Actuarial Analyst L&H - June 2027 Start

CNA Insurance; Chicago (IL); Hybrid; USD 47,000 - 78,000; Full time

Benefits offered by this job

Hybrid work model

Benefits package

Job summary

CNA Insurance in Chicago is seeking an actuarial professional to analyze financial and statistical data, driving insights for Long Term Care. The role supports rate strategies, reserves and forecasting while collaborating with internal partners.

Ideal candidates have progress toward SOA credentials and a Bachelor's in a relevant field, with 1–3 years of related experience. The position offers a hybrid work model and a comprehensive benefits package.

Qualifications

• Bachelor's Degree in a relevant discipline or equivalent.
• One to three years related experience, including progress toward SOA exams.
• Progress toward SOA credentials preferred.
• Knowledge of core insurance, actuarial and statistical concepts.

Responsibilities

• Analyzes financial, statistical and mathematical data to identify trends driving business outcomes.
• Assists in rate increase strategies, reserves and cash flow projections to support monthly close or asset adequacy testing.
• Collaborates with business partners to gather information for meetings.
• Contributes to monitoring experience trends and providing analytical insights into Long Term Care.
• Prepares standard and special reports for management as needed.
• Maintains robust documentation.
• May perform additional duties as assigned.

Skills

Actuarial analysis

Data analysis

Problem-solving

Communication skills

Independent work

Team collaboration

Education

Bachelor's Degree in a relevant discipline

Tools

Alteryx

Tableau

SAS/SQL/R

Excel

Job description

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.

This position is expected to begin in June 2027. Candidates with progress toward SOA credentials through successful completion of one or more actuarial exams are preferred.

Essential Duties & Responsibilities

• Analyzes financial, statistical and mathematical data and performs actuarial calculations to identify trends driving business outcomes.
• Assists in the execution of rate increase strategies, calculation of reserves and/or cash flow projections to support the monthly close process or supports the annual reserve and asset adequacy testing process for the LTC block of business.
• Collaborates with business partners to gather information and assists with the preparation of material for meetings.
• Contributes to monitoring experience trends and providing analytical insights into Long Term Care.
• Assists in preparing variety of standard and special reports for management as needed.
• Accountable for maintaining robust documentation.
• 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.
• Developing technical expertise and product specific knowledge.
• Good analytical and problem-solving skills with the ability to effectively resolve simple to moderately complex situations and issues; demonstrates attention to detail.
• Good interpersonal and communications skills.
• Ability to effectively interact with CNA’s internal and external business partners.
• Ability to work independently as well as in a team.
• Good time management and organizational skills with the ability to prioritize and complete work and/or projects effectively.
• The ability to exercise independent judgment and make sound business decisions.
• Ability to adapt to change and value diverse opinions and ideas.
• Knowledge of computer applications, including Microsoft Office Suite and other business-related software.
• Not required, but a plus: Knowledge of programming and/or data visualization tools such as Alteryx, Tableau, SAS/SQL/R, or experience with cloud based data platforms or actuarial valuation systems.
• Preferred: Progress toward SOA credentials through successful completion of one or more actuarial exams.

Education & Experience

Bachelor's Degree in a relevant discipline, or equivalent. Typically, a minimum of one to three years related experience, which can include progress toward actuarial accreditation of one to three successfully completed SOA exams. #LI-KA1 #LI-HYBRID

Compensation

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 $47,000 to $78,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

Benefits

• 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.

Recruiting Technology and Accommodations

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 [e-mail].

About CNA

At CNA, we are focused on success, individually and collectively. We pride ourselves on promoting a culture that challenges and engages people. We strive to connect people, departments and business areas, to function as a team, and to serve our customers and communities with professionalism and respect. Our dedication to employee engagement, continuous learning and the open exchange of ideas is the cornerstone of our business. These ideals, combined with our focus on the customer, enable us to explore new market opportunities and build on our success. Our values, culture and financial strength are what differentiates us from other employers and make CNA the place you want to work.

Inclusion & Diversity

At CNA, we are committed to advancing a culture of inclusion – one that attracts talent from all walks of life, fosters respect and collaboration, and enables all of our colleagues to do their best work. At CNA, we have a long standing commitment to the diverse communities in which we live and work. We actively make a difference for the greater good through partnerships, sustainability, initiatives, and working together for a better tomorrow. Corporate Social Responsibility is not one person, or one department, it's the entire enterprise coming together to make the world a better place.