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Actuarial Sr. Analyst - Personal Lines Pricing

Role Overview: Perform complex mathematical and quantitative analyses for P&C products, participate in rotation program, and develop actuarial methodologies.

Theideal candidate will have:

• Ability to learn new pricing techniques in a fast-paced environment
• Strong organizational skills
• Effective communication skills with a professional presence
• Problem solving, innovation, working in a team environment and speed to action

Key responsibilities of the role will include:

• Generating actuarial pricing analysis alongside Pricing leadership in support of state and line level business decisions. As part of this you will be involved in analysis regarding different rate and non-rate strategies that can be applied for these books of business to appropriately manage financial performance.

Preferred Experience:

• This position is open to students that are taking actuarial exams. The role will provide support for exams including study time, materials, and exam fees.

Work Arrangements:

• This role will be staffed at the E pay band and will sit in Columbus (OH) or Des Moines (IA). This role will have a hybrid work arrangement of at least two days per week in-office and up to three remotely.
• This role can be staffed in other locations for existing Nationwide associates that are already working in other locations.

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Job Description Summary

Our Property and Casualty (P&C) Actuarial team members have opportunities to use state-of-the-art tools, 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 a Senior Analyst, you'll be expected to learn about the insurance and finance industry, products Nationwide provides and a variety of actuarial software. You will be trained in company and business operations while performing mathematical and quantitative actuarial analyses essential to the success of Nationwide and the protection we provide our customers.
This position is expected to be a part of the P&C 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. You will be expected to participate in three rotations of two years each. Full program details will be provided to you upon your start date.

Job Description

Key Responsibilities:

• Begins to develop knowledge of actuarial methodologies, allowing the ability to source and manipulate data within standard requirements.

• Conducts analysis, that adheres to actuarial standards, by selecting appropriate data sources and making assumptions to develop recommendations. Notes any unreasonable results and reports to leader.

• Documents assumptions, methods, sources, and considerations in an organized fashion.

• Prepares actuarial findings and documents that are suitable for technical and non-technical audiences.

• Adheres to assigned work schedule to ensure timely completion of individual tasks and group projects. Notifies leadership anticipating of any possible missed deadlines.

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

• Begins developing business relationships across property and casualty multi-channel finance to provide extraordinary care to all customers.

• Completes all required training in a timely manner.

• Develops understanding of data mining techniques used to identify new relationships in data. Gains understanding of, and the ability to use, modeling software.

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, data science or similar background requiring modeling, programming or quantitative analysis.

License/Certification/Designation: Generally, has passed one or more actuarial exams and is actively enrolled into the Actuarial Student Program. PLEASE REFER TO THE NATIONWIDE PC INSURANCE COMPANY ACTUARIAL STUDENT PROGRAM FOR ADDITIONAL INFORMATION.

Experience: No actuarial experience required. Typical candidate may have internship, associate rotation, associate teaching, or tutoring experience.

Knowledge, Abilities and Skills: Basic understanding or ability to learn Microsoft Office products, analytical software and programming languages. Should have basic competencies including 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.

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.

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.

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 Sr Analyst, Actuarial - P&C : $69,500.00-$129,000.00The expected starting salary range for Sr Analyst, Actuarial - P&C : $69,500.00 - $103,500.00