Actuarial Small Business Spectrum

The Hartford•Hartford, CT

25d•$113,200 - $169,800•Hybrid

About The Position

The position is part of the Spectrum actuarial team which provides support for $3.0B of Commercial Multi-Peril business for The Hartford’s Small Business segment. Our Spectrum BOP product is proprietary to The Hartford and is regarded as the market leader in the industry. Additionally, the team supports the growth and development of Small Business’ Multi-Peril E&S offering. As we operate in both a fluid and competitive industry, we continuously innovate the line and create product / coverage improvements that meet the ever-changing needs of our customers and to remain ahead of our competitors.

Requirements

Bachelor’s Degree required.
6-7 actuarial exams, 4+ years of experience
Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex issues.
Strong Excel skills required.
Excellent written and verbal communication skills.
Attention to detail with strong time and project management skills.
Driven, intellectually curious, passionate, resourceful and creative.
Proactive individual, who challenges existing processes, can influence others and drive a process to a conclusion while meeting critical deadlines

Nice To Haves

Knowledge of SQL, VBA, R, Python, SAS or similar code languages a plus.

Responsibilities

Support the update of Spectrum and E&S Loss Development Factors, Trend Selections, and Pricing Assumptions to feed into modeled indications.
Support the rollout of the latest Spectrum class plan to all states and create updated analysis for pricing factors such as deductibles & ILF’s.
Update slides for monthly presentations to leadership around New Business results & profitability.
Partner with the Small Business Territory Actuarial Team to support ad hoc requests from business partners in Underwriting & Product and the rollout of our latest class plan.
Utilize programming languages such as SQL, R, and Python to enhance analytical capabilities.
Lead and mentor junior team members to foster a collaborative and innovative work environment.