Actuarial Consulting Director, Pricing (P&C) - Healthcare Professional Liability

| Chicago, IL | Hybrid
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Job Summary
Leads and directs the activities of an actuarial team and is accountable for contributing to establishing pricing strategy within the Healthcare business unit. Participate in the development of corporate pricing strategy for these products, in addition to strategy in individual large accounts.
Essential Duties & Responsibilities
1. Collaborates with and influences senior leadership in the development and implementation of pricing strategy for Healthcare Professional Liability products, primarily Hospitals and Physicians.
2. Oversees the pricing of large accounts, including ownership of pricing recommendations, management of actuarial team and workflow, enhancement of pricing tools and collaboration with cross-functional team to enhance pricing knowledge, accuracy and influence.
3. Drives innovation in pricing strategy and techniques by leveraging industry knowledge, sound actuarial methodology and diverse data sources.
4. Reports business progress to senior management, and makes recommendations as required.
5. Collaborates with internal business partners to ensure optimal implementation of business strategies; facilitates communication and provides technical guidance to Underwriting regarding the pricing of new and existing business and works with others (e.g., Claims, Finance) on actuarial issues.
6. 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.
7. Remains current on state/territory issues and regulations, industry activity and trends. May represent the company in industry trade groups.
8. Directs the work activities and has full management responsibility for the performance and development of subordinate staff in accordance with corporate strategic direction.
May perform additional duties as assigned.
Reporting Relationship
AVP or above
Skills, Knowledge & Abilities
1. Senior level knowledge of actuarial principles, practices and procedures and industry issues as they relate to the organization.
2. Ability to effectively lead, coach and develop an actuarial group.
3. Ability to achieve results by taking a proactive long-term view of business goals and objectives.
4. Excellent analytical, critical thinking and problem solving skills, with the ability to effectively plan and manage multiple projects and project work teams.
5. Ability to effectively interact and collaborate with all levels of CNA's internal and external business partners, possessing excellent communication, negotiation and presentation skills.
6. Ability to exercise professional judgment and assume responsibility for decisions which have an impact on people and quality of service.
7. Ability to solve issues with a sense of urgency; utilizes and manages all available resources to make informed decisions and achieve superior results.
8. Ability to creatively and effectively manage through ambiguous and challenging business problems, leads through change and takes appropriate levels of risk.
9. Demonstrates the knowledge and understanding of when and how to use metrics to make informed business decisions.
10. Knowledge of Microsoft Office Suite and other business-related software systems, including processing systems and applications.
Education & Experience
1. Bachelor's Degree, Masters preferred, in a relevant discipline or equivalent.
2. Typically a minimum of 10 years of related work experience, including prior management experience.
3. Career Associate or Fellowship accreditation preferred.

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An Insider's view of CNA

How would you describe the company’s work-life balance?

Work-life balance has always been a priority for me. It always will be. CNA’s hybrid working model allows me to not only maximize collaboration with my peers but also take advantage of increased flexibility by combining remote and in-office work. I’m empowered to take control of my schedule based on what works best for me and my team.

Alison Massey

Agile Scrum Master Consultant

How do you collaborate with other teams in the company?

On the Security Advisory team, collaboration is key to what we do. We sit at a unique intersection of security goals and business objectives. By working across nearly every IT team at CNA, we balance the need for maintaining secure initiatives and keeping projects on track. It’s our job to find the best, secure path to ‘Yes’ for business requests.

Zach Jones

Director, Security Advisory

How has your career grown since starting at the company?

I joined CNA as a contractor and became a full-time employee after an eight-year contractor journey. I’m passionate about solving technical challenges and CNA allows me to foster that passion. Every day, I learn about emerging technologies. I’m empowered to develop, grow, and create a career that works for me and my lifestyle.

SenthilKumar Asokan

Applications Engineer Senior Specialist

How do your team's ideas influence the company's direction?

Enterprise Architecture creates foundations for IT expectations across CNA. I’m on a team that builds reusable IT assets, communicates best practices, and decides standards for tooling, and more. I influence CNA outside of my role, too, specifically through CNA’s Employee Resource Groups. I’m empowered to influence both IT and our culture of inclus

Lisa Smith

Architecture Senior Specialist

What does career growth look like on your team?

Career growth can take on many different forms at CNA, and that’s because there are always opportunities to acquire transferrable skills. On my team specifically, we’re encouraged to identify and work toward development opportunities that matter to us. We’re empowered to make a difference while advancing our careers.

Josie Lee

Director, HR Business Partner

What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Company equity
Employee stock purchase plan
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Generous parental leave
Family medical leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Some meals provided
Relocation assistance
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Online course subscriptions available
Paid industry certifications

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