Actuarial Consultant - P&C Reserving (Mass Tort & Runoff)

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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 is seeking an Actuarial Consultant that will assist in developing actuarial reserve strategies of a complex nature for liability lines of business (general liability, auto liability, umbrella and mass torts) to be used by senior management for making business decisions and formulating business strategy. This role oversees and advances ground-up modeling for Asbestos, Pollution and other Mass Tort claims while collaborating with business partners and Actuarial leaders. You will serve as an advisor to Actuarial peers by providing actuarial analyses in support of influencing reserving decisions and strategies.
Mass tort and runoff reserving is an ideal area to work in if you want to exercise your judgement and creativity as the methods and techniques used here aren't standard and your great ideas can get implemented more easily. These large, long-tailed cases are important to the bottom line and your work is very visible.
In this position, you will enjoy a hybrid work schedule that consists of one day per week in one of our CNA offices with the option to work the remainder of your week remotely. Exam taking candidates can participate in our Actuarial Education Program which provides competitive study support and exam raises as you grow your skills.
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 and business partners to support a specific segment's strategy through the use of actionable insights and analytics.
• Provides support in determining reserving strategy for an assigned area. May create and modify existing tools/analytics as needed.
• Proactively monitors reserving and claim trends for Mass Tort and Runoff 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
Skills, Knowledge & Abilities

• Solid knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
• Demonstrated technical expertise and product specific knowledge.
• Strong analytical and problem solving skills with the ability to effectively resolve moderately complex situations and issues. Demonstrates attention to detail.
• Strong interpersonal and communication skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
• Ability to work independently and leads multiple moderately complex projects.
• Ability to make critical business decisions effectively within scope of authority.
• Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports.

Education & Experience

• Bachelor's Degree in a relevant discipline, or equivalent.
• Typically at least two years of related work experience.
• Typically close to or has achieved Associateship accreditation. May include those with their FCAS.

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CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .