Actuarial Modeling & Analytics - Personal Lines Pricing (Remote)

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.

As a member of the Capability Acceleration & Tools team, you will be on the leading edge of developing and implementing new pricing capabilities. This role involves frequent collaboration with data, analytics, and technology teams, and the ideal candidate should be adept at building effective partnerships across these domains.
 

Key Responsibilities:

• Partner with data and analytics teams as the pricing subject matter expert on the development of new analytical assets.
• Partner with technology teams to implement a new rating platform that will be the source of our strategic pricing metrics and analyses.
• Inform the continued development of the data ecosystem for Personal Lines.
• Otherwise lead or participate on the development teams for new pricing and/or analytical capabilities.

​Preferred Skills and Experience:

• Experience with Personal Lines products.
• Experience with SQL and Python and/or R.
• Knowledge of predictive analytics techniques and data architecture.
• Willingness to engage with multi-disciplinary business partners and stakeholders across product, technology, engineering, etc.
• Ability to develop creative solutions for problems outside of the traditional pricing actuary's scope.
• Entrepreneurial mindset and the ability to operate in ambiguity.

Location:

Location is open to candidates working a hybrid schedule at one of our main campuses in Columbus (OH) or Des Moines (IA), but fully remote candidates will also be considered.

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.  

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 your start date.

Job Description

Key Responsibilities: 

• Has in depth knowledge of actuarial methodologies with the ability to source and manipulate complex data within standard requirements.

• Conducts complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing considerations, and developing recommendations. Resolves unreasonable results/non-optimal solutions using experience and professional judgment.

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

• Prepares and presents actuarial findings and documents that are suitable for technical and non-technical audiences at the senior Actuarial leadership level. May professionally represent company position with regulators, auditors, and external vendors.

• Develops work plans and ensures accurate work product is delivered.

• Leads peer reviews to increase collaboration, ensure quality work, and drive innovation.

• Maintains relationship with business customers as well as builds new relationships.

• Leads onboarding and training for new associates on standard work processes.

• Applies data min