The Hartford Financial Services Group, Inc

Assistant Asset Management Operational Analyst

The Hartford Financial Services Group, Inc • $80K — $94K *
Hartford, CT 06106In-Person
Real Estate & Construction
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience required, preferably in Finance, Accounting, or Real Estate.
  • Basic understanding of Real Estate Accounting and financial statements, with tenant credit analysis as a plus.
  • Knowledge of investment accounting and operations is beneficial.
  • Experience in commercial real estate or related finance, including internships, is a plus.
  • Understanding of real estate sector fundamentals is preferred (e.g. multifamily, industrial, office).
  • Familiarity with major U.S. markets and third-party research tools like CoStar is advantageous.
  • Proficient in Microsoft Office applications, particularly Excel and Word.
  • Ability to manage multiple tasks effectively and communicate clearly.

Responsibilities

  • Assist in mitigating operational risk for the Private Real Estate team to enhance asset performance.
  • Support data analysis, accounting initiatives, client reporting, and technology improvements.
  • Collaborate with loan servicers to ensure timely processing of debt payments and required insurance placements.
  • Facilitate new loan and equity closings by coordinating legal documents and financial details.
  • Review quarterly reports for limited partner funds and Low-Income Housing Tax Credit investments.
  • Manage real estate debt and equity assets across diverse property types.
  • Monitor loan performance and assist in risk reviews for asset management activities.

Benefits

  • Hybrid work schedule with three days in the office and two days remote.
  • Opportunities for professional development and engagement in special projects.
  • Work in a collaborative and supportive team culture.
Full Job Description
Assistant Asset Management Analyst - VZH8A3

Assistant Asset Management Operational Analyst, Private Real Estate, HIMCO

HIMCO (The Hartford Investment Management Company) is seeking an Assistant Asset Management Operational Analyst to support operational and analytical activities for a $14B+ private real estate portfolio of equity and debt investments. The Assistant Analyst will provide investment operational support to the Private Real Estate team and perform analytical work across a group of real estate assets, including debt, equity, and fund investments. The role partners closely with multiple internal functional areas in a dynamic, fast-paced environment. This position is based in our Hartford, CT office on a full-time, hybrid schedule (three days in the office; two days remote).

Responsibilities:
  • Assist in reducing operational risk for the Private Real Estate team by supporting best execution for clients, improving asset performance, and managing risk within the approved strategies.
  • Support data analysis and reconciliation, accounting-related initiatives, client reporting, and technology enhancements; contribute to business continuity analytics, internal/external audits, Compliance support, and special projects.
  • For the active commercial mortgage loan (CML) portfolio, partner with the loan servicer to ensure timely processing of debt service payments and completion of required insurance placement and insurance risk monitoring; verify annual property inspections and address servicing projects.
  • Work with the Closing team to facilitate new loan and equity closings, including tracking legal documents, financial statements, and settlement statement details to support a smooth post-closing transition to Asset Management.
  • Review quarterly reports and capital activity notices for real estate limited partner (LP) funds and Low-Income Housing Tax Credit (LIHTC) investments.
  • Support the team in managing real estate debt and equity assets across property types including multifamily, industrial, office, retail, and self-storage.
  • Support debt asset management activities, including tracking loan performance; analyzing key risk metrics; assisting with collateral valuations; and performing loan risk rating reviews across fixed- and floating-rate structures. Assist Asset Managers in responding to borrower requests, evaluating potential modifications, and coordinating follow-up actions.
  • Assist with construction loan administration, including draw processing, monitoring, and ongoing risk evaluation.
  • Support the asset management of joint venture equity investments, including coordination and oversight of any third-party debt associated with these assets.
  • Assist with equity asset management activities, including valuations and asset summaries; annual budgeting; monitoring construction/renovation projects; reviewing rent rolls, lease expirations, and tenant credit; tracking operating expenses; and overseeing capital expenditures.
  • Provide timely, accurate updates and responsive client service related to managed assets, as needed.
  • Collaborate with other members of Private Real Estate to share ideas and best practices, and support department- and company-wide initiatives and special projects, as needed.
  • Demonstrate strong ownership, attention to detail, and the ability to work independently while contributing to a collaborative, positive team culture.


Qualifications
  • Bachelor's degree or equivalent work experience required. Coursework in Finance, Accounting, Economics, Real Estate Investments, and/or other investment asset types is preferred.
  • Basic understanding of Real Estate Accounting , GAAP Reporting and financial statements (including property-level operating statements, balance sheets, and borrower-specific financials). Tenant credit analysis is a plus.
  • Knowledge of investment accounting and investment operations is beneficial.
  • Commercial real estate or related finance experience is a plus, including internship experience.
  • Understanding of fundamental drivers across real estate sectors is a plus (e.g., multifamily, industrial, office, and retail).
  • Familiarity with major U.S. geographic markets and/or third-party research and online data sources is a plus (e.g., CoStar, Green Street, CBRE research).
  • Ability to prioritize and manage multiple deliverables across teams while meeting deadlines.
  • Strong written and verbal communication skills.
  • Proficiency with Excel, Word, and other Microsoft Office applications (e.g., PowerPoint).
  • Familiarity with AI-assisted tools (such as CoPilot) to improve efficiency and accuracy in processes, research, and reporting is a plus.


As a condition of your employment for HIMCO, you will be required to affirm to HIMCO's Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a "Covered Associate" under HIMCO's Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.

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:

$80,001 - $94,999

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.

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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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