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.
Join a high-impact quantitative modeling team driving multiple modeling and risk management functions. In this role, you’ll work across a broad spectrum of quantitative modeling that spans across capital risk, investment risk, P&C product risk, and cashflow projection. You’ll have the freedom to pursue projects that excite you most, collaborate with diverse teams, and develop analytical solutions that help support Nationwide’s growth and safeguard Nationwide’s capital strength. Most importantly, you’ll thrive in a supportive environment where trust and respect are foundations, and where your career aspiration is championed.
We’re looking for someone who is intellectually curious, eager to learn, and excited to work on meaningful challenges. Whether you're early in your career or bring specialized experience, we welcome diverse backgrounds and perspectives.
Responsibilities
What You’ll Do You’ll have the opportunity to explore your passion within a broad scope of quantitative modeling and contribute to critical functions that align with your interests. You’ll gain deep expertise in risk modeling and manage Tier 1 quantitative models that support investment risk, capital management, and product pricing.
Areas of opportunity include:
- Fixed Income Credit Risk Modeling
- Equity/Alternative Risk Modeling
- Enterprise Capital Adequacy Modeling
- Proprietary Capital Modeling
- P&C Product Risk Modeling
- Interest Rate Risk Modeling
Why Join Us?
- Broad Exposure: Collaborate with teams across P&C actuarial, NF actuarial, investments, treasury, and strategy—gaining a holistic view of the business.
- Career Growth: Work on initiatives aligned with your strengths and long-term goals.
- Learning Culture: We invest heavily in training and development. Your curiosity and drive to learn are just as important as your current skillset.
Who You Are
- You’re analytical, adaptable, and thrive in a collaborative environment.
- You may have experience in actuarial roles, quantitative investment roles, research and statistics roles — but if you don’t, that’s okay too.
- You’re passionate about solving complex problems and eager to grow in a dynamic, enterprise-level role.
Experience & Qualifications
- Education: Bachelor’s degree in actuarial science, finance, economics, mathematics, statistics, or related field required; advanced degree preferred.
- Certifications: Progress toward FCAS, FSA, CQF, CFA or similar designations is a plus.
- Experience: Have work experiences in actuarial functions or quantitative modeling is a plus.
- Technical Skills: Be able to use at least one programming language in Python, R, and/or Matlab; Have strong Excel skills.
- Knowledge: Great fundamental knowledge in mathematics and statistics.
- Soft Skills: Ability to communicate technical concepts effectively; strong written and verbal communication skills.
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, Ohio. The hired associate must currently reside within 35 miles of One Nationwide Plaza, Columbus OH, 43215.
This position will be hired on a SuccessFlex basis. You will be required to come into the office two days per week, according to the department's current schedule.
#LI-KD1
Job Description Summary
Do you have the desire to play a critical role in driving data-based business outcomes? Nationwide has been using data to serve our members and drive business outcomes for almost 100 years. Our industry-leading workforce accepts an agile work environment and a collaborative culture to deliver outstanding solutions and results. Our Risk Analytics professionals play a key role in redefining quantitative data analysis into meaningful insights that drive business results. Specifically, they serve as the conduit joining quantitative risk analysts to business partners.
As a Specialist, you’ll work on various risk analytics projects to help solve diverse business problems. You’ll continue building a foundation of business understanding and relationships. It’s imperative that you have experience with quantitative analytics and that you are able to clearly articulate solutions.
Job Description
Key Responsibilities:
Understands and assesses key needs and is responsible for developing the appropriate quantitative modeling solutions.
Collaborates with departments across the organization or business functions to support strategic goals, objectives, and initiatives.
Builds risk analytic solutions for business problems through collaborating, consulting and driving expectations.
Collaborates with partners and teammates to ensure that consistent model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld.
Crafts clear and concise summaries of findings and recommendations with support. Uses impactful storylines and data visualization geared to both technical and non-technical audiences.
Develops, tests, implements and administers sophisticated quantitative modeling processes and tools.
Evaluates and ranks quantitative solutions to business problems.
Communicates the key benefits and limitations of sophisticated modeling tools for business applications.
Works across teams to ensure governance of modeling tools are applied consistently.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Risk/Actuarial leader.
Typical Skills and Experiences:
Education: Undergraduate studies in finance, accounting, economics, statistics, mathematics or related subject area required. Graduate-level studies in a related field with advanced degree highly desirable.
License/Certification/Designation: Progress toward FCAS, FSA, CQF, CFA or similar preferred.
Experience: Typically, three or more years of related work experience in financial risk modeling or actuarial functions.
Knowledge, Abilities and Skills: Basic knowledge of machine learning, stochastic processes, Monte Carlo simulations, sampling methods and other statistical techniques applicable to specialized risk modeling. Basic mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc. Basic knowledge of risk management operations such as asset-liability management, portfolio risk assessment, hedging, etc. Ability to communicate technical concepts to peers and direct supervisor. Proficient written and verbal communications skills. Proficiency with Excel and Powerpoint.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the CFO, or the HR leader.
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.
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.