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Role Description

This role requires strong technical skills; implementation of new products, maintenance of the in-force block of business, collaboration with partners with IT, other actuarial teams, and key business stakeholders.

This role will be part of the Life In-force Management team working on reinsurance, key value auditing and policy review.

• Compiles, categorizes and analyzes data, with direction and oversight.
• Assists in building testing tools, analyzing product calculations and product illustrations.
• Aids in building, maintaining and running actuarial, projection and valuation models.
• Completes financial reporting and analysis with direct oversight.
• Responsible for pricing and implementation of products with input and oversight.
• Assists in valuation/reserving under multiple accounting regimes (statutory, GAAP and tax) for products.
• Assists with analysis of reinsurance opportunities and risks for Nationwide Financial business products.
• Assists in activities related to a specialized phase of data and analytics which may include data governance, data strategy development, data modeling, data requirements, data manipulation, and/or requirements elicitation when needed.
• Assists in the analysis and validation of moderately sophisticated business processes and in the development and implementation of new programs and/or modifications of existing applications when required.
• May assist in the design, prototyping, coding and other methodologies for new and/or existing applications including development of test plans.
• May perform other responsibilities as assigned.

Qualifications

• Undergraduate degree in actuarial science, mathematics, statistics, CIS or similar background requiring modeling, programming or quantitative analysis.
• May have passed an actuarial exam, LOMA or other industry exams.
• No finance or actuarial experience needed. Typical candidate may have internship, associate teaching or tutoring experience.

Requirements

• Basic understanding of Microsoft Office products (including VBA within Access and Excel) programming languages, and likely actuarial models.
• Basic level of perspective, customer focus, dealing with ambiguity, drive for results, business perspective and analysis.
• Proficient level of problem solving, learning on the fly, and making the best use of system capabilities.

Benefits

• 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