The Hartford Financial Services Group, Inc

Associate Risk Analyst

The Hartford Financial Services Group, Inc • $69K — $103K *
Hartford, CT 06106Hybrid
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in mathematics, statistics, data science, actuarial science, or related field.
  • 2+ years of professional experience, preferably in the insurance industry.
  • Strong analytical skills for hypothesis testing and solving complex problems.
  • Proven ability to manage multiple responsibilities and deadlines in a dynamic environment.
  • Familiarity with programming languages like Python, R, or VBA.
  • Strong communication skills for presenting technical concepts to varied audiences.
  • Collaborative team player who can also work independently.

Responsibilities

  • Support day-to-day model validation and governance activities.
  • Manage model inventory and assist in maintaining model policies and standards.
  • Identify opportunities to improve risk metrics and reporting.
  • Assist in model validation by reviewing assumptions and testing outputs.
  • Research emerging model risk management practices and regulatory developments.
  • Develop monitoring and reporting capabilities for AI, GenAI, and traditional models.
  • Contribute to special projects focused on governance enhancements and operational excellence.

Benefits

  • Opportunities for continuous improvement and professional development.
  • Collaborative work environment with cross-functional teams.
  • Engagement with cutting-edge practices in AI and Generative AI risk.
  • Contributions to special projects driving operational excellence.
Full Job Description
Assoc Risk Analyst - KR08AE

Description:

Operational Risk Management (ORM) is seeking a highly motivated individual with a passion for the risk management to join the Model Risk Management Team. The Model Risk Management Team manages model risk across The Hartford by working with the businesses to validate critical models and implementing consistent modeling policies and standards.

In this role, the Associate Risk Analyst will support model governance work, assist with model validations, conduct research on emerging risk management best practices/ industry perspectives, and support emerging AI/ Gen AI risk projects.

Responsibilities:
  • Support for day-to-day model validation and governance activities, including:
    • Support management of model inventory and assisting in the maintenance of model policy and standards.
    • Identifying opportunities to improve risk metrics and reporting capabilities.
    • Assisting in the validation of models by reviewing assumptions, testing outputs, and documenting findings in collaboration with validators and model developers.
    • Identify opportunities to enhance, automate, and streamline model validation practices
  • Conduct research on emerging model risk management practices, AI/GenAI governance, and regulatory developments.
  • Assist in developing monitoring and reporting capabilities for traditional, AI, and Generative AI models.
  • Contribute to special projects focused on governance enhancements, operational excellence, and continuous improvement.
  • Provide support for ad hoc requests related to new business initiatives and cross-functional collaborations


Qualifications:
  • Bachelor's degree in mathematics, statistics, data science, actuarial science, or a related discipline.
  • 2+ years of professional experience; prior experience in the insurance industry is preferred.
  • Strong analytical and critical thinking skills with the ability to test hypotheses and solve complex business problems.
  • Proven ability to manage and prioritize multiple responsibilities and deadlines in a dynamic environment.
  • Familiarity with programming languages such as Python, R, VBA, or similar.
  • Effective communicator with the ability to convey technical concepts to both technical and non-technical audiences.
  • Collaborative team player with a demonstrated ability to build strong working relationships and contribute independently.
  • Results-driven, detail-oriented, and accountable, with a flexible and adaptable mindset.
  • Committed to continuous improvement and proactive problem-solving.


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:

$69,200 - $103,800

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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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
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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