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Nationwide · 11 hours ago

Senior Actuary, Annuities Valuation - REMOTE

United States

Full-time

Remote

Senior Level

$149K/yr - $262K/yr

6+ years exp

Nationwide is a leading financial services company dedicated to delivering extraordinary care to its customers. They are seeking a Senior Actuary to lead a team within their Variable Annuity business, focusing on valuation and technical expertise to enhance efficiency and accuracy in their operations.

BankingFinancial ServicesInsuranceLife Insurance

Responsibilities

Manage a small team of actuarial professionals

Oversee valuation calculations, including Principal Based Reserves, for variable and RILA annuities

Identify and implement process improvements to enhance efficiency and accuracy

Collaborate with cross-functional teams to support business initiatives

Provides strategic direction and knowledge for the compilation, categorization and analysis of data and financial reporting and analysis

Constructs sophisticated testing tools and analyzes product calculations

Leads, provides expertise and builds strategies for pricing and implementation of products

Constructs, maintains and completes Actuarial, Projection & Valuation Models

Analyzes risks and reinsurance for lines of business

Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP and tax) for products

Builds cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level

Qualification

FSA designationActuarial experienceVariable Annuity expertiseManagement experienceTechnical skillsOrganizational agilityInfluencing skillsStrategic agilityCommunication skillsInterpersonal skillsCustomer focusProblem solving

Required

FSA designation required

6+ years of actuarial experience

Experience with annuity products or valuation

Strong technical skills

Strong communication and interpersonal skills

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

Typically, at least eight years of actuarial experience

Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases

Knowledge of company operations, products, systems and actuarial methodologies

Knowledge of industry and regulatory practices is vital

Proficiency in Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages

Proficient level of organizational agility, influencing skills, strategic agility, inspiring others, business perspective and accounting

Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning

Preferred

Management experience preferred

Benefits

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.

Company

Nationwide

Glassdoor3.9

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States.

Founded in 1925

Columbus, Ohio, USA

10001+ employees