Pricing Consultant - Personal Lines Pricing Analytics

$74,480 - $111,720/Yr

The Hartford - Hartford, CT

Full-time - Mid Level

Hartford, CT

Insurance Carriers and Related Activities

About the position

The Pricing Consultant position at The Hartford focuses on driving profitable growth for the company's Auto and Home products portfolio by analyzing actuarial pricing performance and providing actionable solutions to leadership. The role requires strong analytical and communication skills, with an emphasis on improving processes and creatively solving problems. The position offers a hybrid or remote work arrangement, with expectations for in-office work for local candidates.

Responsibilities

• Independently develop and communicate key state performance metrics such as actuarial rate indications, trends, loss development patterns, and catastrophe loads.
• Evaluate sub-state performance using pricing or statistical analysis, and recommend actions to improve profitability and growth.
• Create and improve analytical tools utilizing knowledge of advanced actuarial methods and technical skills.
• Communicate to win internal and external approval on proposed changes.
• Participate in countrywide projects, class plan enhancements or maintenance of complex product features.
• Develop and maintain strong partnerships with countrywide and state product management, technology, operations, data science, actuarial, compliance and legal organizations.
• Work as a team to continuously improve the analytical capabilities of the organization, including data capabilities and increased automation, documentation, and quality measures.

Requirements

• Bachelor's Degree required.
• 3+ years of relevant experience in insurance/financial service sector preferred.
• Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex issues.
• Strong Excel skills required.
• Knowledge of SQL, VBA, R, Python, SAS or similar code languages preferred.
• 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

• Actuarial background and familiarity with Personal Lines products a plus.

Benefits

• Short-term or annual bonuses
• Long-term incentives
• On-the-spot recognition