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Nationwide · 1 week ago

Actuary, Asset Modeling

Ohio - Columbus Metro

Full-time

Hybrid

Mid, Senior Level

5+ years exp

Nationwide is a leading insurance and financial services company, seeking an Actuary for their Asset Modeling team. This critical senior-level role involves driving asset modeling development and execution, supporting valuation, forecasting, pricing, and risk management, while providing technical expertise to modeling methodologies.

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 and responsible for developing the appropriate quantitative modeling solutions to these needs

Collaborates with departments across the organization or business functions to accomplish strategic goals, objectives, and initiatives

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

Collaborates with teams across the enterprise to ensure that consistent model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld throughout the organization

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

Develops, tests, implements and administers complex quantitative modeling processes and tools

Evaluates and ranks quantitative solutions to business problems

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

Works across teams to ensure governance of modeling tools are applied consistently

Qualification

Moody’s AXISMG-ALFAQuantitative analysisProgramming PythonProgramming RProgramming MATLABProgramming SQLInvestment asset typesMicrosoft ExcelCommunication skillsMentoringTeam collaboration

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

Preferred

5+ years of relevant asset modeling experience

ASA Designation

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