At a glanceSummarised by Seekless from the posting.
Must have9
Bachelor's Degree
Actuarial exam path to become a credentialed actuary with at least 2 passed exams
Minimum of 2+ years of Property and Casualty Insurance Actuarial experience
Knowledge of Actuarial pricing and reserving techniques
Strong technical/analytical skills; proficiency in Excel
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
Nice to have1
Experience with R/Python
Skills
Excel
R
Python
Benefits
Short term bonus
Annual bonus
Long term incentives
On the spot recognition
About the role
Sr. Actuarial Analyst - AS08AE
AD & Associate Actuary - AS07AE
About the company
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.
Join our Workers’ Compensation line of business pricing actuarial team, supporting a $3.5B book across both Small (SB) and Middle & Large (M&L) Business segments. As a market leader within the WC industry there is significant visibility from leadership.
This Sr Actuarial Analyst position plays a key role for the WC LOB Actuarial team, supporting the team’s planning responsibilities. The candidate will gain deep exposure into Loss Ratio Planning (LRP), monitoring of underlying loss cost trends, as well as supporting our leadership communications (MOM/MBR and quarterly HOTL). The position will work in close partnership with a variety of business partners including SB & M&L segment actuarial, reserving, performance analytics, product, data science, IT, and others.
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.
Responsibilities
As a key member of the WC LOB Actuarial team, this role will support a broad set of core actuarial activities, including:
•
Own key components of the annual Loss Ratio Planning processes, including analyses of historical and prospective loss trends, large losses, ALAE, and related topics.
•
Monitor loss and business performance relative to planned expectations, with responsibility for supporting monthly and quarterly Health of the Line leadership reviews.
•
Perform ad-hoc, in-depth analyses to diagnose key drivers of performance vs plan.
•
Partner with the team to continuously improve the group’s analytical tools, processes, and capabilities
•
Stay current on industry trends and external perspectives to help inform internal analyses.
Qualifications:
•
Bachelor’s Degree required.
•
Actuarial exam path to become a credentialed actuary with at least 2 passed exams required.
•
Minimum of 2+ years of Property and Casualty Insurance Actuarial experience.
•
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 role will be hybrid in our Hartford CT location.
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:
$91,600 - $137,400
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
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