Actuarial Senior Consultant – Pricing (Healthcare Medical Malpractice)

01460 Continental Casualty Company; Chicago (IL); On-site; USD 72,000 - 141,000; Full time

Job summary

CNA is seeking a seasoned actuarial professional to shape pricing for the Medical Professional Liability portfolio across diverse healthcare segments. You will partner with senior leaders to develop analyses and recommendations that influence pricing decisions and long‑term strategy.

Ideal candidates have ACAS and are pursuing FCAS, with seven years of related experience and strong communication skills to influence at all levels. The role offers a hybrid schedule with some office presence.

Qualifications

• Bachelor’s degree in a relevant discipline or equivalent.
• Typically a minimum of seven years of related work experience.
• ACAS designation and working towards FCAS; FCAS may be attained.

Responsibilities

• Establishes relationship with business partners and subject matter experts, provides actuarial guidance as needed.
• Builds strong relationships with peers, business partners and leaders to influence segment strategy with actionable insights.
• Provides analyses to assist in determining pricing strategy for Healthcare Pricing.
• Produces highly technical actuarial analyses and reports.
• Communicate findings to management and other analytical staff.
• Drives innovation and leverages AI to improve efficiency and analytical capabilities.

Skills

Actuarial pricing

Healthcare pricing

Communication skills

Analytical thinking

Project management

Leadership

Education

Bachelor’s Degree

ACAS designation

FCAS anticipated

Job description

Job Summary

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. As a member of CNA’s Actuarial organization, you will be part of a community that provides deep specialization and discipline as trusted advisors, unlocks data to enable business partners to advance our global market strategy, and drives business solutions through actionable analytics and insights. In this role, you will help shape the pricing strategy for CNA's Medical Professional Liability portfolio across a diverse range of healthcare segments, including Dentists, Nurses, Physicians, Aging Services, and Allied Facilities. Working closely with business partners and senior actuarial leaders, you will develop analyses and recommendations that directly influence pricing decisions and long-term business strategy. You'll gain broad exposure to the business while developing healthcare expertise and strengthening your technical, strategic, and communication skills. Prior healthcare pricing experience is a plus, but not required.

In this position, you will enjoy a hybrid work schedule that consists of one day per week in one of our CNA offices with the option to work the remainder of your week remotely.

Exam taking candidates can participate in our Actuarial Education Program which provides competitive study support and exam raises as you grow your skills.

Essential Duties & Responsibilities

• Establishes relationship with business partners and functional subject matter experts, provides actuarial guidance as needed.
• Builds strong relationships with peers, business partners and leaders in order to influence a specific segment's strategy through the use of actionable insights and analytics.
• Provides analyses and insights to assist in determining pricing strategy for Healthcare Pricing.
• May create and modify existing tools/analytics as needed.
• Proactively monitors profitability/reserving and claim trends for Healthcare Pricing and shares results with recommendations to leaders and underwriting partners/ claim, underwriting and pricing business partners.
• Provides guidance to less experienced team members and manages projects as needed.
• Produces highly technical actuarial analyses and reports.
• Communicate findings to other analytical staff and management.
• Stays up to date in actuarial expertise and industry trends and development.
• Drives innovation in processes while maintaining clear documentation of methods.
• Leverage Artificial Intelligence (AI) to improve efficiency and enhance analytical capabilities.
• May perform additional duties as assigned.

Reporting Relationship

Assistant Vice President

Skills, Knowledge & Abilities

• Strong knowledge of core functions of an insurance company and actuarial and statistical concepts.
• Advanced actuarial technical expertise and product specific knowledge.
• Ability to effectively to communicate and influence using analyses at various levels, including senior leadership.
• Experience building successful business partnerships.
• Strong analytical, critical thinking and problem solving skills with the ability to effectively resolve complex situations and issues.
• Solid project management skills with ability to manage multiple priorities effectively and lead teams.
• Ability to make critical business decisions effectively within scope of authority.
• 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 seven years of related work experience.
• ACAS designation and working towards FCAS.
• May include those that have attained their FCAS.

#LI-hybrid #LI-KP1

Salary and Benefits

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 $72,000 to $141,000 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.

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]

Corporate Culture & Inclusion

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. 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.