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AVP, Property & Casualty Actuarial Modeling - Auto

Nationwide

OhioFull TimeMid
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Location
Ohio
Employment
Full Time
Work model
On-Site
Level
Mid

About this role

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. Please Note: Working conditions for this role are remote within the U.S.; travel to headquarters required on an as-needed basis. #LI-ML1 Job Description Summary 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 AVP, you’ll collaborate with Strategic Pricing, Enterprise Analytics, and other key partners. You’ll be responsible for both actuarial and technical thought leadership in integrating data marts, data architecture, rating engines, as well as class plan execution and monitoring. We’ll count on you to accelerate our foundational capabilities and drive strong business results.

Job Description

Key Responsibilities:     Provide actuarial & technical expertise and thought leadership to drive outcomes across several of the following including integrating data marts, data architecture, rating engines, class plan execution & monitoring.  Partner with Strategic Pricing, Enterprise Analytics, Data & Technology and outside consultants to deliver on strategic initiatives across multiple business lines.  Oversee the development and maintenance of actuarial models and pricing tools. Ensure robust data analysis to support pricing decisions and risk assessments. Monitor and evaluate the effectiveness of pricing models and strategies.   Develop and maintain a strategic roadmap for PL pricing, in partnership with PL Finance/Pricing, Advanced Analytics and P&C Actuarial, inclusive of initiatives to advance and automate analytic modeling and analysis.  Create and implement strategy for accelerating solutions for critical business problems across multiple lines of business within Personal Lines.  Lead a team focused on evolve state tuning and decisioning with Field Product Management.    Stay informed about changes in insurance regulations and adjust pricing strategies accordingly.  Support other special projects or ad hoc initiatives (e.g., assisting with strategic partnerships, audits, etc.).    Lead special projects and ad hoc initiatives as needed.  Oversee associate management including performance management, salary planning and administration, training and development, workflow and organization planning, day-to-day management, hiring and placement, and disciplinary actions for direct and possibly indirect reports.   May perform other responsibilities as assigned.      Reporting Relationships:  Reports to VP; manages a team of 3 direct reports and 6 indirect reports.    Typical Skills and Experiences:

Education

Undergraduate studies in actuarial science, business, finance, mathematics, economics, or related field with strong quantitative orientation.      License/Certification/Designation: Fellow of the Casualty Actuarial Society (FCAS) designation preferred.

Experience

Typically, ten or more years related experience (pricing, actuarial, product). Five years prior management experience preferred.     Knowledge, Abilities and Skills: Proven ability to identify needs of the organization and develop a multi-year strategic plan. Demonstrated ability to collaborate across teams and influence to achieve goals. Ability to attract, hire and develop strong talent. Possess strong verbal and written communication skills, including the ability to build and defend a business case, provide executive level recommendations and reporting. Demonstrated ability to comprehend/explain actuarial

Listing verified . Applications go through the company's official careers site.

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