
Actuarial Annuity Modeling Senior Director - REMOTE
Nationwide Mutual Insurance Company, WorkFromHome, OH, United States
* Owns the annuity modeling strategy across AXIS and ALFA, ensuring models remain fit-for-purpose, well-controlled, and aligned to NF’s risk appetite and financial objectives.* Leads the design and execution of large-scale modeling initiatives.* Partners with internal stakeholders to shape reserve and valuation methodologies, providing thought leadership on modeling implications, trade‐offs, and long‐term impacts.* Fellow of the Society of Actuaries (FSA) and Member of the American Academy of Actuaries (MAAA), or equivalent credentials.* Significant experience (typically 10+ years) in life/annuity actuarial roles, with a strong focus on valuation, reserving, or financial reporting and deep familiarity with annuity products.* Demonstrated leadership of complex modeling initiatives and teams, including responsibility for production models and quarter‐end / year‐end deliverables.* Hands‐on experience with major actuarial modeling platforms (AXIS strongly preferred) and an understanding of end‐to‐end modeling processes (data, model design, compute, output, and analytics tools).* Proven ability to influence across functions and levels, including senior leaders and external partners (e.g., regulators, auditors, consulting firms, software vendors).* Strong people leadership track record, including performance management, coaching and development, and succession planning for future leaders.* Builds models and assumptions to evaluate the pricing metrics of a product design to advise business and risk management leadership of the expected profitability and most significant risks associated with new product concepts.* Demonstrates expert knowledge of pricing assumption-setting, model building, actuarial analysis, product mechanics and embedded policy owner options, valuation and non-forfeiture law.* Works with business leadership to craft innovative concepts and product designs to meet customer needs, while at the same time figuring out how the new concepts and products provide adequate risk adjusted return on capital and meet regulatory constraints. May also be involved with risk management leadership on innovative reinsurance concepts and redundant reserve transactions. Requires collaboration skills and knowledge of markets and distribution systems as well as the underlying actuarial expertise.* Evaluates, updates and maintains models and assumptions as experience emerges to manage risk and periodically resolve capital use and expected return on capital. Advises and informs business and risk management leadership of recommended product or process changes to support profitable growth and capital strength.* Educates and motivates the cross-functional team to deliver results. Communicates and influences to gain top-down support as well as approval.* Builds materials to support the state and interstate compact approval, implementation and administration of new products, including filing demonstrations and actuarial specifications.* Hires and develop talent, provides consistent coaching and feedback.We have an array of benefits to fit your needs, including: 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. To learn more about the benefits we offer,At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can *feel* the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we're , too, and let us know –
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