Actuarial Senior Consultant (P&C )

CNA Financial


Job Summary

As a technical expert, develops and recommends actuarial reserve strategies to advance reserving analytics within the reserving department to enhance insights to be used by senior management for making business decisions and formulating business strategy.

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

1. Performs complex actuarial calculations and actuarial studies.

2. Determines reserve recommendations for an assigned area and analyzes existing tools, modifying or creating new tools, as needed.

3. Monitors the profitability and trends for a product line or segment.

4. Ensures accuracy of all financial reports and statements.

5. Produces highly technical reports and communicates with other analytical staff and management including presentations to senior management.

6. Manages project teams and responsible for special projects and presentations.

7. Facilitates communication and partners with other functional groups (e.g., Claims, Finance, IT) on actuarial issues.

8. Provides guidance to less experienced team members.

9. Stays up to date in functional area of expertise, on industry trends and developments, and assures knowledge transfer within the organization.

Reporting Relationship

AVP or above

Skills, Knowledge & Abilities

1. Strong knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts. 

2. Advanced actuarial technical expertise and product specific knowledge. 

3. Strong interpersonal, communication and presentation skills. Ability to effectively interact with all levels of CNA’s internal and external business partners. 

4. Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex situations and issues 

5. Solid project management, organization, and planning skills with the ability to manage multiple projects effectively and lead teams. 

6. Ability to exercise independent judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews. 

7. Ability to solve issues with a sense of urgency; utilizes and manages the available resources to make informed decisions and achieve superior results. 

8. Ability to creatively and effectively manage through ambiguous and challenging problems, leads through change and takes appropriate levels of risk. 

9. Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports. 

10. Solid knowledge of Microsoft Office Suite and familiarity with R, SQL, Alteryx, Tableau and other business-related software systems, including processing systems and applications.

Education & Experience

1. Bachelor's Degree in a relevant discipline, or equivalent. 

2. Typically a minimum of seven years of related work experience. 

3. Typically has their Associate accreditation (ACAS), and may be working towards Fellowship; may include those that have attained their FCAS.


CNA is an Equal Opportunity Employer committed to a diverse work culture. M/F/D/V.Job


Primary Location

United States-Illinois-Chicago


Actuarial (ACTUARY)

Job Posting

Nov 8, 2019

Unposting Date


Read Full Description
Confirmed 4 hours ago. Posted 30+ days ago.

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