Executive Leader – Corporate Development Actuary

As a team member in the Finance and Internal Audit 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 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.

Please Note: This position open to work in the United States for suitable applicants.

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Job Description Summary

At Nationwide, our Actuarial team members have opportunities to use state-of-the-art tools, are encouraged to innovate, and strategic growth is key to our success. If this sounds like a place you could thrive, then we want to know more about you!

As an Executive Leader, you’ll be responsible for achieving growth and earnings outcomes associated with the inorganic growth strategy of Nationwide Financial. You’ll lead a team and drive activities that include but aren’t limited to mergers and acquisitions, reinsurance opportunities, and reserve & capital optimization efforts. Additionally, you will collaborate closely with Nationwide’s executive leadership team, finance, business leaders, and external partners to enhance corporate value. Your leadership will be crucial in making informed decisions, navigating ambiguity, creatively problem solving, and aligning strategic goals across multiple stakeholder groups.

Job Description

Key Responsibilities:   

• Own actuarial efforts around mergers & acquisitions, reinsurance strategies, risk management efforts, and generally manage reserve and capital optimization. 

• Lead the actuarial function for corporate development projects, including due diligence, valuation, and post-merger integration. Direct transactions in the areas of pricing, deal structuring, reserve calculations and adequacy, determination of appropriate assumptions, appropriateness of existing models, and actuarial appraisals.  

• Conduct thorough risk assessments and provide expert actuarial input to guide decisions. 

• Lead the development of financial models and forecasts to evaluate corporate development projects, ensuring alignment with the company’s strategic goals. 

• Partner with finance, legal, and corporate development teams to determine capital requirements, profitability, and overall business risk implications of initiatives. 

• Present actuarial findings and recommendations to the executive leadership team, board members, and external stakeholders. 

• Encourage proactive problem-solving and collaboration across diverse stakeholder groups, ensuring alignment with strategic goals. 

• Stay updated on industry trends, regulatory changes, and emerging risks in the insurance/financial services sector that may affect corporate development. 

• Manage relationships with external consultants, advisors, and actuarial firms involved in merger & acquisition activities and reinsurance, among other topical approaches to managing reserves & capital.  

• Drive and manage change initiatives within the actuarial team, ensuring seamless transitions, effective communication, and robust support for team members adapting to new processes and market conditions. 

• Mentor and lead a team of actuaries, fostering a high-performance culture. Accountable for the talent management process including oversight of recruiting, performance management, diversity and inclusion, development and training. 

May perform other responsibilities as assigned.   

 

Reporting Relationships:  Reports to VP, Financial Services Chief Actuary. Leads a team of approximately 4 actuarial professionals. 

 

Typical Skills and Experiences:   

 

Education: Undergraduate