Actuarial Technical Specialist - Nationwide Financial

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! 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.

Actuarial Technical Specialist

We're seeking a passionate and skilled Actuarial Technical Specialist to join our dynamic team. This role offers the opportunity to make a significant impact by leading product implementations and contributing to the development of innovative solutions.

Core Responsibilities:

• Test and validate key values, ensuring seamless integration with our life insurance support systems.

• Collaborate with cross-functional teams to enhance our admin and illustration systems.

• Manage the flow of life support, including run support rate changes and repricing.

• Implement and maintain high-quality life insurance product calculations and data.

• Code complex life insurance calculations and features within our proprietary Life Support application.

• Support intricate data and analytic dashboards.

Essential Skills:

• Strong foundation in actuarial science and mathematics.

• Proficiency in reading and interpreting policy forms and specifications.

• Hands-on experience with VB.net, SQL, and SSIS packages.

• Ability to write computer language and logic to verify and implement products.

• Skills in velocity, agility, critical thinking, and problem-solving.

Required Qualifications:

• Technical skills: VB.net, SQL, SSIS packages.

• Understanding of actuarial science and/or data science.

Nice-to-Have Qualifications:

• Experience with data visualization tools like Tableau or Power BI.

• Experience with life insurance products.

• Ability to build robust business partnerships within the actuarial department, as well as with IT and Operations.

Additional Insights:

• This role offers a unique opportunity to work at the intersection of actuarial science and IT, contributing to both technical and strategic initiatives.

• We value well-rounded candidates who are eager to learn and grow within our collaborative team environment.

• The ideal candidate will be a self-starter with a "fire in the belly" and a passion for continuous learning.

• This position will be staffed at the internal F3 pay band.

• Preference is for this position to be based out of the Columbus, OH office, but will also consider fully remote for well qualified candidates.

#LI-remote

#LI-SM1

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 03/29/2026. 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.

#actuarial

Smoke-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.pdf

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 Specialist, Financial - Actuarial : $79,500.00-$148,500.00

The expected starting salary range for Specialist, Financial - Actuarial : $79,500.00 - $119,500.00