Actuarial Consulting Director, Pricing

CNA

Glastonbury, Connecticut

JOB DETAILS
SKILLS
Actuarial Skills, Analysis Skills, Business Strategy, Consulting, Cross-Functional, Financial Trend Analysis, Industry/Trade Analysis, Leadership, Multitasking, Policy Implementation, Presentation/Verbal Skills, Pricing, Problem Solving Skills, Product Pricing, Profit & Loss, Project/Program Management, Team Lead/Manager, Thought Leadership, Trend Analysis, Worker's Compensation
LOCATION
Glastonbury, Connecticut
POSTED
13 days ago

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. 

Commercial Pricing has an opening for a Consulting Director on the Large Casualty Pricing team. This is a senior level individual contributor responsible for performing analyses on loss-rated and loss-sensitive casualty business across Commercial, including workers compensation, general liability, and commercial auto. The individual in this role is expected to consult and may lead the strategy related to actuarial trends and influence pricing studies for large casualty business. Participates and leads in identification, development and implementation of corporate wide initiatives based on trends.

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 Large Casualty business.

  • 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 Large Casualty. Drives innovation in products through thought leadership.

  • Responsible for the monitoring of profitability and trends for Large 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

  • 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

  • Bachelor’s 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 $155,000 to $220,500. 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 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 $97,000 to $189,000 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 utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.


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

leaveadministration@cna.com

About the Company

C

CNA

CNA's approach to research is a modern iteration of the Newtonian principle that complex, dynamic processes are best understood through direct observation of events and people. That was the methodology CNA analysts first applied in the 1940s when they pioneered the field of operations research by helping the Navy address the German U-boat threat. Not content to study the problem from afar, this small group of MIT scientists insisted on deploying with Navy forces in order to observe operations and collect the data needed for meaningful analyses. Their groundbreaking work, and the anti-submarine warfare equations it produced, set a standard for operations research methods that CNA has maintained for 75 years. Today, with more than 500 professionals at our headquarters and 50 researchers in the field, CNA still takes a multi-disciplinary, real-world approach to our work. On-site analysts carefully observe all aspects of a process—people, decisions, actions, consequences—and then collaborate with a headquarters-based research team to assess data and arrive at findings. CNA's objective, empirical research and analysis helps decision makers develop sound policies, make better-informed decisions, and manage programs more effectively. Our work, which in its early decades focused solely on defense-related matters, has grown to include investigation and analysis of a broad range of national security, defense, and public interest issues including education, homeland security and air traffic management. Through our Center for Naval Analyses and Institute for Public Research, we provide public-sector organizations with the tools they need to tackle the complex challenges of making government more efficient and keeping our country safe and strong.
COMPANY SIZE
100 to 499 employees
INDUSTRY
Other/Not Classified
FOUNDED
1940
WEBSITE
https://www.cna.org/