Senior Actuary, P&C Commercial Reserving - 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 Actuary, P&C Reserving – Commercial Lines & Agribusiness – (In-Person or Remote)

Profile Summary

We are currently seeking a Senior Actuary, a manager-level position, that will play a key role in evaluating reserve adequacy for Commercial Property, Auto, and Workers’ Compensation and work closely with business leaders, providing their teams with data-driven insights and expertise.

Key Responsibilities

• Leadership and Oversight: Evaluate and maintain overall reserve adequacy for the specified lines of business. As a people leader, train and develop staff aligned with a World-Class Underwriting Company mindset.

• Reserve Assessment: Conducting detailed analyses to determine recommended revisions.

• Methodology Evaluation: Use sound actuarial techniques and seasoned judgment to organize and direct reserve review processes. Evaluate alternative actuarial methods and establish thought leadership in developing innovative approaches as needed.

• Trends: Maintain a constant dialogue with the Pricing, Claims, and Underwriting organizations to accurately reflect changes in operations and industry trends.

• Clear Communication: Concisely present analysis results and insights to both actuarial and non-actuarial audiences.

• Documentation: Ensure thorough documentation of assumptions, methods, and sources, adhering to CAS standards.

• Professional Representation: Interact professionally in internal and external stakeholders, exercising outstanding judgment.

Typical Skills and Experience

• Education: Bachelor’s degree in actuarial science, mathematics, statistics, business, or related field with a strong quantitative orientation.

• Certification: Associate in the Casualty Actuarial Society required; Fellowship preferred.

• Experience: Typically ten years in an actuarial function with prior leadership experience.

• Knowledge and Abilities:

  • Advanced knowledge of actuarial techniques and insurance operations.

  • Familiarity with relevant state and federal laws and regulations.

  • Outstanding interpersonal skills.

  • Effective group presentation skills.

  • Proficiency in data manipulation techniques (e.g., R, Python, SQL).

Qualifications:

• Strong analytical skills

• Business and insurance knowledge

• Ability to communicate complex information to internal and external partners

Values

Demonstrate Nationwide Values consistently.

This role will be staffed at the H5 internal pay band. This role can also be 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 a Senior Actuary, you’ll be an expert and will provide leadership direction and oversight for the creation and performance of complex actuarial techniques and procedures and risk analysis. You’ll manage 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 lead others (directly and/or indirectly).

Job Description

Key Responsibilities: