Specialist, Financial - Actuarial
National Black MBA Association, Columbus, OH, United States
As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! We are looking for associates who are passionate about delivering extraordinary care.
This role requires strong technical skills in the implementation of new products, maintenance of the in‑force block of business, and collaboration with partners in IT, other actuarial teams, and key business stakeholders. It will be part of the Life In‑Force Management team, working on reinsurance, key value auditing, and policy review.
Preferred Experience
Excel, VBA, and SQL are highly preferred.
Financial products knowledge.
Knowledge of actuarial methodologies and calculations.
Job Description
As a Technical Specialist, you will gain thorough knowledge of actuarial functions for our Nationwide Financial products. You will perform increasingly sophisticated actuarial methodologies to estimate future loss and premium results for ratemaking or valuation purposes. We will count on you to complete a wide variety of actuarial assignments with minimal direction.
Key Responsibilities
Compile, categorize, and analyze data with limited supervision.
Assist and support in building sophisticated testing tools and analysis of product calculations and product illustrations.
Assist with construction, maintenance, and execution of financial, actuarial, projection, and valuation models.
Assist with financial reporting and analysis.
Support pricing and implementation of products.
Conduct analysis of risks for Nationwide lines of business.
Assist and support in valuation/reserving under multiple accounting regimes (statutory, GAAP, and tax) for products.
Conduct some analysis of reinsurance opportunities.
Assist within specialty areas on highly specialized phases of data and analytics, potentially including data governance, data strategy development, data modeling, data requirements, data manipulation, and requirements elicitation.
Help, when requested, in the design, development, and implementation of new programs and/or modifications of existing applications, including coding and other methodologies.
Support the development of effective communication and recommendations to leadership; may build supporting documentation.
May perform other responsibilities as assigned.
Reporting Relationships
Financial Director – Actuarial or other financial/actuarial management.
Typical Skills and Experiences
Education/Knowledge:
Undergraduate degree in actuarial science, mathematics, statistics, or similar background requiring modeling, programming, or quantitative analysis.
License/Certification/Designation:
May have passed several actuarial, LOMA, or other industry exams and may hold information technology certifications.
Experience:
Generally, two to four years of financial, actuarial, or relevant experience.
Knowledge, Abilities, and Skills:
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), programming languages, and actuarial models. Basic customer focus, business perspective, accounting, problem solving, ambiguity tolerance, drive for results, analytical thinking, and learning agility.
Other criteria, including leadership skills, competencies, and experiences, may take precedence.
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 perform a somewhat different combination of duties.
Benefits
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 (including a minimum of 18 days paid time off each full calendar year prorated 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 Employment Opportunity
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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This role requires strong technical skills in the implementation of new products, maintenance of the in‑force block of business, and collaboration with partners in IT, other actuarial teams, and key business stakeholders. It will be part of the Life In‑Force Management team, working on reinsurance, key value auditing, and policy review.
Preferred Experience
Excel, VBA, and SQL are highly preferred.
Financial products knowledge.
Knowledge of actuarial methodologies and calculations.
Job Description
As a Technical Specialist, you will gain thorough knowledge of actuarial functions for our Nationwide Financial products. You will perform increasingly sophisticated actuarial methodologies to estimate future loss and premium results for ratemaking or valuation purposes. We will count on you to complete a wide variety of actuarial assignments with minimal direction.
Key Responsibilities
Compile, categorize, and analyze data with limited supervision.
Assist and support in building sophisticated testing tools and analysis of product calculations and product illustrations.
Assist with construction, maintenance, and execution of financial, actuarial, projection, and valuation models.
Assist with financial reporting and analysis.
Support pricing and implementation of products.
Conduct analysis of risks for Nationwide lines of business.
Assist and support in valuation/reserving under multiple accounting regimes (statutory, GAAP, and tax) for products.
Conduct some analysis of reinsurance opportunities.
Assist within specialty areas on highly specialized phases of data and analytics, potentially including data governance, data strategy development, data modeling, data requirements, data manipulation, and requirements elicitation.
Help, when requested, in the design, development, and implementation of new programs and/or modifications of existing applications, including coding and other methodologies.
Support the development of effective communication and recommendations to leadership; may build supporting documentation.
May perform other responsibilities as assigned.
Reporting Relationships
Financial Director – Actuarial or other financial/actuarial management.
Typical Skills and Experiences
Education/Knowledge:
Undergraduate degree in actuarial science, mathematics, statistics, or similar background requiring modeling, programming, or quantitative analysis.
License/Certification/Designation:
May have passed several actuarial, LOMA, or other industry exams and may hold information technology certifications.
Experience:
Generally, two to four years of financial, actuarial, or relevant experience.
Knowledge, Abilities, and Skills:
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), programming languages, and actuarial models. Basic customer focus, business perspective, accounting, problem solving, ambiguity tolerance, drive for results, analytical thinking, and learning agility.
Other criteria, including leadership skills, competencies, and experiences, may take precedence.
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 perform a somewhat different combination of duties.
Benefits
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 (including a minimum of 18 days paid time off each full calendar year prorated 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 Employment Opportunity
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