Shape the Future of Life Insurance Valuation!
Are you a passionate and skilled actuary ready to take on a key role in a dynamic Life Insurance Valuation team? We're seeking an Actuary to provide subject matter expertise in Statutory, GAAP, and Tax valuation standards for life insurance products. You'll play a vital part in supporting evolving regulatory frameworks and collaborating across departments to ensure accurate, efficient, and compliant valuation processes.
What You'll Do:
Serve as a subject matter expert on Statutory, GAAP, and Tax valuation standards.
Lead implementation and analysis of evolving standards such as LDTI and PBR.
Collaborate with Tax, Controllership, and Pricing to support business objectives.
Develop tools for validating and analyzing valuation results in a modernized environment.
Take ownership of monthly and quarterly valuation processes with a focus on continuous improvement.
Maintain process controls, documentation, and governance.
Respond to auditor and regulator inquiries.
Participate in cross-functional initiatives involving data, modeling, assumptions, product development, analytics, and reporting.
What You'll Bring:
FSA designation required.
Strong knowledge of actuarial business functions and valuation principles.
Proficiency in Microsoft Office and analytical tools (e.g., Tableau, Power BI, SQL).
Experience with modeling software (Axis, ALFA, Poly) preferred.
Programming experience in VB.net or Python is a plus.
Experience with life insurance products and Statutory/GAAP valuation is preferred.
Location: Columbus, OH (Headquarters) or Fully Remote
#LI-remote
#LI-SM1
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, youll 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, youll develop a strategic vision for the team to ensure efficient, consistent and integrated data and analysis. Well count on you to provide business recommendations that are crucial to the success of Nationwide and the protection we provide our customers. Youll need to work independently and may directly or indirectly lead others.
Job Description
Key Responsibilities:Acts as a specialist for compilation, categorization and analysis of data.
Constructs sophisticated testing tools and product calculations.
Builds, maintains and computes Actuarial, Projection & Valuation Models.
Conducts financial reporting and analysis.
Prices and supports implementation of products.
Conducts risk analysis for lines of business/products.
Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.
Leads and provides experienced knowledge for the analysis of reinsurance opportunities.
Builds cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Actuarial 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: FSA required. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.
Experience: Typically, five to seven years of actuarial experience.
Knowledge, Abilities and Skills: Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Mastery of Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages. Basic level of organizational agility and conflict management. Proficient level of command skills, strategic agility, delegation, motivating others, business perspective, and accounting. Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring managers leader and Human Resources 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 04/09/2026. 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 ....For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov)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 Actuary, NF : $138,000.00-$243,000.00The expected starting salary range for Actuary, NF : $138,000.00 - $206,000.00Want to find more opportunities?
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