Role Description
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.
Nationwide Financial is seeking a talented and experienced Senior Actuary, Annuity Valuation to join the Annuity Valuation team. This role offers the opportunity to own and elevate important valuation processes across the full annuity product portfolio while delivering insights that support financial reporting, risk management, and business decisions.
About the Role:
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The Annuity Valuation team supports valuation, reporting, analysis, and business decision-making across all annuity products.
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The team’s work spans Statutory and US GAAP responsibilities, creating an opportunity for this position to contribute broadly across the valuation function.
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You will work across the full annuity product portfolio, including variable annuities, RILA, fixed-indexed annuities, MYGA, SPIA, pension risk transfer, and other annuity products.
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You will partner with actuarial and business teams across Product, Pricing, Financial Reporting, Modeling, and related functions to analyze results, improve processes, and support evolving business and regulatory needs.
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This is a hands-on people leadership role with direct reports.
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You will combine deep expertise in actuarial valuation with the ability to translate complex analysis into clear recommendations for Actuaries, Underwriting, Product, Finance, and senior business leaders.
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You will guide and develop analytical professionals, including direct reports, and lead complex work across functions.
Qualifications
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FSA designation required.
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Typically eight or more years of actuarial experience, with deep experience in Statutory valuation, US GAAP/LDTI valuation, or both.
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Strong experience with annuity products such as variable annuities, RILA, fixed-indexed annuities, MYGA, SPIA, and pension risk transfer.
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Strong understanding of actuarial valuation, financial reporting, modeling, data, and related controls.
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Experience improving valuation processes, developing tools, or applying automation and technology to increase efficiency and reliability.
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Ability to take ownership of complex work, operate effectively in a changing environment, and navigate evolving accounting and regulatory requirements.
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Strong communication, relationship-building, and influencing skills, with the ability to explain technical results clearly and drive alignment across stakeholders.
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Curiosity and adaptability to expand expertise across valuation disciplines and support the broader needs of the team.
Requirements
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Undergraduate degree in actuarial science, mathematics, statistics, or similar background requiring modeling, programming, or quantitative analysis.
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Typically, at least eight years of actuarial experience.
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Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases.
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Knowledge of industry and regulatory practices is vital.
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Proficiency in Microsoft Office products (including VBA within Access and Excel), analytical software (such as Tableau), and programming languages.
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Proficient level of organizational agility, influencing skills, strategic agility, inspiring others, business perspective, and accounting.
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Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.
Benefits
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Medical/dental/vision insurance.
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Life insurance, short and long-term disability coverage.
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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.
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Nine paid holidays.
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8 hours of Lifetime paid time off.
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8 hours of Unity Day paid time off.
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401(k) with company match.
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Company-paid pension plan.
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Business casual attire.