Actuarial Senior Consultant – Healthcare Pricing (Medical Malpractice)

About the role

As a member of CNA’s Actuarial organization, you will help shape the pricing strategy for CNA's Medical Professional Liability portfolio across a diverse range of healthcare segments, including Dentists, Nurses, Physicians, Aging Services, and Allied Facilities. Working closely with business partners and senior actuarial leaders, you will develop analyses and recommendations that directly influence pricing decisions and long-term business strategy. You'll gain broad exposure to the business while developing healthcare expertise and strengthening your technical, strategic, and communication skills. Prior healthcare pricing experience is a plus, but not required.

This position offers a hybrid work schedule consisting of one day per week in one of our CNA offices with the option to work remotely the remainder of the week. Exam-taking candidates can participate in our Actuarial Education Program, which provides competitive study support and exam raises as you grow your skills.

Responsibilities

• Establish relationships with business partners and functional subject matter experts, providing actuarial guidance as needed.
• Build strong relationships with peers, business partners, and leaders to influence a specific segment's strategy through actionable insights and analytics.
• Provide analyses and insights to assist in determining pricing strategy for Healthcare Pricing.
• Create and modify existing tools/analytics as needed.
• Proactively monitor profitability/reserving and claim trends for Healthcare Pricing and share results with recommendations to leaders and underwriting partners.
• Provide guidance to less experienced team members and manage projects as needed.
• Produce highly technical actuarial analyses and reports, communicating findings to analytical staff and management.
• Stay up to date in actuarial expertise and industry trends and development.
• Drive innovation in processes while maintaining clear documentation of methods.
• Leverage Artificial Intelligence (AI) to improve efficiency and enhance analytical capabilities.
• Perform additional duties as assigned.

Requirements

• 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 who have attained their FCAS).

Skills & Abilities

• 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 resolve complex situations and issues.
• Solid project management skills with the ability to manage multiple priorities effectively and lead teams.
• Ability to make critical business decisions effectively within the scope of authority.
• Ability to creatively and effectively manage through ambiguous and challenging problems, leading through change.

Pay

In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York, and Washington, the national base pay range for this job level is $72,000 to $141,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications, and location.

Benefits

CNA offers a comprehensive and competitive benefits package to help employees—and their family members—achieve their physical, financial, emotional, and social well-being goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.

Schedule

Hybrid work schedule: one day per week in a CNA office with the remainder of the week remote.