Actuarial Consultant, Life Modeling
$108k - $200kNationwide Retirement Solution
Role Description
Join Nationwide Financial Centralized Life Modeling team in a high-impact remote actuarial role where you will help build, enhance, and maintain actuarial models that support valuation, pricing, forecasting, asset adequacy, and risk management.
This opportunity is ideal for an ASA-level actuary with strong life insurance modeling experience who wants to do more than run production processes. In this role, you will:
- Build, test, maintain, and enhance life insurance actuarial models used across key actuarial functions.
- Support implementation of new products, model updates, and regulatory changes in partnership with pricing, valuation, data and technology, and other stakeholders.
- Perform and review production runs and results, strengthen controls, explain unintuitive output, and help drive automation and process improvement.
- Partner with internal actuarial customers on modeling needs tied to pricing, mergers and acquisitions, exploring reserve solutions, or other strategic work.
- Grow into larger, highly visible projects over time as you deepen your expertise and take on increasing responsibility.
Qualifications
- ASA required, actively pursuing the FSA designation.
- 4+ years of actuarial experience with a strong foundation in life insurance.
- Proven hands-on actuarial modeling experience, ideally in Milliman’s MG-ALFA/Integrate, or Moody’s GGY AXIS.
- Ability to work directly in the model environment, not solely as a production user following documentation.
- Strong problem-solving, communication, and partnership skills in a cross-functional setting.
- Self-motivation and sound judgment to succeed in a remote role while knowing when to collaborate and escalate issues.
Requirements
- Experience with life insurance modeling work and familiarity with current life insurance valuation regulations such as PBR and LDTI.
- Exposure to life insurance products such as universal life, variable universal life, or hybrid/LTC-related products.
- Candidates with both Milliman’s MG-ALFA/Integrate and Moody’s GGY AXIS experience will stand out in the market.
Benefits
- Medical/dental/vision coverage.
- 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.
$50 - $60 per hour
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