Actuary - Middle Market Pricing; Remote

Overview

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless. Nationwide’s culture centers on delivering extraordinary care to customers. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. This position can be staffed remotely for potential applicants with critical industry skills and relevant experience.

Internal Compensation Grade: G4

Position Overview

As a Middle Market Actuary at Nationwide, you will play a key role in driving pricing strategy and profitability for our commercial lines products. This position supports actuarial initiatives across middle market segments, a critical area within our P&C business. In this role, you will have the opportunity to collaborate closely with underwriting, product, and finance teams to deliver data-driven insights and innovative solutions.

• Collaborate on pricing models for middle market commercial lines.
• Perform rate reviews and recommend pricing actions based on actuarial analysis.
• Partner with business stakeholders to support product development and portfolio management.
• Analyze loss trends, profitability metrics, and market dynamics.
• Present findings and recommendations to senior leadership and cross-functional teams.

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field.
• Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS) preferred.
• 3+ years of actuarial experience, ideally in commercial lines or middle market.
• Strong proficiency in actuarial software and programming tools (e.g., R, Python, SQL, Excel).
• Excellent communication and collaboration skills.

Our Property and Casualty (P&C) 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!

As an Actuarial Consultant, you’ll need to be adept at actuarial functions and know P&C products to perform complex, quantitative actuarial analyses. In addition, we’ll count on you to provide expertise, including consultation and recommendations, on actuarial models and issues. This position may have the opportunity to be a part of the P&C Actuarial Rotation Program, which will give you the potential opportunity to work on various actuarial, analytics, and risk management teams to learn and develop across different actuarial functions.

Should you choose to participate in the program, you will participate in two to three rotations of two years each. Full program details will be provided to you upon your start date.

• Has in depth knowledge of actuarial methodologies with the ability to source and manipulate complex data within standard requirements.
• Conducts complex analyses, adhering to actuarial standards, by selecting appropriate data sources, making assumptions, recognizing considerations, and developing recommendations. Resolves unreasonable results/non-optimal solutions using experience and professional judgment.
• Accurately documents assumptions, methods, sources, and considerations in an organized fashion.
• Prepares and presents actuarial findings and documents that are suitable for technical and non-technical audiences at the senior Actuarial leadership level. May professionally represent company position with regulators, auditors, and external vendors.
• Develops work plans and ensures accurate work product is delivered.
• Leads peer reviews to increase collaboration, ensure quality work, and drive innovation.
• Maintains relationship with business customers as well as builds new relationships.
• Leads onboarding and training for new associates on standard work processes.
• Applies data mining techniques used to identify new relationships in data and make recommendations based on findings. Builds and validates models in different software packages. Explores the use of new software packages. Has practical use of predictive modeling.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to an Actuarial, Analytics, or Risk Management leader.

Typical Skills and Experiences:

Education: Undergraduate degree in actuarial science, mathematics, statistics, data science or similar background requiring modeling, programming or quantitative analysis.

License/Certification/Designation: Generally, has attained ACAS and is working towards FCAS. PLEASE REFER TO THE NATIONWIDE PC INSURANCE COMPANY ACTUARIAL STUDENT PROGRAM FOR ADDITIONAL INFORMATION.

Experience: Generally, five or more years of actuarial experience.

Knowledge, Abilities and

Skills:

Detailed knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Proficient in Microsoft Office products, analytical software and programming languages. Should have basic…