Assistant Director, Personal Insurance Product Development

The Hartford

4.5

(70)

Hartford, CT

Why you should apply for a job to The Hartford:

  • 4.5/5 in overall job satisfaction
  • 4.5/5 in supportive management
  • 76% say women are treated fairly and equally to men
  • 87% would recommend this company to other women
  • 90% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • The Professional Women’s Network (PWN) provides professional support, growth, advancement and networking to enable greater gender balance.
  • The Hartford offers diversity awareness training known as Appreciating Differences and Managing Inclusion.
  • Employees will be provided with leave of up to four weeks and paid at a rate of 100 percent of their base pay.
  • #R2521958_Hartford

    Position summary

    ine of business.** This is a high-impact role that drives innovation in risk strategy and exposure management across a national portfolio.

    Responsibilities:

    • Provides guidance and mentorship to team members on catastrophe models and risk management

    • Serves as a subject matter expert on various catastrophe models including inputs/outputs and primary/secondary characteristics

    • Partners with IRM to evaluate the catastrophe Risk Models and identify any business implications

    • Provides guidance to business partners in visualizing varying geographic level catastrophe risk

    • Develops an action plan against observations from catastrophe management performance monitoring / outlier risk management

    • Assess competitor pricing and underwriting catastrophe strategies and considers them within internal recommendations

    • Leads the end-to-end- product development process for capabilities that enable our exposure management strategies from market research through ideation to implementation

    • Participate in larger "new" initiatives and may lead a functional work stream to develop and deliver products with limited oversight

    • Proactively researches the market for the latest available risk assessment metrics

    • Leads proof of concept analyses with external vendors to evaluate their products and ideates on how we can enhance our offering accordingly

    • Collaborates with the Data Science to incorporate updated catastrophe model pricing into class plan

    • Represents the Homeowners Countrywide Product Team in cross-functional meetings and initiatives

    Critical Skills:

    • Demonstrates critical thinking and decision-making on complex business problems

    • Ability to translate complex data into actionable business insights

    • Strong technical skills with ability to work with large datasets and advanced analytical tools

    • Experienced with Microsoft programs, SQL, geospatial tools (e.g. ArcGIS), statistical packages (e.g. R, Python) or similar programs used to collect and analyze data

    • Demonstrates effective written and verbal communication and decision-making skills

    • Ability to collaborate effectively with business partners

    • Drives innovation and continuous improvement in catastrophe risk management practices

    • Strong organizational and time management skills with ability to execute on timelines

    Qualifications:

    • Understanding of catastrophe risk modeling and metrics is highly preferred

    • Strong mathematics / statistics background required

    • Minimum 5 years of relevant insurance experience in analytics or risk modeling preferred

    • ArcGIS experience preferred

    • Advanced degree and/or insurance designations(s) preferred

    This role can have a Hybrid or Remote work arrangement. Candidates who live in close proximity to one of our locations will have the expectation of working in an office 3 days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise.

    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:

    $104,000 - $156,000

    Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

    About Us | Our Culture | What It's Like to Work Here | Perks & Benefits

    Why you should apply for a job to The Hartford:

  • 4.5/5 in overall job satisfaction
  • 4.5/5 in supportive management
  • 76% say women are treated fairly and equally to men
  • 87% would recommend this company to other women
  • 90% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • The Professional Women’s Network (PWN) provides professional support, growth, advancement and networking to enable greater gender balance.
  • The Hartford offers diversity awareness training known as Appreciating Differences and Managing Inclusion.
  • Employees will be provided with leave of up to four weeks and paid at a rate of 100 percent of their base pay.