Actuarial Sr Consultant - Commercial Lines Reserving

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 technical expert, this Actuarial Senior Consultant role develops and recommends actuarial reserve strategies of a complex nature for commercial lines of business (e.g., workers compensation, property, general liability, auto liability and umbrella) to be used by senior management for making business decisions and formulating business strategy.
This role oversees and advances reserving techniques for commercial lines. May participate in the development and implementation of corporate-wide initiatives, and may lead special projects.
JOB DESCRIPTION:
Essential Duties & Responsibilities

• Performs complex actuarial calculations and actuarial studies.
• Determines reserve recommendations for an assigned area and analyzes existing tools, modifying or creating new tools, as needed.
• Monitors the profitability and trends for a product line or segment.
• Ensures accuracy of all financial reports and statements, which may include participation in the financial close process.
• Produces highly technical reports and communicates with other analytical staff and management including presentations to senior management.
• Manages project teams and responsible for special projects and presentations.
• Facilitates communication and partners with other functional groups (e.g., Claims, Finance) on actuarial issues.
• Provides guidance to less experienced team members and may lead and/or participate in special projects.
• Stays up to date in functional area of expertise, on industry trends and developments, and assures knowledge transfer within the organization.

May perform additional duties as assigned.
Reporting Relationship
Director or above
Skills, Knowledge and Abilities
1. Strong knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
2. Advanced actuarial technical expertise and product specific knowledge.
3. Strong interpersonal, communication and presentation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
4. Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex situations and issues
5. Solid project management, organization, and planning skills with the ability to manage multiple projects effectively and lead teams.
6. Ability to exercise independent judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews.
7. Ability to solve issues with a sense of urgency; utilizes and manages the available resources to make informed decisions and achieve superior results.
8. Ability to creatively and effectively manage through ambiguous and challenging problems, leads through change and takes appropriate levels of risk.
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.
Education and Experience
1. Bachelor's Degree in a relevant discipline, or equivalent.
2. Typically a minimum of seven years of related work experience.
3. Typically has their Associate accreditation (ACAS), and may be working towards Fellowship; may include those that have attained 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] .