The Hartford Financial Services Group, Inc

AD Product Development

The Hartford Financial Services Group, Inc • $107K — $161K *
Hartford, CT 06106In-Person
Finance & Insurance
Less than 5 years of experience
4 days ago
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Job Overview by Ladders

Qualifications

  • Bachelor's degree and 4+ years of Commercial Lines experience.
  • Preferred insurance designations and underwriting experience.
  • 2+ years in E&S or Small Business with liability product knowledge.
  • Self-driven and competitive team player.
  • Strong verbal and written communication skills.
  • Demonstrated critical thinking on complex business issues.
  • Proficient in Microsoft Office, especially Excel and PowerPoint.

Responsibilities

  • Support the Liability product suite, including terms, pricing, and underwriting guidelines.
  • Drive growth through sales strategies and market opportunities.
  • Analyze profitability, including claim frequency and territory performance.
  • Participate in meetings to align with enterprise-wide liability product standards.
  • Develop industry knowledge in Contractors, Habitational, and Real Estate sectors.
  • Manage existing programs and identify new offerings.
  • Collaborate with cross-functional teams to enhance product and service efficiency.

Benefits

  • Hybrid or remote work schedule options available.
  • Opportunities for professional development and continuous improvement.
  • Access to shared services and collaborative resources across departments.
  • Engagement with partner product organizations for best practice sharing.
Full Job Description
AD Product Development - ED07AE

Reporting to the E&S Director of Liability Product Development, the E&S Liability Product Specialist will assist with the management of the Liability Line of Business (LOB) product suite (General Liability and Excess Liability) for our E&S Binding unit. This critical business role supports the overall growth and profitability of the Liability LOBs via product development, forms maintenance, underwriting guidelines, and product pricing.

Responsibilities:
  • Support of Liability product suite offering (General Liability & Excess Liability), which includes terms & conditions; underwriting guidelines; form development & maintenance; pricing & rate management; analysis of market & competitive intel.
  • Support of Liability product suite growth, which includes sales & marketing; appetite expansion; mix management; exploring market opportunities; and analysis of new business flow metrics.
  • Support of Liability product suite profit, which includes analysis of claim frequency, severity & large losses; jurisdictional litigiousness; rate indications; class and territory profitability.
  • Participation in Liability line OCUO meetings to ensure that enterprise-wide liability product requirements are being met (i.e. standardized form usage across entire organization).
  • Develop deep understanding of common industries underwritten in the E&S Binding space, including Contractors, Habitational, and Real Estate (Lessors Risk Only) and drive meaningful product changes within these industries that are aligned with goals and objectives.
  • Continued development of risk exposure and control analysis skills.
  • Management of existing Programs, including identification and build-out of new program offerings.
  • Strong collaboration, partnership and communication with core E&S Binding team functions (Sales & Underwriting, Product Management, Property Product Development, Digital Marketing) to ensure coordinated and effective product changes that maximize growth and profitability of Liability lines.
  • Relationship management / engagement, coordination, and cross-functional collaboration with all E&S partner shared service organizations to understand actions that will influence outcomes including IT, Quality, Actuarial, Claims, Legal & Compliance, Marketing and Service Operations (Audit and Underwriter Assistants).
  • Leveraging partner liability product organizations (Small Business Product, Global Specialty, M&LB) for understanding best practices and identifying product offering differences.
  • Support new product implementation, including design, build, governance and monitoring with accountability for defining requirements for IT.
  • Submitting, managing, coordinating, and communicating full list of product enhancement and defect requests.
  • Performance reporting analysis, as needed.
  • Support competitive intelligence collection and dissemination to determine how our product compares to peers in the market (including recognizing market cycle shifts) and propose changes accordingly.

Candidates must be highly regarded for their product leadership capabilities. Previous underwriting team management experience is a plus, as well as the following:

Qualifications:
  • Minimum: 4-year degree and 4 plus years of Commercial Lines experience.
  • Preferred: Insurance designations; underwriting experience; 2 plus years of prior, relevant work experience including E&S or Small Business with liability product, pricing, and/or coverage.
  • Self-driven, team-oriented, competitive individual
  • Demonstrated, regular usage of Co-Pilot with a "continuous improvement" growth mindset to advance AI effectiveness in role.
  • Advanced usage of Microsoft Office products, including Excel, PowerPoint; SharePoint experience a plus.
  • Strong verbal and written communication skills across internal and external stakeholders, customers, and partners.
  • Demonstrated critical thinking on complex business problems
  • Strong organizational and time management skills
  • Ability to balance strategic thinking with tactical execution
  • Cross-functional team experience with ability to form strong partnerships, influence, and effectively collaborate & manage shared services in the support of the E&S Liability LOBs.
  • Proven ability to design and implement solutions to complex problems using both subjective input and data & analytics.
  • This role can have a Hybrid or Remote work schedule. Candidates who live near one of our office locations will have the expectation of working in an office 3 days a week (Tuesday through Thursday).Candidates who do not live near an office will have a remote work schedule, with the expectation of coming into an office as business needs arise.


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:

$107,600 - $161,400

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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