Actuarial Technical Specialist - Data Modernization

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.

Position Overview:

As an Actuarial Technical Specialist, you’ll gain a thorough knowledge of the Actuarial – Reserving function across our P&C Products.  We’ll count on you to complete a wide variety of assignments related to actuarial data and some actuarial and/or financial analysis/reporting.

In this role, you will play a critical role in our Reserving Transformation.  You will help drive our Data Modernization -- consumption and structuring of loss reserving data to further the Reserving Department’s Actuarial analytics through the improvement of our data, capabilities, and tools.  The P&C Reserving department has signed an agreement with Akur8 to utilize their Reserving platform (Arius) to enhance our capabilities.  You will support the team in assessing/understanding our current data assets and transmitting those into Arius to produce reliable reserve estimates. 

You will also support the P&C Reserving Leadership team by assisting in producing views that help tell the Quarterly Reserving outcomes to senior leadership.  This role will offer the capability to enhance how we are currently receiving reserving output from the separate line of business teams and seeking ways to drive consistency and improve messaging.  In this role, you will also provide support for the Statement of Actuarial Opinion, provide information to auditors, and produce actuarial/financial ad hoc projects. 

This will be an exciting role as the P&C senior leadership team is strongly supporting this transformation.  Through the understanding of data flows, supporting the architectural needs, and assisting in actuarial/financial products that span all the lines, you have the opportunity to significantly increase your P&C knowledge base, which may lead to more opportunities.

You will be supported by a strong team of actuarial, insurance, and data professionals.

Successful candidate attributes:

• Strong data mindset.  Enjoys understanding connectivity of different data sources and how they can come together to produce business analytics tools.

• Strong financial mindset – understands or has a strong desire to understand the Loss and LAE financials of the P&C organization

• Proficient in PowerBI and PowerPoint

• Proficient in writing code in SQL, Python, or R

• Familiar with Databricks environment

• Ability to work independently.

• Attention to detail and extraordinary care in ensuring accuracy of data/deliverables.

• Able to communicate effectively with both technical and non-technical audiences.

We are looking for You to join us and help us on this Transformation journey.

This role will be staffed an the internal F3 pay band. This position will be working a hybrid schedule with 2 days in an office location preferably Columbus, OH or Des Moines, IA.

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 Technical Consultant, you’ll be an actuarial technical expert for planning, driving, communicating and executing projects that may impact multiple lines of business and/or administrative areas. Additionally, you will provide expertise, including consultation and recommendations, for ratemaking or reserving purposes.

Job Description

Key Responsibilities:

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

• Conducts complex anal