Senior Consultant, Actuarial – Commercial Lines P&C - 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.

Senior Consultant, Actuarial – Commercial Lines P&C

About the Role:

We are seeking a dynamic Senior Actuarial Consultant to join our Commercial Reserving team. This role is pivotal in leading reserve studies for General Liability and Umbrella coverages to provide strategic insights that drive our business forward.

Key Responsibilities:

• Lead comprehensive reserve studies using advanced models and tools.

• Collaborate with claims and pricing teams to deliver insights beyond traditional reserving.

• Communicate findings effectively to both technical and non-technical audiences, ensuring clarity and actionable outcomes.

Must-Have Skills:

• Adept reserving skills to analyze complicated long-tailed data.

• Proficiency in ARIUS or similar reserving tools, Power BI, and SQL.

• Strong communication capabilities with the ability to articulate strategy and next steps.

Preferred Skills:

• Advanced modeling techniques (stochastics or GLM).

• Claims insights and analytics.

• Technical advancement in both software and communication.

• Databricks experience.

Why Join Us?

This is an exciting opportunity to be at the forefront of actuarial innovation, working with a team dedicated to excellence and strategic impact. If you are a forward-thinking professional ready to make a difference, we encourage you to apply.

This position can be staffed fully remote.

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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 Sr Consultant, you’ll need to have detailed familiarity with business operations, systems, and actuarial methodologies. We’ll count on you to be adept at complex actuarial techniques and work independently to combine advanced actuarial and business knowledge to provide high-level analysis. Additionally, you’ll have expertise to provide consultation and recommendations on deliverables and maintain detailed documentation of actuarial models and analyses. You’ll work independently and may lead others.

Job Description

Key Responsibilities: 

• Acts as a technical expert of actuarial methodologies allowing the ability to source and manipulate 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. Begins using results to influence decisions at a higher level.

• 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's position with regulators, auditors, and external vendors. May negotiate within defined parameters.

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

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

• Builds business relationships and leads cross functional communication with team members, customers, and business partners.

• Leads onboarding and training for new associates on standard work processes. Assists in creating new training materials.

• Applies data mining techniques used to identify new relationships in data and make recommendations based on findings. Has expert ability or knowledge of modeling, validation, and predictive modeling. Explores the use of new software