Actuary - P&C Finance Planning & Forecasting

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. 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.

We are seeking a visionary leader to spearhead the transformation of P&C Finance Planning & Forecasting and drive actuarial consolidations.

Key Responsibilities:

• Lead and drive financial planning and forecasting initiatives across the entire P&C finance operation, with a focus on loss ratio forecasting.

• Provide second-line review of actuarial forecast assumptions and summarize outcomes for senior leaders.

• Enhance planning and forecasting tools for best practices and greater efficiency.

• Collaborate with multiple stakeholders to deliver impactful projects. 

Preferred Skills and Qualifications:

• Proficiency in modern coding languages such as R, Python, SQL, or similar.

• Experience with Databricks, Git, Snowflake, or other relevant cloud-computing software.

• Proven track record of leading and delivering projects in a collaborative environment.

• Fellowship of the Casualty Actuarial Society (FCAS) preferred; Associate of the Casualty Actuarial Society (ACAS) required.

This role will be staffed at the H4 pay band. Preferred locations are Columbus, OH; Des Moines, IA; and Scottsdale, AZ and will work a hybrid schedule of 2 days per week in one of the hub locations.

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 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 Description

Key Responsibilities:

• Acts as strategic technical expert of actuarial methodologies allowing the ability to source and manipulate data within standard requirements.

• 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.

• Accurately documents assumptions, methods, sources and considerations in an organized fashion.

• 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.

• Develops cross functional work plans and ensures accurate work product is delivered. Identifies any additional business partners needed for work plan success.

• Develops and implements new techniques used in peer reviews. Participates in peer reviews to provide expert guidance, collaboration, ensure quality work and drive innovation.

• Builds strategic business relationships at all levels of the organization to drive solution delivery.

• Identifies gaps in training for new associates and develops solutions.

• Uses data mining techniques to identify