Actuarial Analyst (P&C)

Posted 13 Days Ago
Be an Early Applicant
New York, NY
Hybrid
44K-100K Annually
1-3 Years Experience
Cloud • Insurance • Professional Services • Analytics • Cybersecurity
The Role
The Actuarial Analyst at CNA is responsible for providing actuarial reserving support, analyzing data, assisting with reserve determinations, collaborating with business partners, and preparing reports. This entry-level position also includes participation in the Actuarial Education Program, focusing on developing actuarial skills through credentialing exams.
Summary Generated by Built In

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.
Under broad supervision, the Actuarial Analyst is responsible for providing actuarial reserving support and research across various casualty products (Umbrella & GL Reserving). 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 reserves and/or cash flow projections to support 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.
  • A bility 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.


#LI-KP1
#LI-Hybrid
In New York/California, the average base pay range for this role is $80,100 to $100,100. 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, 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 [email protected] .

Top Skills

Actuarial

What the Team is Saying

Meghan Bautista
Mehrzad Adelzadeh
Alison Massey
SenthilKumar Asokan
Zach Jones
Lisa Smith
Josie Lee
The Company
HQ: Chicago, IL
7,000 Employees
Hybrid Workplace
Year Founded: 1897

What We Do

CNA is one of the largest U.S. commercial property and casualty insurance companies. Backed by more than 125 years of experience, CNA provides a broad range of standard and specialized insurance products and services for businesses and professionals in the U.S., Canada and Europe.

As a company of allies, we understand the importance of fostering an inclusive and supportive culture for all employees. Our eight Employee Resource Groups elevate the voices of underrepresented groups and champion critical DEI initiatives in the workplace and beyond. We strive to promote an environment of inclusion and continuously work to ensure all employees feel valued and respected.

Why Work With Us

CNA knows the importance of having the tools you need to expand your expertise and develop your career. With a variety of cross-discipline and cross-functional opportunities, CNA provides you with the tools and resources needed to customize your career path and understand what is needed to be effective in your role.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

CNA Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
Company Office Image
HQChicago, IL
Located in the heart of the loop, CNA’s headquarters are at 151 N Franklin. With close proximity to both L and Metra stations.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account