Consultant, Risk Analytics

Consultant, Risk Analytics page is loaded

Consultant, Risk Analytics

Apply

locations

Ohio - Columbus Metro

time type

Full time

posted on

Posted 2 Days Ago

job requisition id

87048

As a team member in the Finance and Internal Audit department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor and so much more. 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. Internal Comp Grade is G5
Nationwide , a Fortune 100 insurance and financial services company, is seeking a

Consultant, Risk Analytics

for our Enterprise Risk Management, Risk Data and Analytics Team. We are on a mission to revolutionize how data and analytics drive our operational risk management strategies. As a Consultant, Risk Analytics, you will play a pivotal role in transforming how Nationwide uses data and analytics to strengthen our operational risk management capabilities.
We are seeking a seasoned risk professional with a robust understanding of governance, risk and control concepts. This role requires a strategic thinker who can navigate a complex environment and apply an analytical approach to managing operational risk. While technical acumen is also important in this role, a proven track record in leading risk management initiatives is paramount.
Key Responsibilities

1. Lead ERM Assessments

Conduct thorough risk assessments, focusing on the most impactful risks to our enterprise.
Collaborate with cross-functional teams to evaluate the maturity of our risk management practices and recommend improvements.
2. Govern the Enterprise GRC Application

Oversee changes and enhancements to our Governance, Risk, and Compliance (GRC) application.
Manage data hierarchies, workflows, and other critical elements to ensure seamless integration of risk management processes within the application.
3. Risk Management Convergence

Partner closely with risk programs across the organization to drive coordination, consistency and alignment in risk mitigation efforts.
Facilitate the convergence of risk management practices, fostering collaboration and knowledge sharing.
4. Design and Manage Risk Analytics

Create insightful reports and dashboards that provide actionable insights to stakeholders.
Collaborate with data scientists and analysts to extract meaningful patterns from our risk data.
If you are passionate about leveraging data and analytics to drive operational risk management strategies, we would love to hear from you. Join us at Nationwide and help us revolutionize the way we manage risk.
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 transforming 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 Consultant, you'll be responsible for the creation and management of risk analytics projects to solve business problems and achieve objectives. You’ll work consultatively with your leadership and business partners to match quantitative analysis with business needs. We’ll count on you to be the key point of contact linking business goals to technical research. It’s imperative that you have both a working knowledge of quantitative analytics and a clear understanding of business needs. You will need to confident articulating solutions to many levels of leadership.

Job Description
Key

Responsibilities:
Understands and assesses key business needs and responsible for developing the appropriate quantitative modeling solutions to these needs.

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

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

Collaborates with teams across the enterprise to ensure that consistent model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld throughout the organization.

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

Develops, tests, implements and administers complex 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, seven or more years of related work experience in financial risk modeling or actuarial functions.
Knowledge, Abilities and Skills:

Proven knowledge of processes and functions spanning the insurance and risk management cycle. Understands machine learning, stochastic processes, Monte Carlo simulations, sampling methods and other statistical techniques applicable to specialized risk modeling. Confirmed mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc. Advanced understanding of risk management operations such as asset-liability management, portfolio risk assessment, hedging, etc. Strong communication and presentation skills. Advanced 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 hiring manager’s leader and Human Resources Business Partner.
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.
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.

About Us

At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can

feel

the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we're a great place to work

, too, and let us know –

can you see yourself at Nationwide

?
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.

#J-18808-Ljbffr