Sr. Actuarial Consultant - Middle Market Specialty Care

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.

We are excited to announce an opening for Sr. Actuarial Consultant on the Commercial Middle Market Pricing Team, focusing on the Specialty Care practice. This role offers the opportunity to work on special projects and collaborate closely with various Middle Market leaders.

Key Responsibilities:

• Act as a strategic advisor with product and field underwriting teams
• Collaborate with actuarial teams to enhance pricing sophistication
• Lead special projects to drive value across Middle Market

Preferred Skills and Experience:

• Experience in rate indications, reserving, and predictive model validation
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to work effectively with diverse leaders across the Middle Market organization

This position provides significant exposure to senior leadership and the opportunity to drive significant value for Middle Market. If you are proactive and innovative, we encourage you to apply.

Please Note: This position is preferred to sit in Columbus, OH; Des Moines IA, or Scottsdale, AZ to work a two day a week hybrid schedule.

This position will be staffed at the G5 internal pay band..

.

#LI-SM1

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 packages and make