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Actuarial Associate - Annuity Inforce Management

Job in Columbus, Franklin County, Ohio, 43224, USA
Listing for: Nationwide
Full Time position
Listed on 2026-06-26
Job specializations:
  • Finance & Banking
    Actuary, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 108000 - 200000 USD Yearly USD 108000.00 200000.00 YEAR
Job Description & How to Apply Below

Actuarial Consultant - Annuity Inforce Management

Nationwide Financial is seeking a highly technical Actuarial Consultant to join our Annuity Inforce Management team. The role supports the long‑term management of Nationwide’s annuity products, combining hands‑on actuarial work with business‑partnering responsibilities. The incumbent will help build reporting capabilities and modernize rate‑setting infrastructure.

Job Summary

In this role you will execute annuity rate setting, perform profitability analysis, develop visualizations, and support the modernization of rate‑setting and profitability processes. You will also maintain regulatory compliance for non‑guaranteed elements and advance in‑force profitability measurement.

Key Responsibilities
  • Execute annuity rate setting for Fixed, Indexed, RILA, SPIA, and VA general account products.
  • Collaborate with Business Development partners to balance competitiveness and profitability.
  • Perform quarterly new‑business profitability analysis.
  • Develop and communicate visualization of profitability results to management and the CFO.
  • Create visualizations for in‑force performance metrics such as policyholder behavior, product feature utilization, and sales demographics.
  • Support advancement of in‑force profitability measurement.
  • Modernize rate‑setting and profitability processes – automate execution, develop controls, and improve speed.
  • Ensure adherence to regulatory standards for managing non‑guaranteed elements.
  • Develop infrastructure for rate setting and profitability analysis for new products.
  • Execute special projects as needed.
  • Maintain relationships with business customers and build new relationships.
  • Lead onboarding and training for new associates on standard work processes.
  • Lead peer reviews to increase collaboration, ensure quality work, and drive innovation.
Qualifications
  • Associate of the Society of Actuaries (ASA). Actively enrolled in the Actuarial Development Program; working toward FSA.
  • Minimum 3–5 years of actuarial experience.
  • Proficient in Excel; proficient in SQL.
  • Experience with AXIS modeling (plus).
  • Programming experience a plus; particularly Python, R, , and C#.
  • Experience with Tableau and Power BI (plus).
  • Strong analytical skills and ability to communicate effectively to non‑technical audiences.
  • Knowledge of actuarial business functions, statistical methods, actuarial models, and actuarial software.
  • Proficient in Microsoft Office, including VBA within Access and Excel.
  • Demonstrated business understanding, problem solving, and customer focus.
Location

The role is based in Columbus, OH, but qualified candidates who work remotely may be considered.

Compensation

Salary range: $ – $ (geographic‑specific). Expected starting salary range: $ – $.

Benefits
  • Medical, dental, and vision coverage
  • Life insurance
  • Short and long‑term disability coverage
  • Paid time off (minimum 18 days for new hires, prorated; 9 paid holidays; 8 hours Lifetime PTO; 8 hours Unity Day PTO)
  • 401(k) with company match
  • Company‑paid pension plan
  • Business casual attire
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 employees and applicants without regard to any characteristic protected by applicable law.

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Position Requirements
10+ Years work experience
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