Actuarial Analyst

At Nationwide Mutual Insurance, we are looking for an Actuarial Analyst to join our team. This role is crucial to our success and the ideal candidate will have a passion for mathematics, problem solving, and insurance. The successful candidate will be comfortable working in a fast-paced environment and have the ability to multitask effectively.The Actuarial Analyst will be involved in a variety of tasks related to actuarial and enterprise risk management. They will be part of a team that develops and implements pricing strategies, monitors and evaluates financial risks, and provides advice on product design and development.To be successful in this role, you must possess a bachelor’s degree in actuarial science, mathematics, statistics, or a related field. In addition, you must have at least one year of experience in the insurance industry. We are looking for someone with excellent analytical skills, strong communication skills, and a commitment to accuracy and detail. Being a team-player is also essential. If you have a passion for insurance and problem-solving and are interested in developing your career in the actuarial field, we encourage you to apply.

Responsibilities of an Actuarial Analyst:

1. Develop and implement pricing strategies for insurance products.
2. Monitor and evaluate financial risks associated with insurance products.
3. Provide advice on product design and development.
4. Analyze actuarial and enterprise risk management data.
5. Perform data analysis to identify trends and opportunities.
6. Prepare detailed reports and presentations to communicate findings.
7. Maintain accurate records and documents.
8. Participate in team meetings and brainstorming sessions.
9. Assist in the development of new products and services.
10. Stay up-to-date on industry trends, best practices, and regulations.

According to JobzMall, the average salary range for a Actuarial Analyst in Minneapolis, MN, USA is $66,000 - $128,000 per year. This range can vary depending on experience, education, and other factors.

Nationwide Mutual Insurance Company and affiliated companies, commonly shortened to Nationwide, is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. The company also operates regional headquarters in Scottsdale, Arizona; Des Moines, Iowa and San Antonio, Texas.