The Hartford Financial Services Group, Inc

Actuarial Analyst

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate or Graduate degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or related field.
  • Pursuing actuarial exams towards Associate or Fellowship designation.
  • Prior experience in Property and Casualty Insurance Actuarial roles.
  • Strong technical skills, high proficiency in Excel; R/SQL experience is a plus.
  • General knowledge of Property and Casualty insurance operations.
  • Effective verbal and written communication skills.
  • Self-motivated with a focus on adding value.

Responsibilities

  • Complete reserve studies and advise management on reserve decisions.
  • Develop and maintain monitoring tools for actual loss versus expectations.
  • Enhance and create rating and pricing tools.
  • Analyze pricing and profitability benchmarks makings adjustments as needed.
  • Compare internal pricing results with competitor data.
  • Collaborate with Underwriting to monitor and guide pricing strategy.
  • Initiate procedures to improve data quality.
  • Leverage R/SQL skills to enhance analytical processes.

Benefits

  • Participation in a large leadership development program.
  • Access to structured rotations and advanced training.
  • Networking and teambuilding opportunities.
  • Supportive exam benefits and rewards throughout your path to fellowship.
Full Job Description
Actuarial Analyst - AS08CE

Actuarial Analyst - AC08DE

Actuarial Students are key members of the Actuarial community as the perform a variety of Actuarial projects including reserve reviews, price monitoring, enhancing pricing tools and rate filing support where applicable.

Actuarial Students participate in a very large student leadership development program that includes structured rotation, advanced training, networking, teambuilding and very supportive exam benefits and rewards throughout their path to fellowship.

Responsibilities of the Role Include:
- Complete reserve studies and advise management on reserve decisions.
- Develop and maintain monitoring tools such as actual loss vs expectation.
- Refine, enhance, and/or create rating and pricing tools.
- Identify and analyze critical pricing and profitability benchmarks.
- Analyze internal pricing results and competitor information when available.
- Collaborate with Underwriting to help guide and monitor strategy.
- Initiate and 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.

Required Qualifications & Skills Include:
- Undergraduate or Graduate degree with a major in Actuarial Science, Mathematics, Statistics, Finance, Economics or related field of study.
- Pursuing actuarial exams toward Associate/Fellowship designation.
- Previous Property and Casualty Insurance Actuarial experience.
- 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 and work with individuals across various teams.

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:

$80,000 - $101,000

The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.

About The Hartford Financial Services Group, Inc

The Hartford is an industry leading provider of property and casualty insurance, group benefits and mutual funds. Throughout our rich history of more than 200 years, countless businesses and individuals, including Robert E. Lee, Abraham Lincoln and Babe Ruth, have turned to our company for protection. The Hartford celebrated its 200th anniversary in 2010.

The Hartford Financial Services Group, Inc. Careers

Join the esteemed team at The Hartford Financial Services Group, Inc., a leader in investment and insurance, where we offer more than just job opportunities—we provide a platform for professional growth and innovation. As one of the most respected names in the financial services industry, The Hartford is dedicated to fostering a culture of diversity, leadership, and continuous development.

Work You’ll Do

Embark on a career with The Hartford and contribute to our mission of helping customers achieve amazing financial outcomes. You will have the chance to work alongside a team of experts who are not only skilled in their fields but are also passionate about making a difference.

Transform Your Career

At The Hartford, we believe in nurturing talent through comprehensive training programs and robust career development opportunities. Our commitment to professional growth is evident in our dynamic leadership and diversity training programs that prepare you for the future.

Innovate with Us

Innovation is at the heart of everything we do at The Hartford. Join us and bring your unique perspective to help shape the future of financial services. Our collaborative environment encourages creativity and is the perfect place to advance your skills in groundbreaking ways.

Be Part of a Great Team

The Hartford is not just a company; it's a community. We pride ourselves on a workplace culture that upholds the values of inclusivity and teamwork. By joining us, you’ll work on diverse teams that value your insights and encourage networking and mutual support.

Future-Proof Your Career

With a wide range of job opportunities, from internships to full-time positions, The Hartford offers a path for everyone. Whether you’re just starting out or looking to take your career to the next level, we provide the tools and support needed to succeed. Our benefits package is designed to ensure that our team members are well taken care of, not only at work but in all aspects of life.

Explore Job Opportunities and Internships

Whether you're polishing your resume, preparing for an interview, or seeking to enhance your employment experience, The Hartford has a position to match your skills and ambitions. We are continuously hiring and looking for new talent to join our thriving team.

Stay Connected

Join Our Team Search open positions that match your skills and interest at The Hartford. We look for passionate, curious, creative, and solution-driven team players.

Keep Up to Date

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at The Hartford Financial Services Group, Inc. Join us at The Hartford—where careers thrive and futures are made.
Learn more about The Hartford Financial Services Group, Inc
Size
18,500 employees
Market Cap
$24.1 billion
Industry
Net Income
$1.7 billion
Founded
1810
5 Year Trend
+6.5%
Revenue
$20.5 billion
NASDAQ

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