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The Assistant Director & Actuarial Associate position is part of the Global Specialty US Actuarial pricing team supporting the $1.6 Billion book of business that includes Wholesale (Primary and Excess Liability, Specialty Auto, Property, Inland Marine), Ocean Marine, Environmental, and Livestock. This role will primarily support the Excess Casualty, Primary Casualty and Environmental lines of business. The position will work in close partnership with our Underwriting Divisions as well as Finance, Product, Claims, and IT departments.

** 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 requirement for entry into the program. **

Responsibilities

As a key member of the Global Specialty Actuarial team, this individual will perform a variety of Actuarial functions including rate development, price monitoring, loss ratio planning, profitability studies and rate filing support where applicable.

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.
• Partner with Underwriting on large account pricing using experience and exposure rating techniques.

General

• Support financial planning and budgeting.
• Collaborate with Underwriting to help guide and monitor strategy.
• Participate in the development of procedures to improve data quality.
• Seek out innovative approaches and apply R/SQL skills to enhance existing processes.
• Present analyses and recommendations to teammates and business partners to guide future decisions.

Qualifications

• Near to recent ACAS or FCAS preferred. Candidates with actuarial experience not pursuing exams will be considered.

• Minimum 3+ 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.
• Very strong technical/analytical skills; High 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.
• Undergraduate degree with a major in Mathematics, Actuarial Science or related field of study.

Location:

This role will have a Hybrid work arrangement, with the expectation of working in an office (Hartford, CT; Chicago, IL; or Charlotte, NC) 3 days a week (Tuesday through Thursday).

This role is Hybrid and Candidates will have the expectation of working in an office 3 days a week (Tuesday through Thursday).

For full-time, occasional, part-time, or remote positions: (1) high speed broadband internet service is required, we do not recommend or support DSL, wireless, MiFi, Hotspots, Fiber without a modem and Satellite; (2) Internet provider supplied modem/router/gateway is hardwired to the Hartford issued computer with an ethernet cable; and (3) minimum upload/download speeds of 5Mbps/30Mbps will be required. To confirm whether your Internet system has sufficient speeds, please visit http://www.speedtest.net
from your personal computer.

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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