Actuarial Associate - Reserving
Listed on 2026-05-28
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Finance & Banking
Risk Manager/Analyst, Actuary
Actuarial Associate – Reserving
The General Liability and Umbrella Reserving team, within Nationwide’s P&C Commercial Lines and NWAG organization, supports profitable growth and long‑term financial strength by establishing and monitoring loss and loss adjustment expense reserves for General Liability and Umbrella products across multiple segments and distribution channels, including Nationwide Agribusiness (NWAG).
Key Responsibilities- Lead the design, execution, and communication of reserve analyses for General Liability and Umbrella lines, including quarterly and ad‑hoc studies at the line, segment, and program levels.
- Develop and apply advanced actuarial methodologies (stochastic reserving, frequency‑severity modeling, tail factor and trend analyses, diagnostic tools) to assess reserve adequacy and volatility.
- Translate technical findings into clear, actionable recommendations for leaders in Commercial Lines, NWAG, Claims, and Finance, highlighting key drivers, risks, and alternative scenarios.
- Partner with Pricing, Underwriting, and Product teams to ensure strong connectivity between reserving insights, rate adequacy, and underwriting strategies for GL and Umbrella.
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field.
- ACAS credential, with progress toward FCAS (near‑associate level candidates with relevant experience will be considered).
- Strong knowledge of P&C actuarial reserving techniques (e.g., General Liability, Umbrella, Excess).
- Demonstrated experience with triangular reserving methods.
- Proficiency with actuarial and data tools (Excel, SQL, R, Python, SAS, or similar) and an interest in automation, reproducibility, and visualisation.
This role is ideal for an actuarial professional who enjoys deep technical work, influencing business decisions through insight, and working in a collaborative environment that spans the P&C enterprise.
This position does not qualify for employer‑sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
The position can be staffed remotely for applicants with critical industry skills and relevant experience.
Internal Compensation Grade: G4
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Salary RangeConsultant, Actuarial - P&C: $ – $ (starting range $ – $).
Benefits- Medical, dental, and vision coverage
- Life insurance
- Short and long‑term disability coverage
- Paid time off: minimum of 18 days per year (prorated for new hires), nine paid holidays, eight hours Lifetime PTO, and eight hours Unity Day PTO
- 401(k) with company match
- Company‑paid pension plan
- Business casual attire
- Additional benefits available
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 protected by applicable law.
Other 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.
Position may be filled within any of the lower 48 U.S. states.
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