Logo
Nationwide

P&C Finance Planning & Forecasting - Sr. Actuary - Remote

Nationwide, Ohio


As a team member in the Finance and Internal Audit 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 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 seeking a visionary leader to spearhead the transformation of P&C Finance Planning & Forecasting and drive actuarial consolidations.Key Responsibilities:Lead and drive financial planning and forecasting initiatives across the entire P&C finance operation, with a focus on loss ratio forecasting.Provide second-line review of actuarial forecast assumptions and summarize outcomes for senior leaders.Enhance planning and forecasting tools for best practices and greater efficiency.Collaborate with multiple stakeholders to deliver impactful projects. Preferred Skills and Qualifications:Proficiency in modern coding languages such as R, Python, SQL, or similar.Experience with Databricks, Git, Snowflake, or other relevant cloud-computing software.Proven track record of leading and delivering projects in a collaborative environment.Fellowship of the Casualty Actuarial Society (FCAS) preferred; Associate of the Casualty Actuarial Society (ACAS) required.This role will be staffed at the H5 pay band. This position may be staffed remote.#LI-SM1#LI-remoteJob Description SummaryOur 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 DescriptionKey Responsibilities:Acts as technical expert of actuarial methodologies allowing the ability to source and manipulate data within standard requirements. Identifies new ways to utilize data driving overall strategic vision.Conducts complex analyses adhering to actuarial standards by selecting appropriate data sources, making assumptions, recognizing considerations, and developing recommendations. Accountable for resolving unreasonable results/non-optimal solutions using experience and professional judgment.  Analysis conducted will be used to influence broad strategic vison of Nationwide.Accurately documents assumptions, methods, sources and considerations in an organized fashion.Creates cohesive presentations and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level. May professionally represent company's position with regulators, auditors and external vendors. May negotiate within defined parameters.Responsible for strategic development and oversite of multiple work plans ensuring accurate and timely delivery of product.Strategic leader of peer review process. Responsible for driving collaboration cross functionally, identifies gaps in process, recommends and implements changes as needed to ensure quality work.Builds strategic business relationships at all levels of the organization to drive solution deliveryResponsible for identifying skill gaps and developing training materials to develop associates skills for future business needs.Advises on strategic data mining techniques used to identify new relationships in data. Makes recommendations on data and software packages that help drive strategic vision of P&C actuarial and business success.  Has expert knowledge of modeling, predictive modeling, and software applications.Consults and provides expert advice on new or enhanced product development opportunities, including discussions on data needed for analysis, coding implications and opinions of the viability and profitability of proposals.May perform other responsibilities as assigned.Reporting Relationships: Reports to Actuarial leader.Typical Skills and Experiences:Education: Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming, or quantitative analysis preferredLicense/Certification/Designation: Actuarial designation required, generally as an FCAS. PLEASE REFER TO THE NATIONWIDE PROPERTY AND CASUALTY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.Experience: Generally, eight or more years of actuarial experience.Knowledge, Abilities and Skills: Expert knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases; expert knowledge of company operations, products, systems and actuarial methodologies; expert knowledge of company, industry, and regulatory practices. Mastery of Microsoft Office products, analytical software, and programming languages. Proficient level of organizational agility and conflict management. Proficient level of command skills, strategic agility, delegation, motivating others, business perspective and accounting. Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.Other criteria, including leadership skills, competencies and experiences may take precedence.Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.Values: Regularly and consistently demonstrates the Nationwide Values.Job Conditions:Overtime Eligibility: Exempt (Not Eligible)  Working Conditions: Normal office environment.ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.We currently anticipate accepting applications until 11/25/2024. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.BenefitsWe have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer,click here.Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.This position could be filled within any of the lower 48 U.S. states.Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdfNationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.The national salary range for Sr Actuary PC - 111250 : $131,000.00-$250,000.00The expected starting salary range for Sr Actuary PC - 111250 : $142,000.00 - $212,000.00SummaryLocation: Ohio; United States - RemoteType: Full time