Actuary Specialist, Asset Modeling

Nationwide; Oregon; Hybrid; USD 88,000 - 164,000; Full time

Benefits offered by this job

Medical/dental/vision

401(k) with company match

Pension plan

Paid time off

Job summary

Nationwide in the United States is seeking a Specialist in Risk Analytics to support asset modeling development and execution using Moody's AXIS or MG-ALFA. The role involves valuation, forecasting, pricing, and risk management with opportunities for career growth and flexible work arrangements.

You will mentor team members, support asset adequacy testing, and collaborate with senior leaders to translate strategic priorities into actionable modeling solutions.

Qualifications

• Adequate Moody's AXIS and/or MG-ALFA modeling skills with good understanding of asset modules, fund level assumptions, and reinvestment switches/options.
• Basic understanding of all investment asset types.
• Proficiency in at least one programming language for quantitative analysis (Python, R, MATLAB, SQL, etc.).
• Proficient in Microsoft Excel.
• Strong communication skills; able to articulate complex modeling concepts to senior leaders.

Responsibilities

• Support developing and enhancing asset data processes, enabling efficient modeling of those assets for production and ad-hoc analysis purposes.
• Support the asset modeling function, translating strategic priorities into operational reality; align communication, accountabilities, resource capabilities, and internal processes to ensure measurable and sustainable results.
• Support implementation of complex asset types (structured securities, hybrid securities), investment/reinvestment strategies, cash flow behaviors, and regulations in Moody's AXIS and MG-ALFA.
• Execute QE asset model staging for production, for multiple lines of business.
• Drive asset modeling for annual asset adequacy tests (AAT).

Skills

Programming for quantitative analysis

Microsoft Excel

Strong communication

Asset modeling basics

Moody's AXIS/MG-ALFA knowledge

Education

Undergraduate studies in finance/economics/math

Graduate-level studies desirable

Progress toward FCAS/FSA/CQF/CFA or similar

Tools

Moody's AXIS

MG-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.

Job Profile Summary

Critical actuarial asset modeling role to support asset modeling development, and execution in Moody's AXIS or MG-ALFA. Support valuation, forecasting, pricing, and risk management. Provide technical expertise to modeling methodologies. Assist implementation of complex asset types and investment strategies, oversee annual asset adequacy testing, and mentor team members. This role offers great visibility to senior leadership, opportunities for career growth, and flexible work arrangements. Supportive, respectful work environment with strong commitment to professional development.

Job Description

Reports To: AVP, Risk Modeling and Capital Management Leader

Key Responsibilities

• Support developing and enhancing asset data processes, enabling efficient modeling of those assets for production and ad-hoc analysis purposes.
• Support the asset modeling function, translating strategic priorities into operational reality; align communication, accountabilities, resource capabilities, and internal processes to ensure measurable and sustainable results.
• Support implementation of complex asset types (structured securities, hybrid securities), investment/reinvestment strategies, cash flow behaviors, and regulations in Moody's AXIS and MG-ALFA.
• Execute QE asset model staging for production, for multiple lines of business.
• Drive asset modeling for annual asset adequacy tests (AAT).

Required Education/Experience/Skills

• Adequate Moody's AXIS and/or MG-ALFA modeling skills with good understanding of asset modules, fund level assumptions, and reinvestment switches/options.
• Basic understanding of all investment asset types.
• Proficiency in at least one programming language for quantitative analysis (Python, R, MATLAB, SQL, etc.).
• Proficient in Microsoft Excel.
• Strong communication skills; able to articulate complex modeling concepts to senior leaders.

Preferred Criteria

• 3 years of relevant asset modeling experience
• Working towards FSA Designation

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. It is our intention to fill this role in Columbus, Ohio. However, on occasion, applications from internal candidates working remotely or external candidates who bring critical industry skills and relevant experience may be considered.

Internal Compensation Grade: F4#LI-KD1

Job Description Summary

Do you have the desire to play a critical role in driving data-based business outcomes? Nationwide has been using data to serve our members and drive business outcomes for almost 100 years. Our industry-leading workforce accepts an agile work environment and a collaborative culture to deliver outstanding solutions and results. Our Risk Analytics professionals play a key role in redefining quantitative data analysis into meaningful insights that drive business results. Specifically, they serve as the conduit joining quantitative risk analysts to business partners. As a Specialist, you'll work on various risk analytics projects to help solve diverse business problems. You'll continue building a foundation of business understanding and relationships. It's imperative that you have experience with quantitative analytics and that you are able to clearly articulate solutions.

Key Responsibilities

• Understands and assesses key needs and is responsible for developing the appropriate quantitative modeling solutions.
• Collaborates with departments across the organization or business functions to support strategic goals, objectives, and initiatives.
• Builds risk analytic solutions for business problems through collaborating, consulting and driving expectations.
• Collaborates with partners and teammates to ensure that consistent model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld.
• Crafts clear and concise summaries of findings and recommendations with support. Uses impactful storylines and data visualization geared to both technical and non-technical audiences.
• Develops, tests, implements and administers sophisticated quantitative modeling processes and tools.
• Evaluates and ranks quantitative solutions to business problems.
• Communicates the key benefits and limitations of sophisticated modeling tools for business applications.
• Works across teams to ensure governance of modeling tools are applied consistently.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Risk/Actuarial leader.

Typical Skills and Experiences

• Education: Undergraduate studies in finance, accounting, economics, statistics, mathematics or related subject area required. Graduate-level studies in a related field with advanced degree highly desirable.
• License/Certification/Designation: Progress toward FCAS, FSA, CQF, CFA or similar preferred.
• Experience: Typically, three or more years of related work experience in financial risk modeling or actuarial functions.
• Knowledge, Abilities and Skills: Basic knowledge of machine learning, stochastic processes, Monte Carlo simulations, sampling methods and other statistical techniques applicable to specialized risk modeling. Basic mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc. Basic knowledge of risk management operations such as asset-liability management, portfolio risk assessment, hedging, etc. Ability to communicate technical concepts to peers and direct supervisor. Proficient written and verbal communications skills. Proficiency with Excel and Powerpoint.
• Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the CFO, or the HR leader.

Values

Regularly and consistently demonstrates Nationwide Values.

Job Conditions

Overtime Eligibility: Not Eligible (Exempt) 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 11/05/2026. 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

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 .

For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov)

Salary Information

The national salary range for Specialist, Risk Analytics : $88,000.00-$164,000.00

The expected starting salary range for Specialist, Risk Analytics : $88,000.00 - $132,000.00