Actuarial Director - Small Business Pricing

Posted 25 Days Ago
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Hiring Remotely in United States
Remote
87K-231K Annually
7+ Years Experience
Cloud • Insurance • Professional Services • Analytics • Cybersecurity
The Role
Seeking a seasoned Actuarial Director to manage and implement large complex actuarial studies and pricing strategies for the Small Business area. Directs a team, provides actuarial guidance, collaborates with senior leadership, and stays up to date with industry trends. Requires 5+ years of experience in actuarial principles and leadership skills.
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.
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.
CNA Insurance is seeking a seasoned Actuary to directly manage, plan and implement large complex actuarial studies and pricing strategies for our Small Business area. In this role you will lead a team of 3 and direct the activities of this actuarial area while providing consultation to underwriting partners.
Small Business Pricing is a great area to work in for those more analytically minded given the large volume of data and complexity this area provides. Experience with small business pricing is not required and this is a great opportunity to consider for those looking to transition from personal lines into commercial or cross over from reserving into pricing.
We are open to a variety of work arrangements including fully remote or hybrid one day per week in one of our Actuarial Hub offices (Radnor, PA; Warren, NJ; Chicago, IL; New York City, NY; Walnut Creek, CA) depending upon candidate location and preferences.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:

  • Directs the work activities and has full management responsibility for the performance, coaching and development of a team.
  • Provides business partners and functional subject matter experts actuarial guidance and business insights related to profitability. Acts as account manager on key broker/client engagements.
  • Builds strong relationships with direct reports, peers, business partners and leaders across multiple functions in order to ensure optimal implementation of business strategies aligned with actuarial insights and analytics.
  • Collaborates with and influences senior leadership in the development and implementation of pricing strategy for Small Business. Drives innovation in products through thought leadership.
  • Participates with senior leadership in the development and implementation of actuarial policies, business strategies and goals, regularly evaluating performance against goals, and holding self and team accountable for achieving desired results.
  • Oversees the production of highly technical actuarial analyses and reports to communicate to other analytical staff and to senior management.
  • Stays up to date in actuarial expertise, state/territory regulations and industry trends and development in order to lead decisions related to line of business.
  • Ensures team is maintaining clear documentation of methods.


May perform additional duties as assigned.
Reporting Relationship
AVP or above
Skills, Knowledge & Abilities

  • Senior level knowledge of actuarial principles, practices and procedures and industry issues as they relate to the organization.
  • Ability to effectively lead, coach and develop an actuarial group.
  • Ability to achieve results by taking a proactive long-term view of business goals and objectives.
  • Experience influencing business partners at various levels.
  • Ability to achieve results by taking a proactive long-term view of business goals and objectives.
  • Excellent analytical, critical thinking and problem solving skills with the ability to effectively resolve complex situations and issues.
  • Proven ability to exercise professional judgment, manages available resources and assume responsibility for decisions which have impact.
  • Ability to creatively and effectively manage through ambiguous and challenging problems, takes appropriate levels of risk and leads through change.


Education & Experience

  • Bachelor's Degree in a relevant discipline or equivalent.
  • Typically a minimum of ten years of related work experience.
  • Associate or Fellow of the Casualty Actuarial Society.


#LI-Hybrid
#LI-KP1
In New York/California, the average base pay range for an Actuarial Director is $184,500 to $230,500. 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, Maryland , New York and Washington, the national base pay range for this job level is $87,000 to $178,000 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] .

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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
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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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