Position OverviewAs 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.
Key Responsibilities- 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.
Qualifications- 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.
Job Description SummaryOur 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.
Job DescriptionKey Responsibilities:- 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 competencies including command skills, strategic agility, delegation, motivating others, business perspective and accounting. Should have highly-developed competencies in business understanding, problem solving, customer focus, dealing with ambiguity, drive for results, and learning ability.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager's leader and HR Business Partner.
Values: Regularly and consistently demonstrates Nationwide Values.
Job Conditions: Overtime Eligibility: Not Eligible (Exempt)
Working Conditions: Normal office environment.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
We currently anticipate accepting applications until 07/23/2026. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.
BenefitsWe have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, 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, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
This position could be filled within any of the lower 48 U.S. states.
