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Nationwide · 3 days ago

Actuarial Consultant - E&S Contract Pricing - REMOTE

United States

Full-time, Contract

Remote

Mid, Senior Level

$108K/yr - $200K/yr

5+ years exp

Nationwide is a company that provides various financial services and is looking for an Actuarial Consultant specializing in E&S Pricing. The role involves leveraging actuarial methodologies to drive strategic decisions and profitability in the company's Contract Property & Casualty and Contract Excess products.

BankingFinancial ServicesInsuranceLife Insurance

H1B Sponsor Likely

Responsibilities

Play a key role in driving pricing strategy and profitability for our Contract Property & Casualty and Contract Excess products

Monitor the book of business, lead rate reviews, and manage business partner requests

Engage in planning and forecasting while collaborating with key property and casualty business partners

Serve as a technical expert in actuarial methodologies, conducting complex analyses and presenting findings to drive business strategy

Work on larger projects with cross-functional teams to help meet our goals

Has in depth knowledge of actuarial methodologies with the ability to source and manipulate complex data within standard requirements

Conducts complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing considerations, and developing recommendations. Resolves unreasonable results/non-optimal solutions using experience and professional judgment

Accurately documents assumptions, methods, sources, and considerations in an organized fashion

Prepares and presents actuarial findings and documents that are suitable for technical and non-technical audiences at the senior Actuarial leadership level. May professionally represent company position with regulators, auditors, and external vendors

Develops work plans and ensures accurate work product is delivered

Leads peer reviews to increase collaboration, ensure quality work, and drive innovation

Maintains relationship with business customers as well as builds new relationships

Leads onboarding and training for new associates on standard work processes

Applies data mining techniques used to identify new relationships in data and make recommendations based on findings. Builds and validates models in different software packages. Explores the use of new software packages. Has practical use of predictive modeling

Qualification

Actuarial methodologiesPricing strategyActuarial softwarePythonSQLRData analysisCommunicationTeam collaborationProblem solving

Required

At least 2 years of previous actuarial experience with a focus on pricing

Strong communication skills and the ability to work collaboratively in a team-oriented environment

Prior experience working with underwriters and a proven track record of driving strategic decisions

Strong proficiency in actuarial software and programming tools (e.g., Python, SQL, Databricks, R, Excel)

Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming or quantitative analysis

Generally, has attained ACAS and is working towards FCAS

Generally, five or more years of actuarial experience

Detailed knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases

Proficient in Microsoft Office products, analytical software and programming languages

Should have basic competencies including command skills, strategic agility, delegation, motivating others, business perspective and accounting

Should have highly-developed competencies in business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability

Preferred

Near Associate with pursuit of Fellow of the Casualty Actuarial Society (ACAS/FCAS) preferred

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

And more.

Company

Nationwide

Glassdoor3.9

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States.

Founded in 1925

Columbus, Ohio, USA

10001+ employees

http://nationwide.com

H1B Sponsorship

Nationwide has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2023 (8)

2022 (2)