Actuarial Analyst

4 weeks ago

New York, United States CNA Financial Corporation Full time
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.

As a member of CNA's Actuarial organization, you will be part of a community that provides deep specialization and discipline as trusted advisors, unlocks data to enable business partners to advance our global market strategy, and drives business solutions through actionable analytics and insights.

CNA Insurance is seeking an Actuarial Analyst who under broad supervision will be responsible for providing actuarial support and research for a P&C pricing team focused on Medical Professional Liability (Medical Malpractice) coverage across multiple Healthcare products, including Physicians, Aging Services, Dentists, Nurses, and Allied Facilities. You will get the opportunity to participate in CNA's Actuarial Education Program which provides competitive study support while developing actuarial knowledge through credentialing exams.

In this role, you will also enjoy a hybrid work schedule that consists of one day per week in one of our CNA Actuarial Hub offices (New York City, NY; Warren, NJ; Radnor, PA; Chicago, IL and San Francisco, CA) with the option to work the remainder of your week remotely.

Candidates at both the entry level analyst and consultant levels will be considered, position level will be determined based on qualifications. December 2024 graduates will be considered and are encouraged to apply.

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 projections to support pricing strategies.
  • 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 new grads to 4 years experience considered, position level will be determined based on qualifications. December 2024 graduates will be considered and are encouraged to apply.
  • Requires progress toward actuarial accreditation of one or more successfully passed CAS exams.


#LI-KP1

#LI-Hybrid

In New York/California, the average base pay range for an Actuarial Analyst/Consultant is $70,000 to $100,000. 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 $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 [redacted].

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