CNA Insurance
Senior Actuarial Consultant/Consultant, Pricing (Warranty)
CNA Insurance, Chicago, Illinois, United States, 60290
Senior Actuarial Consultant/Consultant, Pricing (Warranty)
Join to apply for the
Senior Actuarial Consultant/Consultant, Pricing (Warranty)
role at
CNA Insurance
Job Overview As a member of CNA’s Actuarial organization, you will develop and recommend actuarial pricing and perform profitability reviews for CNA's Warranty Consumer & Commercial Products business unit. You will collaborate with business partners at all levels and serve as a trusted advisor to support pricing decisions and long‑term strategies.
Essential Duties & Responsibilities
Establish relationships with business partners and functional subject matter experts, providing actuarial guidance as needed.
Build strong relationships with peers, business partners and leaders to influence strategy through actionable insights and analytics.
Complete profitability reviews, collateral reviews, profit sharing and other calculations according to schedule. Analyze feature detailed segmentation of results to fully inform management of business performance. Report progress to senior management and make recommendations as required.
Provide pricing to new accounts and may create and modify existing tools/analytics as needed.
Remain current on state issues and regulations, industry activity and trends.
Support rate filing.
Continually improve processes and maintain clear documentation of methods and assumptions.
Reporting Relationship Director or above
Skills, Knowledge & Abilities
Strong knowledge of core functions of an insurance company and actuarial and statistical concepts.
Advanced actuarial technical expertise and product specific knowledge.
Ability to effectively communicate and influence using analyses at various levels, including senior leadership.
Experience building successful business partnerships.
Strong analytical, critical thinking and problem solving skills with the ability to resolve complex situations and issues.
Solid project management skills with ability to manage multiple priorities effectively and lead teams.
Ability to perform duties with a sense of urgency; utilize all available resources to meet due dates.
Ability to make critical business decisions effectively within scope of authority.
Ability to creatively and effectively manage through ambiguous and challenging problems, lead through change.
Education & Experience
Bachelor’s Degree in a relevant discipline or equivalent.
Typically a minimum of seven years of related work experience. Lower experience levels may be considered, position level will be determined based on qualifications.
Near ACAS designation and/or working toward FCAS.
Experience with Arius and Alteryx, a plus.
Benefits & Compensation In Illinois/New York/California, the average base pay range for a Senior Actuarial Consultant/Actuarial Consultant is $97,000 to $185,000. 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 employees and their families achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.
EEO Statement 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 $72,000 to $141,000 annually. 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.
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Senior Actuarial Consultant/Consultant, Pricing (Warranty)
role at
CNA Insurance
Job Overview As a member of CNA’s Actuarial organization, you will develop and recommend actuarial pricing and perform profitability reviews for CNA's Warranty Consumer & Commercial Products business unit. You will collaborate with business partners at all levels and serve as a trusted advisor to support pricing decisions and long‑term strategies.
Essential Duties & Responsibilities
Establish relationships with business partners and functional subject matter experts, providing actuarial guidance as needed.
Build strong relationships with peers, business partners and leaders to influence strategy through actionable insights and analytics.
Complete profitability reviews, collateral reviews, profit sharing and other calculations according to schedule. Analyze feature detailed segmentation of results to fully inform management of business performance. Report progress to senior management and make recommendations as required.
Provide pricing to new accounts and may create and modify existing tools/analytics as needed.
Remain current on state issues and regulations, industry activity and trends.
Support rate filing.
Continually improve processes and maintain clear documentation of methods and assumptions.
Reporting Relationship Director or above
Skills, Knowledge & Abilities
Strong knowledge of core functions of an insurance company and actuarial and statistical concepts.
Advanced actuarial technical expertise and product specific knowledge.
Ability to effectively communicate and influence using analyses at various levels, including senior leadership.
Experience building successful business partnerships.
Strong analytical, critical thinking and problem solving skills with the ability to resolve complex situations and issues.
Solid project management skills with ability to manage multiple priorities effectively and lead teams.
Ability to perform duties with a sense of urgency; utilize all available resources to meet due dates.
Ability to make critical business decisions effectively within scope of authority.
Ability to creatively and effectively manage through ambiguous and challenging problems, lead through change.
Education & Experience
Bachelor’s Degree in a relevant discipline or equivalent.
Typically a minimum of seven years of related work experience. Lower experience levels may be considered, position level will be determined based on qualifications.
Near ACAS designation and/or working toward FCAS.
Experience with Arius and Alteryx, a plus.
Benefits & Compensation In Illinois/New York/California, the average base pay range for a Senior Actuarial Consultant/Actuarial Consultant is $97,000 to $185,000. 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 employees and their families achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.
EEO Statement 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 $72,000 to $141,000 annually. 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.
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