Insurance Quant Jobs in Columbus, OH (NOW HIRING)

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The Protected Retirement business is part of Nationwide Retirement Solutions, an organization that helps secure financial futures for approximately three million participants across 30,000 retirement plans and $250 billion in assets. The broader business supports participants preparing for and living in retirement through recordkeeping, investment solutions, pension risk transfer, and retirement income offerings.
Within that environment, this Actuary role is focused on pricing and product development for in-plan annuity solutions that help participants manage market risk, protect principal, and build greater confidence in retirement income. The team combines actuarial, product, and business expertise to evaluate solution design, support innovation, and advance guaranteed retirement offerings embedded within target date funds, managed accounts, and other retirement plan solutions.
Key Responsibilities:

• Support pricing and product development for in-plan annuities designed to bring lifetime income guarantees to defined contribution plans
• Develop, maintain, and enhance actuarial models used to evaluate product performance, assumptions, risk exposure, and profitability across in-plan retirement income solutions.
• Partner with asset managers, and other insurers on highly customized solutions
• Analyze experience, trends, and emerging market dynamics to identify opportunities for innovation, pricing refinement, and continuous improvement.
• Communicate findings and recommendations clearly to business leaders and actuarial partners, translating complex analysis into actionable insights for decision-making.

Qualifications & Skills:

• Bachelor's degree in actuarial science, mathematics, statistics, finance, or a related quantitative field.
• Progress toward ASA/FSA credentialing, or equivalent actuarial exam progression, with a strong commitment to continued professional development.
• Actuarial experience in retirement solutions, annuities, life insurance, investments, or other financial services products; experience with pricing or guaranteed income solutions is preferred.
• Strong technical skills in actuarial modeling, data analysis, and quantitative problem solving, including experience with modern actuarial tools and large data sets.
• Knowledge of retirement income concepts, product design, risk management, and pricing methodologies.
• Demonstrated ability to work collaboratively across functions, manage multiple priorities, and communicate effectively with both technical and non-technical stakeholders.
• Curiosity, sound judgment, and a continuous improvement mindset, with the ability to turn analysis into practical business recommendations.

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
It is our intention to fill this role in Columbus, OH. However, applications from candidates working remotely who bring critical industry skills and relevant experience may be considered.
Internal Compensation Grade: H4
#LI-KD1
Job Description Summary
Has mastery of company operations, systems and actuarial methodologies. Provides leadership direction and oversight for the performance of complex actuarial techniques and procedures, and complex mathematical and quantitative actuarial and risk analysis. Manages research to clarify complex actuarial models and risk issues; directs others to maintain documentation of actuarial analysis, and preparation of the actuarial portion of financial reports, tax returns, and responses to insurance regulators; ensures that actuarial systems and databases conform to and utilize actuarial setting methodologies that produce efficient, consistent, and integrated data & analysis. Combines advanced actuarial and business knowledge to perform actuarial and risk analysis. Will lead, coordinate and perform actuarial analyses to assist in the development of complex actuarial models and business recommendations. Works independently on complex projects.
Job Description
Reporting Relationships: Reports to Actuarial Manager, or other financial/actuarial management.
Core Duties and Responsibilities:

• Leads and provide expert knowledge for the compilation, categorization and analysis of data.
• Leads and provides expert knowledge for the construction of complex testing tools and analysis of product calculations.
• Leads and provide expert knowledge for the construction, maintenance and execution of Actuarial, Projection & Valuation Models.
• Leads and provide expert knowledge for the financial reporting & analysis.
• Leads and provide expert knowledge for the pricing and implementation of products.
• Leads and provide expert knowledge for the analyzing risks for lines of business.
• Leads and provides expert knowledge for the establishing reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.
• Leads and provide expert knowledge for the analysis of reinsurance opportunities.
• Develops effective communication strategies and recommendations to leadership. Executes and delegates as needed.
• Performs other duties as assigned.

Typical Skills and Experiences:
Education: Undergraduate degree in Actuarial Science, Mathematics, Statistics, or similar background requiring modeling, programming, or quantitative analysis.
License/Certification/Designation: FSA required. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.
Experience: Typically 5 to 7 years of actuarial experience.
Knowledge, Abilities and Skills: Expert knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Mastery of Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages. Basic level of organizational agility and conflict management. Proficient level of command skills, strategic agility, delegation, motivating others, business perspective, and accounting. Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager's leader and HR Business Partner.
Values: Regularly and consistently demonstrates the Nationwide Values and Guiding Behaviors.
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.
Evaluation Activity: KB 10/2019
We currently anticipate accepting applications until 05/28/2026. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.
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 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, click here.
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.
This position could be filled within any of the lower 48 U.S. states.
#actuarial
Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.
For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf
NOTE TO EMPLOYMENT AGENCIES:
We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.
The national salary range for Actuary, NF : $138,000.00-$243,000.00
The expected starting salary range for Actuary, NF : $138,000.00 - $206,000.00