Actuarial Consultant - Pricing

CNA • Chicago, IL

1d • $97,000 - $137,500 • Hybrid

About The Position

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. As an Actuarial Consultant at CNA, you will assist in developing actuarial pricing and rating plans. This position collaborates with business partners and Actuarial leaders. You will serve as an advisor to Actuarial peers by providing actuarial analyses in support of influencing pricing decisions and long term pricing, claim, underwriting, reserving decisions and strategies. 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: Collaborates with business partners and functional subject matter experts, provides actuarial input as needed. Partners with peers, business partners and leaders to support a specific segment's strategy through the use of actionable insights and analytics. Provides support in determining pricing/reserving strategy for an assigned area. May create and modify existing tools/analytics as needed. Proactively monitors trends and shares results with actuarial leaders and peers. Provides support to less experienced team members and help to manage projects as needed. Stays up to date in actuarial expertise and industry trends and development. Produces standard and special reports as needed. May perform additional duties as assigned. Reporting Relationship Director or above

Requirements

• Solid knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
• Demonstrated technical expertise and product specific knowledge.
• Ability to effectively interact with all levels of CNA’s internal and external business partners sometimes influencing decisions.
• Strong analytical and problem solving skills with the ability to effectively resolve moderately complex situations and issues.
• Demonstrates attention to detail.
• Ability to make critical business decisions effectively within scope of authority.
• Ability to work independently and as a team, can manage multiple moderately complex projects.
• Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports.
• Bachelor's Degree in a relevant discipline, or equivalent.
• Typically a minimum of four years of related work experience.
• Typically at least three to five successfully completed CAS exams.
• May include those with their Associateship.

Responsibilities

• Collaborates with business partners and functional subject matter experts, provides actuarial input as needed.
• Partners with peers, business partners and leaders to support a specific segment's strategy through the use of actionable insights and analytics.
• Provides support in determining pricing/reserving strategy for an assigned area.
• May create and modify existing tools/analytics as needed.
• Proactively monitors trends and shares results with actuarial leaders and peers.
• Provides support to less experienced team members and help to manage projects as needed.
• Stays up to date in actuarial expertise and industry trends and development.
• Produces standard and special reports as needed.
• May perform additional duties as assigned.

Benefits

• 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 .

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees