Actuarial Senior Consultant – Pricing (Healthcare Medical Malpractice)

You have a clear vision of where your career can go. 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 member of CNA’s Actuarial organization, you will join 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.

About the role

In this role, 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.

Exam-taking candidates can participate in our Actuarial Education Program, which provides competitive study support and exam raises as you grow your skills. This position works a flexible, hybrid schedule from a CNA Actuarial Hub Location including Chicago, IL; Radnor, PA; Warren, NJ; New York City, NY; and Walnut Creek, CA.

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; may 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; communicate findings to other analytical staff and management.
• Stay up to date on 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 or FCAS certification.

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 effectively 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 Illinois, New York, and California, the average base pay range for a Senior Actuarial Consultant is $134,500 to $190,500. 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.