CNA Financial Corporation

Actuarial Consulting Director, Pricing

CNA Financial Corporation$155K — $220K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant discipline or equivalent
  • Minimum of ten years of related work experience
  • Attained Fellowship accreditation (FCAS)
  • Strong analytical and problem-solving skills
  • Demonstrated ability to manage multiple priorities

Responsibilities

  • Provide actuarial guidance and insights for Large Casualty business
  • Build relationships to influence pricing strategies
  • Develop and implement pricing strategies in collaboration with senior management
  • Monitor profitability and trends, delivering recommendations
  • Participate in creating actuarial policies and business strategies
  • Stay updated on industry trends to guide business decisions
  • Produce technical actuarial analyses and present findings to senior management

Benefits

  • Comprehensive and competitive benefits package
  • Support for physical, financial, emotional, and social wellbeing
  • Flexible work arrangements with hybrid options
Full Job Description
Commercial Pricing has an opening for a Consulting Director on the Large Casualty Pricing team. This is a senior level individual contributor responsible for performing analyses on loss-rated and loss-sensitive casualty business across Commercial, including workers compensation, general liability, and commercial auto. The individual in this role is expected to consult and may lead the strategy related to actuarial trends and influence pricing studies for large casualty business. Participates and leads in identification, development and implementation of corporate wide initiatives based on trends. JOB DESCRIPTION: Essential Duties & Responsibilities Performs a combination of duties in accordance with departmental guidelines: - Provides business partners and functional subject matter experts actuarial guidance and business insights related to Large Casualty business. - Builds strong relationships with peers, business partners and leaders across multiple functions in order to influence pricing strategy through the use of actionable insights and analytics. - Works with senior management in the development and implementation of pricing strategies for Large Casualty. Drives innovation in products through thought leadership. - Responsible for the monitoring of profitability and trends for Large Casualty. Shares results with recommendations to business partners and actuarial leaders. - Participates with senior leadership in the development and implementation of actuarial policies, business strategies and goals, regularly evaluating performance against goals, and holding self-accountable for achieving desired results. - Stays up to date in actuarial expertise and industry trends and development in order to guide decisions related to line of business. - Produces highly technical actuarial analyses and reports. Delivers findings presentations to senior management. May perform additional duties as assigned. Reporting Relationship AVP or above Skills, Knowledge & Abilities - Ability to achieve results by taking a proactive long-term view of business goals and objectives. - Experience influencing business partners at various levels. - Excellent analytical, critical thinking and problem-solving skills with the ability to effectively resolve complex situations and issues. - Proven ability to exercise professional judgement and assume responsibility for decisions which have an impact on business and quality of service. - Solid project management skills with ability to manage multiple priorities effectively and lead teams. - Ability to creatively and effectively manage through ambiguous and challenging problems, leads through change. Education & Experience - Bachelors Degree in a relevant discipline or equivalent. - Typically a minimum of ten years of related work experience. - Typically has attained Fellowship accreditation (FCAS). #LI-KP1 #LI-Hybrid In Illinois/New York/California, the average base pay range for an Actuarial Consulting Director is $155,000 to $220,500. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. In 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 $97,000 to $189,000 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 CNAs benefits, please visit cnabenefits.com.

About CNA Financial Corporation

CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; and commercial property, general liability, cyber liability, umbrella, and excess liability, as well as various other property and casualty coverages for healthcare institutions, professional services firms, and other specialized industries. The company also provides warranty and service contracts for consumer goods, and extended service contracts for consumer automobiles and recreational vehicles; and accident and health, and group life insurance products. In addition, it offers management and professional liability insurance and risk management services, as well as other specialized property and casualty coverages to various healthcare organizations, including hospitals, physician groups, and nursing homes. The company markets its products through independent agents, brokers, and general underwriters to various customers, including small, medium, and large businesses; insurance companies; associations; and other industry groups. CNA Financial Corporation was founded in 1853 and is headquartered in Chicago, Illinois.
Learn more about CNA Financial Corporation
Size
5,600 employees
Market Cap
$11.2 billion
Industry
Net Income
$690 million
Founded
1973
5 Year Trend
+4.7%
Revenue
$10.8 billion
NASDAQ

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