Actuary - Retirement Solutions Pricing - REMOTE
As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! 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. Actuary - Retirement Solutions Pricing Are you an experienced actuary looking to make a significant impact in the world of retirement solutions? We are seeking a dynamic and versatile Actuary to join our Investment Only Group Annuity & Recordkeeping team. This role offers the opportunity to work with investment-only fixed products. Key Responsibilities:
- Lead negotiations and interface with external institutions and business partners.
- Utilize actuarial modeling software to perform risk analysis and inform product design
- Maintain and enhance pricing models.
What We're Looking For:
- Must-Have: Actuarial experience, comfort with a primarily remote work team, and proficiency in modeling.
- Preferred: Experience with ALFA or Axis modeling software.
- Ability to handle quick requests and wear many hats in a dynamic environment.
- ASA required, FSA preferred
Why Join Us?
- Be part of a team that values adaptability and versatility.
- Play a crucial role in shaping our retirement solutions pricing strategies.
- Enjoy the challenge and excitement of a role with significant external exposure.
Location: This role can be staffed fully remote. #LI-SM1 #LI-remote
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 Actuary, you'll show a mastery of business operations, systems and actuarial methodologies. You will provide leadership, direction and oversight for the performance of sophisticated actuarial techniques and procedures and risk analysis. In addition, you'll develop a strategic vision for the team to ensure efficient, consistent and integrated data and analysis. We'll count on you to provide business recommendations that are crucial to the success of Nationwide and the protection we provide our customers. You'll need to work independently and may directly or indirectly lead others.
Job Description
Key Responsibilities:
- Acts as a specialist for compilation, categorization and analysis of data.
- Constructs sophisticated testing tools and product calculations.
- Builds, maintains and computes Actuarial, Projection & Valuation Models.
- Conducts financial reporting and analysis.
- Prices and supports implementation of products.
- Conducts risk analysis for lines of business/products.
- Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.
- Leads and provides experienced knowledge for the analysis of reinsurance opportunities.
- Builds cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level.
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: FSA required. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION. Experience: Typically, five to seven years of actuarial experience. Knowledge, Abilities and Skills: Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Mastery of Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages. Basic 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. 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. 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