Cna Financial Corporation Work Values

Daily Duties at Cna Financial Corporation:

• Responsible for pricing and valuation of CNA’s $40 billion investment portfolio containing approximately 5,500 fixed income securities in multiple sectors, including investment grade corporates, state and municipal obligations, residential and commercial mortgage-backed, and asset backed securities, Treasuries and other governments, high yield securities, private issue warrants, and exchange traded options. Representing 70% of the CNA balance sheet, pricing/valuation of CNA’s portfolio was a primary component of monthly balance sheet close. • Working interfaces and responsibilities were conducted with investments accounting, corporate accounting, internal audit, operations, and Loews traders. External interfaces included pricing vendors (IDC, Markit, Bloomberg, and Reuters), and as well as Deloitte and the NAIC. • Prepared monthly price statistics analytical reports, and trade distribution reports by sector. • Assigned NAIC designations, and FAS Price Levels (Levels 1-3) • Prepared monthly SOX reports, SOX flow chart reviews, valuation variance analysis and explanation, price challenges, and price verification, monthly and annual price operations audit control reports. Process gaps were identified and resolved from SOX report updates and flow chart updates. • Developed and maintained investment price/valuation models for internally priced securities, monthly yield spread widening/tightening reports, credit default swap spread trend and variance reports. Prepared Loews Corporation monthly and YTD trader detail reports (CNA is a subsidiary of Loews Corp.)

What they like about Cna Financial Corporation:

A hiring company that offers alternative approaches to pay, performance bonuses, and/or equity in the firm is very attractive to you. You're generally less interested in working for an organization offering only traditional, salary-based compensation, one with limited opportunity to acquire equity in the firm, or one that does not actively promote skill development. In addition, you are more likely to choose a company that offers a variety of internal career options, with defined career paths. You view the learning of new skills and development of your expertise as key to your career advancement. These aspects of an organization may become even more important to you as you progress in your field, and are especially critical if you change career or occupation.

Tags

Fixed Income, Hedge Fund, Wholesale, Acceptance Testing, Accounting, Audit, CFO, Consulting, Credit Card, Forecasting

Skills

Financial Review & Assessment, Financial Services Leadership, Quantitative Model Development & Research

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