CNA
Actuarial Consultant - Medical Malpractice Pricing
The Role
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 assist in developing actuarial pricing and rating plans for CNA's Medical Professional Liability (Medical Malpractice) coverage across multiple Healthcare products, including Physicians, Aging Services, Dentists, Nurses, and Allied Facilities. You will collaborate with business partners and Actuarial leaders. This role also serves as an advisor to Actuarial peers by providing actuarial analyses in support of influencing pricing decisions and strategies.
In this position, you will enjoy a hybrid work schedule at one of our CNA actuarial hub office locations including Chicago, IL; Radnor, PA; Warren, NJ; New York City, NY and Walnut Creek, CA.
Exam taking candidates can participate in our Actuarial Education Program which provides competitive study support and exam raises as you grow your skills.
As determined by CNA and depending on the applicant's experience and/or qualifications, candidates may be hired into one of two Actuarial positions: Actuarial Analyst or Actuarial Consultant. Typically 2-7 years of related experience.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
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 an Actuarial Analyst to Actuarial Consultant is $72,600 to $137,500. 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 $54,000 to $103,000 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] .
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 assist in developing actuarial pricing and rating plans for CNA's Medical Professional Liability (Medical Malpractice) coverage across multiple Healthcare products, including Physicians, Aging Services, Dentists, Nurses, and Allied Facilities. You will collaborate with business partners and Actuarial leaders. This role also serves as an advisor to Actuarial peers by providing actuarial analyses in support of influencing pricing decisions and strategies.
In this position, you will enjoy a hybrid work schedule at one of our CNA actuarial hub office locations including Chicago, IL; Radnor, PA; Warren, NJ; New York City, NY and Walnut Creek, CA.
Exam taking candidates can participate in our Actuarial Education Program which provides competitive study support and exam raises as you grow your skills.
As determined by CNA and depending on the applicant's experience and/or qualifications, candidates may be hired into one of two Actuarial positions: Actuarial Analyst or Actuarial Consultant. Typically 2-7 years of related experience.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
- Collaborates with business partners and functional subject matter experts, provides actuarial input as needed.
- Partners with peers and business partners to support a specific segment's strategy through the use of actionable insights and analytics.
- Provides support in determining pricing strategy for an assigned area. May create and modify existing tools/analytics as needed.
- Proactively monitors profitability/reserving and claim trends for Specialty (Medical Malpractice) and shares results with actuarial leaders and peers.
- Provides support to less experienced team members and help to manage projects as needed.
- Stays up to date in actuarial expertise and industry trends and development.
- Produces standard and special reports as needed.
May perform additional duties as assigned.
Reporting Relationship
Director or above
Skills, Knowledge & Abilities
- Solid knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
- Demonstrated technical expertise and product specific knowledge.
- Strong analytical and problem solving skills with the ability to effectively resolve moderately complex situations and issues. Demonstrates attention to detail.
- Strong interpersonal and communication skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
- Ability to work independently and leads multiple moderately complex projects.
- Ability to make critical business decisions effectively within scope of authority.
- Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports.
Education & Experience
- Bachelor's Degree in a relevant discipline, or equivalent.
- Typically a minimum of four years of related work experience.
- Typically at least three to five successfully completed CAS exams. May include those with their Associateship or Fellowship.
#LI-KP1
#LI-Hybrid
In Illinois/New York/California, the average base pay range for an Actuarial Analyst to Actuarial Consultant is $72,600 to $137,500. 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 $54,000 to $103,000 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] .
CNA Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CNA and has not been reviewed or approved by CNA.
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Retirement Support — Retirement plan design—with an automatic company contribution plus match—materially boosts total compensation and is highlighted as a standout element. Feedback suggests this structure provides dependable long‑term value beyond base pay.
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Strong & Reliable Incentives — Annual bonuses are common across many roles, supporting a predictable incentive component in total compensation. This consistency helps lift overall pay satisfaction in functions where bonus eligibility is standard.
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Leave & Time Off Breadth — PTO, paid holidays, and options like PTO purchase and paid family leave create a broad time‑off package. Feedback suggests these elements meaningfully enhance the overall rewards mix.
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The Company
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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