AD & Actuarial Associate - Global Specialty Financial Lines

The Hartford•Hartford, CT

1d•Hybrid

About The Position

The position is part of the Global Specialty US Actuarial pricing team supporting the Financial Lines book of business. This role supports this segment’s success as the Assistant Director & Actuarial Associate for Public D&O, Financial Institutions, and Transactional Liability business. The position will work in close partnership with our Underwriting Divisions as well as Finance, Claims, and IT departments.

Requirements

ACAS or near-ACAS preferred. Candidates with actuarial experience not pursuing exams will also be considered.
3+ years of Property and Casualty Insurance Actuarial experience.
Knowledge of Actuarial Pricing and reserving techniques.
Strong technical/analytical skills; 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 looking for areas to add value.
Teamwork skills include the ability to effectively collaborate and work with individuals across various teams.

Responsibilities

Assist in the development, enhancement and maintenance of actuarial pricing methodologies and tools used by the Underwriting and Product teams.
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.
Seek out innovative approaches and apply R/SQL skills to enhance existing processes and utilize predictive modeling.
Partner with Actuarial and other colleagues within The Hartford who support similar lines of business.
Foster strong connections between teammates and key business partners.
Support financial planning and budgeting, including frequency and severity trend analyses.
Collaborate with Underwriting to help guide and monitor strategy.
Initiate and participate in the development of procedures to improve data quality.
Present analyses and recommendations to business partners to guide future decisions.
Perform a variety of actuarial functions including rate development, price monitoring, loss ratio planning, profitability studies and rate filing support where applicable.
Assist with semi-annual reserve studies.