Sr. Actuary, NF - Asset and Liability Management (ALM)

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.

ALM’s mission is to maximize earnings and the value delivered from NF’s investments, while helping the company avoid excessive financial markets risks. Through this mission, we are able to directly affect business growth, member value, and the financial strength of the enterprise.

This position will support fulfillment of the key responsibilities of ALM:

• Investment strategy development, testing, and analysis;
• Portfolio risk monitoring and management;
• Investment needs, cash, and liquidity management; and
• Surplus income enhancement.

As part of this role, ALM team members serve a dual role as business advisors and risk managers, working closely with Actuarial, Office of Investments, NF Business Development, ERM, Treasury, NF Finance and Controllership, amongst others.

Key Responsibilities:

• Supporting development, testing, and analysis of new investment strategies (and related modeling assumptions) for Nationwide Financials' $100B+ general account investment portfolios. This includes:

• ALM model and assumption development in ALFA and/or AXIS
• Developing investment strategies for new products and optimizing existing ones
• Developing risk analytics and reports using visualization and other tools
• Coordinating pool rebalancing and asset sales
• Working with Investments, Actuarial, ERM and NF Business Development teams to allow for consideration of business needs, capital usage and risk impacts, and asset market opportunities as well as constraints.

• Performing and analyzing liquidity stress tests and reporting on findings
• Monitoring and analyzing NF’s operational and investment cash flows
• Supporting and growing Nationwide’s Spread-Lending and Funding Agreement programs
• Evaluating fixed income hedging solutions to minimize risk in our investment strategy execution and drive optimal investment performance
• Presenting findings to business partners, Investments, PRC, and others
• Providing ALM project leadership, overseeing contributions from various stakeholders across Nationwide

Preferred Skills:

• SQL, Data Bricks, Power BI, Tableau
• Proficiency in actuarial software (e.g., AXIS, ALFA).
• Strong analytical skills and attention to detail.
• Excellent communication and teamwork abilities.

This role can be staffed remote, but prefer the Columbus, OH location.  This position will be filled at the internal H5 pay band. 

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Job Description Summary

Our Nationwide Financial 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 Senior Actuary, you’ll be an expert, providing leadership, direction and oversight for the creation and performance of sophisticated actuarial techniques and procedures and risk analysis. You’ll handle research and direct others to ensure efficient, consistent and integrated data and analysis. We’ll count on you to provide a strategic vision for the team and deliver business recommendations that are crucial to the success of Nationwide and the protection we provide our customers. You’ll work independently and may directly or indirectly lead others.

Job Description

Key Responsibilities:

• Provides strategic direction and knowledge for the compilation, categorization and analysis of data and financial reporting and analysis.

• Constructs sophisticated testing tools and analyzes product calculations.

• Leads, provides expertise and builds strategies for pricing and implementation of products.

• Constructs,