Internship Actuarial Development Program Jobs in Columbus, OH

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide, "on your side" goes beyond just words. Our customers are at the center of everything we do and we're looking for associates who are passionate about delivering extraordinary care.

Position Description / Key Duties:

Investment strategy development, testing, and analysis for Nationwide's $100B+ general account investment portfolio. Including:

• ALM model and assumption development in AXIS/ALFA
• Developing investment strategies for new products and optimizing existing strategies
• Portfolio risk monitoring and management
• Evaluating pool rebalancing and asset sales
• Present findings to business partners, Investments, and others
• Work closely with stakeholders in NF Actuarial and Investments

Experience/Skills

• Knowledge of actuarial principles, diverse life and annuity products, fixed income investments, stochastic modeling, risk management, and the financial services industry is preferred
• Strong analytical and problem-solving skills
• Able to communicate and collaborate across functions effectively
• Curious and innovative; willing to challenge assumptions and develop creative solutions to actuarial and business problems
• Experience with AXIS and/or ALFA actuarial software
• Aptitude for diverse technologies: SQL, Databricks, Power BI, Tableau, Python, etc.
• Proficiency in Microsoft Teams & Office suite

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.

#LI-KD1

Job Description Summary

Our Nationwide Financial (NF) 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 an Actuarial Senior Consultant, you'll need to have detailed familiarity with business operations, systems, and actuarial methodologies. We'll count on you to be adept at sophisticated actuarial techniques and work independently to combine advanced actuarial and business knowledge to provide high-level analysis. Additionally, you'll provide consultation and recommendations on deliverables and maintain detailed documentation of actuarial models and analyses. You'll work independently and may lead others.

Job Description

Key Responsibilities:

• Compiles, categorizes, and analyzes sophisticated data sets.

• Builds complicated testing tools and conducts detailed analysis of product calculations.

• Constructs, maintains, and performs Actuarial, Projection, and Valuation Models.

• Builds financial reporting tools and completes analysis.

• Prices and implements products.

• Conducts complicated risk analysis.

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

• Performs reinsurance analysis and pricing.

• Crafts effective communication strategies and recommendations to leadership. Develops supporting documentation.

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

• Builds business relationships and leads cross functional communication with team members, customers, and business partners.

• Leads onboarding and training for new associates on standard work processes. Assists in creating new training materials.

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 attained ASA and is actively enrolled in the Actuarial Development Program; working towards FSA or recently attained FSA. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.

Experience: Typically, four to seven 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 for: 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 06/29/2026. 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 Sr Consultant, Actuarial - NF : $118,000.00-$222,000.00The expected starting salary range for Sr Consultant, Actuarial - NF : $118,000.00 - $178,000.00