The Hartford

Actuarial Middle & Large Property Pricing

The Hartford  •  $77k - $115k/yr  •  United States (Hybrid)  •  3 hours ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Actuarial Analyst - AS08CE

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

Middle & Large BusinessActuarial has a rotational opening for an Actuarial Analyst supportingtheproperty line of businessThis is a strong individual contributor role which supportsproperty pricing tools across M&L property segments.This role is focused on building and enhancing tools and models to allow underwriters to grow the book whilemaintainingstrong profitability.This position will closely partner withProduct, UW, ASM, ERM, and Segment Actuarialareas toenhance ratingmethodologyand supportprofit and growth goalsThe positionwill develop a deep understanding of account-level pricing mechanics and market dynamics across Property segments, building a core foundation of pricing skills.

This position is ideal for someone who is looking to gainexpertiseworking in a line of business, has a desire to influence thebusinessand drive new and sophisticatedrate/pricinganalyses and tools across the organization.

Responsibilities:

  • Maintain and enhance property benchmark pricing tools for Property Choice, Large Property, and Inland Marine

  • Perform regular assumption analyses, and suggestnew approachesto better differentiate losses, expenses, reinsurance costs, and profit loads across exposures. Partner closely with ERM and ASM to incorporate modeledxCATand CAT losses.

  • Enhance consistency across property lines by bringing alignment across tools.Strengthencontrols, documentation, and repeatability of benchmark update processes to improve efficiency, reduce key-person risk, and support auditability over time.

  • Support implementation of pricing tools, includingPolicyCenterPPD calculator, LP and Marine tools, and otherPolicyCenterrating support as needed.

  • Conduct dislocation analysis for updates, prepare communication materials, and present results to Actuarial leaders, Product, UW, and Segment Actuarial teams

Experience & Skills

  • Bachelor’s Degree required.

  • Actuarial exam path to become a credentialed actuary with at least 2 passed exams required.

  • Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex issues.

  • Strong Excel skills required. Knowledge of SQL, VBA, R, Python, SAS or similar code languages a plus.

  • Excellent written and verbal communication skills.

  • Attention to detail with strong time and project management skills.

  • Driven, intellectually curious, passionate, resourceful and creative.

  • Proactive individual, who challenges existing processes, can influence others and drive a process to a conclusion while meeting critical deadlines

Work Arrangement:

This role will be hybrid in our Hartford CT location.

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:

$76,800 - $115,200

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us | Our Culture | What It’s Like to Work Here | Perks & Benefits

The Hartford

About The Hartford

Showing up for people isn’t just what we do. It’s who we are – for over 200 years. And while it looks different every day, we do more to innovate for our customers, our communities and our employees. Because you put your trust in us.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Hartford, CT
Year Founded
1810
Social Media