Actuarial Consultant Personal Lines Pricing (Remote)

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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. Our customers are at the center of everything we do, and we're looking for associates who are passionate about delivering extraordinary care.

As a member of the Capability Acceleration & Tools team, you will be on the leading edge of developing and implementing new pricing capabilities. This role involves frequent collaboration with data analytics and technology teams, and the ideal candidate should be adept at building effective partnerships across these domains.

Key Responsibilities:
  • Partner with data and analytics teams as the pricing subject matter expert on the development of new analytical assets.
  • Partner with technology teams to implement a new rating platform that will be the source of our strategic pricing metrics and analyses.
  • Inform the continued development of the data ecosystem for Personal Lines.
  • Lead or participate on the development teams for new pricing and/or analytical capabilities.
Preferred Skills and Experience:
  • Experience with Personal Lines products.
  • Experience with SQL and Python and/or R.
  • Knowledge of predictive analytics techniques and data architecture.
  • Willingness to engage with multi-disciplinary business partners and stakeholders across product, technology, engineering, etc.
  • Ability to develop creative solutions for problems outside of the traditional pricing actuary's scope.
  • Entrepreneurial mindset and the ability to operate in ambiguity.

Location is open to candidates working a hybrid schedule at one of our main campuses in Columbus (OH) or Des Moines (IA), but fully remote candidates will also be considered. This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

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!

Job Description Key Responsibilities:
  • Has in-depth knowledge of actuarial methodologies with the ability to source and manipulate complex 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.
  • 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 position with regulators, auditors, and external vendors.
  • Develops work plans and ensures accurate work product is delivered.
  • Leads peer reviews to increase collaboration, ensure quality work, and drive innovation.
  • Maintains relationships with business customers as well as builds new relationships.
  • Leads onboarding and training for new associates on standard work processes.
  • Applies data mining techniques used to identify new relationships in data and make recommendations based on findings.
  • Builds and validates models in different software packages.
  • Explores the use of new software packages.
  • Has practical use of predictive modeling.
  • May perform other responsibilities as assigned.
Reporting Relationships:

Reports to an Actuarial Analytics or Risk Management leader.

Typical Skills and Experiences:
  • Education: Undergraduate degree in actuarial science, mathematics, statistics, data science, or similar background requiring modeling, programming, or quantitative analysis.
  • License/Certification/Designation: Generally has attained ACAS and is working towards FCAS.
  • Experience: Generally five or more years of actuarial experience.
  • Knowledge, Abilities, and Skills: Detailed knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software, and databases. Proficient in Microsoft Office products, analytical software, and programming languages.
  • Should have basic competencies including command skills, strategic agility, delegation, motivating others, business perspective, and accounting.
  • Should have highly-developed competencies in business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability.
Values:

Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Not Eligible (Exempt). Working Conditions: Normal office environment.

Benefits: We 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.

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.

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Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

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Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

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