Actuarial Consulting Director, Reserving (Commercial Lines)

CNA Financial Corp. Chicago , IL 60602

Posted 1 week ago

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.

Senior level individual contributor responsible for performing extensive research on high impact and complex actuarial studies. Consults and may lead the strategy related to actuarial trends and influences the reserve reviews for a specific product line or business segment. 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 reserving.

  • 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 reserving strategies for Auto Liability, General Liability and Umbrella. Drives innovation in products through thought leadership.

  • Responsible for the monitoring reserving and claim trends for Auto Liability, General Liability and Umbrella. 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

  • Senior level knowledge of actuarial principles, practices and procedures and industry issues as they relate to the organization and functional area.

  • 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 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

  • 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).

#LI-KP1

#LI-Hybrid

In New York/California, the average base pay range for an Actuarial Consulting Director is $166,500 to $208,000. 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, Maryland, New York and Washington, the national base pay range for this job level is $87,000 to $178,000 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 leaveadministration@cna.com.


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Actuarial Consulting Director Reserving (Commercial Lines)

CNA Financial Corp.

Posted 1 week ago

VIEW JOBS 6/21/2024 12:00:00 AM 2024-09-19T00:00 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 kn CNA Financial Corp. Chicago IL

Actuarial Consulting Director, Reserving (Commercial Lines)

CNA Financial Corp.