Senior Actuarial Consultant, Property/Marine Pricing

CNA • Warren, NY

4d • $130,500 - $185,000 • 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. Due to an internal promotion, CNA Insurance is seeking a Senior Actuarial Consultant who will develop and recommend actuarial pricing and rating plans of a complex nature for CNA's property/marine lines. Key responsibilities include the annual profitability review, trend analyses, CAT management initiatives, reinsurance placement support, rating plan work, and rate change reviews. In this role you will collaborate with business partners at all levels and Actuarial senior leaders. You will serve as a trusted advisor to provide actuarial analyses and insights to support across technical and non-technical audiences and influence pricing decisions and long term pricing strategies. This is a great opportunity for candidates seeking pricing experience in a challenging, dynamic line of business. 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 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 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 for property/marine lines.
• May create and modify existing tools/analytics as needed.
• Proactively monitors profitability for property/marine lines and shares results with recommendations to leaders and underwriting business partners.
• Provides guidance to less experienced team members and manages projects as needed.
• Produces highly technical actuarial analyses and reports.
• Communicates 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 .

What This Job Offers

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