Risk Analyst

The Hartford • Hartford, CT

2d • Onsite

About The Position

Risk Analyst - KR08CE We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. Risk Analyst, ALM Credit and Market Risk, Enterprise Risk Management, The Hartford The ALM Credit and Market Risk team supports The Hartford’s liability and surplus objectives by helping develop and monitor portfolio funding strategies through investment strategy, policy, and performance benchmarks. This work requires a strong understanding of risk‑return tradeoffs across fixed‑income and equity asset classes, as well as the pricing, profitability, and risk characteristics of insurance liabilities across the P&C and Employee Benefits businesses. The Risk Analyst will support the ongoing development and enhancement of risk modeling and portfolio benchmarking frameworks for the General Account portfolio managed by HIMCO. The role involves close collaboration with partners across Enterprise Risk Management, HIMCO, Finance, and the Insurance Businesses to help monitor strategic asset allocation, investment policy compliance, and investment risk governance. Key areas of focus include portfolio optimization, interest rate risk management, peer analysis, and liability risk factor analysis. This role is based in Hartford, CT, Home Office.

Requirements

• A minimum of two years of professional experience in a risk role at an insurance carrier is ideal.
• Experience in corporate finance, actuarial, investment, or a related field may also be considered
• Strong analytical skills required; experience with R preferred
• Foundational knowledge of pricing, valuation, financial and risk management models helpful
• Effective verbal communications and listening skills, with the ability to convey analysis clearly and influence appropriately
• Strong presentation skills, including the ability to summarize complex analysis for diverse audiences
• Ability to manage multiple priorities and adapt in a fast-paced environment
• Demonstrated interest in corporate finance, capital markets, financial management and economics
• B.A. or B.S. in finance or another quantitative discipline

Nice To Haves

• Master’s degree in a quantitative discipline, MBA, and/or actuarial credentials or progression toward credentials (ASA, ACAS) and/or a C.F.A. is a plus

Responsibilities

• Support portfolio optimization initiatives including model maintenance and enhancements, correlation analysis, sensitivity testing
• Monitor General Account and Pension portfolio positioning relative to investment policy, risk limits, and constraints; assist with ongoing maintenance of investment policy documentation and governance
• Maintain and enhance the liquidity risk management framework, including monitoring, analysis, and reporting for insurance operating companies
• Partner with stakeholders across the organizations to develop a deeper understanding of both General Account and Pension liabilities, supporting attribution analysis and interpretation of changes over time
• Develop and apply investment and capital markets knowledge, with emphasis on fixed‑income securities and derivatives, to assess portfolio positioning and risk exposures
• Utilize and further develop quantitative and statistical skills through hands‑on involvement in risk, asset, and liability modeling activities
• Assist in the development and enhancement of risk, capital, and ALM models supporting enterprise‑wide risk management objectives
• Communicate effectively with Lines of Business, HIMCO, and Corporate Finance, translating analytical results into clear, actionable insights for stakeholders
• Provide ad-hoc analysis as requested

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees