What are the responsibilities and job description for the Actuarial Senior Consultant, Actuarial Filings (P&C) position at CNA?
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.
Consider joining CNA's Actuarial Filings team as a Senior Actuarial Consultant. This team is responsible for all Commercial and Specialty rate filings, including proprietary and bureau-based products, which makes the team a key partner for improving and sustaining profitability across the organization. This is a great opportunity for those interested in exposure to multiple lines of business, who excel at execution-oriented projects, attention to detail and project management, and want to build relationships with multiple functional groups across the company.
In this role, you will work collaboratively with Underwriting and Actuarial leaders to influence and advise strategies focused on sustained profitable performance. You will also ensure efficient, compliant, and error-free execution. This role also provides ample opportunity to act on opportunities to improve templates, tools, and best practices that ensure a unified and trusted actuarial voice, both internally and externally. You will also maintain close working relationships with Legal and Compliance leadership to ensure compliance with regulatory requirements.
For those candidates still pursuing exams, you can participate in our Actuarial Education Program which provides competitive study support and exam raises as you grow your skills.
This position enjoys a hybrid work schedule that typically consists of 1 day per week at one of our CNA actuarial hub office locations including Chicago, IL; Radnor, PA; Warren, NJ; New York City, NY or Walnut Creek, CA.
JOB DESCRIPTION :
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines :
- Advises pricing actuaries and underwriters on filing strategy and equips them with relevant regulatory insights that will influence rate change decisions. Collaboratively develops, improves, and implements innovative, practical, and impactful filing strategies.
- Reviews and submits rate filings, performs actuarial certifications, and contacts regulatory agencies and rating bureaus as necessary. Acts as subject matter expert on filing requirements and expected regulatory approval timelines.
- Closely manages project teams, including acting as primary advisor on project management, strategy, and communication to key stakeholders, enforcing best practices, and optimizing available resources.
- Modernizes the actuarial methods and efficiencies of existing pricing tools, including rate level indication templates utilized to support rate filings. Identifies and implements actionable improvements to team processes and / or templates.
- Targets important areas for innovation and develops solutions leveraging appropriate technology that address meaningful work issues for the team.
- Identifies and implements best practices to ensure adequate documentation, training, compliance, and areas that may improve the speed of filing approvals and external view of CNA by state departments of insurance.
- Acts as subject matter expert on California filings, including compiling and reviewing California filings, advising on California filing strategy to key stakeholders, and strengthening the relationship between CNA and the California Department of Insurance.
- Actively engages and builds relationships with multiple functional groups (Legal, Compliance, Rate Implementation / Technology, Underwriting Services, Government Relations, Underwriting, and Actuarial Pricing). Facilitates communication and technical guidance to these groups on actuarial issues.
- Provides guidance to less experienced team members and may lead and / or participate in special projects and presentations.
- Stays up to date in functional area of expertise, on industry trends and developments, and assures knowledge transfer within the organization.
May perform additional duties as assigned.
Reporting Relationship
Director or above
Skills, Knowledge & Abilities
Education & Experience
LI-KP1
LI-Hybrid
In Illinois / New York / California, the average base pay range for a Senior Actuarial Consultant is $130,500 to $185,000. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.
I n 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 is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com .
Requisition # : R-5184
5ah5d54a
Salary : $72,000 - $141,000
