation

Actuarial knowledge

7+ years experience

Life insurance products

Statutory/GAAP valuation

MS Office

Power BI/SQL

AXIS/ALFA modeling

VB.NET/Python (plus)

Education

Actuarial science degree

Tools

AXIS

ALFA

VB.NET

Python

SQL

Power BI

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.

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.

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

Typically, 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.

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.

This position could be filled within any of the lower 48 U.S. states.#actuarialSmoke-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

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