Apply on Employer Site

Nationwide · 18 hours ago

Predictive Modeler – P&C Commercial Actuarial Consultant - REMOTE

United States

Full-time

Remote

Mid, Senior Level

$118K/yr - $222K/yr

5+ years exp

Nationwide is a company dedicated to serving its customers and creating career journeys for its associates. As a Predictive Modeler on the Commercial Modeling team, you will develop and maintain predictive models that inform commercial pricing strategies, while collaborating with a diverse team to implement innovative solutions.

BankingFinancial ServicesInsuranceLife Insurance

H1B Sponsor Likely

Responsibilities

Model Development: Engage in both new model builds and enhancements of existing models, ensuring they meet business needs and industry standards

Technical Expertise: Utilize your coding skills in R, Python, or SQL to develop and maintain complex quantitative models

Collaboration: Work closely with team members and business partners across the finance organization to develop creative solutions to business problems

Risk Management: Implement financial engineering, data science, and statistical techniques for risk management and business applications

Researches and implements financial engineering, data science and statistical techniques for risk management and business applications

Completes regular testing of risk limits to provide distinct management guidance on asset allocation, risk transfer and product growth decisions

Owns complex quantitative modeling processes and philosophies. Identifies industry standards to understand if models are working as intended

Collaborates to ensure that consistent model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld

Reviews and analyzes model output to identify model limitations and their impact. Provides corrective quantitative methods

Crafts and updates model documentation for business continuity purposes

Collaborates to develop creative solutions to business problems

Acts as the technology owner for Risk Analytics

Qualification

Predictive ModelingRPythonSQLFinancial Risk ModelingActuarial ConceptsStatistical TechniquesMachine LearningAnalytical SkillsCollaborationCommunication SkillsAdaptability

Required

Strong coding skills in R, Python, or SQL

Solid understanding of data science techniques and actuarial concepts

Excellent analytical and problem-solving abilities

Experience in financial risk modeling or actuarial functions

Undergraduate studies in finance, accounting, economics, statistics, mathematics, or related fields

Ability to work effectively in a team setting

Strong written and verbal communication skills

Willingness to learn and adapt quickly

Proactive approach to continuous improvement

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

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

Proficient written and verbal communication skills

Intermediate proficiency with Excel and common statistical software such as R, SAS, Python, or MATLAB

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

Preferred

Graduate-level studies and progress toward actuarial certifications (e.g., ACAS, FCAS)

Graduate-level studies in a related field with advanced degree highly desirable

Progress toward FCAS, FSA, CQF, CFA or similar

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

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)