Actuarial Consultant – General Liability Pricing

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.

Senior Actuarial Consultant – General Liability Pricing 

Position Overview: We are seeking a highly skilled Senior Actuarial Consultant to join our General Liability/Umbrella/Inland Marine commercial pricing team. This role is crucial in supporting the pricing function by conducting state product reviews, providing risk segmentation and pricing recommendations, and assessing rate adequacy to promote financial success. The ideal candidate will bring new perspectives and innovative ideas to continue delivering high-level actuarial services to our business customers. 

Key Responsibilities: 

• Conduct state product reviews  

• Enhance manual rating plans, establish risk segmentation and provide pricing recommendations. 

• Assess rate adequacy to ensure financial success. 

• Introduce new perspectives and innovative ideas to enhance actuarial services. 

• Analyze results and present findings to internal product, actuarial, and underwriting teams. 

Preferred Experience and Skills: 

• General Liability experience is highly preferred. 

• Proficiency in SQL, DataBricks, and R. 

• Exposure to predictive modeling is a plus. 

Work Arrangements: Then preferred to work location, will be hybrid with 2 days per week at one of our office locations in Columbus, OH, or Des Moines, IA. Relocation assistance may be provided.

 

Compensation: This position will be staffed at the G4 internal pay band. 

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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 Actuarial Consultant, you’ll need to be adept at actuarial functions and know P&C products to perform complex, quantitative actuarial analyses. In addition, we’ll count on you to provide expertise, including consultation and recommendations, on actuarial models and issues.

This position may have the opportunity to be a part of the P&C Actuarial Rotation Program, which will give you the potential opportunity to work on various actuarial, analytics, and risk management teams to learn and develop across different actuarial functions. Should you choose to participate in the program, you will participate in two to three rotations of two years each. Full program details will be provided to you upon