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Under broad supervision, the Actuarial Analyst is responsible for providing actuarial reserving support and research across various casualty products (Umbrella & GL Reserving). This position also participates in CNA's Actuarial Education Program which provides competitive study support while developing actuarial knowledge through credentialing exams.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
- Analyzes financial, statistical and mathematical data and performs actuarial calculations to identify trends driving business outcomes.
- Assists in the determination of reserves and/or cash flow projections to support quarterly reserve reviews.
- Collaborates with business partners to gather information and assists in preparation of material for meetings.
- Contributes to monitoring trends and recommendation development within a specific product line or business segment.
- Assists in preparing variety of standard and special reports for management as needed.
- Accountable for maintaining documentation of methods.
May perform additional duties as assigned.
Reporting Relationship
Director or above
Skills, Knowledge & Abilities
- Knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.
- Good analytical and problem solving skills with the ability to effectively resolve simple to moderately complex situations and issues. Demonstrates attention to detail.
- Ability to effectively interact with all levels of CNA’s internal and external business partners.
- The ability to exercise independent judgment and make sound business decisions effectively based on developing actuarial concepts, analyses.
- Ability to adapt to change and value diverse opinions and ideas.
- Good time management and organizational skills with the ability to prioritize and complete work and/or projects effectively.
Education & Experience
- Bachelor's Degree in a relevant discipline, or equivalent.
- Entry level (typically up to two years of experience), which includes progress toward actuarial accreditation of one to three successfully completed CAS exams.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contactleaveadministration@cna.com.