Actuarial Associate - Annuity Inforce Management

## Actuarial Associate - Annuity Inforce Management Apply locations:
Ohio - Columbus, One Nationwide Plaza:
United States - Remote time type:
Full time posted on:
Posted Todayjob requisition :
098624

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.
** Actuarial Consultant - Annuity Inforce Management
** Nationwide Financial is seeking a highly technical Actuarial Consultant to join our Annuity Inforce Management team.  This role is ideal for an experienced actuary who brings annuity product experience and enjoys a business-facing role.  This is an opportunity to support the long-term management of Nationwide’s annuity products in a role that combines hands-on actuarial work with business-facing partnership.  The person in this role will help build out our reporting capabilities and continue to modernize our rate setting infrastructure.

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* Key Responsibilities Include:

*** Execute annuity rate setting for Fixed, Indexed, RILA, SPIA, and VA general account products.
* Collaborate with Business Development partners to effectively balance competitiveness and profitability.
* Execute new business profitability analysis on a quarterly basis.
* Develop visualization of profitability results and communicate to management and CFO.
* Develop visualizations for inforce performance metrics such as policyholder behavior, product feature utilization, and sales demographics.
* Support advancement of inforce profitability measurement.
* Support Modernization of rate setting and profitability processes; automating execution, developing controls, and increasing speed of execution.
* Ensure adherence to regulatory standards for managing non-guaranteed elements.
* Support infrastructure development for rate setting and profitability analysis for new products.
* Execute special projects as needed.
** Requirements:
*** Associate of the Society of Actuaries (ASA)
* Proficient in Excel
* Proficient in SQL
* AXIS modeling experience a plus
* Programming experience a plus; particularly Python, R, , and C#
* Tableau and Power BI experience a plus
* Strong analytical skills
* Ability to communicate to non-technical audiences

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

It is our intention to fill this role in Columbus, OH. However, applications from candidates working remotely who bring critical industry skills and relevant experience may be considered.#LI-KD1
** Job Description Summary
** Our Nationwide Financial (NF) Actuarial team members have opportunities to use state-of-the-art tools and are encouraged to innovate and learn to master actuarial methodologies. If this sounds like a place you could thrive, then we want to know more about you!
As an Actuarial Consultant, you’ll need to be adept at actuarial functions and know NF products to perform sophisticated, 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 have the opportunity to be a part of the NF Actuarial Rotation Program, which will give you the potential opportunity to work on various actuarial, analytics, and risk management teams to learn and develop across different actuarial functions. Should you choose to participate in the program, you will participate in two to three rotations of one year each.

Full program details will be provided to you upon your start date.
****** Job Description
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* Key Responsibilities:

*** Compiles, categorizes, and analyzes data.
* Performs construction of testing tools and analysis of product calculations.
* Constructs, maintains, and conducts Actuarial, Projection & Valuation Models.
* Performs financial reporting and analysis.
* Leads pricing and implementation of products.
* Analyzes risks for lines of business.
*…