AVP, Property & Casualty Actuarial Modeling - Auto

Nationwide Mutual Insurance Company; Columbus (OH); Remote; USD 154,000 - 290,000; Full time

Benefits offered by this job

Medical/Dental/Vision

Life Insurance

Disability Insurance

Paid Time Off

401(k) match

Job summary

Nationwide Mutual Insurance Company seeks an AVP, P&C Actuarial Modeling to lead strategic pricing initiatives and advance analytic capabilities. You will mentor a team, oversee actuarial models and pricing tools, and collaborate across Strategic Pricing, Enterprise Analytics, and external partners.

You should have FCAS designation, 10+ years in pricing/actuarial with 5+ years of management, and strong communication skills to influence stakeholders. Remote work within the U.S. is supported.

Qualifications

• Undergraduate studies in actuarial science, business, finance, mathematics, economics, or related field.
• FCAS designation preferred or equivalent.
• Typically ten or more years related experience (pricing, actuarial, product) with at least five years in management.

Responsibilities

• Provide actuarial & technical leadership to drive pricing outcomes across multiple lines.
• Collaborate with Strategic Pricing, Enterprise Analytics and external partners on strategic initiatives.
• Oversee development and maintenance of actuarial models and pricing tools; ensure data-driven pricing decisions.

Skills

Strategic leadership

Team management

Stakeholder communication

Actuarial pricing

Cross-functional collaboration

Education

Actuarial science background

Finance/Mathematics background

FCAS designation

Tools

Data marts

Data architecture

Pricing engines

Analytic modeling

Job description

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 AVP, you’ll collaborate with Strategic Pricing, Enterprise Analytics, and other key partners. You’ll be responsible for both actuarial and technical thought leadership in integrating data marts, data architecture, rating engines, as well as class plan execution and monitoring. We’ll count on you to accelerate our foundational capabilities and drive strong business results.

Key Responsibilities

• Provide actuarial & technical expertise and thought leadership to drive outcomes across several of the following including integrating data marts, data architecture, rating engines, class plan execution & monitoring.
• Partner with Strategic Pricing, Enterprise Analytics, Data & Technology and outside consultants to deliver on strategic initiatives across multiple business lines.
• Oversee the development and maintenance of actuarial models and pricing tools. Ensure robust data analysis to support pricing decisions and risk assessments. Monitor and evaluate the effectiveness of pricing models and strategies.
• Develop and maintain a strategic roadmap for PL pricing, in partnership with PL Finance/Pricing, Advanced Analytics and P&C Actuarial, inclusive of initiatives to advance and automate analytic modeling and analysis.
• Create and implement strategy for accelerating solutions for critical business problems across multiple lines of business within Personal Lines.
• Lead a team focused on evolve state tuning and decisioning with Field Product Management.
• Stay informed about changes in insurance regulations and adjust pricing strategies accordingly.
• Support other special projects or ad hoc initiatives (e.g., assisting with strategic partnerships, audits, etc.).
• Lead special projects and ad hoc initiatives as needed.
• Oversee associate management including performance management, salary planning and administration, training and development, workflow and organization planning, day-to-day management, hiring and placement, and disciplinary actions for direct and possibly indirect reports.

May perform other responsibilities as assigned.

Reporting Relationships

Reports to VP; manages a team of 3 direct reports and 6 indirect reports.

Typical Skills and Experiences

Education

Undergraduate studies in actuarial science, business, finance, mathematics, economics, or related field with strong quantitative orientation.

License/Certification/Designation

Fellow of the Casualty Actuarial Society(FCAS) designation preferred.

Experience

Typically, ten or more years related experience (pricing, actuarial, product). Five years prior management experience preferred.

Knowledge, Abilities and Skills

Proven ability to identify needs of the organization and develop a multi-year strategic plan. Demonstrated ability to collaborate across teams and influence to achieve goals. Ability to attract, hire and develop strong talent. Possess strong verbal and written communication skills, including the ability to build and defend a business case, provide executive level recommendations and reporting. Demonstrated ability to comprehend/explain actuarial concepts and other advanced technical concepts. Ability to assimilate information and make recommendations based on a combination of factors. Foundational knowledge of technology and actuarial data and tools; advanced modeling experience preferred.

Other criteria

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

Staffing exceptions

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

Values

Regularly and consistently demonstrates Nationwide Values.

Job Conditions

Overtime Eligibility

Not Eligible (Exempt)

Working Conditions

Remote within the U.S.; travel to headquarters required on an as-needed basis

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 10/27/2026. 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.

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.

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 AVP, P&C Actuarial Modeling - 112777 : $154,000.00-$290,000.00The expected starting salary range for AVP, P&C Actuarial Modeling - 112777 : $154,000.00 - $258,000.00