AVP, Actuarial Modernization - Property & Casualty

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! 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. Please Note: Qualified applicants may perform this role remotely from locations within the United States. Periodic travel to headquarters is expected. Job Description Summary The executive will fill the role of business delivery executive and program business lead, leading the Actuarial Modernization program from a P&C business perspective. In this capacity, the candidate will have accountability for the successful implementation of Actuarial Modernization, including leading the strategic redesign of the P&C Actuarial Operations and talent initiatives across the actuarial workforce. Additionally, this role will oversee the implementation of updated data, modeling and analysis technology used in a well-governed and risk-managed environment to support our increasingly complex business. Job Description Key Responsibilities: • Leads the strategy to redesign P&C Actuarial operations, tools / platforms, and talent models to optimize processes, roles, and responsibilities across the function. Develops workforce strategies to evolve the P&C actuarial profession in the areas of recruitment, professional development, and retention to attract, develop and retain an industry-leading actuarial team. • Fulfill responsibilities of business delivery executive for the Actuarial Modernization program, leading a program team to design and implement solutions that can meet the needs of the business and leveraging IT where possible. Specifically, leads the program team through making business needs and challenges transparent and ensuring prioritization and program decisions support the goals of the program. • Fulfill responsibilities of program business lead, responsible for properly connecting individual work streams and projects, ensuring that individual project goals and outcomes connect to result in the overall benefits that the program is seeking. Working with Program Requirements lead, ensure overall integrity and consistency of business goals and process definitions, allowing for well-designed requirements, design, and implementation. • Working with Organizational Change Management, identify organizational change impact and training needs, change management strategy, and lead organization change management (including communication) strategies ensuring that users are prepared to accept and efficiently use new processes and technologies. • Oversee transition to new target operating model using a new model platform, including model risk management in line with Enterprise standards, supported by model transition team. • Oversee implementation of data governance in line with Enterprise standards and use of newly created data infrastructure, supported by data governance and data work stream leads. May perform other responsibilities as assigned. Reporting Relationships: Reports to VP, P&C Actuarial Modernization. Manages a team 4 or more associates. As program leader, have oversight over work stream and project teams with dedicated NW resources. Responsible for consultant engagements throughout program. Typical Skills and Experiences: Education: The candidate should have a BS degree or greater License/Certification/Designation: FCAS designation is preferred Experience: The candidate would have 15 plus years of experience in the field of modeling, risk management, financial projections, valuation, product development or other key actuarial functions. Knowledge, Abilities and Skills: Strategic thinking - ability to identify needs of the organization and develop a multi-year strategic plan. Partnership / Collaboration - strong demonstrated ability to collaborate across teams and influence to achieve goals Leadership - ability to attract, hire and develop strong talent. Communication skills - strong verbal and written communication skills, including the ability to build and defend a business case, provide executive level recommendations and reporting. Actuarial / Financial acumen & analytical skills - Demonstrated ability to comprehend/explain actuarial concepts and other advanced technical concepts. Ability to assimilate information and make recommendations based on a combination of factors. Technical skills - foundational knowledge of technology and actuarial data and tools; advanced modeling experience preferred. Other criteria, including leadership skills, competencies and experiences may take precedence. Staffing exceptions to the above must be approved by the hiring manager s leader and HR Business Partner. Values: Regularly and consistently demonstrates Nationwide Values. Job Conditions: Overtime Eligibility: Not Eligible (Exempt) W...