Actuarial Analyst - Global Specialty Financial Lines
The Hartford · Hartford, United States · 1d ago
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
Description:
The position is part of the Global Specialty US Actuarial pricing team supporting the Financial Lines book of business. The candidate will gain exposure to specialized lines of business in Professional Line Errors & Omissions and Cyber. The position will work in close partnership with our Underwriting Divisions as well as Finance, Claims, and IT departments.
Responsibilities:
- Support financial planning and budgeting, including frequency and severity trend analyses and LRP.
- Assist in the development, enhancement and maintenance of actuarial pricing methodologies and tools used by the Underwriting and Product teams. This includes tools focusing on risk segmentation as well as the development of account-specific indicated premium.
- Identify and analyze critical pricing and profitability benchmarks.
- Analyze internal pricing results and competitor information when available.
- Assist in developing and maintaining price monitoring systems and tools.
- Partner with Actuarial and other colleagues within The Hartford who support similar lines of business.
- Foster strong connections between teammates and key business partners to help develop, guide and monitor strategy
Qualifications:
- Bachelor’s Degree required.
- Sr Actuarial Analyst:
- Actuarial exam path to become a credentialed actuary with at least 3+ passed exams required.
- Minimum of 2+ years of Property and Casualty Insurance Actuarial experience.
- Actuarial Analyst:
- Actuarial exam path to become a credentialed actuary with at least 1 passed exam required.
- Knowledge of Actuarial pricing and reserving techniques.
- Strong technical/analytical skills; proficiency in Excel required and experience with R/Python preferred.
- General knowledge of Property and Casualty insurance operations.
- Effective oral and written communications skills.
- Independently motivated; constantly looks for areas to add value.
- Teamwork skills including ability to effectively collaborate and work with individuals across various teams.
Work Arrangement:
This position will have the expectation of working in an office 3 days a week (Tuesday through Thursday) into our Hartford, CT office.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$76,800 - $137,400The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
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