Sr Consultant - Risk Analytics P&C Capital Forecasting & Performance - REMOTE

Nationwide Mutual Insurance Company; Columbus (OH); Remote; USD 140,000 - 210,000; Full time

Benefits offered by this job

Medical/dental/vision insurance

Life insurance

Disability coverage

Paid time off

Job summary

Nationwide Mutual Insurance Company is seeking an experienced P&C actuarial professional to serve as the subject-matter expert for target returns, combined ratios, and capital analytics. You will partner across business units to set granular targets and assess performance against them, lead annual target reviews, and translate model outputs into practical business recommendations for senior leadership.

The role requires robust analytics capability, strong communication skills, and the ability to

Qualifications

• Seven or more years of experience in P&C actuarial, insurance analytics, financial-risk modeling, capital management, underwriting performance, or related field.
• 1) Understands P&C financial risk and profitability and can tie targets to outcomes.
• 2) Able to translate model outputs into actionable business recommendations.
• 3) Comfortable explaining complex analytics to non-technical audiences.

Responsibilities

• Serve as subject-matter expert for P&C target returns, target combined ratios and capital analytics.
• Lead annual review of target assumptions and adapt to evolving conditions.
• Partner with business units to determine granular targets and evaluate performance.
• Present technical findings and strategic recommendations to senior Finance, Actuarial, Risk, and business leaders.
• Build alignment, socialize a new framework, and govern it from design through operation.

Skills

P&C actuarial

Insurance analytics

Financial-risk modeling

Capital management

Underwriting performance

Model governance

Storytelling & presentation

Stochastic modelling

Monte Carlo simulation

Predictive analytics

Education

Actuarial designation (ACAS/FCAS) or progress toward

Tools

Monte Carlo tools

Analytics platforms

Job description

* Serve as the subject-matter expert for P&C target returns, target combined ratios and capital analytics.* Help enhance and strengthen the P&C capital monitoring and reporting framework to better support capital deployment decisions.* Partner with business units to determine appropriate targets at a granular cell-planning unit level and evaluate performance against those targets.* Lead the annual review of target assumptions and recommend changes as business conditions and performance evolve.* Apply financial-risk and P&C analytics, including underwriting performance, loss-ratio history, pricing and reserving insights, and more.* Work with modeling partners to understand model outputs and translate them into practical business recommendations.* Present technical findings and strategic recommendations to both technical and non-technical audiences, including senior Finance, Actuarial, Risk, and business leaders.* Build alignment across stakeholders, socialize a new framework, and guide it from design through implementation and ongoing operation.* Seven or more years of experience in P&C actuarial, insurance analytics, financial-risk modeling, capital management, underwriting performance, or a related field.* Strong understanding of P&C financial risk and profitability; relevant experience may include pricing, reserving, target returns, combined ratios, capital modeling, or corporate actuarial work.* The ability to understand sophisticated quantitative analysis and communicate the \"why\" behind targets and recommendations.* Demonstrated success influencing partners across Finance, Actuarial, Risk Management, modeling, and business functions.* Strong judgment, executive communication, presentation, and storytelling skills.* Comfort creating structure and delivering results when the starting process is incomplete or needs to be rebuilt.* An ACAS, FCAS, or progress toward an actuarial or comparable quantitative designation is preferred, but not required for the right candidate.* Experience with stochastic modeling, Monte Carlo simulation, predictive analytics, machine learning, enterprise risk, M&A, or related capital and portfolio analytics is also valued.* Understands and assesses key business needs. Proactively owns the strategic development of appropriate quantitative modeling solutions.* Collaborates with organizational departments or business functions to accomplish strategic goals, objectives, and initiatives.* Builds risk analytic strategies for business problems through collaborating, consulting and driving expectations.* Leads in the understanding and analysis of models across the enterprise to ensure that model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld.* Crafts clear and concise summaries of findings and recommendations. Uses impactful storylines and data visualization geared to both technical and non-technical audiences.* Drives business value through crafting and communicating strategic business solutions to leaders.* Leads all aspects of development, testing, implementation and administration of quantitative modeling processes and tools.* Evaluates and ranks quantitative solutions to business problems.* Leads communication of the key benefits and limitations of sophisticated modeling tools for business applications.* Leads governance of modeling tools and ensures they are applied consistently.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. To learn more about the benefits we offer,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, too, and let us know -