Actuary

At Nationwide Mutual Insurance, we are looking for an experienced, passionate, and driven Actuary to join our team. The Actuary will bring their extensive knowledge of actuarial science to analyze and develop life and health insurance products and pricing. The ideal candidate must have a Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field. In addition, they must have a minimum of 3-5 years of experience in a similar role. Professional actuarial designations such as ASA, FSA or CERA are also a plus. The successful candidate will have a strong understanding of actuarial principles, experience with actuarial concepts, regulatory requirements, and data analysis. Additionally, they must possess excellent problem solving, communication, and organizational skills. This is an excellent opportunity to join a stable, established organization and make a difference in the lives of our customers. If you are an experienced Actuary with the qualifications listed above, we want to hear from you!

Responsibilities:

1. Analyze and develop life and health insurance products and pricing.
2. Utilize actuarial principles and concepts in order to meet regulatory requirements.
3. Collaborate with other teams to ensure the successful completion of projects.
4. Conduct data analysis to identify trends and potential risks associated with new products.
5. Design and implement actuarial techniques to analyze the profitability of existing and proposed products.
6. Stay up-to-date on industry trends and regulations.
7. Develop reports to present to stakeholders.
8. Provide guidance and mentorship to junior team members.

According to JobzMall, the average salary range for a Actuary in Chicago, IL, USA is $76,000 to $121,000. This range is based on salary data collected from employers and anonymous employees in Chicago, IL, USA. The salaries provided are for base salary only, and do not include any additional compensation. The range also varies greatly depending on the experience of the Actuary, the industry, and the size of the company.

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.