Note: The job is a remote job and is open to candidates in USA. Nationwide is a Fortune 100 company with nearly $70 billion in annual sales, seeking an Actuarial Analyst for their Pet business unit. The role involves building and maintaining actuarial models, analyzing data, and collaborating with teams to develop pet insurance products that deliver value to customers.
Responsibilities
- Build and maintain actuarial models that guide pricing, valuation, and financial projections for pet insurance products
- Analyze complex data to uncover trends, assess risk, and support strategic decisions
- Partner with cross-functional teams to develop new products and ensure competitive pricing
- Prepare clear, actionable insights and recommendations for leadership to drive business growth
- Contribute to a culture of collaboration and innovation through peer reviews and knowledge sharing
- Compiles, categorizes, and analyzes data, with direction and oversight
- Begins building testing tools, analyzing product calculations and product illustrations
- Aids in creating, maintaining, and running Actuarial, Projection & Valuation Models
- Completes financial reporting and analysis with input from peer or leaders
- Begins building expertise in pricing and implementation of products
- Assists with analyzing risks for lines of business
- Aids in valuation/reserving under multiple accounting regimes (statutory, GAAP, and tax) for products
- May complete analysis and support of reinsurance opportunities
Skills
- Bachelor's degree in actuarial science, mathematics, statistics, or a related field
- Exam progress toward ACAS designation
- 1-3 years of actuarial experience, ideally in P&C insurance
- Strong technical skills in actuarial software, Microsoft Office (including VBA), and programming languages like R, Python, or SQL
- Excellent problem-solving and communication skills, with the ability to thrive in a dynamic, team-oriented environment
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
Company Overview
- Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. It was founded in 1925, and is headquartered in Columbus, Ohio, USA, with a workforce of 10001+ employees. Its website is http://nationwide.com.