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Job Details

Submission for the position: Actuarial Senior Consultant - Commercial Reserving - Job Number: ACT0000HF

Company name
CNA.

Location
Chicago, IL

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178524','true','178524','false','Submission for the position: Actuarial Senior Consultant - Commercial Reserving - (Job Number: ACT0000HF)','false','178524','false','true','https://cna.taleo.net/careersection/jobdetail.ftl?job=ACT0000HF&lang=en','Actuarial Senior Consultant - Commercial Reserving','true','Actuarial Senior Consultant - Commercial Reserving','ACT0000HF','','','!*!

Job Summary

This individual will be responsible for providing actuarial support for the Commercial Liability (Property & Workers Comp) book of business.  The position provides the opportunity to contribute to the actuarial team that is accountable for the reserving and analytical work for these programs.  They will be a key person in driving forward the overarching goals in Reserving of providing timely and accurate estimates, deeper understanding of these industries, and actionable insights on their performance.

Essential Duties & Responsibilities

Complete reserve reviews, with an opportunity to oversee some reviews, according to annual schedule.  Assist in presenting information to reserving leadership along with observations, areas of concern and recommendations. Works to incorporate results into daily business transactions.

Monitor reserves of product line or segment to ensure present and future reserving strategies to achieve financial strength. Develop ownership over programs by collaborating closely with pricing, claims, finance, and underwriting on analyses, reviews, and other projects, with an emphasis on achieving alignment on messages and priorities.

Support the monthly, quarterly and annual financial close process in conjunction with actuarial reporting team; this includes supporting the booking of reserves by product, coverage, accident year and preparation of various financial exhibits, reports and disclosures.

Performs complex actuarial calculations and actuarial studies.

Produces highly technical reports and communicates with other analytical staff and management including presentations to senior management.

May participate in or be responsible for special projects and presentations.

Stays up to date in functional area of expertise, on industry trends and developments, and assures knowledge transfer within the organization.

May perform additional duties as assigned.

Reporting Relationship

Director or above

Skills, Knowledge & Abilities

Strong knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.

Advanced technical expertise and product specific knowledge.

Strong interpersonal, communication and presentation skills. Ability to effectively interact with all levels of CNA’s internal and external business partners.

Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex situations and issues

Solid project management, organization, and planning skills with the ability to manage multiple projects effectively and lead teams.

Ability to exercise independent judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews.

Ability to solve issues with a sense of urgency; utilizes and manages the available resources to make informed decisions and achieve superior results.

Ability to creatively and effectively manage through ambiguous and challenging problems, leads through change and takes appropriate levels of risk.

Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports.

Solid knowledge of Microsoft Office Suite and other business-related software systems, including processing systems and applications.

Education & Experience

Bachelor's Degree in a relevant discipline, or equivalent.

Typically a minimum of seven years of related work experience.

Generally, will have Associate accreditation and may be working toward Fellowship.

 ','!*!

Job Summary

This individual will be responsible for providing actuarial support for the Commercial Liability (Property & Workers Comp) book of business.  The position provides the opportunity to contribute to the actuarial team that is accountable for the reserving and analytical work for these programs.  They will be a key person in driving forward the overarching goals in Reserving of providing timely and accurate estimates, deeper understanding of these industries, and actionable insights on their performance.

Essential Duties & Responsibilities

Complete reserve reviews, with an opportunity to oversee some reviews, according to annual schedule.  Assist in presenting information to reserving leadership along with observations, areas of concern and recommendations. Works to incorporate results into daily business transactions.

Monitor reserves of product line or segment to ensure present and future reserving strategies to achieve financial strength. Develop ownership over programs by collaborating closely with pricing, claims, finance, and underwriting on analyses, reviews, and other projects, with an emphasis on achieving alignment on messages and priorities.

Support the monthly, quarterly and annual financial close process in conjunction with actuarial reporting team; this includes supporting the booking of reserves by product, coverage, accident year and preparation of various financial exhibits, reports and disclosures.

Performs complex actuarial calculations and actuarial studies.

Produces highly technical reports and communicates with other analytical staff and management including presentations to senior management.

May participate in or be responsible for special projects and presentations.

Stays up to date in functional area of expertise, on industry trends and developments, and assures knowledge transfer within the organization.

May perform additional duties as assigned.

Reporting Relationship

Director or above

Skills, Knowledge & Abilities

Strong knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.

Advanced technical expertise and product specific knowledge.

Strong interpersonal, communication and presentation skills. Ability to effectively interact with all levels of CNA’s internal and external business partners.

Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex situations and issues

Solid project management, organization, and planning skills with the ability to manage multiple projects effectively and lead teams.

Ability to exercise independent judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews.

Ability to solve issues with a sense of urgency; utilizes and manages the available resources to make informed decisions and achieve superior results.

Ability to creatively and effectively manage through ambiguous and challenging problems, leads through change and takes appropriate levels of risk.

Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports.

Solid knowledge of Microsoft Office Suite and other business-related software systems, including processing systems and applications.

Education & Experience

Bachelor's Degree in a relevant discipline, or equivalent.

Typically a minimum of seven years of related work experience.

Generally, will have Associate accreditation and may be working toward Fellowship.

 ','CNA is an Equal Opportunity Employer committed to a diverse work culture. M/F/D/V.','CNA is an Equal Opportunity Employer committed to a diverse work culture. M/F/D/V.','Actuarial','Actuarial','United States-Illinois-Chicago','United States-Illinois-Chicago','','','ACTUARY CORP (Corporate)','ACTUARY CORP (Corporate)','Jan 2, 2018','Jan 2, 2018','Ongoing','Ongoing','','','false','false','178524','178524','true','178524','false','Submission for the position: Actuarial Senior Consultant - Commercial Reserving - (Job Number: ACT0000HF)','false','178524','false','true','https://cna.taleo.net/careersection/jobdetail.ftl?job=ACT0000HF&lang=en','Actuarial Senior Consultant - Commercial Reserving','true

Company info

CNA.
Website : http://www.cna.com/

Company Profile
Since 1897, CNA has been providing outstanding service and an ongoing commitment to building long-term relationships, earning us a reputation for being a carrier that inspires trust. At CNA, we take pride in our ability to offer innovative products and services that meet the evolving needs of our customers and business partners alike. As the 7th largest U.S. commercial insurer and the 13th largest U.S. property & casualty insurer, we provide insurance protection to more than one million businesses and professionals in the U.S. and internationally. We understand the importance of being where our customers are. Headquartered in Chicago, CNA has offices throughout the U.S., Canada and Europe. In these locations, we work with highly professional independent agents and brokers to ensure our customers receive the personal service and attention they look for in a carrier.

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