Consulting Director, Actuarial
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.
An experienced Actuary who directly manages plans and implements large complex actuarial deliverables such as pricing modernization portfolio performance management and underwriting support. The incumbent will be accountable for working to establish a pricing and portfolio analytics strategy for the Canadian Branch. The incumbent will work closely with our Underwriting Partners and Global Actuarial Team.JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines
- Leads the development and application of portfolio analytics to identify profitability trends rate adequacy issues growth opportunities and underwriting actions across Canadian business segments.
- Provides business partners and functional subject matter expertise actuarial guidance and business insights related to profitability. Acts as account manager on key broker/client engagements.
- Builds strong relationships with team members peers business partners and leaders across multiple functions 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 portfolio management and underwriting strategy for the Canadian Branch. 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 and/or executes onthe production of highly technical actuarial analyses including pricing segmentation rate monitoring and portfolio performance reporting to support senior management and underwriting decisions.
- Stays up to date in actuarial expertise provincial/federal regulations and industry trends and development to lead decisions related to line of business.
- Ensures team is maintaining clear documentation of methods.
Skills Knowledge & Abilities
- Senior level knowledge of actuarial principles practices and procedures and industry issues as they relate to the organization.
- Strong capability in portfolio diagnostics profitability analysis rate monitoring and translating actuarial insights into business actions.
- 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 assumes 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.
- Strong knowledge of Microsoft Office Suite and other enterprise business tools including responsible use of AIenabled technologies (such as Copilot or similar) to enhance efficiency analysis and workflow in accordance with company policies.
Education & Experience
- Bachelors Degree in a relevant discipline or equivalent.
- Typically a minimum of ten years of related work experience.
- Typically has attained Fellowship accreditation (FCAS).
Our Total Rewards philosophy reflects our commitment to building a high-performing inclusive culture where every team member is empowered to grow contribute and thrive. We value the unique strengths and perspectives each individual brings to our business our clients and our communities. The base salary range for this position is $125000 to $156000 complemented by a comprehensive and competitive benefits package to help our employees and their family members achieve their physical financial emotional and social wellbeing goals. Base salary determinations are based on various factors including but not limited to relevant work experience skills certifications and location. Please note that this posting is for an existing vacancy.
At CNA we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire please inform Human Resources. If a selected applicant requests accommodation during the recruitment process CNA will consult with the applicant in order to provide suitable accommodation that takes into account the applicants accessibility needs.
Required Experience:
Director
About Company
CNA provides insurance solutions to more than 1 million businesses and professionals worldwide. With more than 100 years of industry experience, CNA has earned a reputation as one of the most trusted commercial insurance companies in the business. We’re a powerful legacy built on expe ... View more