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Nationwide is hiring a

Senior Actuary (Life Pricing & Product Development)

As a team member in the Finance and Internal Audit department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor and so much more. Let Nationwide help create your career journey! 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.

Life Pricing and Product Development Sr. Actuary - Fully Remote

Join Our Experienced Team: Become a part of a seasoned group of actuaries. You will have the opportunity to work on our Indexed Universal Life (IUL) products and Variable Universal Life (VUL) products, contributing to projects that are not only meaningful but also ensure your work is highly visible by our executive leadership.

Position Overview: As a Life Pricing and Product Development Sr. Actuary, you will be instrumental in shaping the future of life insurance products. Your role will involve setting assumptions, creating actuarial models, and analyzing risk and profitability metrics to drive strategic decisions.


  • Develop and maintain actuarial models for IUL and VUL products.
  • Set pricing assumptions based on experience analysis.
  • Monitor and report on risk and profitability metrics.
  • Collaborate with cross-functional teams to ensure product sustainability and competitiveness.
  • Present strategic insights and recommendations to executive leadership.


  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field.
  • FSA Required
  • Previous pricing experience in the life insurance industry (UL, VUL, Term, or Whole Life products).
  • Proficiency in AXIS or ALFA modeling.
  • Strong communication and presentation skills.
  • Proven ability to think strategically and solve complex problems.

Additional Information:

  • This position is classified at the H5 pay band.
  • Offers the flexibility of a fully remote work arrangement.

Our Nationwide Financial 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 a Senior Actuary, you'll be an expert, providing leadership, direction and oversight for the creation and performance of sophisticated actuarial techniques and procedures and risk analysis. You'll handle research and direct others to ensure efficient, consistent and integrated data and analysis. We'll count on you to provide a strategic vision for the team and deliver business recommendations that are crucial to the success of Nationwide and the protection we provide our customers. You'll work independently and may directly or indirectly lead others.

Key Responsibilities:

  • Provides strategic direction and knowledge for the compilation, categorization and analysis of data and financial reporting and analysis.
  • Constructs sophisticated testing tools and analyzes product calculations.
  • Leads, provides expertise and builds strategies for pricing and implementation of products.
  • Constructs, maintains and completes Actuarial, Projection & Valuation Models.
  • Analyzes risks and reinsurance for lines of business.
  • Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP and tax) for products.
  • Builds cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level.

Reporting Relationships: Reports to Actuarial leader.

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.
  • Experience: Typically, at least eight years of actuarial experience.
  • Knowledge, Abilities and Skills: Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases; knowledge of company operations, products, systems and actuarial methodologies. Knowledge of industry and regulatory practices is vital. Proficiency in Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages. Proficient level of organizational agility, influencing skills, strategic agility, inspiring 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.

Job Conditions:

  • Overtime Eligibility: Exempt (Not eligible)
  • Working Conditions: Normal office environment.

Benefits We 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.

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.

This position could be filled within any of the lower 48 U.S. states.

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