Actuarial Analyst, E&S Spec (Actuarial Analyst - E&S / Specialty Insurance)

If you’re passionate about becoming a Nationwide associate and believe you have the potential to be something great, let’s talk.

Number 54 on the Fortune Magazine 100 Best Places to Work.

* Please note: the information contained above the asterisks is specific to this particular opening, while the information below the asterisks is the general, corporate job description for this position. *

This person will be responsible for analyzing business segment data, conducting loss performance reviews, and making rate recommendations with respect to Nationwide Excess & Surplus / Specialty Insurance.

Qualified candidates will have:

• Passed at least 1 exam towards actuarial certification

• Familiarity with Excel

• Bachelor degree

Compensation Grade: E3

JOB SUMMARY: Continues to learn actuarial methodologies and excess/surplus property/casualty insurance product concepts through reading, training sessions and work assignments. Estimates future loss, expense, and premium results for ratemaking or reserving purposes using actuarial methodologies.

Job Description

Reports to: E & S Actuary, Director, or AVP Actuarial CORE

Key Responsibilities:

1. Continues to develop knowledge of data sources and requirements; retrieves and manipulates data.

2. Continues to develop knowledge of actuarial methodologies via actual work assignments.

3. Conducts analyses that adhere to actuarial standards or practice: selects appropriate data sources and methods, makes assumptions, recognizes considerations and develops recommendations.

4. Documents assumptions, methods, sources, considerations; organizes documents.

5. Notes unreasonable results/non-optimal solutions and assists in resolution.

6. Prepares memos, documents, and letters as needed. Communications are to be concise, logical, organized, and grammatically correct with the appropriate level of technical terms suitable to the audience.

7. Develops personal work schedule to ensure timely completion of assigned tasks; coordinates with others when tasks involve others.

8. Participates in Peer Tech Reviews. Reviews work of peers and also has work reviewed by them.

9. Demonstrates satisfactory examination progress per the Casualty Actuarial Program.

10. May assist with training new associates on standard work procedures.

11. May make presentations to internal audiences and participate in team activities as requested.

12. Performs other related duties as assigned

JOB REQUIREMENTS

Experience: Up to 2 years related work experience.

Education: Bachelors degree (preferred) in actuarial science, mathematics, statistics, economics or related field with a strong quantitative orientation.

Certifications/ Designations: Must have successfully completed 1 - 2 Casualty Actuarial Society exams.

Knowledge: Knowledge of advanced mathematics and statistical concepts, basic actuarial methods/concepts, property casualty insurance terminology and product familiarity.

Skills: Demonstrated work product accuracy. Effective verbal/written communication skills; Demonstrated ability to comprehend actuarial concepts and other advanced statistical concepts. Demonstrated ability to think logically and perform actuarial methods in a timely manner. Ability to effectively operate personal computer with related spreadsheets and data base software.

Values: Regularly and consistently demonstrates the Nationwide Values and Guiding Behaviors.

Staffing Exceptions: Staffing Exceptions to the above minimum job requirements must be approved by the: VP Chief Actuary and HR Director

JOB CONDITIONS:

Overtime Eligibility: Not Eligible (exempt)

Working Conditions: Normal office environment; extended and/or non-standard work hours based on project and service delivery needs. Travel as needed.

ADA: The above statements cover what are generally believed to the principal and essential functions of this job. Specific circumstances may allow or require some associates assigned to the job to perform a somewhat different combination of duties.

Credit Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process

Additional Job Description

#actuarial

Job ID: 54046

#actuarial