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

The Hartford

Actuary, Global Specialty Pricing, Remote Option

Actuary, Global Specialty Pricing, Remote Option

Job Details
""
Uploaded On
December 14, 2022
""
Location
Hartford, CT
""
Remote?
Yes
Company Overview
""
Headquarters
Hartford, CT
""
Number of Employees
19500
Estimated Number of Actuaries
307
Salary
$
96
k-$
144
k
Glassdoor Ratings
""
Recommend to a Friend
79%
""
Overall Score
4.0 / 5

Find Similar Jobs

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. **

The position is part of the Global Specialty US Actuarial pricing team supporting the $1 Billion book of business that includes Wholesale (Primary and Excess Liability, Specialty Auto, Property, Inland Marine), Ocean Marine, Environmental, and Livestock coverages. This 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 price monitoring, rate development, rate filing support where applicable, and profitability studies.

Pricing

  • Refine, enhance, and/or create rating and pricing models.
  • Identify and analyze critical pricing and profitability benchmarks.
  • Design and build sophisticated pricing strategies to profitably grow various books of business.
  • Analyze internal pricing results and competitor information when available.
  • Develop and maintain 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.

General

  • Support financial planning and budgeting.
  • Collaborate with Underwriting to help guide and monitor strategy.
  • Initiate and participate in the development of procedures to improve data quality.
  • Present analyses and recommendations to teammates and business partners to guide future decisions.

Experience & Skills

  • Undergraduate degree with a major in Mathematics, Actuarial Science or related field of study.
  • Near to recent ACAS/FCAS preferred.  Candidates with Actuarial experience not pursuing exams will be considered for this opportunity.
  • Minimum 3-5+ years of Property and Casualty Insurance Actuarial experience.
  • Excess and surplus lines experience is preferred, but other experience in supporting lower frequency/higher severity products may also be applicable.
  • Knowledge of Actuarial pricing and reserving techniques.
  • Demonstrated technical/analytical skills; proficiency in Excel required and experience with R/SQL 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 with and influence individuals at different organizational levels.
  • Note this can be a full time, remote work opportunity.

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:

$96,240 - $144,360

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

---

Skills:

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.

Find Similar Jobs