Actuarial Associate - Annuity Inforce Management

About the role

Nationwide Financial is seeking a highly technical Actuarial Consultant to join their Annuity Inforce Management team. This role is ideal for an experienced actuary who brings annuity product experience and enjoys a business-facing role.

Responsibilities

• Execute annuity rate setting for Fixed, Indexed, RILA, SPIA, and VA general account products.
• Collaborate with Business Development partners to effectively balance competitiveness and profitability.
• Execute new business profitability analysis on a quarterly basis.
• Develop visualization of profitability results and communicate to management and CFO.
• Develop visualizations for inforce performance metrics such as policyholder behavior, product feature utilization, and sales demographics.
• Support advancement of inforce profitability measurement.
• Support Modernization of rate setting and profitability processes; automating execution, developing controls, and increasing speed of execution.
• Ensure adherence to regulatory standards for managing non-guaranteed elements.
• Execute special projects as needed.

Requirements

• Associate of the Society of Actuaries (ASA)
• Proficient in Excel
• Proficient in SQL
• AxIS modeling experience a plus
• Programming experience a plus; particularly Python, R, VB.net, and C#
• Tableau and Power BI experience a plus
• Strong analytical skills
• Ability to communicate to non-technical audiences

Qualifications

• Undergraduate degree in actuarial science, mathematics, statistics, or similar background requiring modeling, programming, or quantitative analysis
• Generally, has attained ASA and is actively enrolled in the Actuarial Development Program; working towards FSA

Skills

• Proven knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases
• Proficient in Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages

Benefits

• Medical/dental/vision
• Life insurance
• Short and long term disability coverage
• Paid time off
• Eight paid holidays
• Lifetime paid time off
• Unity Day paid time off
• 401(k) with company match
• Company-paid pension plan
• Business casual attire

Pay

$108,000.00 - $200,000.00

Schedule

Full-time