Director & Assistant Actuary - Workers Compensation Pricing

The Hartford

4.5

(69)

Hartford, CT

Why you should apply for a job to The Hartford:

  • 4.5/5 in overall job satisfaction
  • 4.4/5 in supportive management
  • 75% 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.
  • #R2519368

    Position summary

    le actuarial teams. Additionally, there is an opportunity to manage one employee.

    We seek a candidate with strong statistical, analytical and communication skills, who is eager to challenge and continuously improve established processes and creatively solve new problems.

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

    Responsibilities

    As a key member of the WC LOB Actuarial team, this individual will perform a variety of actuarial functions including:

    • Lead the development, enhancement and maintenance of actuarial pricing methodologies and tools used by the Underwriting, Product and Sales teams. This includes tools focusing on risk segmentation as well as development of account-specific indicated premium picks.

    • Update pricing model parameters while adding enhancements for improved accuracy and process efficiency. This includes items such as loss development, trend, excess loss factors, and credibility refreshes.

    • Foster strong connections between teammates and key business partners . Collaborate with our product business partners to provide accurate views of profitability and perform analyses that identify and address business issues.

    • Support the production implementation of various pricing initiatives.

    • Stay apprised of broader industry trends and perspectives

    Qualifications:

    • ACAS or FCAS preferred. Candidates with actuarial experience not pursuing exams will also be considered.

    • Minimum 4+ years of Property and Casualty Insurance Actuarial experience.

    • Prior Workers Compensation experience a plus, but not required.

    • Demonstrated leadership capabilities.

    • Knowledge of Actuarial pricing and reserving techniques.

    • Very strong technical/analytical skills; High proficiency in Excel required and experience with R/SQL preferred.

    • General knowledge of Property and Casualty insurance operations.

    • Effective oral and written communications skills.

    • Independently motivated; constantly looks for areas to add value.

    • Teamwork skills including ability to effectively collaborate with and influence individuals at different organizational levels.

    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:

    $108.800 - $199,080

    The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.

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

    About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits

    Why you should apply for a job to The Hartford:

  • 4.5/5 in overall job satisfaction
  • 4.4/5 in supportive management
  • 75% 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.