As a team member in the Finance 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, Internal Audit, 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.
Addendum:
Job Title: Financial Specialist - Actuarial
Team: Actuarial Technology Operating Model (ATOM) team within Corporate Actuarial
Role Overview: The ATOM team is seeking an Actuarial Financial Specialist to create custom business-conforming technical solutions that enhance actuarial processes. This role supports data processes surrounding annuity modeling, focusing on producing accurate and reliable liability inputs. It is primarily a developer role with occasional run responsibilities.
Core Responsibilities:
Develop and Maintain SQL Solutions: Streamline data processes and generate liability inputs that feed valuation models.
Monthly Run Activities: Participate in month-end reporting, which may require work outside of normal business hours.
Initiatives Support: Contribute to various initiatives supporting the global mission of the ATOM team.
Technical User Support: Provide support to actuarial users and collaborate effectively.
Subject Matter Expert: Promoting technological best practices among the community.
Technical Requirements:
SQL Server Proficiency: Strong experience with MS SQL
Programming Languages: Knowledge of C#, Databricks, VB, and Power BI.
Job Scheduling Applications: Experience with job scheduling applications.
Troubleshooting: Ability to troubleshoot technical issues.
Stakeholder Interaction: Experience interacting with both business stakeholders and technical teammates.
Best Practices: Implement standard technical practices and promote best practices.
Source Control: Familiarity with source control repositories (Git preferred).
Desired Experience:
Financial Products: Familiarity with life or annuity products.
Data Visualization: Experience with Power BI or Tableau.
Actuarial Knowledge: Helpful but not essential.
Additional Insights:
Team & Company Culture: Nationwide is a Fortune 100 company with a collaborative and innovative work environment. The actuarial department values teamwork and the use of newer technologies like Databricks.
Unique Aspects: The role involves a mix of build, test, and run responsibilities, requiring a hands-on approach without dedicated testers. The position offers opportunities to work with newer technologies and expand knowledge in financial products.
This role will be staffed at the F3 internal pay band. This position can be staffed fully remote.
#LI-SM1
#LI-remote
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 a Technical Specialist, you’ll gain thorough knowledge of actuarial functions for our NF Products. You will continue to perform increasingly sophisticated actuarial methodologies to estimate future loss and premium results for ratemaking or valuation purposes. We’ll count on you to complete a wide variety of actuarial assignments with minimal direction.
Job Description
Key Responsibilities:
Compiles, categorizes and analyzes data with limited supervision.
Assists and supports in building sophisticated testing tools, analysis of product calculations and product illustrations.
Assists with construction, maintenance and execution of financial, actuarial, projection and valuation models.
Assists with financial reporting and analysis.
Supports pricing and implementation of products.
Conducts analysis of risks for NF lines of business.
Assists and supports in valuation/reserving under multiple accounting regimes (statutory, GAAP, and tax) for products.
Conducts some analysis of reinsurance opportunities.
May assist within their specialty areas on one or more highly specialized phases of data and analytics which may include data governance, data strategy development, data modeling, data requirements, data manipulation and/or requirements elicitation.
Help, when requested, in the design, development, and implementation of new programs and/or modifications of existing applications. May assist in the more sophisticated designs, prototypes, coding and other methodologies for new and/or existing applications including development of test plans.
Supports the development of effective communication and recommendations to leadership. May build supporting documentation.
May perform other responsibilities as assigned.
Reporting Relationships: Financial Director - Actuarial or other financial/actuarial management.
Typical Skills and Experiences:
Education/Knowledge: Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming or quantitative analysis.
License/Certification/Designation: May have passed several actuarial, LOMA or other industry exams. May hold information technology certifications.
Experience: Generally, two to four years of financial, actuarial or relevant experience.
Knowledge, Abilities and Skills: General knowledge of finance or actuarial business functions, statistical methods of analysis, financial or actuarial models, financial/actuarial software, programming languages or databases. Proficient in Microsoft Office products (including VBA within Access and Excel), programming languages and likely actuarial models. Basic level of perspective, customer focus, business perspective, and accounting. Proficient level of problem solving, dealing with ambiguity, drive for results, analysis, learning on the fly, and making the best use of system capabilities.
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 the Nationwide Values.
Job Conditions:
Overtime Eligibility: Exempt (Not eligible)
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 04/24/2025. 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.pdfNationwide 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.The national salary range for Specialist, Financial - Actuarial : $70,000.00-$145,500.00The expected starting salary range for Specialist, Financial - Actuarial : $78,000.00 - $117,000.00
