The Hartford Financial Services Group, Inc

Actuarial Middle & Large Workers Comp LOB Rate Execution

The Hartford Financial Services Group, Inc • $76K — $115K *
Hartford, CT 06106In-Person
Finance & Insurance
Less than 5 years of experience
2 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required.
  • At least 2-4 passed actuarial exams on the path to credentialing.
  • Strong analytical and problem-solving skills.
  • Proficient in Excel; familiarity with SQL, VBA, R, Python, or SAS is a plus.
  • Excellent written and verbal communication skills.
  • Strong attention to detail and project management skills.
  • Driven, resourceful, and able to influence and challenge processes.

Responsibilities

  • Process state rate filings to ensure rate plan execution.
  • Develop enhancements to streamline the state filings process.
  • Partner with Product to communicate and understand rate change drivers.
  • Support product enhancements to improve WC's competitive position.
  • Complete ad hoc projects aligned with business priorities.
  • Help update annual indication assumptions and document sources.
  • Project quarterly dividend payments and share results with the committee.

Benefits

  • Hybrid work arrangement in Hartford, CT.
  • Opportunities for professional development and growth.
  • Direct interaction with multiple business units and teams.
Full Job Description
Actuarial Analyst - AS08CE

Worker's Compensation is ~$3.5B line of business across Small Business and Middle/Large Business, and The Hartford is a market leader within the WC industry.

This position plays a key role for the Workers Comp LOB Actuarial team and will be supporting the traditional actuarial rate execution team. The position will be responsible for producing state level rate change recommendations, develop filing strategy and support the filing process. The candidate will have the opportunity to directly interact with business partners, including Product, IT, and multiple groups across Actuarial.

We are looking for individuals who are curious and motivated to improve current processes and who can communicate effectively to both technical and non-technical audiences.

Responsibilities:

  • Process state rate filings to ensure the rate plan execution.


  • Develop enhancements to streamline state filings process


  • Partner with Product to understand and communicate drivers of change in rate level


  • Partner with Product to support product enhancements or new product to enhance the WC's competitive position


  • Complete ad hoc projects to support business priorities


  • Help complete annual Indication assumptions updates and ensure that the source of the information is properly documented.


  • Project quarterly dividend payment and share the results with dividend committee.


  • Share knowledge and projects across the WC pricing team.


Experience & Skills
  • Bachelor's Degree required.
  • Actuarial exam path to become a credentialed actuary with at least 2-4 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

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.

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Learn more about The Hartford Financial Services Group, Inc
Size
18,500 employees
Market Cap
$24.1 billion
Industry
Finance & Insurance
Net Income
$1.7 billion
Founded
1810
5 Year Trend
+6.5%
Revenue
$20.5 billion
NASDAQ
HIG
* Ladders Estimates

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