Assistant Director & Actuarial Associate or Director & Assistant Actuary - Risk & Profitability Measurement (Remote Option)

You are a driven and motivated problem solver ready to pursue meaningful work. You strive to make an impact every day & not only at work, but in your personal life and community too. If that sounds like you, then you've landed in the right place.

** Please note, candidates pursuing exams as well as those not pursuing exams will be considered for this role.  This role can be part of our Actuarial Student Program for an individual meeting requirements for entry into the program. **

The Risk and Profitability Measurement (RPM) team is looking for an individual to support the capital attribution process for P&C lines. The individual in this position will work with business partners across the organization (e.g. ERM, Finance, Actuarial pricing and reserving) and get a holistic view of the P&C operations through equity allocation. This position will also provide consultative and ad hoc assistance to the Actuarial community and business segments regarding ROE (return on equity) performance and analytics.  They also may be involved with understanding the economic capital (EC) model to ensure the proper information is utilized for use in capital attribution

Scope of the Position

This position is responsible for maintaining and enhancing The Hartford's analytical capabilities in the field of risk adjusted return analysis.  Our model and methodology are used for all P&C lines for pricing, planning, and performance analysis.  This position will also have the opportunity to work with ERM to continue the advancement of our capital attribution process. 

Responsibilities

• Support the pricing actuaries during the capital attribution process. 
• Educate the actuarial community and business partners about the capital attribution process and return on equity performance and analytics.
• Provide sensitivity analysis for key metrics during the planning process, as well as ad-hoc analysis requested by management.
• Maintain/enhance the models developed by The Hartford in risk-adjusted benchmark return analysis.
• Provide expert consultation on the results from our models for planning and tracking, identifying the key drivers of results and deviations from expectations. 
• Understand and partner with ERM in the completion of the annual capital attribution process, enhancing the current processes and methodologies as appropriate.
• Support the understanding of CY ROE metrics and drivers and reconciliation to the AY ROE.
• Monitor the monthly calendar year equity for P&C business

Experience & Skills

• ACAS/ASA - FCAS/FSA or equivalent experience); B.A. or B.S. in Finance, Statistics, Applied Mathematics, Economics, Actuarial Science or related field required.

• 5-7+ years of experience in insurance industry with strong expertise in actuarial, financial/statistical modeling and analytics

• Experience in capital modeling or ERM preferred

• Very strong technical, analytical and data skills

• Experience working independently as well as part of a team

• Excellent written and verbal communication skills; must be able to effectively convey technical concepts to audiences of various levels and diverse technical backgrounds

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$121,000 - $181,000

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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AD & Actuarial Associate - AS07AE

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