Specialist, Capital Forecasting

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Overview

The Specialist, Risk & Capital Management role is part of Nationwide’s Enterprise Risk Management team, specifically within the Rating Agency Management and Capital Forecasting group. This team plays a critical role in safeguarding Nationwide’s financial strength by ensuring robust capital planning and maintaining strong ratings with external agencies. The position focuses on Property & Casualty (P&C) capital modeling—providing insights into capital adequacy, supporting strategic decision-making, and delivering transparency to senior leadership and external stakeholders.

Key Responsibilities

• Produce and maintain P&C capital metrics, including quarterly Return on Capital (RoC) and multiple views of capital for the P&C business.
• Develop and deliver reporting decks for senior leadership, rating agencies, and regulatory bodies, ensuring clarity and accuracy.
• Continuously monitor and enhance risk and capital management frameworks to support enterprise-wide financial resilience.
• Collaborate with Finance, Risk, and Actuarial teams to ensure consistency in capital assumptions and reporting standards.
• Identify opportunities to improve reporting efficiency and evolve processes toward insight-driven analysis.

Required Qualifications & Skills

• Education: Bachelor’s degree in Finance, Accounting, Economics, Mathematics, or related field; advanced degree preferred.
• Experience: Minimum 3 years in corporate finance, capital management, or risk analytics; insurance industry experience is a plus.
• Technical Skills: High proficiency in Excel (including formulas, VLOOKUPs, and data analysis); familiarity with enterprise reporting tools.
• Certifications: Progress toward CFA, FCAS, FSA, CQF, or similar designation preferred.
• Other Skills: Strong analytical ability, attention to detail, and excellent communication skills for both technical and non-technical audiences.

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.  

It is our intention to fill this role in Columbus, OH. The hired associate must reside within 35 miles of One Nationwide Plaza, Columbus OH, 43215.

This position will be hired on a SuccessFlex basis. You will be required to come into the office two days per week.

Internal Compensation Grade: F4

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Job Description Summary

Do you have the desire to play a critical role in driving data-based business outcomes? Nationwide has been using data to serve our members and drive business outcomes for almost 100 years. Our industry-leading workforce accepts an agile work environment and a collaborative culture to deliver outstanding solutions and results. Our Risk Analytics professionals play a key role in redefining quantitative data analysis into meaningful insights that drive business results. Specifically, they serve as the conduit joining quantitative risk analysts to business partners.
As a Specialist, you’ll work on various risk analytics projects to help solve diverse business problems. You’ll continue building a foundation of business understanding and relationships. It’s imperative that you have experience with quantitative analytics and that you are able to clearly articulate solutions.

Job Description

Key Responsibilities:

• Understands and assesses key needs and is responsible for developing the appropriate quantitative modeling solutions. 

• Collaborates with departments across the organization or business functions to support strategic goals, objectives, and initiatives. 

• Builds risk analytic solutions for business problems through collaborating, consulting and driving expectations.

• Collaborates with partners and teammates to ensure that consistent model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld. 

• Crafts clear and concise summaries of findings and recommendations with support. Uses impactful storylines and data visualization geared to both technical and non-technical audiences.

• Develops, tests, implements and administers sophisticated quantitative modeling processes and tools.

• Evaluates and ranks quantitative solutions to business problems.

• Communicates the key benefits and limitations of sophisticated modeling tools for business applications. 

• Works across teams to ensure governance of modeling tools are applied consistently. 

May perform other responsibilities as assigned. 

Reporting Relationships: Reports to Risk/Actuarial leader. 

Typical Skills and Experiences: 

Education: Undergraduate studies in finance, accounting, economics, statistics, mathematics or related subject area required. Graduate-level studies in a related field with advanced degree highly desirable. 

License/Certification/Designation: Progress toward FCAS, FSA, CQF, CFA or similar preferred.

Experience: Typically, three or more years of related work experience in financial risk modeling or actuarial functions. 

Knowledge, Abilities and Skills: Basic knowledge of machine learning, stochastic processes, Monte Carlo simulations, sampling methods and other statistical techniques applicable to specialized risk modeling. Basic mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc. Basic knowledge of risk management operations such as asset-liability management, portfolio risk assessment, hedging, etc. Ability to communicate technical concepts to peers and direct supervisor. Proficient written and verbal communications skills. Proficiency with Excel and Powerpoint. 

Other criteria, including leadership skills, competencies and experiences may take precedence. 

Staffing exceptions to the above must be approved by the CFO, or the HR leader.

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

We currently anticipate accepting applications until 01/29/2026. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid 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 date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

This position could be filled within any of the lower 48 U.S. states.

Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.

For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Specialist, Risk Analytics : $88,000.00-$164,000.00

The expected starting salary range for Specialist, Risk Analytics : $88,000.00 - $132,000.00