Actuarial Senior Associate - P&C Reserving (Remote)
National Black MBA Association, Atlanta, GA, United States
Actuarial Senior Associate - Reserving
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.
The General Liability and Umbrella Reserving team sits within Nationwide’s P&C Commercial Lines and NWAG organization and plays a critical role in supporting profitable growth and long‑term financial strength across the enterprise. This team is responsible for establishing and monitoring loss and loss adjustment expense reserves for General Liability and Umbrella products across multiple segments and distribution channels, including Nationwide Agribusiness (NWAG).
Key Responsibilities
Lead the design, execution, and communication of reserve analyses for General Liability and Umbrella lines, including quarterly and ad hoc studies at the line, segment, and program levels.
Develop and apply advanced actuarial methodologies (e.g., stochastic reserving, frequency‑severity modeling, tail factor and trend analyses, diagnostic tools) to assess reserve adequacy and volatility.
Translate technical findings into clear, actionable recommendations for leaders in Commercial Lines, NWAG, Claims, and Finance, highlighting key drivers, risks, and alternative scenarios.
Partner with Pricing, Underwriting, and Product teams to ensure strong connectivity between reserving insights, rate adequacy, and underwriting strategies for GL and Umbrella.
Qualifications
Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
ACAS credential, with progress toward FCAS (near‑associate level candidates with relevant experience will be taken into consideration).
Strong knowledge of P&C actuarial reserving techniques (e.g., General Liability, Umbrella, Excess).
Demonstrated experience with triangular reserving methods.
Proficiency with actuarial and data tools (e.g., Excel, SQL, R, Python, SAS, or similar) and an interest in automation, reproducibility, and visualization.
This role is ideal for an actuarial professional who enjoys deep technical work, influencing business decisions through insight, and working in a collaborative environment that spans the P&C enterprise.
This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
This position can be staffed remotely for potential applicants with critical industry skills and relevant experience.
Internal Compensation Grade: G5
#LI-KD1
Benefits
Medical/dental/vision
Life insurance
Short and long‑term disability coverage
Paid time off with a minimum of 18 days for newly hired associates 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
Equal Opportunity Statement 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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The General Liability and Umbrella Reserving team sits within Nationwide’s P&C Commercial Lines and NWAG organization and plays a critical role in supporting profitable growth and long‑term financial strength across the enterprise. This team is responsible for establishing and monitoring loss and loss adjustment expense reserves for General Liability and Umbrella products across multiple segments and distribution channels, including Nationwide Agribusiness (NWAG).
Key Responsibilities
Lead the design, execution, and communication of reserve analyses for General Liability and Umbrella lines, including quarterly and ad hoc studies at the line, segment, and program levels.
Develop and apply advanced actuarial methodologies (e.g., stochastic reserving, frequency‑severity modeling, tail factor and trend analyses, diagnostic tools) to assess reserve adequacy and volatility.
Translate technical findings into clear, actionable recommendations for leaders in Commercial Lines, NWAG, Claims, and Finance, highlighting key drivers, risks, and alternative scenarios.
Partner with Pricing, Underwriting, and Product teams to ensure strong connectivity between reserving insights, rate adequacy, and underwriting strategies for GL and Umbrella.
Qualifications
Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related field.
ACAS credential, with progress toward FCAS (near‑associate level candidates with relevant experience will be taken into consideration).
Strong knowledge of P&C actuarial reserving techniques (e.g., General Liability, Umbrella, Excess).
Demonstrated experience with triangular reserving methods.
Proficiency with actuarial and data tools (e.g., Excel, SQL, R, Python, SAS, or similar) and an interest in automation, reproducibility, and visualization.
This role is ideal for an actuarial professional who enjoys deep technical work, influencing business decisions through insight, and working in a collaborative environment that spans the P&C enterprise.
This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
This position can be staffed remotely for potential applicants with critical industry skills and relevant experience.
Internal Compensation Grade: G5
#LI-KD1
Benefits
Medical/dental/vision
Life insurance
Short and long‑term disability coverage
Paid time off with a minimum of 18 days for newly hired associates 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
Equal Opportunity Statement 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.
#J-18808-Ljbffr