Actuary, Protected Retirement Pricing

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, opportunities are endless! 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. The Protected Retirement business is part of Nationwide Retirement Solutions, an organization that helps secure financial futures for approximately three million participants across 30,000 retirement plans and $250 billion in assets. The broader business supports participants preparing for and living in retirement through recordkeeping, investment solutions, pension risk transfer, and retirement income offerings. Within that environment, this Actuary role is focused on pricing and product development for in-plan annuity solutions that help participants manage market risk, protect principal, and build greater confidence in retirement income. The team combines actuarial, product, and business expertise to evaluate solution design, support innovation, and advance guaranteed retirement offerings embedded within target date funds, managed accounts, and other retirement plan solutions. Key Responsibilities Support pricing and product development for in-plan annuities designed to bring lifetime income guarantees to defined contribution plans Develop, maintain, and enhance actuarial models used to evaluate product performance, assumptions, risk exposure, and profitability across in-plan retirement income solutions. Partner with asset managers and other insurers on highly customized solutions Analyze experience, trends, and emerging market dynamics to identify opportunities for innovation, pricing refinement, and continuous improvement. Communicate findings and recommendations clearly to business leaders and actuarial partners, translating complex analysis into actionable insights for decision‑making. Qualifications & Skills Bachelor’s degree in actuarial science, mathematics, statistics, finance, or a related quantitative field. Progress toward ASA/FSA credentialing, or equivalent actuarial exam progression, with a strong commitment to continued professional development. Actuarial experience in retirement solutions, annuities, life insurance, investments, or other financial services products; experience with pricing or guaranteed income solutions is preferred. Strong technical skills in actuarial modeling, data analysis, and quantitative problem solving, including experience with modern actuarial tools and large data sets. Knowledge of retirement income concepts, product design, risk management, and pricing methodologies. Demonstrated ability to work collaboratively across functions, manage multiple priorities, and communicate effectively with both technical and non‑technical stakeholders. Curiosity, sound judgment, and a continuous improvement mindset, with the ability to turn analysis into practical business recommendations. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. The position is located in Columbus, OH; however, applicants working remotely who bring critical industry skills and relevant experience may be considered. Job Description Summary Has mastery of company operations, systems, and actuarial methodologies. Provides leadership direction and oversight for the performance of complex actuarial techniques and procedures, and complex mathematical and quantitative actuarial and risk analysis. Manages research to clarify complex actuarial models and risk issues; directs others to maintain documentation of actuarial analysis, and preparation of the actuarial portion of financial reports, tax returns, and responses to insurance regulators; ensures that actuarial systems and databases conform to and utilize actuarial setting methodologies that produce efficient, consistent, and integrated data & analysis. Combines advanced actuarial and business knowledge to perform actuarial and risk analysis. Will lead, coordinate and perform actuarial analyses to assist in the development of complex actuarial models and business recommendations. Works independently on complex projects. Reporting Relationships Reports to Actuarial Manager, or other financial/actuarial management. Core Duties and Responsibilities Leads and provides expert knowledge for the compilation, categorization and analysis of data. Leads and provides expert knowledge for the construction of complex testing tools and analysis of product calculations. Leads and provides expert knowledge for the construction, maintenance and execution of Actuarial, Projection & Valuation Models. Leads and provides expert knowledge for the financial reporting & analysis. Leads and provides expert knowledge for the pricing and implementation of products. Leads and provides expert knowledge for the analyzing risks for lines of business. Leads and provides expert knowledge for establishing reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products. Leads and provides expert knowledge for the analysis of reinsurance opportunities. Develops effective communication strategies and recommendations to leadership. Executes and delegates as needed. Performs other duties as assigned. Typical Skills and Experiences Education: Undergraduate degree in Actuarial Science, Mathematics, Statistics, or similar background requiring modeling, programming, or quantitative analysis. License/Certification/Designation: FSA required. Please refer to the Nationwide Life Insurance Company Actuarial Development Program for additional information. Experience: Typically 5 to 7 years of actuarial experience. Knowledge, Abilities, and Skills: Expert knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases. Mastery of Microsoft Office products (including VBA within Access and Excel), analytical software (such as Tableau) and programming languages. Basic level of organizational agility and conflict management. Proficient level of command skills, strategic agility, delegation, motivating others, business perspective, and accounting. Mastery level of perspective, problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning. Values Regularly and consistently demonstrates the Nationwide Values and Guiding Behaviors. Job Conditions Overtime Eligibility: Exempt (Not Eligible) Working Conditions: Normal office environment. Benefits Medical, dental, vision coverage Life insurance Short and long term disability coverage Paid time off with a minimum of 18 days for newly hired associates, prorated quarterly based on hire date Nine paid holidays 8 hours Lifetime paid time off 8 hours Unity Day paid time off 401(k) with company match Company‑paid pension plan Business casual attire Additional benefits available Compensation National salary range: $138,000.00 – $243,000.00. Expected starting salary range: $138,000.00 – $206,000.00. Application Information We currently anticipate accepting applications until 05/28/2026. Equal Opportunity Employer Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected, and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law. State‑Specific Information For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) #J-18808-Ljbffr Nationwide Mutual Insurance Company