Under broad supervision responsible for providing actuarial support and research for assigned area. This position also participates in CNA's Actuarial Education Program which provides competitive study support while developing actuarial knowledge through credentialing exams.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
- Analyzes financial, statistical and mathematical data and performs actuarial calculations to identify trends driving business outcomes.
- Assists in the determination of pricing, reserves and/or cash flow projections to support pricing strategies or quarterly reserve reviews.
- Collaborates with business partners to gather information and assists in preparation of material for meetings.
- Contributes to monitoring trends and recommendation development within a specific product line or business segment.
- Assists in preparing variety of standard and special reports for management as needed.
- Accountable for maintaining documentation of methods.
May perform additional duties as assigned.
Reporting Relationship
Director or above
Skills, Knowledge & Abilities
- Knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
- Good analytical and problem solving skills with the ability to effectively resolve simple to moderately complex situations and issues. Demonstrates attention to detail.
- Ability to effectively interact with all levels of CNA's internal and external business partners.
- The ability to exercise independent judgment and make sound business decisions effectively based on developing actuarial concepts, analyses.
- Ability to adapt to change and value diverse opinions and ideas.
- Good time management and organizational skills with the ability to prioritize and complete work and/or projects effectively.
Education & Experience
- Bachelor's Degree in a relevant discipline, or equivalent.
- Entry level (typically up to two years of experience), which includes progress toward actuarial accreditation of one to three successfully completed CAS exams.
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 $44,000 to $74,000 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.
Working at
CNA
CNA is an insurance company that stands out for its focus on serving the needs of businesses and organizations. The company was founded in 1897 and has since become one of the largest insurance providers in the United States. In addition to offering traditional insurance products, such as property and casualty insurance and professional liability insurance, CNA also provides risk management and consulting services to help clients identify and mitigate potential risks. CNA has a strong reputation for customer service and is known for its expertise in serving the diverse needs of businesses and organizations. The company has a national presence in the United States and also has operations in several other countries around the world.