Actuary/Senior Actuarial Analyst, Pricing

About the Role

As a Senior Actuarial Consultant - Reserving (Medical Malpractice) at CNA, you will be part of a dynamic team that provides deep specialization and discipline as trusted advisors. You will develop and recommend actuarial reserve strategies for CNA’s Healthcare medical malpractice and Surety books of business, collaborating with business partners and senior leaders. This role offers a great opportunity to broaden your experience in these complex, long-tailed lines of business.

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 strategy through actionable insights and analytics.
• Provide analyses and insights to assist in determining reserving strategy for Healthcare & Surety and complete quarterly reserve reviews.
• Proactively monitor reserving and claim trends for Healthcare & Surety, sharing results and recommendations with senior leaders and business 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 with actuarial expertise, industry trends, and developments.
• Drive innovation in processes while maintaining clear documentation of methods.

Qualifications

• Bachelor’s Degree in a relevant discipline or equivalent.
• Typically a minimum of seven years of related work experience (lower experience levels may be considered, with position level determined based on qualifications).
• ACAS designation and/or working towards FCAS (may include those who have attained FCAS).

Skills

• Strong knowledge of core insurance company functions and actuarial/statistical concepts.
• Advanced actuarial technical expertise and product-specific knowledge.
• Effective communication and influence skills across various levels, including senior leadership.
• Experience building successful business partnerships.
• Strong analytical, critical thinking, and problem-solving skills.
• Solid project management skills with the ability to manage multiple priorities and lead teams.
• Ability to make critical business decisions within scope of authority.
• Creativity in managing ambiguous and challenging problems.

Pay

In Illinois/New York/California, the average base pay range for this role is $100,000 to $190,500. In other jurisdictions (District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York, and Washington), the national base pay range is $72,000 to $141,000. Salary determinations are based on factors such as relevant work experience, skills, certifications, and location.

Location

This position offers a flexible, hybrid schedule at one of the following CNA actuarial hub office locations: Chicago, IL; Radnor, PA; Warren, NJ; New York City, NY; or Walnut Creek, CA.

Additional Information

Exam-taking candidates can participate in CNA’s Actuarial Education Program, which provides competitive study support and exam raises. CNA offers a comprehensive benefits package to support employees’ wellbeing. For more details, visit cnabenefits.com.