Senior Actuarial Consultant - Reserving (Medical Malpractice)

Job Description

Essential Duties & Responsibilities:

• Establishes relationship with business partners and functional subject matter experts, provides actuarial guidance as needed.
• Builds strong relationships with peers, business partners and leaders in order to influence a specific segment's strategy through the use of actionable insights and analytics.
• Provides analyses and insights to assist in determining reserving strategy for Healthcare & Surety and completes quarterly reserve reviews.
• Makes modifications to existing tools/analytics as needed.
• Proactively monitors reserving and claim trends for Healthcare & Surety and shares results with recommendations to senior leaders and claim, underwriting and pricing business partners.
• Provides guidance to less experienced team members and manages projects as needed.
• Produces highly technical actuarial analyses and reports.
• Communicate findings to other analytical staff and management.
• Stays up to date in actuarial expertise and industry trends and development.
• Drives innovation in processes while maintaining clear documentation of methods.

Skills, Knowledge & 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 ability to manage multiple priorities effectively and lead teams.
• Ability to make critical business decisions effectively within scope of authority.
• Ability to creatively and effectively manage through ambiguous and challenging problems.

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, position level will be determined based on qualifications.
• ACAS designation and/or working towards FCAS. May include those that have attained their FCAS.

Pay

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. The average base pay range for a Senior Actuarial Consultant/Actuarial Consultant is $97,000 to $185,000 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 our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.