Actuarial Analyst, Reserving

The Hartford • Hartford, CT

37d • Hybrid

About The Position

This position can be an entry-level role within the Actuarial Reserving department, supporting the General Liability (GL) and Umbrella lines of business, and is a part of The Hartford's Actuarial Leadership Development Program. The position is primarily responsible for the reserve review process with ownership of Construction and Programs Middle & Large business segments. In addition, the role will be involved with various cross-team and individual projects, analysis of GL trends and emerging issues, and exploration of new reserving techniques and analytical tools. The ideal candidate will have statistical, analytical, and communication skills, with an interest in improving existing processes, addressing new challenges, and developing a deeper knowledge of reserving fundamentals.

Requirements

• Bachelor's Degree required.
• Actuarial exam path to become a credentialed actuary with at least 1 passed exam required.
• Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex issues.
• Strong Excel skills required.
• Excellent written and verbal communication skills.
• Attention to detail with strong time and project management skills.
• Driven, intellectually curious, passionate, resourceful and creative.
• Proactive individual, who challenges existing processes, can influence others and drive a process to a conclusion while meeting critical deadlines
• This position can be filled a different levels depending on experience

Nice To Haves

• Knowledge of SQL, VBA, R, Python or similar coding languages a plus.

Responsibilities

• Own, update, and maintain loss and ALAE reserve analyses for Programs GL and Umbrella, Guaranteed Cost Construction GL and Umbrella, Construction Excess Risk, Contractor's Protective Professional Indemnity, and Construction Pollution Liability books of business.
• Develop new analytical tools and enhance current tools to improve the accuracy and efficiency of reserve reviews to deliver improved insights to business partners.
• Look for opportunities to innovate and enhance Construction and Programs analyses.
• Conduct sophisticated actuarial analyses and effectively communicate findings and recommendations to business partners.
• Provide insight and commentary for drivers of the monthly Actual vs. Expected reporting.
• Participate on various reserving cross-department projects as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Number of Employees: 5,001-10,000 employees