Actuarial Analyst (P&C)

Posted 8 Days Ago
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Chicago, IL
Hybrid
Entry level
Cloud • Insurance • Professional Services • Analytics • Cybersecurity
The Role
The Actuarial Analyst conducts actuarial reserving support and research for various casualty products, analyzes financial and statistical data, assists in reserve determination and cash flow projections, collaborates with business partners for informational gathering, and prepares reports for management. They also participate in CNA's Actuarial Education Program to support their professional development.
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.
CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them - and their family members - achieve their physical, financial, emotional and social wellbeing goals.
For a detailed look at CNA's benefits, check out our Candidate Guide .
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.
  • 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 (typically up to two years of experience), which includes progress toward actuarial accreditation of one to three successfully completed CAS exams.


CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .

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.

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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.

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