Internship Actuarial Development Program Jobs in Ohio

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Actuarial Consultant, Life Modeling - Remote

Join Nationwide Financial Centralized Life Modeling team in a high-impact remote actuarial role where you will help build, enhance, and maintain actuarial models that support valuation, pricing, forecasting, asset adequacy, and risk management.

This opportunity is ideal for an ASA-level actuary with strong life insurance modeling experience who wants to do more than run production processes. In this role, you will work directly in the models, support new product and regulatory implementation, analyze results, improve processes, and take on broader ownership over time.

This position may have the opportunity to be a part of the Nationwide Financial Actuarial Development program designed to support the development of associates as they work towards obtaining the FSA designation. This is a permanent role and will not be part of Nationwide Financial Actuarial Rotation Program.

What you'll do

• Build, test, maintain, and enhance life insurance actuarial models used across key actuarial functions.

• Support implementation of new products, model updates, and regulatory changes in partnership with pricing, valuation, data and technology, and other stakeholders.

• Perform and review production runs and results, strengthen controls, explain unintuitive output, and help drive automation and process improvement.

• Partner with internal actuarial customers on modeling needs tied to pricing, merger and acquisitions, exploring reserve solutions, or other strategic work.

• Grow into larger, highly visible projects over time as you deepen your expertise and take on increasing responsibility.

Why this role stands out

• Permanent remote opportunity on a centralized modeling team with broad enterprise exposure.

• Hands-on modeling work with visibility into multiple applications: valuation, forecasting, asset adequacy, pricing, risk management and special projects.

• Opportunity to work with leading actuarial modeling platforms including Milliman's MG-ALFA/Integrate and Moody's GGY AXIS.

• Strong development environment with support for continued technical and leadership growth.

• Team culture that values innovation, collaboration, and practical use of AI tools to accelerate learning and improve work.

What we're looking for

• ASA required, actively pursuing the FSA designation.

• 4+ years of actuarial experience with a strong foundation in life insurance.

• Proven hands-on actuarial modeling experience, ideally in Milliman's MG-ALFA/Integrate, or Moody's GGY AXIS.

• Ability to work directly in the model environment, not solely as a production user following documentation.

• Strong problem-solving, communication, and partnership skills in a cross-functional setting.

• Self-motivation and sound judgment to succeed in a remote role while knowing when to collaborate and escalate issues.

Preferred background

• Experience with life insurance modeling work and familiarity with current life insurance valuation regulations such as PBR and LDTI.

• Exposure to life insurance products such as universal life, variable universal life, or hybrid/LTC-related products.

• Candidates with both Milliman's MG-ALFA/Integrate and Moody's GGY AXIS experience will stand out in the market.

If you are looking for an actuarial role where you can deepen your modeling expertise, expand your business impact, and grow within a collaborative Nationwide Financial team, this is a strong opportunity to do all three. This role can be staffed fully remote.

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Job Description Summary

Our Nationwide Financial (NF) Actuarial team members have opportunities to use state-of-the-art tools and are encouraged to innovate and learn to master actuarial methodologies. If this sounds like a place you could thrive, then we want to know more about you!
As an Actuarial Consultant, you'll need to be adept at actuarial functions and know NF products to perform sophisticated, quantitative actuarial analyses. In addition, we'll count on you to provide expertise, including consultation and recommendations, on actuarial models and issues.
This position may have the opportunity to be a part of the NF Actuarial Rotation Program, which will give you the potential opportunity to work on various actuarial, analytics, and risk management teams to learn and develop across different actuarial functions. Should you choose to participate in the program, you will participate in two to three rotations of one year each. Full program details will be provided to you upon your start date.

Job Description

Key Responsibilities:

• Compiles, categorizes, and analyzes data.

• Performs construction of testing tools and analysis of product calculations.

• Constructs, maintains, and conducts Actuarial, Projection & Valuation Models.

• Performs financial reporting and analysis.

• Leads pricing and implementation of products.

• Analyzes risks for lines of business.

• Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.

• Performs reinsurance analysis and pricing.

• Supports and may develop effective communication strategies and recommendations to leadership.

• Leads peer reviews to increase collaboration, ensure quality work, and drive innovation.

• Maintains relationship with business customers as well as builds new relationships.

• Leads onboarding and training for new associates on standard work processes.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to an Actuarial, Analytics, or Risk Management leader.

Typical Skills and Experiences:

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

License/Certification/Designation: Generally, has attained ASA and is actively enrolled in the Actuarial Development Program; working towards FSA. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.

Experience: Typically, three to five years of actuarial experience.

Knowledge, Abilities and Skills: Proven knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Proficient in Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages. Should have basic competencies including: command skills, strategic agility, delegation, motivating others, business perspective, and accounting. Should have highly-developed competencies in: business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability.

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 Nationwide Values.

Job Conditions:

Overtime Eligibility: Not Eligible (Exempt)

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.

We currently anticipate accepting applications until 08/14/2026. 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.#actuarialSmoke-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 Consultant, Actuarial - NF : $108,000.00-$200,000.00The expected starting salary range for Consultant, Actuarial - NF : $108,000.00 - $162,000.00