- Salary
- $72k – $141k
- Location
- US- IL40- Chicago-151N Frankln, United States of America · New York, NY, USA · Warren, NJ, USA · Radnor, PA, USA · Walnut Creek, CA, USA
- Workplace
- Remote, Hybrid
- Type
- Full-time
- Department
- Healthcare
- Seniority
- Senior
- Source
- Workday
Description
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.In this role, you will help shape the pricing strategy for CNA's Medical Professional Liability portfolio across a diverse range of healthcare segments, including Dentists, Nurses, Physicians, Aging Services, and Allied Facilities. Working closely with business partners and senior actuarial leaders, you will develop analyses and recommendations that directly influence pricing decisions and long-term business strategy. You'll gain broad exposure to the business while developing healthcare expertise and strengthening your technical, strategic, and communication skills. Prior healthcare pricing experience is a plus, but not required.
In this position, you will enjoy a hybrid work schedule that consists of one day per week in one of our CNA offices with the option to work the remainder of your week remotely. Exam taking candidates can participate in our Actuarial Education Program which provides competitive study support and exam raises as you grow your skills.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
- Establishes relationship with business partners and functional subject matter experts, provides actuarial guidance as needed.
- Builds strong relationships with peers, business partners and leaders in order to influence a specific segment's strategy through the use of actionable insights and analytics.
- Provides analyses and insights to assist in determining pricing strategy for Healthcare Pricing. May create and modify existing tools/analytics as needed.
- Proactively monitors profitability/reserving and claim trends for Healthcare Pricing and shares results with recommendations to leaders and underwriting partners/ claim, underwriting and pricing business partners.
- Provides guidance to less experienced team members and manages projects as needed.
- Produces highly technical actuarial analyses and reports. Communicate findings to other analytical staff and management.
- Stays up to date in actuarial expertise and industry trends and development.
- Drives innovation in processes while maintaining clear documentation of methods.
- Leverage Artificial Intelligence (AI) to improve efficiency and enhance analytical capabilities.
May perform additional duties as assigned.
Reporting Relationship
Assistant Vice President
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 to 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 effectively resolve complex situations and issues.
- Solid project management skills with ability to manage multiple priorities effectively and lead teams.
- Ability to make critical business decisions effectively within scope of authority.
- 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 seven years of related work experience.
- ACAS designation and working towards FCAS. May include those that have attained their FCAS.
#LI-hybrid #LI-KP1
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. 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 utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected]