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The Hartford · 1 month ago

AD & Actuarial Associate - Global Specialty Financial Lines

Hartford, CT

Full-time

Hybrid

Mid Level

$109K/yr - $163K/yr

3+ years exp

The Hartford is an insurance company committed to making a difference and providing opportunities for growth. The AD & Actuarial Associate role is part of the Global Specialty US Actuarial pricing team, focusing on the Financial Lines book of business, where the individual will perform various actuarial functions to support pricing and profitability efforts.

Auto InsuranceCommercial InsuranceEmployee BenefitsFinanceFinancial ServicesInsuranceLife InsuranceProperty Insurance

Responsibilities

Assist in the development, enhancement and maintenance of actuarial pricing methodologies and tools used by the Underwriting and Product teams

This includes tools focusing on risk segmentation as well as the development of account-specific indicated premium

Identify and analyze critical pricing and profitability benchmarks

Analyze internal pricing results and competitor information when available

Assist in developing and maintaining price monitoring systems and tools

Seek out innovative approaches and apply R/SQL skills to enhance existing processes and utilize predictive modeling

Partner with Actuarial and other colleagues within The Hartford who support similar lines of business

Foster strong connections between teammates and key business partners

Support financial planning and budgeting, including frequency and severity trend analyses

Collaborate with Underwriting to help develop, guide, and monitor strategy

Initiate and participate in the development of procedures to improve data quality

Present analyses and recommendations to business partners to guide future decisions

Qualification

ACASNear-ACASPropertyCasualty InsuranceActuarial Pricing techniquesR/SQLExcel proficiencyAnalytical skillsIndependently motivatedCommunication skillsTeamwork skills