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Nationwide · 18 hours ago

Specialist, Actuarial Finance

Columbus, OH

Full-time

Hybrid

Entry, Mid Level

2+ years exp

Nationwide is a company dedicated to delivering extraordinary care to its customers. In this role, the Associate will be responsible for representing Finance on projects related to annuity products, working closely with various departments to ensure successful system functionality launches and support for the Annuity Modernization program.

BankingFinancial ServicesInsuranceLife Insurance

No H1B

Responsibilities

Provide calculation and logic support on annuity projects; this includes knowledge sharing, creation of sample scenarios, clarifying requirements, configuring, testing, and post-implementation (defect management) phases of the project

Provide support on annuity illustration tools; this can include creation of tools, enhancements to tools, or testing of third-party tools

Creation, or modification to, tools that assist Operations or Call Center associates with complex calculations

Analysis and support when defects are identified by IT, Operations, or Finance; this can include writing queries to identify impacted contracts and providing guidance on systems solutions to correct the calculations/logic

Analysis and support as questions arise on calculations for the annuity products and their guarantees; this includes analysis and clear communication back to internal and/or external parties

Compiles, categorizes and analyzes data with limited supervision

Assists and supports in building sophisticated testing tools, analysis of product calculations and product illustrations

Assists with construction, maintenance and execution of financial, actuarial, projection and valuation models

Assists with financial reporting and analysis

Supports pricing and implementation of products

Conducts analysis of risks for NF lines of business

Assists and supports in valuation/reserving under multiple accounting regimes (statutory, GAAP, and tax) for products

Conducts some analysis of reinsurance opportunities

May assist within their specialty areas on one or more highly specialized phases of data and analytics which may include data governance, data strategy development, data modeling, data requirements, data manipulation and/or requirements elicitation

Help, when requested, in the design, development, and implementation of new programs and/or modifications of existing applications. May assist in the more sophisticated designs, prototypes, coding and other methodologies for new and/or existing applications including development of test plans

Supports the development of effective communication and recommendations to leadership. May build supporting documentation

Qualification

Actuarial scienceMathematicsStatistical analysisFinancial modelingProgramming languagesMicrosoft OfficeCommunication skillsProblem solvingCollaboration

Required

Strong background in mathematics

Experience in the annuity line of business

Knowledge of information systems/computer programming

Eager to learn

Strong communication skills

Desire to collaborate

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

May have passed several actuarial, LOMA or other industry exams

May hold information technology certifications

Generally, two to four years of financial, actuarial or relevant experience

General knowledge of finance or actuarial business functions

Statistical methods of analysis

Financial or actuarial models

Financial/actuarial software

Programming languages or databases

Proficient in Microsoft Office products (including VBA within Access and Excel)

Basic level of perspective, customer focus, business perspective, and accounting

Proficient level of problem solving, dealing with ambiguity, drive for results, analysis, learning on the fly, and making the best use of system capabilities

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