Sr. Actuarial Analyst - AS08AE
AD & Associate Actuary - AS07AE
Join our Workers' Compensation line of business pricing actuarial team, supporting a $3.5B book across both Small (SB) and Middle & Large (M&L) Business segments. As a market leader within the WC industry there is significant visibility from leadership.
This Sr Actuarial Analyst position plays a key role for the WC LOB Actuarial team, supporting the team's planning responsibilities. The candidate will gain deep exposure into Loss Ratio Planning (LRP), monitoring of underlying loss cost trends, as well as supporting our leadership communications (MOM/MBR and quarterly HOTL). The position will work in close partnership with a variety of business partners including SB & M&L segment actuarial, reserving, performance analytics, product, data science, IT, and others.
We seek a candidate with strong statistical, analytical and communication skills, who is eager to challenge and continuously improve established processes and creatively solve new problems.
ResponsibilitiesAs a key member of the WC LOB Actuarial team, this role will support a broad set of core actuarial activities, including:
- Own key components of the annual Loss Ratio Planning processes, including analyses of historical and prospective loss trends, large losses, ALAE, and related topics.
- Monitor loss and business performance relative to planned expectations, with responsibility for supporting monthly and quarterly Health of the Line leadership reviews.
- Perform ad-hoc, in-depth analyses to diagnose key drivers of performance vs plan.
- Partner with the team to continuously improve the group's analytical tools, processes, and capabilities
- Stay current on industry trends and external perspectives to help inform internal analyses.
Qualifications:- Bachelor's Degree required.
- Actuarial exam path to become a credentialed actuary with at least 2 passed exams required.
- Minimum of 2+ years of Property and Casualty Insurance Actuarial experience.
- Knowledge of Actuarial pricing and reserving techniques.
- Strong technical/analytical skills; proficiency in Excel required and experience with R/Python 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
Work Arrangement: This role will be hybrid in our Hartford CT location.
CompensationThe 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:
$91,600 - $137,400
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
