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Nationwide · 8 hours ago

Sr Consultant, Risk Analytics

Columbus, OH

Full-time

Hybrid

Mid, Senior Level

$149K/yr - $262K/yr

7+ years exp

Nationwide is a company dedicated to delivering extraordinary care to customers, and they are seeking a Senior Consultant in Risk Analytics. This role involves driving asset modeling development and execution, providing technical expertise, and mentoring team members while collaborating with various business partners to solve business problems through quantitative analysis.

BankingFinancial ServicesInsuranceLife Insurance

No H1B

Responsibilities

Responsible for developing and enhancing asset data processes, enabling efficient modeling of those assets for production and ad-hoc analysis purposes

Drive the asset modeling function, translating strategic priorities into operational reality; align communication, accountabilities, resource capabilities, and internal processes to ensure measurable and sustainable results

Lead implementation of complex asset types (structured securities, hybrid securities), investment/reinvestment strategies, cash flow behaviors, and regulations in Moody’s AXIS and MG-ALFA

Oversee QE asset model staging for production, for multiple lines of business

Lead asset modeling for annual asset adequacy tests (AAT)

Train and onboard associates on asset modeling in Moody’s AXIS or MG-ALFA

Understands and assesses key business needs. Proactively owns the strategic development of appropriate quantitative modeling solutions

Collaborates with organizational departments or business functions to accomplish strategic goals, objectives, and initiatives

Builds risk analytic strategies for business problems through collaborating, consulting and driving expectations

Leads in the understanding and analysis of models across the enterprise to ensure that model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld

Crafts clear and concise summaries of findings and recommendations. Uses impactful storylines and data visualization geared to both technical and non-technical audiences

Drives business value through crafting and communicating strategic business solutions to leaders

Leads all aspects of development, testing, implementation and administration of quantitative modeling processes and tools

Evaluates and ranks quantitative solutions to business problems

Leads communication of the key benefits and limitations of sophisticated modeling tools for business applications

Leads governance of modeling tools and ensures they are applied consistently

Qualification

Moody’s AXISMG-ALFAQuantitative analysisPythonMicrosoft ExcelCommunication skillsMentoringCollaborationPresentation skills

Required

Strong Moody's AXIS and/or MG-ALFA modeling skills with thorough understanding of asset modules, fund level assumptions, and reinvestment switches/options

Solid understanding of all investment asset types

Proficiency in at least one programming language for quantitative analysis (Python, R, MATLAB, SQL, etc.)

Proficient in Microsoft Excel

Strong communication skills; able to articulate complex modeling concepts to senior leaders

Undergraduate studies in finance, accounting, economics, statistics, mathematics or related subject area required

Typically, seven or more years of related work experience in financial risk modeling or actuarial functions

Proven knowledge of processes and functions spanning the insurance and risk management cycle

Understands machine learning, stochastic processes, Monte Carlo simulations, sampling methods and other statistical techniques applicable to specialized risk modeling

Confirmed mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc

Advanced understanding of risk management operations such as asset-liability management, portfolio risk assessment, hedging, etc

Sophisticated communication and presentation skills

Advanced proficiency with Excel and Powerpoint

Preferred

10 years of relevant asset modeling experience

FSA Designation

Progress toward FCAS, FSA, CQF, CFA or similar 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

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