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Actuarial Senior Consultant – Small Business Pricing in Chicago, IL

CNA Financial Corporation

Chicago, IL 60601
7w ago


Risk & Quantitative Analysis


8 - 10 years

Job Description

Job Summary

Commercial Pricing has an opening for a Small Business Pricing Actuary. This heavy analytical role will support the portfolio analysis and tactical execution of strategies for all of CNA Small Business. This includes monitoring and refreshing a proprietary coverage/peril rating plan, working with business partners on profitability analyses, and providing strategic insight that helps accelerate profitable growth.

Responsibilities include the following:

• Develop loss picks and technical premiums across Property Perils and General Liability

• Collaborate with the Small Business Strategy team on deep dive profit reviews on various segments of the book

• Interact closely with business partners to explain technical pricing indications and help support the tactical execution of their business decision

• Ensure guidance provided through various pricing and underwriting tools align with pricing review

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Valid through: 2020-2-19

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]
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