Nationwide

Actuarial Specialist, P&C - Programs Pricing

Columbus, Ohio, United States

Not SpecifiedCompensation
Junior (1 to 2 years), Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

Candidates should possess a Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field, and typically 2-4 years of proven experience in P&C insurance with a focus on pricing, with the flexibility to support students still taking actuarial exams. Strong organizational skills, effective communication skills, and the ability to work in a team environment are also required.

Responsibilities

As an Actuarial Specialist, the individual will learn about diverse books of business including healthcare, warranty, workers’ compensation, and property, generate actuarial indications alongside Pricing leadership, own a portfolio of Programs, build relationships across various business units, assist in setting the financial forecast for E&S Programs Pricing books, explore the use of new software packages, and complete project work relevant to the portfolio, leveraging insights to create business recommendations.

Skills

Actuarial Science
P&C Insurance
Pricing
Financial Forecasting
Data Analysis
Communication
Teamwork
Software Packages

Nationwide

Provides insurance and financial services

About Nationwide

Nationwide provides insurance and financial services to individuals and businesses across the United States. Their product offerings include auto, home, life, and commercial insurance, as well as retirement and investment solutions. The company operates by underwriting insurance policies and managing investment portfolios, earning revenue through premiums, investment income, and fees for financial services. What sets Nationwide apart from its competitors is its focus on leveraging technology to improve claims processing and policy management, along with its commitment to customer service. Additionally, Nationwide partners with organizations to offer financial education resources, particularly for retirees, aiming to ensure financial security and protect the futures of its clients.

Key Metrics

Columbus, OhioHeadquarters
1925Year Founded
$769.7MTotal Funding
N/ACompany Stage
Consulting, Financial ServicesIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Holidays
401(k) Retirement Plan
401(k) Company Match

Risks

Competition from insurtech startups like Nexar may challenge Nationwide's market share.
AI-driven platforms like Planck could disrupt traditional insurance models.
Partnerships with AI firms may require significant tech investment and integration efforts.

Differentiation

Nationwide invests in tech-driven platforms like YellowBird and Betterview to enhance services.
Partnership with CLARA Analytics shows Nationwide's focus on AI for operational efficiency.
Collaboration with Funding Circle highlights Nationwide's support for small business growth.

Upsides

Nationwide's $56M loan to Whitestone REIT diversifies its investment portfolio.
Investments in AI and tech platforms could streamline operations and reduce costs.
Supporting small businesses may expand Nationwide's customer base and strengthen relationships.

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