AVP - Pricing, Long Term Care-ACT0000NV

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Job Summary
CNA’s Long Term Care (“LTC”) business is seeking an Officer with responsibility for the direction and management of our Long Term Care (“LTC”) Pricing function. This individual will lead efforts to develop and implement pricing strategies in support of achieving divisional objectives.

Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:

  1. Leads, directs and has full management accountability for staff of four in area of responsibility with an emphasis on talent management and succession planning in accordance with corporate strategic direction.
  2. Establishes and manages pricing initiatives that have significant impact on the success of LTC product line.
  3. Monitors profitability of product line to ensure present and future pricing strategies achieve profitability objectives. Collaborates with Actuarial, Finance, Data & Analytics, Operations, and other internal departments to exchange data and analyses of financial indicators.
  4. Presents product line or block analyses to senior management and makes recommendations on pricing and pricing related issues.
  5. Oversees preparation and accuracy of reports used for rate filings and internal actuarial analysis.
  6. Meets with regulators to discuss rate increase filings, rate increase offers, and objections.
  7. Fosters innovation and empowers others to take calculated risks and continuously improve skill, efficiency and quality of work.
  8. Remains current on state/territory issues and regulations, industry activity and trends. May represent the company in industry trade groups.
  9. May act as expert witness and may represent the company with government agencies.

May perform additional duties as assigned.

Reporting Relationship
SVP, Long Term Care

Skills, Knowledge & Abilities

  1. Leadership and management skills demonstrating integrity and professionalism.
  2. In depth knowledge of pricing theories and practices preferred.
  3. Project Management skills required; ability to tie project results to business goals.
  4. Ability to effectively collaborate with all levels of external and/or internal business partners within scope of responsibility, team and/or matrix environment.
  5. Ability to drive results by identifying, and resolving problems within scope of responsibility.
  6. Knowledge of the insurance industry, its products and services.
  7. Knowledge of Microsoft Office Suite and other business-related software.
  8. Long Term Care Insurance experience preferred.

Education & Experience

  1. Bachelor’s Degree in Finance, Business, Math, Actuarial Science or related field required.
  2. Typically a minimum of 10 years of related work experience, with five years of management experience.
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Technology we use

  • Engineering
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  • Sales & Marketing
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    • MarketoLead Gen

Location

Located in the heart of the loop, CNA’s headquarters are at 151 N Franklin. With close proximity to both L and Metra stations.

An Insider's view of CNA

How would you describe the company’s work-life balance?

Work-life balance has always been a priority for me. It always will be. CNA’s hybrid working model allows me to not only maximize collaboration with my peers but also take advantage of increased flexibility by combining remote and in-office work. I’m empowered to take control of my schedule based on what works best for me and my team.

Alison Massey

Agile Scrum Master Consultant

How does the company support your career growth?

Throughout my five-year career, I’ve seen CNA value creating thinking and continuous learning. My managers actively encourage me to pursue rewarding professional development opportunities. Those opportunities have had a direct impact on my career growth. At CNA, the opportunities are endless and your career aspirations matter.

Alaina Cole

Underwritting Specialist

What unique initiatives do you have that encourage innovation?

We have an Innovation program and team that designs processes to encourage creative thinking and capture ideas across CNA. In addition to collaborating with and learning from world-class technology partners, we also host events such as our Innovation Summit and Hackathon, which bring winning competition ideas to life in real products and services.

Keith Zhang

Architecture Consulting Director

What's the biggest problem your team is solving?

A primary focus of my team is reducing the time-to-market associated with machine learning models. By leveraging cutting-edge cloud services and streamlining processes, we’re enhancing the model development lifecycle. That enhancement allows us to use efficient, effective predictive analytics when making business decisions.

Ryan Gulden

Senior AI/ML Engineer

What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Financial & Retirement
401(K)
401(K) matching
Company equity
Employee stock purchase plan
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Generous parental leave
Family medical leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid holidays
Paid sick days
Office Perks
Relocation assistance
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Online course subscriptions available

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