Nationwide Job Openings – P&C Reserving Actuary

Website Nationwide Mutual Insurance Company

Job Description:

As an Actuary, you’ll show a mastery of business operations, systems, and actuarial methodologies. You will provide leadership, direction and oversight for the performance of complex actuarial techniques and procedures and risk analysis. In addition, you’ll develop a strategic vision for the team to ensure efficient, consistent and integrated data and analysis. We’ll count on you to provide business recommendations that are crucial to the success of Nationwide and the protection we provide our customers. You’ll need to work independently and may lead others (directly and/or indirectly).

Job Responsibilities:

  • Prepares and presents actuarial findings and documents suitable for technical and non-technical audiences at the OCFO leadership level. May professionally represent company’s position with regulators, auditors and external vendors. May negotiate within defined parameters.
  • Conducts complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing consideration, and developing recommendations. Accountable for resolving unreasonable results/non-optimal solutions using experience and professional judgment. Analysis conducted will be used to influence broad strategic vison.
  • Identifies gaps in training for new associates and develops solutions.
  • Develops cross functional work plans and ensures accurate work product is delivered. Identifies any additional business partners needed for work plan success.
  • Operates as corporate leader to advance and influence the strategic direction within Nationwide.
  • Accurately documents assumptions, methods, sources and considerations in an organized fashion.
  • Uses data mining techniques to identify new relationships in data and make recommendations based on findings. Has foundational knowledge of modeling software and the ability to use/teach others. Expert use of predictive modeling. Serves as lead on recommending new software packages that impact long term success of PC actuarial.
  • Acts as strategic technical expert of actuarial methodologies allowing the ability to source and manipulate data within standard requirements.
  • Builds strategic business relationships at all levels of the organization to drive solution delivery.
  • Develops and implements new techniques used in peer reviews. Participates in peer reviews to provide expert guidance, collaboration, ensure quality work and drive innovation.

Job Requirements:

  • Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming or quantitative analysis preferred.
  • Other criteria, including leadership skills, competencies and experiences may take precedence.
  • Expert knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Mastery of Microsoft Office products, analytical software and programming languages. Basic level of organizational agility and conflict management.
  • Proficient level of command skills, strategic agility, delegation, motivating others, business perspective and accounting. Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.

Job Details:

Company:  Nationwide Mutual Insurance Company

Vacancy Type:  Full Time

Job Location: Des Moines, IA, US

Application Deadline: N/A

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