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Job Analysis:
The role of Consultant, Risk Analytics at Nationwide is fundamentally about leveraging quantitative risk methodologies to inform strategic decision-making within the finance department. This position requires the individual to own and enhance multiple Tier 1 capital and risk models, which are critical for ensuring the organization’s financial stability. Responsibilities include leading the operation of the P&C Capital Liability Model, managing investment risk budgets, and conducting proprietary capital modeling, as well as producing risk reports for executive leadership. The candidate will face challenges such as navigating cross-departmental collaboration, ensuring the accuracy of complex models, and clearly communicating technical insights to both technical and non-technical audiences. Success in this role means effectively reducing risk exposure and influencing the organization's capital strategy through data-driven insights and innovative risk management solutions.
Company Analysis:
Nationwide is a major player in the diversified insurance and financial services industry, known for its strong reputation and commitment to customer-focused innovation. The company's stability as a Fortune 100 organization offers a level of security and potential for growth that is appealing for professionals entering or advancing in the field of risk analytics. Given Nationwide's emphasis on collaboration and learning, employees are likely to experience a culture that values intellectual curiosity and continuous development. The role fits within a broader organizational structure geared towards comprehensive risk management, working closely with teams in investments, actuarial sciences, and strategic initiatives, which positions it at the heart of the company’s operational decision-making processes. New hires are not just filling positions; they are expected to contribute to Nationwide's strategic goals related to capital management and risk mitigation, indicating that this is a growth-focused role aimed at enhancing financial performance and organizational resilience.