AD and Actuarial Associate

Title: AD & Actuarial Associate

Location: Hartford CT- Home

Hybrid

Full time

Job Description:

 

Actuarial Assistant - AS08AE

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.          

Overview of the Position

This position drives profitable growth for The Hartford’s $3 billion portfolio of Auto and Home products by analyzing and evaluating actuarial pricing performance at the state level, and providing action-oriented solutions to Pricing and Product Management leadership. 

We are looking for someone with strong statistical, analytical and communication skills, with a desire to challenge and continuously improve established processes and to creatively solve new problems.

Responsibilities

• Independently develop and communicate key state performance metrics such as actuarial rate indications, trends, loss development patterns, and catastrophe loads in support of rate filings, performance monitoring, profitability analyses or other ad hoc analyses. 

• Communicate to win internal and external approval on proposed changes.

• Create and improve analytical tools utilizing knowledge of advanced actuarial methods and technical skills.

• Develop and maintain strong partnerships with countrywide and state product management, technology, operations, data science, actuarial, compliance and legal organizations.

• Participate in countrywide projects, class plan enhancements or maintenance of complex product features.

• Work as a team to continuously improve the analytical capabilities of the organization, including data capabilities and increased automation, documentation, and quality measures.

Experience & Skills

• Bachelor’s Degree required.

• 3-5 CAS exams required.

• 2+ years of experience in insurance/financial service sector, familiarity with Personal Lines products a plus.

• Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex issues.

• Strong Excel skills required. Knowledge of SQL, VBA, R, Python, SAS or similar code languages a plus.

• Excellent written and verbal communication skills.

• Attention to detail with strong time and project management skills.

• Driven, intellectually curious, passionate, resourceful and creative.

• Proactive individual, who challenges existing processes, can influence others and drive a process to a conclusion while meeting critical deadlines.

***This position can be filled at different levels based on experience.

Salary $88,160 -  $163,200

This role can have a Hybrid or Remote work schedule.  Candidates who live near one of our office locations will have the expectation of working in an office 3 days a week (Tuesday through Thursday).   Candidates who do not live near an office will have a remote work schedule, with the expectation of coming into an office as business needs arise. 

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:

$88,160 - $163,200

The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.