Senior Actuarial Consultant - Pricing (Middle Market & Construction)

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

As a member of CNA’s Actuarial organization, you will be part of a community that provides deep specialization and discipline as trusted advisors, unlocks data to enable business partners to advance our global market strategy, and drives business solutions through actionable analytics and insights.

Consider this unique actuarial opportunity assisting in support of the Middle Market and Construction business units. This position requires strong data and technical skills to complete deep analyses focused across lines of business to help influence strategies for the total business unit. Ability to collaborate with line of business pricing actuaries is essential. Collaboration and effective communication with business partners required. Determining impacts of strategies across multiple lines and ways to monitor are also essential to this role.

For those candidates still sitting for exams, you will participate in our Actuarial Education Program which provides competitive study support and exam raises.

This position works a hybrid schedule from a CNA Actuarial Hub Location including Chicago, IL; Radnor, PA; Warren, NJ; New York City, NY and Walnut Creek, CA.

JOB DESCRIPTION:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

• Establishes relationship with business partners and functional subject matter experts, provides actuarial guidance as needed.
• Builds strong relationships with peers, business partners and leaders in order to influence a specific segment's strategy through the use of actionable insights and analytics.
• Provides analyses and insights to assist in determining pricing strategy. May create and modify existing tools/analytics as needed.
• Proactively monitors profitability/reserving and claim trends for multiples lines of business into work products and shares results with recommendations to leaders and underwriting partners/ claim, underwriting and pricing business partners.
• Provides guidance to less experienced team members and manages projects as needed.
• Produces highly technical actuarial analyses and reports, standard and special reports as needed. Communicate findings to other analytical staff, management, and business partners.
• Stays up to date in actuarial expertise and industry trends and development.
• Drives innovation in processes while maintaining clear documentation of methods.
• Continually improve processes and maintain clear documentation of methods.
  
  
  

May perform additional duties as assigned.

Reporting Relationship

Director or above

Skills, Knowledge & Abilities

• Strong knowledge of core functions of an insurance company and actuarial and statistical concepts.
• Advanced actuarial technical expertise and product specific knowledge.
• Ability to effectively to communicate and influence using analyses at various levels, including senior leadership.
• Experience building successful business partnerships.
• Strong analytical, critical thinking and problem solving skills with the ability to effectively resolve complex situations and issues.
• Solid project management skills with ability to manage multiple priorities effectively and lead teams.
• Ability to make critical business decisions effectively within scope of authority.
• Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports.
• Ability to creatively and effectively manage through ambiguous and challenging problems, leads through change.
  
  
  

Education & Experience

• Bachelor’s Degree in a relevant discipline, or equivalent.
• Typically a minimum of seven years of related work experience.
• ACAS designation and working towards FCAS. May include those that have attained their FCAS.
• Previous business facing role experience, a plus
  
  
  

In Illinois/New York/California, the average base pay range for a Senior Actuarial Consultant is $134,500 to $190,500. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $72,000 to $141,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com.