Actuarial Consultant - Specialty Pricing

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 seeks to offer a comprehensive and competitive benefits package to our employees that helps them - and their family members - achieve their physical, financial, emotional and social wellbeing goals.
For a detailed look at CNA's benefits, check out our Candidate's Guide .
Under technical direction performs actuarial studies of a moderately complex nature to be used in determining pricing and rating plans or reserve strategies for a product line or segment in P&C.
JOB DESCRIPTION:
Essential Duties & Responsibilities
  • Performs a combination of duties in accordance with departmental guidelines:
  • Performs actuarial calculations, moderately complex actuarial studies, and develops rates for existing and/or new business.
  • Leads multiple moderately complex projects and serves as a resource for others.
  • Participates in the development of pricing strategies and/or new pricing tools with a focus of driving profitability for a product line or segment.
  • Prepares or coordinates the preparation of the actuarial portions of financial statements and tax returns, which may include assisting in the financial close process.
  • Prepares or coordinates the preparation of standard reports, as well as, special reports for management.
  • Facilitates communication and provides guidance to Underwriting regarding the pricing of new and/or existing business and collaborates with other functional groups (e.g. Underwriting, Claim, Finance) on actuarial issues.
  • May prepare and submit rate filings and may contact regulatory and state agencies as necessary.
  • May participate in special projects.

Reporting Relationship
Director or above
Skills, Knowledge and Abilities
1. Solid knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
2. Demonstrated technical expertise and product specific knowledge.
3. Strong analytical and problem solving skills with the ability to effectively resolve moderately complex situations and issues. Demonstrates attention to detail.
4. Strong interpersonal and communication skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
5. Ability to work independently and leads multiple moderately complex projects.
6. Good time management with strong organizational skills and the ability to prioritize and manage work deliverables effectively.
7. Ability to exercise independent judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews.
8. Ability to adapt to change and value diverse opinions and ideas.
9. Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports.
10. Solid knowledge of Microsoft Office Suite and other business-related software systems, including processing systems and applications.
#LI-KP1
#LI-Hybrid
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .
Apply Now

Date Posted

10/10/2022

Views

3

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