Actuary - Life Valuation - REMOTE

As a team member in the Finance and Internal Audit department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor and so much more. 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.

Are you passionate about data analysis, financial modeling, and risk management? Nationwide Insurance is seeking an experienced actuary to join our team.  Actuary (Life), you’ll play a crucial role and here’s what you’ll be responsible for:

• Calculation of Actuarial Values: You’ll oversee the calculation of reserves, valuation models, and other critical metrics for life insurance products, ensuring accuracy and compliance with accounting standards (statutory, GAAP, and tax).
• Model Risk Management: As the model executive, you’ll manage actuarial systems and processes, minimizing model risk related to life valuation models.
• Regulatory Monitoring: Stay informed about emerging regulations and accounting rules from bodies like the NAIC and FASB. Influence future accounting rules where possible.
• Collaboration: Work closely with cross-functional teams, including the other actuarial teams, senior leaders, and model risk management groups.

Preferred Skills:

• Valuation experience with Statutory/GAAP (Life insurance background preferred)

• Proficiency in Microsoft Office (including VBA within Access and Excel), analytical software (such as Tableau), and SQL

• Familiarity with modeling software (ALFA, or Axis)

• FAS designation is a plus

• Strong command skills, strategic agility, and business perspective

If you’re ready to make an impact and contribute to our dynamic team, apply today!  This role will be staffed at the H4 internal pay band.  This position can be staffed fully remote.

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Job Description Summary

Our Nationwide Financial 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 Actuary, you’ll show a mastery of business operations, systems and actuarial methodologies. You will provide leadership, direction and oversight for the performance of sophisticated actuarial techniques and procedures and risk analysis. In addition, you’ll develop a strategic vision for the team to ensure efficient, consistent and integrated data and analysis. We’ll count on you to provide business recommendations that are crucial to the …