Role Overview:
We are seeking an experienced Sr. Actuary to join the NF Annuity Modeling Team. The role is responsible for multiple aspects of model development and maintenance supporting all major actuarial functions including valuation, forecasting, pricing, cash flow testing and risk management. The role is responsible for the development and maintenance of our Moody’s AXIS Annuity models in consultation with model users from the actuarial functions, as well as working closely with Moody’s to learn about and implement their latest developments into our environment. The role provides technical expertise to modeling approaches and methodologies and ensures integration of end-to-end model development, from data to output, and adherence to enterprise model risk standards. This is a leadership role that requires a high level of technical actuarial and modeling skills, as well as strong communication skills, necessary to lead the team through project implementation and execution in Moody’s AXIS.
Job Description
Reports To: Sr. Director
Key Responsibilities:
Assist the Annuities Model Lead with setting the vision for the team and translating strategic priorities into operational reality; aligning communication, accountabilities, resource capabilities and internal processes to ensure that strategic priorities yield measurable and sustainable results
Lead the team through implementation of new functionality, products or regulations in Moody’s AXIS across multiple lines of business
Oversee the QE/YE production process for multiple applications and lines of business
Assist actuarial internal customers with Moody’s AXIS modeling needs
Work closely with Moody’s to learn about and implement their latest AXIS developments into our environment
Partner with Data / Technology teams on requirements and controls for model inputs
Ensure team’s adherence to model risk management standards, including documentation, testing frameworks, and governance artifacts
Build cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the leadership level.
Manage 3-4 actuarial associates
Required Leadership skills:
Ability to connect associates to the enterprise vision and help them understand how we support the
company’s overall success
Comfort leading through ambiguity and regulatory change; ability to create structure and next steps for the team
Passionate about leading by example, and acting as a coach to help associates discover insights on their own
Coaching and development of associates, including feedback and identifying stretch opportunities
Preferred Education/Experience/Skills:
Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming or quantitative analysis highly preferred.
At least 8 years of relevant actuarial experience, minimum 5 years of FSA level work
At least 3 years experience managing a team
Modeling expertise: Moody’s AXIS actuarial software
Product knowledge: Variable or Indexed Annuity expertise
Application knowledge: Proficient in Stat and GAAP Valuation and Forecasting, Pricing, Cash Flow Testing and Risk Management
Technical skills: Proficient in Microsoft Office, SQL, Python
Proficient level of organizational agility, influencing skills, strategic agility, inspiring others, and business perspectives.
Mastery level of problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.
Why you should strongly consider joining the NF Annuity Modeling Team:
We invest in your growth. Your leaders will partner with you to identify opportunities to build both your technical and leadership skills.
We make hybrid work seamless. Whether you are remote or in the office, you will be fully included in what is happening across the team. This role can be staffed fully remote or hybrid.
We have fun together. From online charades to taking on the leadership team in trivia, we enjoy a little friendly competition.
#LI-remote
#LI-SM1
Job Description Summary
Our Nationwide Financial Actuarial team members have opportunities to use state-of-the-art tools, 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!Job Description
Provides strategic direction and knowledge for the compilation, categorization and analysis of data and financial reporting and analysis.
Constructs sophisticated testing tools and analyzes product calculations.
Leads, provides expertise and builds strategies for pricing and implementation of products.
Constructs, maintains and completes Actuarial, Projection & Valuation Models.
Analyzes risks and reinsurance for lines of business.
Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP and tax) for products.
Builds cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Actuarial leader.
Education: Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming, or quantitative analysis.
License/Certification/Designation: FSA required. PLEASE REFER TO THE NATIONWIDE LIFE INSURANCE COMPANY ACTUARIAL DEVELOPMENT PROGRAM FOR ADDITIONAL INFORMATION.
Experience: Typically, at least eight years of actuarial experience.
Knowledge, Abilities and Skills: Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases; knowledge of company operations, products, systems and actuarial methodologies. Knowledge of industry and regulatory practices is vital. Proficiency in Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages. Proficient level of organizational agility, influencing skills, strategic agility, inspiring others, business perspective and accounting. Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.
Other criteria, including leadership skills, capabilities and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resources Business Partner.
Values: Regularly and consistently demonstrates the Nationwide Values.
Overtime Eligibility: Exempt (Not eligible)
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.
We currently anticipate accepting applications until 05/14/2026. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.nationwide