Actuarial Small Business LOB Rate Execution

The HartfordHartford, CT
$76,800 - $115,200Hybrid

About The Position

This Actuarial Analyst position plays a key role for the Workers Comp LOB Actuarial team and will be supporting the traditional actuarial rate execution team. The position will be responsible for producing state level rate change recommendations, developing filing strategy and supporting the filing process. The candidate will have the opportunity to directly interact with business partners, including Product, IT, and multiple groups across Actuarial. We are looking for individuals who are curious and motivated to improve current processes and who can communicate effectively to both technical and non-technical audiences.

Requirements

  • Bachelor’s Degree required.
  • Actuarial exam path to become a credentialed actuary with at least 2 passed exams required.
  • Strong technical/analytical skills; proficiency in Excel required and experience with R/Python preferred.
  • Effective oral and written communications skills.
  • Independently motivated; constantly looking 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

  • Process state rate filings to ensure the rate plan execution.
  • Develop enhancements to streamline state filings process
  • Partner with Product to understand and communicate drivers of change in rate level
  • Partner with Product to support product enhancements or new product to enhance the WC’s competitive position
  • Complete ad hoc projects to support business priorities
  • Support annual Indication assumptions updates and ensure that the source of the information is properly documented.
  • Project quarterly dividend payment and share the results with dividend committee.
  • Share knowledge and projects across the WC pricing team.

Benefits

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