Predictive Modeler – P&C Commercial Actuarial Consultant - REMOTE

Nationwide Insurance; Scottsdale (AZ); Hybrid; USD 150,000 - 215,000; Full time

Job summary

A leading company in the insurance and financial services sector seeks a Data Scientist to develop predictive models and drive risk management strategies. This role offers remote work flexibility and substantial opportunities for career advancement. Candidates should possess strong coding skills in R, Python, or SQL and a Bachelor's degree in a relevant field, along with significant experience in financial risk modeling.

Benefits

Flexible work arrangements including fully remote option

Comprehensive benefits package including medical, dental, vision

Company-paid pension plan

Minimum of 18 days paid time off per year

Qualifications

• Minimum of five years of related work experience in financial risk modeling or actuarial functions.
• Strong coding skills in R, Python, or SQL with an understanding of data science techniques.
• Progress toward actuarial certifications (e.g., ACAS, FCAS, FSA) preferred.

Responsibilities

• Develop and maintain predictive models to support commercial pricing strategies.
• Utilize coding skills in R, Python, or SQL for complex quantitative modeling.
• Conduct regular testing of risk limits and analyze model outputs.

Skills

Coding in R

Coding in Python

Coding in SQL

Analytical skills

Problem-solving skills

Communication skills

Education

Bachelor's degree in finance, accounting, economics, statistics, mathematics, or related field

Job description

Employer Industry: Insurance and Financial Services

Why consider this job opportunity:
- Salary up to $215,000.00
- Opportunity for career advancement and growth within the organization
- Flexible work arrangements including the option for fully remote work
- Comprehensive benefits package including medical, dental, vision, and a company-paid pension plan
- Minimum of 18 days paid time off per year, plus additional paid holidays and special time off
- Collaborative and inclusive work environment focused on delivering exceptional customer care

What to Expect (Job Responsibilities):
- Develop and maintain predictive models to support commercial pricing strategies
- Utilize coding skills in R, Python, or SQL for complex quantitative modeling
- Collaborate with finance team members and business partners to create solutions for business challenges
- Implement statistical techniques for risk management and business applications
- Conduct regular testing of risk limits and analyze model outputs to identify limitations and corrective methods

What is Required (Qualifications):
- Bachelor's degree in finance, accounting, economics, statistics, mathematics, or related field
- Minimum of five years of related work experience in financial risk modeling or actuarial functions
- Strong coding skills in R, Python, or SQL with an understanding of data science techniques
- Excellent analytical and problem-solving skills
- Proficient written and verbal communication skills

How to Stand Out (Preferred Qualifications):
- Progress toward actuarial certifications (e.g., ACAS, FCAS, FSA)
- Graduate-level studies in a related field
- Familiarity with machine learning, Monte Carlo simulations, and statistical techniques for risk modeling
- Experience with financial risk management operations, such as asset-liability management and portfolio risk assessment
- Knowledge of specialized risk models used in hedging and credit risk

#Insurance #DataScience #RiskManagement #CareerGrowth #RemoteWork

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