Actuarial Analyst L&H

CNA Insurance • Chicago, IL

1d • $47,000 - $78,000 • Hybrid

About The Position

Under broad supervision, provides actuarial support, analytics and research for the Long-Term Care block of business. This position also participates in CNA's Actuarial Education Program which provides competitive study support while developing actuarial knowledge through credentialing exams.

Requirements

• Knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
• Developing technical expertise and product specific knowledge.
• Good analytical and problem-solving skills with the ability to effectively resolve simple to moderately complex situations and issues; demonstrates attention to detail.
• Good interpersonal and communications skills. Ability to effectively interact with CNA’s internal and external business partners.
• Ability to work independently as well as in a team.
• Good time management and organizational skills with the ability to prioritize and complete work and/or projects effectively.
• The ability to exercise independent judgment and make sound business decisions.
• Ability to adapt to change and value diverse opinions and ideas.
• Knowledge of computer applications, including Microsoft Office Suite and other business-related software
• Bachelor's Degree in a relevant discipline, or equivalent.
• Typically, a minimum of one to three years related experience, which can include progress toward actuarial accreditation of one to three successfully completed SOA exams.

Nice To Haves

• Knowledge of programming and/or data visualization tools such as Alteryx, Tableau, SAS/SQL/R, or experience with cloud based data platforms or actuarial valuation systems.
• Progress toward SOA credentials through successful completion of one or more actuarial exams.

Responsibilities

• Performs a combination of duties in accordance with departmental guidelines:
• Analyzes financial, statistical and mathematical data and performs actuarial calculations to identify trends driving business outcomes.
• Assists in the execution of rate increase strategies, calculation of reserves and/or cash flow projections to support the monthly close process or supports the annual reserve and asset adequacy testing process for the LTC block of business.
• Collaborates with business partners to gather information and assists with the preparation of material for meetings.
• Contributes to monitoring experience trends and providing analytical insights into Long Term Care.
• Assists in preparing variety of standard and special reports for management as needed.
• Accountable for maintaining robust documentation.
• May perform additional duties as assigned.

Benefits

• competitive study support
• comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level