Senior Actuarial Consultant - Pricing (Professional Services E&O)

CNA • Warren, NJ

21h • $134,500 - $190,500 • 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. This role offers extensive opportunities to partner with the business, shaping and refining strategy through a rigorous, data-driven pricing lens. The individual will be expected to translate analytical insights into clear recommendations and actively influence business outcomes. Success in this role requires close collaboration with internal and external business partners, as well as actuarial senior leadership. We are seeking candidates with strong problem-solving capabilities who can navigate complex and ambiguous issues, apply sound judgment, and determine the appropriate course of action. The role demands the ability to develop practical, actionable recommendations that guide business partners toward informed decision-making. Exam taking candidates can participate in our Actuarial Education Program which provides competitive study support and exam raises as you grow your skills. This position works a hybrid work schedule of two days per week at one of our CNA actuarial hub office locations including Chicago, IL; Radnor, PA; Warren, NJ; New York City, NY or Walnut Creek, CA.

Requirements

• 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 creatively and effectively manage through ambiguous and challenging problems, leads through change.
• 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.

Responsibilities

• 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 and claim trends for Accountants, Lawyers, Architects and Engineers, Condominium D&O, and Real Estate E&O 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. Communicate findings to other analytical staff and management.
• 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.

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 .
• CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees