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

Nationwide; Columbus (OH); Remote; USD 149,000 - 262,000; Full time

Benefits offered by this job

Medical/dental/vision

401(k) with company match

Paid time off

Job summary

Nationwide is seeking a Senior Consultant, Risk Analytics to join the Capital Forecasting team within Enterprise Risk Management. This role focuses on updating the framework guiding target returns, combined ratios, and capital analytics for P&C businesses.

You will partner with Finance, Actuarial and Risk leaders, translate complex quantitative outputs into actionable recommendations, and present findings to senior leadership. This role can be staffed fully remote.

Qualifications

• 7+ years in financial risk modeling, actuarial, or related fields.
• Strong knowledge of P&C financial risk and profitability.
• Experience with stochastic modeling and Monte Carlo simulations.
• Ability to communicate complex analytics to leadership.
• Progress toward FCAS, FSA, CQF, CFA preferred.

Responsibilities

• Own strategic development of quantitative modeling solutions.
• Collaborate with departments to achieve goals.
• Develop risk analytic strategies.
• Review models across enterprise and ensure methodologies are upheld.
• Summarize findings with clear storytelling for technical and non-technical audiences.
• Drive value with strategic solutions for leaders.
• Lead modeling processes from development to deployment.
• Evaluate and rank modeling approaches.
• Explain benefits and limitations of modeling tools.
• Govern usage of modeling tools across the organization.

Skills

P&C actuarial

Financial risk modeling

Capital management

Quantitative analytics

Stakeholder communication

Executive presentation

Education

Undergraduate studies in finance/ accounting/ economics/ statistics/ mathematics

Graduate studies in related field desirable

Tools

Excel

PowerPoint

Machine learning

Monte Carlo simulations

Job description

Job Conditions

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.

Build the future of P&C capital performance at Nationwide

Nationwide is seeking a Senior Consultant, Risk Analytics to join the Capital Forecasting team within Enterprise Risk Management. This is a new opportunity to help update the framework that will guide how our Property & Casualty businesses set, monitor, and improve target returns and target combined ratios.

What You’ll Do

• 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.

What We’re Looking For

• 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.

Why this opportunity

This role offers the chance to build something new and highly visible: an updated P&C capital performance framework that will help Nationwide better understand its business, align target returns with risk, and make stronger capital deployment decisions. You will have broad exposure across Finance, Actuarial, Risk Management, and business leadership, with the opportunity to see your framework move from strategy to execution.

If you are a P&C actuary, financial-risk modeler, insurance analytics leader, or capital forecasting professional who enjoys solving complex problems and building trusted partnerships, we invite you to learn more.

This role can be staffed fully remote.

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 transforming 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 Senior Consultant, you’ll be responsible for the creation and management of risk analytics projects to solve business problems and objectives. You’ll work strategically and consultatively with business partners across the organization to match quantitative analysis with business needs. We’ll count on you to be the key point of contact, linking business to technical research. It’s imperative that you have both a confirmed understanding of quantitative analytics and that you are able to expertly articulate solutions to many levels of leadership.

Job Description

Key Responsibilities:

• 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.

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, seven or more years of related work experience in financial risk modeling or actuarial functions.

Knowledge, Abilities and Skills:

Proven knowledge of processes and functions spanning the insurance and risk management cycle. Understands machine learning, stochastic processes, Monte Carlo simulations, sampling methods and other statistical techniques applicable to specialized risk modeling. Confirmed mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc. Advanced understanding of risk management operations such as asset-liability management, portfolio risk assessment, hedging, etc. Sophisticated communication and presentation skills. Advanced proficiency with Excel and Powerpoint.

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 11/26/2026. 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 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

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 Sr Consultant, Risk Analytics : $149,000.00-$262,000.00

The expected starting salary range for Sr Consultant, Risk Analytics : $149,000.00 - $223,000.00