You are a driven and motivated problem solver ready to pursue meaningful work. You strive to make an impact every day & not only at work, but in your personal life and community too. If that sounds like you, then you've landed in the right place.

Description of the Position:

This position is primarily responsible for assisting the Reinsurance and Runoff Reserving Team in the analysis of latent liability exposures, emerging torts, asbestos and environmental (A&E) accounts, and potentially uncollectible reinsurance.  This is a individual contributor role, with opportunities to increase efficiency and effectiveness of reserving practices within the team as well as across the reserving department.  The position requires strong communication skills, with emphasis on discussing individual accounts with the claim and legal teams and opportunities to present findings to senior claim, legal, and actuarial management.

The nature of the analysis varies from projecting reserves using traditional triangle-based approaches to building individual account models to quantifying the collectability risk of ceded reinsurance balances.  In this position, one can learn more about latent liability exposures, the allocation of large losses across a coverage chart of potentially applicable primary, umbrella, and excess layers, and the estimation of collectable reinsurance for a modeled exposure.  The subject reserve studies have a high profile, as historically results have had material impacts on the company’s balance sheet.

**Candidates pursuing exams as well as those not pursuing exams will be considered for this role. The role can be part of our large Actuarial Student Program where students enjoy very supportive benefits and rewards on their path to fellowship.**

Opportunities:

·Gain an in-depth understanding of mass tort exposures

·Learn about legacy companies and their remaining exposures

·Use both top-down and bottom-up methods to estimate reserves

·Partner with Claims, Legal, and others to help to develop a reserve range for individual, large, unique exposures

·Develop innovative and creative projection methods where little or no historical data is applicable

Responsibilities of this role include assisting with:

·Performing specific mass tort reserve reviews and reporting out results to leadership

·Analyzing the provision for future re-assumed reinsurance and reporting out results to leadership

·Projecting portions of the asbestos and environmental (“A&E”) reserves

·Find innovative efficiency gains in the existing processes

Required Experience and Skills:

• 1+ years of actuarial experience in P&C insurance reserving.

• Strong analytical and critical thinking skills, with thorough attention to detail.

• Experience with R and SQL is a plus.

• Strong written and verbal communication skills to convey technical results to the business and influence decisions.

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:

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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