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Actuarial Director (Commercial Claims) in Chicago, IL

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compensation:

$200K - $250K*

specialty:

Banking, Loans & Insurance

experience:

11 - 15 years

Job Description

Leads and directs the activities of an entrepreneurial team of actuaries and analysts in support of the Commercial Claim organization within the CNA Property & Casualty Claim Department. Partner closely with Commercial Claim leadership to establish metrics and provide insights and business intelligence. Collaborate with Actuarial Reserving on impact of changes in claim trends and operations on claim data.


Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:


1. Collaborates with and influences senior leadership in the development and implementation of monitoring metrics and claim analyses for the Commercial Claim area.

2. Oversees the preparation and accuracy and approves all financial reports, operating statements and business forecasts.

3. Collaborates with internal business partners to ensure optimal implementat

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Valid through: 2020-4-9

About CNA Financial Corporation

CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States, and noted for its 600-foot (180 m) tall red headquarters building, CNA Center. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897. CNA (the parent company) was incorporated in 1967. CNA itself is 90% owned by a holding company, Loews Corporation. This holding company also has interests in offshore oil and gas drilling rigs, natural gas transmission pipelines, oil and gas exploration, and in hotel operations. Continental Assurance Company of North America was founded in Detroit in 1897. The purpose of the company was to provide accident and health insurance to railroad industry employees. This company then merged with the Metropolitan Accident Company, changed its name to the Continental Casualty Company, and moved to Chicago.[citation needed]
Total Jobs:
57
Total Experts:
9
Average Pay:
$138,333
Total value of jobs:
$16,600,000
% Masters:
35%

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* Ladders Estimates