Actuarial Analyst - Pricing (Property/Marine)

CNA · Chicago, IL

Company

CNA

Location

Chicago, IL

Type

Full Time

Job Description

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.
CNA Insurance is seeking an Actuarial Analyst to provide actuarial support and research for Commercial Pricing -Property and Marine. Key responsibilities in this role include the annual profitability review, trend analyses, CAT management initiatives, reinsurance placement support, rating plan work, and rate change reviews. This position places a heavy emphasis on actionable insights and analytics, team collaboration, and regular business partner interactions.
In this role you will also participate in CNA's Actuarial Education Program which provides competitive study support while developing actuarial knowledge through credentialing exams.
In this position, you will enjoy a hybrid work schedule that consists of one day per week in one of our CNA Actuarial Hub offices (Chicago, IL; New York City, NY; Warren, NJ; Radnor, PA; and San Francisco, CA) with the option to work the remainder of your week remotely.
JOB DESCRIPTION:
Essential Duties & 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 determination of pricing, reserves and/or cash flow projections to support pricing strategies or quarterly reserve reviews.
  • Collaborates with business partners to gather information and assists in preparation of material for meetings.
  • Contributes to monitoring trends and recommendation development within a specific product line or business segment.
  • Assists in preparing variety of standard and special reports for management as needed.
  • Accountable for maintaining documentation of methods.

May perform additional duties as assigned.
Reporting Relationship
Director or above
Skills, Knowledge & Abilities
  • Knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
  • Good analytical and problem solving skills with the ability to effectively resolve simple to moderately complex situations and issues. Demonstrates attention to detail.
  • Ability to effectively interact with all levels of CNA's internal and external business partners.
  • The ability to exercise independent judgment and make sound business decisions effectively based on developing actuarial concepts, analyses.
  • Ability to adapt to change and value diverse opinions and ideas.
  • Good time management and organizational skills with the ability to prioritize and complete work and/or projects effectively.

Education & Experience
  • Bachelor's Degree in a relevant discipline, or equivalent.
  • Entry level (typically up to two years of experience), which includes progress toward actuarial accreditation of one to three successfully completed CAS exams.

#LI-KP1
#LI-Hybrid
In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In California, Colorado, Connecticut, New York and Washington, the national base pay range for this job level is $44,000 to $74,000 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 [email protected] .
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Date Posted

09/01/2023

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