Actuarial Director, Pricing (Property/Marine)

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. 

CNA Insurance is seeking an Actuarial Director responsible for property and marine pricing. This seasoned Actuary directly manages, plans and implements large complex actuarial studies and pricing strategies. In this role you will lead a team and direct the activities of this actuarial area while being accountable to establish a pricing strategy for property/marine lines. You will also provide consultation to Underwriting Partners.

We are open to a variety of work arrangements including fully remote or hybrid from one of our CNA office locations 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 property/marine lines. 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.

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In Illinois/New York/California, the average base pay range for an Actuarial Director is $167,000 to $237,500. 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 is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com.