Specialist - PL Actuarial State Pricing
About the role
Perform complex mathematical and quantitative analyses for P&C products, participate in rotation program, and develop actuarial methodologies.
General Actuarial Support
- Develop business relationships across multi-channel finance.
- Assist with transactional pricing and loss rating.
- Engage in data analysis.
Must-Have Skills
- Proficiency in actuarial methodologies and data analysis.
- Strong communication skills for presenting findings to technical and non-technical audiences.
- Experience with Microsoft Excel and PowerPoint.
- Generate actuarial pricing analysis alongside Pricing leadership in support of state and line level business decisions.
- Conduct analyses that adhere to actuarial standards by selecting appropriate data sources and making assumptions to develop recommendations.
- Accurately document assumptions, methods, sources, and considerations in an organized fashion.
- Prepare and present actuarial findings and documents that are suitable for technical and non-technical audiences.
- Adhere to assigned work schedule to ensure timely completion of individual tasks and group projects.
- Perform peer reviews to increase collaboration, ensure quality work, and drive innovation.
- Continue to develop business relationships across PC multi-channel finance.
- Assists with onboarding and training new associates on standard work processes.
- Uses data mining techniques to identify new relationships in data. Gains understanding and the ability to build models in different software packages. Explores the use of new software packages. Has basic knowledge of predictive modeling.
- Experience with Python or R
- Typically, 1-3 years of proven experience in P&C insurance with a focus on pricing.
- Medical/dental/vision
- Life insurance
- Short and long term disability coverage
- Paid time off
- Eighteen days paid time off each full calendar year pro-rated quarterly based on hire date
- Nine paid holidays
- Lifetime paid time off
- Unity Day paid time off
- 401(k) with company match
- Company-paid pension plan
- Business casual attire
Key responsibilities of the role
Preferred Skills and Experience
Work Arrangements
This role will be staffed at the F pay band and will sit in Columbus (OH) or Des Moines (IA). This role will have a hybrid work arrangement of at least two days per week in-office and up to three remotely. This role can be staffed in other locations for existing Nationwide associates that are already working in other locations.
Job Description Summary
Our Property and Casualty (P&C) Actuarial team members have opportunities to use state-of-the-art tools, are encouraged to innovate and learn to master actuarial methodologies. If this sounds like a place you could thrive, then we want to know more about you! As an Actuarial Specialist, you’ll gain a more thorough knowledge of our actuarial functions for our P&C products. You’ll also perform increasingly complex mathematical and quantitative actuarial analyses that are crucial to the success of Nationwide and the protection we provide to our customers.
Benefits
Job Conditions
Overtime Eligibility: Not Eligible (Exempt)
Working Conditions: Normal office environment.
ADA
The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Smoke-Free Iowa Statement
Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.
Note to Employment Agencies
We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
Compensation
The national salary range for Specialist, Actuarial - P&C : $88,000.00-$164,000.00
The expected starting salary range for Specialist, Actuarial - P&C : $88,000.00 - $132,000.00