Note: this role is no longer available. Find roles from actively hiring companies at the link below.
Go Home
The Hartford

The Hartford

Actuarial Associate - National Accounts - (Remote Option)

Actuarial Associate - National Accounts - (Remote Option)

Job Details
""
Uploaded On
May 16, 2023
""
Location
Hartford, CT
""
Remote?
Yes
Company Overview
""
Headquarters
Hartford, CT
""
Number of Employees
19500
Estimated Number of Actuaries
307
Salary
$
100
k-$
140
k
Glassdoor Ratings
""
Recommend to a Friend
79%
""
Overall Score
4.0 / 5

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.

** Please note, candidates pursuing exams as well as those not pursuing exams will be considered for this role.  This role can be part of our Actuarial Student Program for an individual meeting requirements for entry into the program. **

This position supports The Hartford's National Accounts, Captives and Energy teams by providing actuarial guidance and developing, enhancing and maintaining various pricing models.  The National Accounts segment writes loss sensitive large commercial accounts that are individually priced, often with tailored policy coverages. The Captives segment offers unique insurance arrangements where Captive members share and pool insurance risk on the primary layer, while The Hartford retains excess layer risk.  Pricing both types of risks requires the use of complex WC, GL, and Auto rating tools. In addition, this position may provide support for the Energy segment across all lines of business.

Responsibilities

  • Perform insightful account-specific analyses that enable the business to price new and renewal policies and to set collateral levels.  This will require the actuary to challenge the status quo and think creatively as well as to communicate complex concepts to business partners.
  • Update Pricing Model parameters on a regular basis while adding enhancements for improved accuracy and process efficiency wherever possible
  • Stay apprised of broader industry trends and perspectives
  • Enhance actuarial support to Segment Business Leaders, by providing timely and accurate views of profitability and performing analytics that proactively identify and address business issues
  • Proactively communicate findings and recommendations to business partners in a manner that is understandable and actionable
  • Partner with Underwriting to deliver training on various tools.

Experience & Skills

  • 3-5+ years of actuarial experience with demonstrated analytic skills and a proven record of success closely aligned with supporting a business.
  • Near/recent ACAS with progress towards FCAS, but related experience considered in lieu of actuarial credentials. We will consider filling this role as part of our actuarial student program for a qualified candidate meeting requirements for entry into the program.
  • Experience in pricing P&C commercial lines.
  • Must be proficient in Excel; knowledge of statistical modeling techniques and R a plus.
  • Collaborative problem solver with experience working independently in a dynamic and matrixed environment.
  • Demonstrated communication skills – both oral and written; effective at communicating actuarial issues and results to non-actuarial personnel
  • Proactive individual, with demonstrated creativity and innovation, who can drive a process to a conclusion while meeting critical deadlines
  • Customer relationship and influencing skills

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:

$100,000 - $140,000

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

About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits

AD & Actuarial Associate - AS07AE
Apply Now

Working at 

The Hartford

The Hartford is a leading insurance company that has been serving customers for over 200 years. The company offers a range of insurance products, including home, auto, and business insurance, to protect individuals and organizations from financial loss. The Hartford is known for its commitment to providing high-quality coverage and excellent customer service, and has a strong reputation in the industry. In addition to traditional insurance products, The Hartford also offers a range of specialty coverage options and innovative risk management solutions to meet the diverse needs of its customers. The company has a national presence in the United States and serves customers around the world.