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Actuarial Consultant - Affinity Pricing (Architects & Engineers)

Actuarial Consultant - Affinity Pricing (Architects & Engineers)

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Job Details
""
Uploaded On
July 12, 2023
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Location
Chicago, United States
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Remote?
No
Salary
$
44
k-$
160
k
Glassdoor Ratings
""
Recommend to a Friend
71%
""
Overall Score
3.8 / 5

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[ 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.

Start a new chapter in your career by broadening your actuarial experience into the Specialty Pricing - Affinity area. This is a great opportunity for candidates with experience in any actuarial area who want to learn something new and gain experience in an area that implements a high level of portfolio mix strategies.

In this role, you will act as an advisor to Actuarial peers by providing actuarial analyses in support of influencing pricing and underwriting decisions and strategies for CNA's Affinity business unit, focusing on Architect and Engineer (A&E) firms. You will work closely with business partners and Actuarial leaders in the industry to assist in driving profitable growth strategies.

In this position, you will also enjoy a hybrid work schedule that consists of one day per week in one of our CNA Actuarial Hub offices (Chicago, IL; New York City, NY; Warren, NJ; Radnor, PA; and San Francisco, CA) with the option to work the remainder of your week remotely. Exam taking candidates can participate in our Actuarial Education Program which provides competitive study support and exam raises as you grow your skills.

JOB DESCRIPTION:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:
  • Collaborates 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.
  • Performs complex actuarial calculations and actuarial studies and develops rates for existing and/or new business.
  • Provides analyses and insights to assist in determining pricing strategy for Errors & Omissions Liability and various other professional liability coverages. May create and modify existing tools/analytics as needed.
  • Proactively monitors profitability trends and shares results with recommendations to leaders, underwriting and other business partners.
  • Provides support to less experienced team members and help to manage projects and presentations as needed.
  • Produces highly technical and accurate actuarial analyses and reports. Communicates findings to other analytical staff.
  • Stays up to date in actuarial expertise and industry trends and development.


May perform additional duties as assigned.

Reporting Relationship

Director or above

Skills, Knowledge & Abilities
  • Solid knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
  • Demonstrated technical expertise and product specific knowledge.
  • Ability to effectively interact with all levels of CNA's internal and external business partners sometimes influencing decisions.
  • Strong analytical and problem solving skills with the ability to effectively resolve moderately complex situations and issues. Demonstrates attention to detail.
  • Ability to make critical business decisions effectively within scope of authority.
  • Ability to work independently and as a team, can manage multiple moderately complex projects.
  • Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports.


Education & Experience
  • Bachelor's Degree in a relevant discipline, or equivalent.
  • Typically a minimum of four years of related work experience.
  • Typically at least three to five successfully completed CAS exams. May include those with their Associateship.


#LI-KP1

#LI-Hybrid

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In California, Colorado, Connecticut, New York and Washington, the standard base pay range for this role is $43,600 to $159,500 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. 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.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com. ]
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Working at 

CNA

CNA is an insurance company that stands out for its focus on serving the needs of businesses and organizations. The company was founded in 1897 and has since become one of the largest insurance providers in the United States. In addition to offering traditional insurance products, such as property and casualty insurance and professional liability insurance, CNA also provides risk management and consulting services to help clients identify and mitigate potential risks. CNA has a strong reputation for customer service and is known for its expertise in serving the diverse needs of businesses and organizations. The company has a national presence in the United States and also has operations in several other countries around the world.

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