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.
This position can be a Director & Actuary or Director & Assistant Actuary level depending on the candidate's skills and experience.
Navigators Re (The Hartford’s Global Reinsurance business) supports over $700M of premium across a number of niche lines worldwide. The management team has a strong desire to expand the breadth and depth of its Reinsurance portfolio with ambitions to grow our capabilities in the marketplace.
This position is part of an Actuarial team responsible for pricing and portfolio management for NavRe business. Lines of business include Professional Liability, Casualty, LatAm P&C, LatAm Group Life & Disability, US and International Property, Agriculture, Global Credit and Surety.
The Actuary will need to establish strong relationships with the global underwriting teams and business partners including CAT Modeling, Actuarial Reserving, Claims and Finance. This position has no direct reports.
Responsibilities:
Support pricing for new and renewal business at NavRe across all lines including
Work with underwriters to develop pricing recommendations
Properly document pricing decisions
Evaluate and document risk transfer
Provide timely and accurate views of profitability, including insights into line of business performance by producing profitability studies, regular parameter updates, and supporting accumulation management
Develop best in class pricing and modeling tools for the business
Provide support and input into the quarterly reserve cycle and planning.
Qualifications:
4+ years of demonstrated experience in reinsurance or complex pricing, modeling or related actuarial function.
Recent ACAS or FCAS preferred. Candidates with actuarial experience not pursuing exams will be considered.
Strong technical, analytical and data skills; Excel required and experience with VBA, R and/or Python preferred.
Experience in Professional Liability and/or Casualty lines of business is preferred.
Experience working independently as well as part of a team.
Self-motivation, creativity, time-management, project-management, and customer-management skills will be beneficial in this role.
Excellent written and verbal communication skills with the ability to convey technical concepts to audiences of various levels and diverse technical backgrounds.
Flexibility and willingness to adapt to changing priorities.
Process improvement mindset and skilled at developing efficiencies.
With our significant presence in LatAm with our Miami based team, Spanish fluency would be a plus.
Undergraduate degree in mathematics, actuarial science or related field of study required.
Location:
This position is based in Stamford, CT or Hartford, CT. The Hartford is proud to offer a hybrid work location model that is designed to support flexibility. Tuesday, Wednesday and/or Thursday are designated as enterprise core days, when we expect most employees in hybrid work arrangements to come to the office.
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:
$120,960 - $201,600Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
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Director & Actuary - AM06AEWorking 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.