Sr. Actuarial Consultant – Life Insurance Valuation REMOTE
About the role
As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! 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.
Build your expertise in life insurance valuation. Join our Life Insurance Valuation team as a Sr. Actuarial Consultant and apply your actuarial knowledge to our life insurance products. This role offers the opportunity to contribute to accurate, efficient, and compliant valuation processes while developing expertise in evolving regulatory standards, actuarial modeling, data analysis, and reporting. You'll work with experienced actuaries and cross-functional partners in Tax, Controllership, Pricing, and other business areas. Your contributions will help support monthly and quarterly valuation activities, strengthen processes, and advance the team's modernized analytical environment. This role can be staffed fully remote.
Responsibilities
- Apply actuarial knowledge to life insurance valuation activities for life products.
- Support the implementation and analysis of evolving standards, including Long-Duration Targeted Improvements (LDTI) and Principle-Based Reserving (PBR).
- Prepare, analyze, and explain results for assigned monthly and quarterly valuation deliverables.
- Develop and enhance tools used to validate and analyze valuation results.
- Collaborate with Tax, Controllership, Pricing, and other stakeholders to support business objectives.
- Follow established process controls, documentation, and governance requirements.
- Assist with responses to auditor and regulator inquiries by providing accurate, well-supported analysis.
- Participate in cross-functional initiatives involving actuarial data, modeling, assumptions, product development, analytics, and reporting.
- Identify opportunities to improve valuation processes, tools, and reporting.
- Compile, categorize, and analyze sophisticated data sets.
- Build complicated testing tools and conduct detailed analysis of product calculations.
- Construct, maintain, and perform Actuarial, Projection, and Valuation Models.
- Build financial reporting tools and complete analysis.
- Price and implement products.
- Conduct complicated risk analysis.
- Establish reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.
- Perform reinsurance analysis and pricing.
- Craft effective communication strategies and recommendations to leadership. Develop supporting documentation.
- Lead cross functional peer reviews to increase collaboration, ensure quality work, and drive innovation.
- Build business relationships and lead cross functional communication with team members, customers, and business partners.
- Lead onboarding and training for new associates on standard work processes. Assist in creating new training materials.
- May perform other responsibilities as assigned.
Qualifications
- ASA is required and work towards or achievement of the Fellow of the Society of Actuaries (FSA) preferred.
- Knowledge of actuarial business functions and life insurance valuation principles.
- Experience with life insurance products and Statutory or GAAP valuation preferred.
- Strong analytical, problem-solving, communication, and collaboration skills.
- Proficiency with Microsoft Office and analytical tools such as SQL, Tableau, or Power BI.
- Exposure to actuarial modeling software such as AXIS, ALFA, or PolySystems preferred.
- Programming experience in Python or VB.NET is a plus.
- Ability to learn quickly, manage assigned priorities, and communicate technical information clearly to business partners.
- Detailed familiarity with business operations, systems, and actuarial methodologies.
- Adept at sophisticated actuarial techniques and able to work independently to combine advanced actuarial and business knowledge to provide high-level analysis.
- Undergraduate degree in actuarial science, mathematics, statistics, or similar background requiring modeling, programming, or quantitative analysis.
- Generally attained ASA and actively enrolled in the Actuarial Development Program; working towards FSA or recently attained FSA.
- Typically, four to seven years of actuarial experience.
- 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.
- Basic competencies including: command skills, strategic agility, delegation, motivating others, business perspective, and accounting.
- Highly-developed competencies for: business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability.
- Other criteria, including leadership skills, competencies and experiences may take precedence.
- Staffing exceptions to the above must be approved by the hiring manager's leader and HR Business Partner.
- Regularly and consistently demonstrates Nationwide Values.
Pay
The national salary range for Sr Consultant, Actuarial - NF: $118,000.00–$222,000.00. The expected starting salary range for Sr Consultant, Actuarial - NF: $118,000.00–$178,000.00.
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment.
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
Schedule
Overtime Eligibility: Not Eligible (Exempt). Working Conditions: Normal office environment.
Additional information
This role can be staffed fully remote. This position could be filled within any of the lower 48 U.S. states. We currently anticipate accepting applications until 10/10/2026. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.
Reports to an Actuarial, Analytics, or Risk Management leader.