CNA Financial Corporation

Consulting Director, Actuarial

CNA Financial Corporation$125K — $156K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in a relevant discipline or equivalent
  • Fellowship accreditation (FCAS) is required
  • Minimum of ten years of related actuarial work experience
  • Senior level knowledge of actuarial principles and industry issues
  • Strong analytical and critical thinking skills
  • Ability to influence business partners effectively
  • Expertise in leveraging AI-enabled technologies for actuarial processes.

Responsibilities

  • Leads the application of portfolio analytics to identify profitability trends and growth opportunities
  • Provides actuarial guidance and business insights to key broker/client engagements
  • Builds strong relationships across functions to implement business strategies
  • Collaborates with senior leadership on pricing and underwriting strategy
  • Participates in developing actuarial policies and goals, evaluating performance regularly
  • Oversees production of technical actuarial analyses for management decisions
  • Stays updated on actuarial expertise and industry trends.

Benefits

  • Comprehensive and competitive benefits package
  • Focus on physical, financial, emotional, and social wellbeing
  • Commitment to building an inclusive culture
  • Opportunities for personal and professional growth
  • Empowerment to contribute meaningfully to the organization and community.
Full Job Description
An experienced Actuary who directly manages, plans, and implements large complex actuarial deliverables such as pricing modernization, portfolio performance management and underwriting support. The incumbent will be accountable for working to establish a pricing and portfolio analytics strategy for the Canadian Branch. The incumbent will work closely with our Underwriting Partners and Global Actuarial Team.

JOB DESCRIPTION:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines
  • Leads the development and application of portfolio analytics to identify profitability trends, rate adequacy issues, growth opportunities, and underwriting actions across Canadian business segments.
  • Provides business partners and functional subject matter expertise, actuarial guidance and business insights related to profitability. Acts as account manager on key broker/client engagements.
  • Builds strong relationships with team members, peers, business partners and leaders across multiple functions to ensure optimal implementation of business strategies aligned with actuarial insights and analytics.
  • Collaborates with and influences senior leadership in the development and implementation of pricing, portfolio management and underwriting strategy for the Canadian Branch. Drives innovation in products through thought leadership.
  • Participates with senior leadership in the development and implementation of actuarial policies, business strategies and goals, regularly evaluating performance against goals, and holding self and team accountable for achieving desired results.
  • Oversees and/or executes on the production of highly technical actuarial analyses including pricing, segmentation, rate monitoring, and portfolio performance reporting, to support senior management and underwriting decisions.
  • Stays up to date in actuarial expertise, provincial/federal regulations and industry trends and development to lead decisions related to line of business.
  • Ensures team is maintaining clear documentation of methods.

Skills, Knowledge & Abilities
  • Senior level knowledge of actuarial principles, practices and procedures and industry issues as they relate to the organization.
  • Strong capability in portfolio diagnostics, profitability analysis, rate monitoring, and translating actuarial insights into business actions.
  • Ability to effectively lead, coach and develop an actuarial group.
  • Ability to achieve results by taking a proactive long-term view of business goals and objectives.
  • Experience influencing business partners at various levels.
  • Ability to achieve results by taking a proactive long-term view of business goals and objectives.
  • Excellent analytical, critical thinking and problem-solving skills with the ability to effectively resolve complex situations and issues.
  • Proven ability to exercise professional judgment, manages available resources and assumes responsibility for decisions which have impact.
  • Ability to creatively and effectively manage through ambiguous and challenging problems, takes appropriate levels of risk and leads through change.
  • Strong knowledge of Microsoft Office Suite and other enterprise business tools, including responsible use of AI-enabled technologies (such as Copilot or similar) to enhance efficiency, analysis and workflow in accordance with company policies.

Education & Experience
  • Bachelor's Degree in a relevant discipline or equivalent.
  • Typically a minimum of ten years of related work experience.
  • Typically has attained Fellowship accreditation (FCAS).


Our Total Rewards philosophy reflects our commitment to building a high-performing, inclusive culture where every team member is empowered to grow, contribute, and thrive. We value the unique strengths and perspectives each individual brings to our business, our clients, and our communities. The base salary range for this position is $125,000 to $156,000, complemented by a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional, and social wellbeing goals. Base salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. Please note that this posting is for an existing vacancy.

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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