Actuarial Technical Specialist - Nationwide Financial

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.

Actuarial Technical Specialist

We're seeking a passionate and skilled Actuarial Technical Specialist to join our dynamic team. This role offers the opportunity to make a significant impact by leading product implementations and contributing to the development of innovative solutions.

Core Responsibilities:

• Test and validate key values, ensuring seamless integration with our life insurance support systems.

• Collaborate with cross-functional teams to enhance our admin and illustration systems.

• Manage the flow of life support, including run support rate changes and repricing.

• Implement and maintain high-quality life insurance product calculations and data.

• Code complex life insurance calculations and features within our proprietary Life Support application.

• Support intricate data and analytic dashboards.

Essential Skills:

• Strong foundation in actuarial science and mathematics.

• Proficiency in reading and interpreting policy forms and specifications.

• Hands-on experience with VB.net, SQL, and SSIS packages.

• Ability to write computer language and logic to verify and implement products.

• Skills in velocity, agility, critical thinking, and problem-solving.

Required Qualifications:

• Technical skills: VB.net, SQL, SSIS packages.

• Understanding of actuarial science and/or data science.

Nice-to-Have Qualifications:

• Experience with data visualization tools like Tableau or Power BI.

• Experience with life insurance products.

• Ability to build robust business partnerships within the actuarial department, as well as with IT and Operations.

Additional Insights:

• This role offers a unique opportunity to work at the intersection of actuarial science and IT, contributing to both technical and strategic initiatives.

• We value well-rounded candidates who are eager to learn and grow within our collaborative team environment.

• The ideal candidate will be a self-starter with a "fire in the belly" and a passion for continuous learning.

• This position will be staffed at the internal F3 pay band.

• Preference is for this position to be based out of the Columbus, OH office, but will also consider fully remote for well qualified candidates.

#LI-remote

#LI-SM1

Job Description Summary

Our Nationwide Financial (NF) 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 a Technical Specialist, you’ll gain thorough knowledge of actuarial functions for our NF Products. You will continue to perform increasingly sophisticated actuarial methodologies to estimate future loss and premium results for ratemaking or valuation purposes. We’ll count on you to complete a wide variety of actuarial assignments with minimal direction.

Job Description

Key Responsibilities: 

• Compiles, categorizes and analyzes data with limited supervision.

• Assists and supports in building sophisticated testing tools, analysis of product calculations and product illustrations.

• Assists with construction, maintenance and execution of financial, actuarial, projection and valuation models.

• Assists with financial reporting and analysis.

• Supports pricing and implementation of products.

• Conducts analysis of risks for NF lines of business.

• Assists and supports in valuation/reserving under multiple accounting regimes (statutory, GAAP, and tax) for products.

• Conducts some analysis of reinsurance opportunities.

• May assist within their specialty areas on one or more highly specialized phases of data and analytics which may include data governance, data strategy development, data modeling, data requirements, data manipulation and/or requirements elicitation.