Actuarial Analyst - Global Specialty Financial Lines

The Hartford•Hartford, CT

12d•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 Professional Lines Errors & Omissions and Cyber business. The role works closely with Underwriting divisions and with Finance, Claims, and IT departments. The position supports financial planning and budgeting, including frequency and severity trend analyses and LRP. It assists with the development, enhancement, and maintenance of actuarial pricing methodologies and tools used by Underwriting and Product teams, including tools for risk segmentation and developing account-specific indicated premiums. The role also analyzes pricing and profitability benchmarks, internal pricing results, and competitor information when available; helps develop and maintain price monitoring systems and tools; and partners with colleagues supporting similar lines of business. It fosters strong relationships with teammates and business partners to help develop, guide, and monitor strategy. The position is expected to work in the Hartford, Connecticut office three days per week, Tuesday through Thursday. The posted annualized base pay range is $76,800–$137,400, with the hiring title and level depending on background and experience. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition.

Requirements

Bachelor’s degree required.
For the Senior Actuarial Analyst level: actuarial exam path toward becoming a credentialed actuary, with at least 3 passed exams required.
For the Actuarial Analyst level: actuarial exam path toward becoming a credentialed actuary, with at least 1 passed exam required.
For the Senior Actuarial Analyst level: minimum of 2 years of Property and Casualty Insurance actuarial experience.
Knowledge of actuarial pricing and reserving techniques.
Strong technical and analytical skills.
Proficiency in Excel.
General knowledge of Property and Casualty insurance operations.
Effective oral and written communication skills.
Self-motivated and consistently looks for areas to add value.
Teamwork skills, including the ability to collaborate and work effectively with individuals across teams.

Nice To Haves

Experience with R or Python.

Responsibilities

Support financial planning and budgeting, including frequency and severity trend analyses and LRP.
Assist in developing, enhancing, and maintaining actuarial pricing methodologies and tools for Underwriting and Product teams, including risk-segmentation tools and account-specific indicated premium development.
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 colleagues and other Hartford colleagues who support similar lines of business.
Build strong connections with teammates and key business partners to help develop, guide, and monitor strategy.