Actuarial Consulting Director Pricing (Umbrella and Excess Casualty)
Glastonbury, CT - USA
Job Summary
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.
A seasoned Actuary who directly manages plans and implements large complex actuarial studies and pricing strategies and tools. Is accountable for working to establish a pricing strategy for Umbrella and Excess Casualty. Provides consultation to Underwriting Partners.Exam taking candidates can participate in our Actuarial Education Program which provides competitive study support and exam raises as you grow your skills.
This position works a hybrid work schedule of two days per week at one of our CNA office locations.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
Provides business partners and functional subject matter experts actuarial guidance and business insights related to profitability.
Builds strong relationships with peers business partners and leaders across multiple functions in order to influence pricing strategy through the use of actionable insights and analytics.
Works with senior management in the development and implementation of pricing strategies for Umbrella & Excess Casualty. Drives innovation in products through thought leadership.
Responsible for the monitoring of profitability and trends for Umbrella and Excess Casualty. Shares results with recommendations to business partners and actuarial leaders.
Participates with senior leadership in the development and implementation of actuarial policies business strategies and goals regularly evaluating performance against goals and holding self-accountable for achieving desired results.
Stays up to date in actuarial expertise and industry trends and development in order to guide decisions related to line of business.
Produces highly technical actuarial analyses and reports. Delivers findings presentations to senior management.
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 and functional area.
Ability to achieve results by taking a proactive long-term view of business goals and objectives.
Experience influencing business partners at various levels.
Excellent analytical critical thinking and problem solving skills with the ability to effectively resolve complex situations and issues.
Proven ability to exercise professional judgement and assume responsibility for decisions which have an impact on business and quality of service.
Solid project management skills with ability to manage multiple priorities effectively and lead teams.
Ability to creatively and effectively manage through ambiguous and challenging problems leads through change.
Education & Experience
Bachelors Degree in a relevant discipline or equivalent.
Typically a minimum of ten years of related work experience
Typically has attained Fellowship accreditation (FCAS).
#LI-KP1
#LI-Hybrid
In Illinois/New York/California the average base pay range for an Actuarial Consulting Director is $155000 to $220500. Salary determinations are based on various factors including but not limited to relevant work experience skills certifications and location.
In certain jurisdictions CNA is legally required to include a reasonable estimate of the compensation for this District of Columbia California Colorado Connecticut Illinois Maryland Massachusetts New York and Washington the national base pay range for this job level is $97000 to $189000 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 CNAs benefits please visit.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation please contact.
Required Experience:
Director
About Company
CNA provides insurance solutions to more than 1 million businesses and professionals worldwide. With more than 100 years of industry experience, CNA has earned a reputation as one of the most trusted commercial insurance companies in the business. We’re a powerful legacy built on expe ... View more