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Job opportunity
Pricing - Actuarial Global Specialty Financial Lines
The Hartford
Hartford, CT; Hartford CT- Home Office; Charlotte, NC; United States - Remote; Chicago, IL
Source: The Hartford careers · View original posting
- Pay
- 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: $113,200 - $169,800
- Employment
- full time
Employer job description
From The Hartford's posting. “We” and “our” refer to the employer.
AD & Associate Actuary - AS07AE
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.
The position is part of the Global Specialty US Actuarial pricing team supporting the Financial Lines book of business. This role supports this segment’s success as the Assistant Director & Actuarial Associate for Private Company Management Liability business. The position will work in close partnership with our Underwriting Divisions as well as Finance, Claims, and IT departments.
Responsibilities:
- As a key member of the Global Specialty Actuarial team, this individual will perform a variety of actuarial functions including rate development, price monitoring, loss ratio planning, profitability studies and rate filing support where applicable. This person will also assist with semi-annual reserve studies.
- We seek a candidate with strong statistical, analytical and communication skills, who is eager to challenge and continuously improve established processes and creatively solve new problems.
Please note: This position can be part of our Actuarial Student Program for individuals meeting the entry requirements.
Pricing:
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.
Seek out innovative approaches and apply R/SQL skills to enhance existing processes and utilize predictive modeling.
Partner with Actuarial and other colleagues within The Hartford who support similar lines of business.
Foster strong connections between teammates and key business partners.
General:
Support financial planning and budgeting, including frequency and severity trend analyses.
Collaborate with Underwriting to help develop, guide, and monitor strategy.
Initiate and participate in the development of procedures to improve data quality.
Present analyses and recommendations to business partners to guide future decisions.
Qualifications:
- ACAS or near-ACAS preferred. Candidates with actuarial experience not pursuing exams will also be considered.
Compensation
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:
$113,200 - $169,800
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It’s Like to Work Here | Perks & Benefits
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