Actuary

At Nationwide Mutual Insurance, we are looking for an Actuary who is highly motivated, analytical, and has a strong technical aptitude. Our ideal candidate should have a strong understanding of actuarial principles and a passion for problem-solving. We value creative thinking and an eye for detail.The successful candidate must possess a Bachelor’s degree in mathematics, statistics, actuarial science or a related field, as well as a minimum of three years of professional experience in actuarial sciences. Additionally, the Actuary must have Associate of the Society of Actuaries (ASA) designation and a thorough knowledge of actuarial principles, methods, and techniques. The Actuary must also demonstrate strong written and verbal communication skills, as well as the ability to work cross-functionally and collaborate with other departments. If you have the qualifications needed to excel in this role, we look forward to hearing from you!

Responsibilities:

1. Analyze and interpret data to assess potential risk and design appropriate actuarial models for pricing and reserving
2. Perform actuarial calculations and develop spreadsheets and other documents to illustrate results
3. Implement and monitor actuarial assumptions and processes
4. Prepare and analyze experience studies
5. Develop rate indications and pricing models
6. Monitor and evaluate the performance of actuarial models
7. Assist in the design and implementation of new products
8. Participate in the development of actuarial rate filing packages
9. Provide actuarial advice and technical guidance to other departments
10. Respond to inquiries from regulatory bodies
11. Develop and maintain a thorough knowledge of actuarial principles, methods, and techniques
12. Maintain a strong understanding of industry trends and developments
13. Proactively identify potential areas of risk and develop mitigation plans
14. Ensure accuracy of financial data and actuarial models
15. Utilize creative thinking and an eye for detail to develop innovative solutions to complex problems
16. Develop and maintain positive relationships with internal and external stakeholders
17. Demonstrate excellent written and verbal communication skills

According to JobzMall, the average salary range for a Actuary in Brea, CA, USA is $64,000 to $132,000. This range represents the average salary of all Actuaries in the area, including those with experience ranging from entry-level to more advanced positions. The average salary for entry-level Actuaries in Brea, CA is $64,000, while more experienced Actuaries earn an average salary of $132,000.

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.