[Remote] Senior Technical Director - Nationwide Financial Actuarial - Remote

Remote Full-time
Note: The job is a remote job and is open to candidates in USA. Nationwide is a Fortune 100 company with nearly $70 billion in annual sales, seeking a Senior Technical Director for their Financial Actuarial team. This role focuses on strategic leadership across actuarial data and systems, driving modernization efforts and influencing the technology roadmap for actuarial tools and applications.ResponsibilitiesWorks with various pricing teams to develop solutions that enhance returns and/or mitigate risk. Support may occur through a variety of means including building/running models, peer reviews, reasonable checks and various types of analysis. Assists with evaluation of a product design to inform business and risk management leadership of the expected profitability and most significant risks associated with new product concepts. Provides expert knowledge of pricing assumption-setting, model building, actuarial analysis, product mechanics and embedded policy owner options, valuation and non-forfeiture lawProvides analysis and development of pricing guidelines, evaluation of profitability targets, risk measures, and other pricing metrics (such as capital usage). Coordinates Product Risk Committee (PRC) meetings, distributes minutes, and is highly involved in writing of decision memos, activity reports and other PRC-related communications. Updates Nationwide Financial Risk Committee on PRC-related activityPlays an important role in educating and motivating cross functional teams to develop innovative solutions to complex problems. Teams may consist of members from actuarial, finance, systems, legal, accounting policy, investments and/or other areasEducates risk management leadership on complex product designs, pricing techniques, etc. The role also requires the ability to communicate and influence leadership to expedite the product approval process. Participates in training of less experienced actuariesPerforms investment pool analysis to determine appropriate investment strategies. Involved in determining the framework used modeling and decision making. Advises business unit leaders, investment leaders and risk management on the impact of various strategiesProvides corporate review of reinsurance treaties via quarterly review of Risk Transfer Questionnaires. Performs various analysis (i.e. counter-party analysis) and acts as a central hub for reinsurance questions. May be involved with risk management leadership on innovative reinsurance concepts and redundant reserve transactionsCreates and administers various reports to assist senior management and ensure compliance with various guidelines. Examples include return on total capital report and default rick change analysis. Performs other ad hoc requestsSkillsUndergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming or quantitative analysisAchievement of Fellowship in the Society of ActuariesMembership in the Society of Actuaries and American Academy of ActuariesAt least eight years Actuarial experience and Actuarial Council approvalDemonstrates the highest level of technical actuarial expertise in life insurance product mechanics and embedded options, pricing models, life pricing assumptions, valuation and non-forfeiture laws, tax code 7702, state life insurance regulationsLeadership, influence and communication skillsAbility to apply past actuarial experience to new product concepts and requirements, such as Principles Based ReservesExperience in Financial Services technologyExperience in Financial modelingExperience in Data strategyExperience in Insurance or financial services technologyExperience in Data platform modernizationExperience in Snowflake, SQL, or Databricks environmentsExperience in Cross-functional partnership with ITExperience in Strategic planning, business model innovation, and operational excellenceBenefitsMedical/dental/visionLife insuranceShort and long term disability coveragePaid 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 dateNine paid holidays8 hours of Lifetime paid time off8 hours of Unity Day paid time off401(k) with company matchCompany-paid pension planBusiness casual attireCompany OverviewNationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. It was founded in 1925, and is headquartered in Columbus, Ohio, USA, with a workforce of 10001+ employees. Its website is https://www.nationwide.com/life-insurance.jsp.

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