Life Actuarial Staff - Forecasting and In Force Management - Fully Remote

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!

This role will be responsible for calculating, analyzing, and communicating quarterly life insurance GAAP forecasting results. Additionally, this role is responsible for modeling and analyzing in force management results and developing and maintaining reporting tools

Experience:

• ASA or higher credentialling required
• MG ALFA or AXIS experience highly preferred.
• Prior experience with Life Insurance or forecasting highly

This role can be fully remote, hybrid, or office based. It will be staffed at the G band.

Job Description Summary
Our Nationwide Financial 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 Senior Consultant, you'll need to have detailed familiarity with business operations, systems and actuarial methodologies. We'll count on you to be adept at sophisticated actuarial techniques and work independently to combine advanced actuarial and business knowledge to provide high-level analysis. Additionally, you'll 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:

• Compiles, categorizes and analyzes sophisticated data sets.
• Builds complicated testing tools and conducts detailed analysis of product calculations.
• Constructs, maintains and performs Actuarial, Projection & Valuation Models.
• Builds financial reporting tools and completes analysis.
• Prices and implements products.
• Conducts complicated risk analysis.
• Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.
• Crafts effective communication strategies and recommendations to leadership. Develops supporting documentation.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Actuarial leader.

Typical Skills and Experiences:

Education: Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming or quantitative analysis.

License/Certification/Designation: Generally attained ASA and is actively enrolled in the Actuarial Development Program; working towards FSA or recently attained FSA. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.

Experience: Typically, four to six years of actuarial experience.

Knowledge, Abilities and Skills: Proven knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Proficient in Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages. Should have basic competencies including: command skills, strategic agility, delegation, motivating others, business perspective, and accounting. Should have highly-developed competencies for: business understanding, problem solving, customer focus, dealing with ambiguity, drive for results and learning ability.

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 Human Resources Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values and Guiding Behaviors.

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.

Benefits

We have an array of benefits to fit your needs, including: medical/dental, paid time off plus nine paid holidays, 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.

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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.pdf

Nationwide utilizes a geographic-specific salary structure. The range for this role in Colorado is$90,000.00 - $137,000.00

Nationwide pays based on a geographic-specific salary structure. The range for this role in Ithaca, New York is$90,000.00 - $184,000.00