Actuarial Analyst

The Hartford•Hartford, CT

About The Position

Actuarial Students are key members of the Actuarial community as they perform a variety of Actuarial projects including reserve reviews, price monitoring, enhancing pricing tools and rate filing support where applicable. Actuarial Students participate in a very large student leadership development program that includes structured rotation, advanced training, networking, teambuilding and very supportive exam benefits and rewards throughout their path to fellowship.

Requirements

Undergraduate or Graduate degree with a major in Actuarial Science, Mathematics, Statistics, Finance, Economics or related field of study.
Pursuing actuarial exams toward Associate/Fellowship designation.
Previous Property and Casualty Insurance Actuarial experience.
Very strong technical/analytical skills; High proficiency in Excel required and experience with R/SQL preferred.
General knowledge of Property and Casualty insurance operations.
Effective oral and written communications skills.
Independently motivated; constantly looks for areas to add value.
Teamwork skills including ability to effectively collaborate and work with individuals across various teams.

Nice To Haves

experience with R/SQL preferred

Responsibilities

Complete reserve studies and advise management on reserve decisions.
Develop and maintain monitoring tools such as actual loss vs expectation.
Refine, enhance, and/or create rating and pricing tools.
Identify and analyze critical pricing and profitability benchmarks.
Analyze internal pricing results and competitor information when available.
Collaborate with Underwriting to help guide and monitor strategy.
Initiate and participate in the development of procedures to improve data quality.
Seek out innovative approaches and apply R/SQL skills to enhance existing processes.
Present analyses and recommendations to teammates and business partners to guide future decisions.