AVP, Actuary - Group Benefits and Pet

About the role

Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Responsibilities

• Validate calculation of actuarial values and their underlying modeling systems and processes for fixed, indexed, variable, registered-indexed, in-plan, and immediate annuities as well as pension risk transfer business.
• Work with vendors and consultants as required to ensure systems and accounting methods are properly calculating actuarial values.
• Afford assistance in the forecasting of future financial impacts and/or the impact of changes in assumptions and communicate with Finance stakeholders.
• Maintain monitoring of regulatory activities pertaining to valuation through participation in industry work groups, conferences, business contacts and other means.
• Influence the direction of future accounting rules where possible. Measure the financial impact of proposed changes and communicate to management.
• Communicate directly with regulators as needed through written communications and face-to-face meetings where necessary.
• Provide thought leadership on implementation of regulation internally.
• Perform financial reporting controls and oversee the control performance of the team. Work closely with internal and external auditors, Nationwide Financial (NF) controllership, and others in the performance of accounting and model governance.
• Support the measurement of financial risks and risk management strategy arising from actuarial assumptions, models, and the underlying risks of Group Benefits products.
• Assists in the assessment and implementation of reinsurance solutions.
• Advise and support capital management as necessary.
• Recruit and develop talent for the Actuarial job family.
• Oversee associate management including performance management, salary planning and administration, training and development, workflow and organization planning, day-to-day management, hiring and placement, and disciplinary actions for direct and possibly indirect reports.

Requirements

Education: BS or higher degree in Mathematics, Actuarial Science, or related technical fields.

Licenses/Certifications/Designations: FSA and MAAA designations preferred.

Experience: 10 or more years of actuarial related experience is preferred.

Qualifications

Extensive experience with actuarial modeling and accounting software such as Polysystems, ALFA, GGY AXIS, or similar is required.

Skills

Extensive experience with actuarial modeling and accounting software such as Polysystems, ALFA, GGY AXIS, or similar is required.

Benefits

We have an array of benefits to fit your needs, including: 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.

Pay

The national salary range for AVP, Actuary - Group Benefits Valuation : $154,000.00-$290,000.00

Schedule

Normal office environment. Some travel may be required.