National Black MBA Association
Sr. Actuary Pension Risk Transfer Pricing
National Black MBA Association, Raleigh, North Carolina, United States
Location:
On-site/Hybrid in Columbus, OH, or Remote
Job Summary As a strategic leader within the Finance team, the Pension Risk Transfer Pricing Senior Actuary will play a pivotal role in shaping objectives, achieving profitability targets, and refining the pricing process. This role involves conducting competitive market analysis, driving efficiencies, and fostering a positive team culture. The ideal candidate will have extensive experience as a PRT, ALM, or Investments Actuary, with a strong ability to influence internal stakeholders and contribute to the overall success of the organization.
Key Responsibilities
Thought leadership on the PRT Pricing team.
Lead pricing initiatives for large and complex deals, partnering with OOI and ALM to develop custom pricing strategies and influence key stakeholders on a case-by-case basis.
Contribute to pricing/product strategy and prioritizing initiatives, including exploration of improved investment strategies, new deal structures and utilizing reinsurance.
Collaborate with the Office of Investments and ALM teams to optimize the investment strategy for new PRT business.
Review Pension Risk Transfer (PRT) bids to ensure premiums accurately reflect reserves, capital, and expected benefit payments using Axis and Excel-based tools.
Propose demographic assumptions related to pension benefits included in each PRT deal, including mortality, mortality improvement, withdrawal rates, retirement rates, and disability incidence.
Partner with business teams to develop responses to RFPs.
Develop junior associates.
Drive results and decision making with business partners and other internal stakeholders.
Qualifications and Skills
Experience as a PRT, ALM, or Investments actuary.
FSA or ASA certification.
Proficiency in Excel.
Ability to establish strategic direction.
Excellent problem‑solving, communication, and presentation skills.
Ability to work collaboratively in a team environment.
Strong organizational and time‑management skills.
Benefits Nationwide offers a comprehensive benefits package including medical/dental/vision, life insurance, disability coverage, paid time off, 9 paid holidays, 401(k) with company match, and a company‑paid pension plan. Additional benefits include business casual attire and more.
EEO Statement 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 all employees and applicants without regard to any characteristic protected by applicable law.
Relevant hiring details: Internal Compensation Grade: H5. #LI-KD1.
#J-18808-Ljbffr
On-site/Hybrid in Columbus, OH, or Remote
Job Summary As a strategic leader within the Finance team, the Pension Risk Transfer Pricing Senior Actuary will play a pivotal role in shaping objectives, achieving profitability targets, and refining the pricing process. This role involves conducting competitive market analysis, driving efficiencies, and fostering a positive team culture. The ideal candidate will have extensive experience as a PRT, ALM, or Investments Actuary, with a strong ability to influence internal stakeholders and contribute to the overall success of the organization.
Key Responsibilities
Thought leadership on the PRT Pricing team.
Lead pricing initiatives for large and complex deals, partnering with OOI and ALM to develop custom pricing strategies and influence key stakeholders on a case-by-case basis.
Contribute to pricing/product strategy and prioritizing initiatives, including exploration of improved investment strategies, new deal structures and utilizing reinsurance.
Collaborate with the Office of Investments and ALM teams to optimize the investment strategy for new PRT business.
Review Pension Risk Transfer (PRT) bids to ensure premiums accurately reflect reserves, capital, and expected benefit payments using Axis and Excel-based tools.
Propose demographic assumptions related to pension benefits included in each PRT deal, including mortality, mortality improvement, withdrawal rates, retirement rates, and disability incidence.
Partner with business teams to develop responses to RFPs.
Develop junior associates.
Drive results and decision making with business partners and other internal stakeholders.
Qualifications and Skills
Experience as a PRT, ALM, or Investments actuary.
FSA or ASA certification.
Proficiency in Excel.
Ability to establish strategic direction.
Excellent problem‑solving, communication, and presentation skills.
Ability to work collaboratively in a team environment.
Strong organizational and time‑management skills.
Benefits Nationwide offers a comprehensive benefits package including medical/dental/vision, life insurance, disability coverage, paid time off, 9 paid holidays, 401(k) with company match, and a company‑paid pension plan. Additional benefits include business casual attire and more.
EEO Statement 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 all employees and applicants without regard to any characteristic protected by applicable law.
Relevant hiring details: Internal Compensation Grade: H5. #LI-KD1.
#J-18808-Ljbffr