Remote Credit Risk Modeling Jobs in Westerville, OH

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Actuarial Consultant - Pension Risk Transfer Pricing - REMOTE
If you are a pension actuary or Pension Risk Transfer pricing professional looking for a role where your experience will matter immediately, this is an opportunity to step into specialized, high-impact work on a growing team. This position supports Nationwide's Pension Risk Transfer pricing function, with a strong emphasis on complex bids, including deferred-life cases, and is especially well suited for candidates coming from pension consulting or related PRT environments.
In this role, you will be a core member of the pricing actuarial team, helping evaluate and price Pension Risk Transfer bids while building deeper expertise in a niche and increasingly important area of the market. The team is looking for someone who understands pension plans and can ramp quickly into retiree-only bids, more complex deferred bids, and broader PRT casework over time.
Candidates with prior pension or PRT experience are strongly preferred, and the ideal background includes roughly three to five years of actuarial experience along with progress toward actuarial credentials such as ASA and eventually FSA.
Why this opportunity stands out

• Work on sophisticated Pension Risk Transfer pricing cases, including deferred-life bids and other complex transactions.
• Join a team where this pension and PRT skill set is highly valued and where the person in this role can become a true knowledge owner within the function.
• Expand beyond traditional pension consulting by developing expertise in insurance concepts, investment strategy considerations, reserves, reinsurance, and broader business drivers.
• Use a modern actuarial and pricing toolkit that includes Excel, SQL-related tools, Databricks, AXIS, and modeling environments that support sophisticated actuarial analysis.
• Benefit from a work environment that offers more balance than many settings, while still providing meaningful actuarial growth and challenge.

What you'll be doing

• Price Pension Risk Transfer bids accurately and on deadline, reflecting reserves, capital, expected benefit payments, tax, investment strategy, and earned rate considerations.
• Review pension plan terms, evaluate plan populations, support assumption management, and contribute to model development.
• Collaborate across pricing, investments, ALM, operations, valuation, modeling, and financial reporting to support both pre-sale and post-sale work.

Ideal candidate profile
We are especially interested in candidates with pension consulting or Pension Risk Transfer actuarial experience who want to bring that background into a role with broader insurance exposure and meaningful ownership. Strong Excel skills are important, and familiarity with SQL, Databricks, AXIS, modeling, or other programming-oriented actuarial tools will be attractive. Just as important is the ability to learn quickly, solve problems, manage multiple priorities, and work effectively with business partners and internal stakeholders.
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 08/20/2026. 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.
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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-$200,000.00
The expected starting salary range for Consultant, Actuarial - NF : $108,000.00 - $162,000.00