Actuary, Personal Lines Property Pricing - REMOTE

AB3 Nationwide Life and Annuity Insurance Co; Des Moines (IA); A distancia; USD 138.000 - 206.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Medical/dental/vision

401(k) with company match

Paid time off

Life insurance

Short/Long-term disability

Descripción de la vacante

Nationwide Mutual Insurance Company is seeking an experienced Actuary, Personal Lines Property Pricing, to lead pricing strategy for a major state. The role partners with pricing, analytics, product and business teams to translate actuarial insights into actionable pricing decisions.

With seven+ years of actuarial experience and FCAS designation, you will influence product strategy, coverage decisions and profitability, while leveraging modern actuarial tools in a remote-friendly setting.

Formación

• Seven or more years of actuarial experience.
• Strong knowledge of actuarial methods, statistical analysis, pricing and models.
• Excellent communication and collaboration skills.

Responsabilidades

• Own pricing strategy for a large state using actuarial analysis and market information.
• Collaborate with stakeholders to interpret results and recommend pricing changes.
• Translate complex actuarial findings for technical and non-technical audiences.
• Lead cross-functional delivery and drive innovative pricing solutions.

Educación

FCAS designation

Descripción del empleo

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’s Property & Casualty Actuarial team as an Actuary, Personal Lines Property Pricing, where you will help shape pricing strategy, product innovation, and market performance for personal lines insurance. This is an opportunity to make a visible business impact as a trusted actuarial partner to pricing, analytics, product, and business teams.

What you’ll do

Own pricing strategy for a large, complex state, using actuarial analysis, market intelligence, competitor filings, and sound professional judgment. Serve as a pricing subject-matter expert for class-plan enhancements, new endorsements, new coverages, and broader personal lines product initiatives. Partner with business stakeholders and analytics/modeling teams to interpret results, evaluate coverage and pricing alternatives, and recommend practical, profitable solutions. Analyze internal loss experience and external market information to support price selection and identify opportunities to improve Nationwide’s offerings. Translate complex actuarial findings into clear recommendations for technical and non-technical audiences, including senior leadership. Build strong cross-functional relationships and lead delivery through influence, collaboration, and expertise.

What we’re looking for

Seven or more years of actuarial experience, preferably in Property & Casualty insurance, personal lines, pricing, or a related discipline. Strong knowledge of actuarial methods, statistical analysis, pricing, actuarial models, databases, and analytical tools. An actuarial designation, generally FCAS. Demonstrated ability to exercise actuarial judgment, assess data and assumptions, resolve non-optimal results, and turn analysis into business recommendations. Strong communication, collaboration, strategic-thinking, and problem-solving skills, with the ability to work effectively across technical and business teams. Advanced analytics, predictive modeling, programming, and modeling-software experience are valued, but not required. We are especially interested in actuaries who can connect analysis to pricing decisions, product strategy, customer needs, and profitable growth.

Why this opportunity

You’ll join a team that encourages innovation, continuous learning, peer collaboration, and the use of modern actuarial tools and methodologies. Your recommendations will help influence personal lines pricing, product development, coverage strategy, and the way Nationwide serves customers in a changing insurance market. This is a full-time individual-contributor opportunity. This role can be staffed fully remote. If you are an experienced P&C actuary who wants to influence pricing strategy and help shape the future of personal-lines insurance, we invite you to apply.

Job Description Summary

Our Property and Casualty (P&C) 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 complex 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 lead others (directly and/or indirectly).

Job Description Key Responsibilities

Acts as strategic 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 consideration, and developing recommendations. Accountable for resolving unreasonable results/non-optimal solutions using experience and professional judgment. Analysis conducted will be used to influence broad strategic vison. Accurately documents assumptions, methods, sources and considerations in an organized fashion. Prepares and presents actuarial findings and documents suitable for technical and non-technical audiences at the OCFO 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. Identifies any additional business partners needed for work plan success. Develops and implements new techniques used in peer reviews. Participates in peer reviews to provide expert guidance, collaboration, ensure quality work and drive innovation. Builds strategic business relationships at all levels of the organization to drive solution delivery. Identifies gaps in training for new associates and develops solutions. Uses data mining techniques to identify new relationships in data and make recommendations based on findings. Has foundational knowledge of modeling software and the ability to use/teach others. Expert use of predictive modeling. Serves as lead on recommending new software packages that impact long term success of PC actuarial. Operates as corporate leader to advance and influence the strategic direction within Nationwide. Consults and provides expert advice on new or enhanced product development opportunities, including discussions on data needed for analysis, coding implication, and opinions on the viability and profitability of the proposals. May perform other responsibilities 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: Actuarial designation required, generally as an FCAS.

PLEASE REFER TO THE NATIONWIDE PC INSURANCE COMPANY ACTUARIAL STUDENT PROGRAM FOR ADDITIONAL INFORMATION

Experience: Generally, seven or more years of actuarial experience.

Knowledge, Abilities and Skills: Expert knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Mastery of Microsoft Office products, analytical software 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 HR 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.

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.

Nationwide is an equal opportunity employer

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.

Salary

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 PC : $138,000.00-$243,000.00 The expected starting salary range for Actuary PC : $138,000.00 - $206,000.00

At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can feel the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we’re a great place to work, too, and let us know – can you see yourself at Nationwide?

Nationwide is an equal opportunity employer (repeated)

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.