Predictive Modeler - P&C Commercial Actuarial Consultant

About the Role

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. 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.

About the Role: As a Predictive Modeler on our Commercial Modeling team, you will play a crucial role in developing and maintaining predictive models that drive our commercial pricing strategies. This position offers a unique blend of data science and actuarial responsibilities, providing an exciting opportunity to work on innovative projects and collaborate with a diverse team of professionals.

• Model Development: Engage in both new model builds and enhancements of existing models, ensuring they meet business needs and industry standards.
• Technical Expertise:
  Utilize your coding skills in R, Python, or SQL to develop and maintain complex quantitative models.
• Collaboration: Work closely with team members and business partners across the finance organization to develop creative solutions to business problems.
• Risk Management: Implement financial engineering, data science, and statistical techniques for risk management and business applications.

• Technical Proficiency: Strong coding skills in R, Python, or SQL, with a solid understanding of data science techniques and actuarial concepts.
• Analytical
  
  Skills:
  
  Excellent analytical and problem-solving abilities, with experience in financial risk modeling or actuarial functions.
• Educational Background: Undergraduate studies in finance, accounting, economics, statistics, mathematics, or related fields. Graduate-level studies and progress toward actuarial certifications (e.g., ACAS, FCAS) are preferred.
• Collaborative Spirit: Ability to work effectively in a team setting, with strong written and verbal communication skills.
• Adaptability: Willingness to learn and adapt quickly, with a proactive approach to continuous improvement.

Work Arrangements: We prefer candidates based in Columbus, OH, Des Moines, IA or Scottsdale, AZ. This role will be staffed at the G5 internal pay band.

Do you have the desire to analyze data and perform groundbreaking research to drive business outcomes? Nationwide has been using data to serve our members and drive business outcomes for almost 100 years. Our industry-leading workforce adopts an agile work environment and a collaborative culture to deliver outstanding solutions and results. Our Risk Analytics Researchers play a key role in harnessing the power of data to deliver business results.

• Researches and implements financial engineering, data science and statistical techniques for risk management and business applications.
• Completes regular testing of risk limits to provide distinct management guidance on asset allocation, risk transfer and product growth decisions.
• Owns complex quantitative modeling processes and philosophies. Identifies industry standards to understand if models are working as intended.
• Collaborates to ensure that consistent model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld.
• Reviews and analyzes model output to identify model limitations and their impact. Provides corrective quantitative methods.
• Crafts and updates model documentation for business continuity purposes.
• Collaborates to develop creative solutions to business problems.
• Acts as the technology owner for Risk Analytics.

Reporting Relationships: Reports to Risk/Actuarial leader.

Education: Undergraduate studies in finance, accounting, economics, statistics, mathematics or related subject area required. Graduate-level studies in a related field with advanced degree highly desirable.

License/Certificat…