Senior Actuarial Consultant - Long Term Care Reserving ...

CNA’s Long Term Care (LTC) business unit is not your typical slow moving insurance company; we have the resources of a large company behind us and operate with a start-up mindset. With a team of over 50 across multiple insurance disciplines of Operations, Claim, Anti-Fraud, Finance, Actuarial and Data Analytics, we move quickly and have clear insight into how we make an impact. With approximately $14b in reserves serving 300k policyholders, CNA’s LTC business is an important strategic priority for CNA. This is an exciting opportunity to drive strategy and execution as a member of CNA's LTC Reserving and Experience Analysis team. Come work in a highly collaborative environment with key internal and external business partners to support the financial management associated with CNA’s Long Term Care business. Use your technical strengths, detail-oriented mindset and strong communication abilities to create change while being a steward of the business. This position works a hybrid schedule from the CNA Chicago office (151 N Franklin St.) and offers full actuarial exam study support, flexible work options, and a focus on professional development! Applicants at both the consultant and senior consultant levels will be considered, position level will be determined based on qualifications.**JOB DESCRIPTION:****Essential Duties & Responsibilities***Performs a combination of duties in accordance with departmental guidelines:** Performs complex actuarial calculations and helps drive the monthly reserving and financial close process.* Drives process behind the determination of reserves and/or cash flow projections to support the monthly close process, annual reserve testing for the LTC block of business.* Monitors experience and financial trends for the LTC and structured settlement segments.* Ensures accuracy of all financial reports and statements, with close collaboration with our LTC finance and Actuarial Modeling teams.* Produces highly technical reports and communicates with other actuarial/analytical staff and management including presentations to senior management.* Manages project teams and may be responsible for special projects and presentations.* Facilitates communication and provides technical guidance to business partners and other functional areas (e.g. Claims, Finance, etc.) on actuarial issues.* Provides guidance to less experienced team members and may lead and/or participate in special projects.* Stays up to date in functional area of expertise, on industry trends and developments, and assures knowledge transfer within the organization.**Reporting Relationship**Director or above**Skills, Knowledge & Abilities*** Strong knowledge of core functions of an insurance company, general insurance, actuarial and statistical concepts.* Advanced actuarial and financial expertise and product specific knowledge.* Strong interpersonal, communication and presentation skills. Ability to effectively interact with all levels of CNA’s internal and external business partners.* Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex situations and issues* Solid project management, organization, and planning skills with the ability to manage multiple projects effectively and lead teams.* Ability to exercise independent judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews.* Ability to creatively and effectively manage through ambiguous and challenging problems, leads through change and takes appropriate levels of risk.* Ability to comprehend business data and metrics and to further articulate analyses of actuarial data within internal reports.* Solid knowledge of Microsoft Office Suite and other business-related software systems, including processing systems and applications.* Not required, but a plus: Knowledge of programming and/or data visualization tools such as Alteryx, Tableau, SAS/SQL/R, or experience with Google Cloud Platform or actuarial valuation systems such as AXIS Actuarial Modeling Software, etc.**Education & Experience*** Bachelor's Degree in a relevant discipline, or equivalent.* Typically a minimum of five to seven years of related work experience. Position level will be determined based on qualifications.* Typically has their Associate accreditation (ASA), and may be working towards Fellowship; may include those that have attained their FSA.#LI-KP1#LI-Hybrid*In Chicago/New York/California, the average base pay range for a Consultant to Senior Actuarial Consultant is $97,000 to $185,000. 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 $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. For a detailed look at CNA’s benefits, please visit .*CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact 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. #J-18808-Ljbffr

Created: 2025-09-18