Nationwide Insurance
Actuary - Middle Market Pricing (Remote)
Nationwide Insurance, Frankfort, Kentucky, United States
Middle Market Actuary
As a Middle Market Actuary at Nationwide, you will play a key role in driving pricing strategy and profitability for our commercial lines products. This position supports actuarial initiatives across middle market segments, a critical area within our P&C business. You will collaborate closely with underwriting, product, and finance teams to deliver data-driven insights and innovative solutions.
Key Responsibilities
Collaborate on pricing models for middle market commercial lines.
Perform rate reviews and recommend pricing actions based on actuarial analysis.
Partner with business stakeholders to support product development and portfolio management.
Analyze loss trends, profitability metrics, and market dynamics.
Present findings and recommendations to senior leadership and cross-functional teams.
Qualifications
Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field.
Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS) preferred.
3+ years of actuarial experience, ideally in commercial lines or middle market.
Strong proficiency in actuarial software and programming tools (e.g., R, Python, SQL, Excel).
Excellent communication and collaboration skills.
Applications from internal candidates working remotely, as well as remote external candidates who bring critical industry skills and relevant experience may be considered.
This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
Actuarial Consultant As an Actuarial Consultant, you’ll need to be adept at actuarial functions and know P&C products to perform complex, quantitative actuarial analyses. In addition, we’ll count on you to provide expertise, including consultation and recommendations, on actuarial models and issues.
This position may offer opportunity to participate in the P&C Actuarial Rotation Program, giving you the potential to work on various actuarial, analytics, and risk management teams across multiple rotations.
Key Responsibilities
Has in depth knowledge of actuarial methodologies with the ability to source and manipulate complex data within standard requirements.
Conduct complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing considerations, and developing recommendations.
Accurately document assumptions, methods, sources, and considerations in an organized fashion.
Prepare and present actuarial findings and documents suitable for both technical and non‑technical audiences at senior leadership level, and may represent company position with regulators, auditors, and vendors.
Develop work plans and ensure accurate work product delivery.
Lead peer reviews to increase collaboration, ensure quality work, and drive innovation.
Maintain relationships with business customers and build new relationships.
Lead onboarding and training for new associates on standard work processes.
Apply data mining techniques to identify new relationships and make recommendations; build and validate models in various software packages.
Explore use of new software packages and apply predictive modeling.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to an actuarial, analytics, or risk management leader.
Typical Skills and Experiences
Undergraduate degree in actuarial science, mathematics, statistics, data science, or similar background requiring modeling, programming or quantitative analysis.
License/Certification: Generally, has attained ACAS and is working towards FCAS.
Experience: Generally, five or more years of actuarial experience.
Knowledge: Detailed knowledge of actuarial business functions, statistical methods, actuarial models, software, and databases; proficient in Microsoft Office, analytical software, and programming languages.
Competencies: Business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability.
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, nine paid holidays, 401(k) with company match, company‑paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected, and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
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Key Responsibilities
Collaborate on pricing models for middle market commercial lines.
Perform rate reviews and recommend pricing actions based on actuarial analysis.
Partner with business stakeholders to support product development and portfolio management.
Analyze loss trends, profitability metrics, and market dynamics.
Present findings and recommendations to senior leadership and cross-functional teams.
Qualifications
Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field.
Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS) preferred.
3+ years of actuarial experience, ideally in commercial lines or middle market.
Strong proficiency in actuarial software and programming tools (e.g., R, Python, SQL, Excel).
Excellent communication and collaboration skills.
Applications from internal candidates working remotely, as well as remote external candidates who bring critical industry skills and relevant experience may be considered.
This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
Actuarial Consultant As an Actuarial Consultant, you’ll need to be adept at actuarial functions and know P&C products to perform complex, quantitative actuarial analyses. In addition, we’ll count on you to provide expertise, including consultation and recommendations, on actuarial models and issues.
This position may offer opportunity to participate in the P&C Actuarial Rotation Program, giving you the potential to work on various actuarial, analytics, and risk management teams across multiple rotations.
Key Responsibilities
Has in depth knowledge of actuarial methodologies with the ability to source and manipulate complex data within standard requirements.
Conduct complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing considerations, and developing recommendations.
Accurately document assumptions, methods, sources, and considerations in an organized fashion.
Prepare and present actuarial findings and documents suitable for both technical and non‑technical audiences at senior leadership level, and may represent company position with regulators, auditors, and vendors.
Develop work plans and ensure accurate work product delivery.
Lead peer reviews to increase collaboration, ensure quality work, and drive innovation.
Maintain relationships with business customers and build new relationships.
Lead onboarding and training for new associates on standard work processes.
Apply data mining techniques to identify new relationships and make recommendations; build and validate models in various software packages.
Explore use of new software packages and apply predictive modeling.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to an actuarial, analytics, or risk management leader.
Typical Skills and Experiences
Undergraduate degree in actuarial science, mathematics, statistics, data science, or similar background requiring modeling, programming or quantitative analysis.
License/Certification: Generally, has attained ACAS and is working towards FCAS.
Experience: Generally, five or more years of actuarial experience.
Knowledge: Detailed knowledge of actuarial business functions, statistical methods, actuarial models, software, and databases; proficient in Microsoft Office, analytical software, and programming languages.
Competencies: Business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability.
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, nine paid holidays, 401(k) with company match, company‑paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected, and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
#J-18808-Ljbffr