Actuarial Analyst - Global Specialty Financial Lines

The Hartford•Hartford, CT
•$76,800 - $137,400•Hybrid

About The Position

The position is part of the Global Specialty US Actuarial pricing team supporting the Financial Lines book of business. The candidate will gain exposure to specialized lines of business in Professional Line Errors & Omissions and Cyber. The position will work in close partnership with our Underwriting Divisions as well as Finance, Claims, and IT departments.

Requirements

  • Bachelor’s Degree required.
  • Actuarial exam path to become a credentialed actuary with at least 3+ passed exams required (for Sr. Actuarial Analyst).
  • Minimum of 2+ years of Property and Casualty Insurance Actuarial experience (for Sr. Actuarial Analyst).
  • Actuarial exam path to become a credentialed actuary with at least 1 passed exam required (for Actuarial Analyst).
  • Knowledge of Actuarial pricing and reserving techniques.
  • Strong technical/analytical skills; proficiency in Excel required.
  • 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/Python preferred.

Responsibilities

  • Support financial planning and budgeting, including frequency and severity trend analyses and LRP.
  • 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.
  • Partner with Actuarial and other colleagues within The Hartford who support similar lines of business.
  • Foster strong connections between teammates and key business partners to help develop, guide and monitor strategy.

Benefits

  • short-term or annual bonuses
  • long-term incentives
  • on-the-spot recognition
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