Actuarial Analyst - AS08CE
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
This position is an entry-level role within the Actuarial Reserving department, supporting the Global Specialty and Global Reinsurance lines of business. The position will be responsible for supporting the quarterly reserve review process and supporting various cross-team and individual projects, including claim analytics, diagnostic & monitoring tools, cross-lines reserving support, and opportunities to enhance our reserving capabilities by creating new tools and methodologies.
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The position will partner with various members of the reserving team with opportunities to also collaborate with Claims and business partners. The individual should have strong desire to build and enhance technical and analytical skills, be able to communicate effectively, and be motivated to learn and develop.
Responsibilities
- Support quarterly reserve reviews and monthly monitoring for various Global Specialty and Global Re lines of business
- Learn and utilize existing analytic tools and enhance current tools to improve the accuracy and efficiency of reserve reviews and claims analytics
- Identify and incorporate emerging internal & external trends in the loss experience (e.g., COVID, Social Inflation), changes within claims operations, and underwriting trends
Experience & Skills
- Actuarial Exam path to become a credentialed actuary
- Competent technical and data skills; must be proficient in Excel and able to learn new software tools such as R, Python, ResQ, TM1 etc.
- Strong analytical skills and creative mindset to be able to offer creative solutions to business questions; exhibit a process efficiency/improvement mindset
- Demonstration of written and verbal communication skills with the ability to collaborate and explain technical concepts
- Teamwork skills including ability to effectively collaborate with individuals at different organizational levels; flexibility and willingness to adapt to changing priorities
- Self-motivated and results-oriented with the ability to manage time effectively by prioritizing and organizing your work in an environment with multiple priorities.
- Share knowledge across the broader Reserving team
- Support the frequent ad hoc requests for Global Specialty and Global Re insights and analysis
- Conduct actuarial analyses and effectively communicate findings and recommendations to business partners
- Embrace the partnership between Actuarial, Claims, and the business functions; collaborate with pricing and claims analytic partners to understand changes in loss and claim trends
This role will have a Hybrid work arrangement, with the expectation of working in an office 3 days a week (Tuesday through Thursday).
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:
$73,840 - $110,760
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
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