Senior Actuary, Annuity Valuation - REMOTE

About the Role

Key Responsibilities

• Own or oversee valuation and reporting processes across the annuity portfolio under applicable accounting bases, including Statutory and US GAAP/LDTI.
• Analyze reserves, capital, earnings emergence, product calculations, and other valuation drivers; translate results into clear insights and recommendations.
• Serve as a technical resource for assigned products or valuation processes and communicate findings to technical and non-technical audiences.
• Develop, maintain, test, and enhance actuarial valuation and projection models, tools, documentation, and controls.
• Partner with Financial Reporting, Modeling, Controllership, and cross-functional stakeholders to deliver accurate, consistent, and well-understood results.
• Identify and implement opportunities to improve efficiency, automation, transparency, control, and repeatability across valuation processes.
• Support financial reporting, management reporting, audit requests, and the analysis or implementation of emerging accounting and regulatory requirements.
• Provide technical leadership on special projects and broader initiatives affecting the annuity business.

Ideal Candidate

Why Join Nationwide?

Job Description Summary

Key Responsibilities:

• 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.

Typical Skills and Experiences:

• 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.

Job Conditions:

Benefits

• We have an array of benefits to fit your needs, including: 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, and more. To learn more about the benefits we offer, click here .
• 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 (or classification) protected by applicable law.

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