Job ID: 52243
Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247 or click here.
The corporate title for this position is “Sr Analyst, Pricing”
This opening may be filled at either the Sr Analyst or Analyst level, depending on the qualifications and related experience of the chosen applicant, and may be filled in Columbus, OH or Des Moines, IA.
The ideal candidate will have the following:
At least 3 actuarial exams passed for Sr Analyst level; at least 1 for Analyst level
Degree in actuarial science/mathematics/statistics or related field, such as economics
At least 2 years’ actuarial/statistical experience for Sr Analyst level; Internship or other experience with hands-on actuarial/statistical/related work for Analyst level
Strong analytic and problem solving skills
The ability to be self-directed in ambiguous situations
Strong communication skills to be able to interact verbally and in writing with business partners and other departments, including state departments of insurance
Strong Microsoft Excel skills, preferably including practical experience or familiarity with VBA, SAS, and/or Brio.
JOB SUMMARY: Prepares loss, expense, and premium data for actuarial pricing reviews and/or ratemaking; estimates future loss and premium results. Exhibits working knowledge of company systems, databases, applications, business, policies, practices and regulations. Works under regular guidance from a manager or senior analyst to execute actuarial models, complete rate revisions, filings and indications, extract info from databases, manipulate spreadsheets and communicate results to Product Managers and others.REPORTING RELATIONSHIPS: Reports to Supervisor/Manager/Director/OfficerCORE RESPONSIBILITIES:
TYPICAL SKILLS AND EXPERIENCES:
Education: Bachelors degree (preferred) in actuarial science, business, finance, mathematics, statistics, economics or related field with a strong quantitative orientation.Experience: Minimum two years experience in a business unit (e.g., pricing, actuarial, product) or combined experience and educational equivalent.Knowledge: Knowledge of mathematics, statistics, probability, and/or principles of finance, proven analytical skills and familiarity with insurance products and terminology as well as legal and regulatory requirements in area of assignment. Continuing to learn more advanced actuarial methodologies and insurance concepts through reading, training sessions and work assignments.Skills/Competencies: 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 and related spreadsheets and data base software.
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.
Overtime Eligibility: Exempt (Not Eligible)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.
Safety Sensitive: N/AJob Evaluation Activity: Evaluated March 2006 SMPJob Family/Function: ACT/PRF