Actuary - Life Insurance Valuation - Fully Remote

Nationwide; United States; Remote; USD 120,000 - 190,000; Full time

Job summary

Nationwide Financial is seeking an NF Actuary to deliver accurate, compliant valuation for life insurance products including Statutory, GAAP and tax valuation. You will own quarterly processes and collaborate across Finance and the business to translate complex analyses into clear insights.

You will work with Tax, Controllership, Pricing and data teams, communicating with auditors and regulators while modeling and governance are strengthened. Remote options are available.

Qualifications

• 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.

Responsibilities

• Act 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.

Skills

FSA designation

Actuarial knowledge

Years of experience

Life insurance valuation

MS Office / Power BI / SQL

AXIS / ALFA modeling

VB.NET / Python

Education

Undergraduate degree in actuarial science / math / stats

Tools

AXIS

ALFA

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

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, motiva