Nationwide is looking to solve business problems and objectives by creating and managing risk analytics projects. The role serves as a conduit between quantitative risk analysts and business partners, translating quantitative data analysis into meaningful insights that drive business results.
Requirements
- Strong programing skills including Python, Spark, SQL, or similar programming languages
- Demonstrated expertise in data engineering, with hands-on experience using tools such as Databricks, Azure, or AWS to design, build, and optimize scalable data pipelines and workflows.
- Strong ability to manipulate and work with large datasets
- 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.
Responsibilities
- Develop new and enhance current risk models and applications for Nationwide’s investment portfolios that include Fixed Income, Equity, Alternatives, and Derivatives
- Develop quantitative analytics and signals using advanced statistical, quantitative, or econometric techniques to enhance portfolio risk management and optimize portfolio construction
- Perform advanced quantitative analyses and model development, proactively identify emerging risks, and develop tools & applications to enhance the investment and risk management process
- Research the best industry practice in risk management and portfolio management, develop insightful risk analytics, and formulate potential hedging recommendations
- Conduct scenario analysis/Stress Test/Cycle Analysis/Factor Analysis/Performance Attribution to provide insights on portfolio risks/returns, asset allocation, and sector allocation
- Proactively owns the strategic development of appropriate quantitative modeling solutions.
- Builds risk analytic strategies for business problems through collaborating, consulting and driving expectations.
Other
- This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program.
- A self-starter with ability to get things done independently in a team environment.
- Proven analytical, mathematical, and problem-solving skills
- CFA, FRM, or other similar professional designation desired
- Excellent interpersonal and communication skills with the ability to explain complex issues in a concise and understandable manner
