Actuarial Consultant - Reserving (General Liability/Umbrella)

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.
As a member of CNA's Actuarial organization, you will be part of 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.
CNA is seeking an Actuarial Consultant that recommends and executes actuarial reserve strategies of a moderately complex nature for Commercial Liability lines of business to be used by senior management for making business decisions and formulating business strategy. This role supports reserving techniques for General Liability and Umbrella lines of business while closely monitoring external trends and collaborating with business partners and Actuarial leaders. You will serve as an advisor to Actuarial peers by providing actuarial analyses in support of influencing reserving decisions and strategies.
In this position, you will enjoy a hybrid work schedule at one of our CNA actuarial hub office locations including Chicago, IL; Radnor, PA; Warren, NJ; New York City, NY and Walnut Creek, CA.
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 input as needed.
• Partners with peers, business partners and leaders to support a specific segment's strategy through the use of actionable insights and analytics.
• Provides support in determining reserving strategy for an assigned area. May create and modify existing tools/analytics as needed.
• Proactively monitors profitability/reserving and claim trends for a product line or segment and shares results with actuarial leaders and peers.
• Provides support to less experienced team members and help to manage projects as needed.
• Stays up to date in actuarial expertise and industry trends and development.
• Produces standard and special reports as needed.

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, and managemultiple 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 or Fellowship.

#LI-KP1
#LI-Hybrid
In Illinois/New York/California, the average base pay range for an Actuarial Consultant is $97,000 to $137,500. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.
I n certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia , California, Colorado, Connecticut, Illinois , Maryland , Massachusetts , New York and Washington, the national base pay range for this job level is $54,000 to $103,000 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 [email protected] .