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Actuarial Analyst

Actuarial Analyst

The HartfordHartford, CT, US
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Actuarial Analyst

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.

Actuarial Students

Actuarial Students are key members of the Actuarial community as they perform a variety of Actuarial projects including reserve reviews, price monitoring, enhancing pricing tools and rate filing support where applicable.

Actuarial Students Participate in a Large Student Leadership Development Program

Actuarial Students participate in a very large student leadership development program that includes structured rotation, advanced training, networking, teambuilding and very supportive exam benefits and rewards throughout their path to fellowship.

Responsibilities of the Role Include :

  • Complete reserve studies and advise management on reserve decisions.
  • Develop and maintain monitoring tools such as actual loss vs expectation.
  • Refine, enhance, and / or create rating and pricing tools.
  • Identify and analyze critical pricing and profitability benchmarks.
  • Analyze internal pricing results and competitor information when available.
  • Collaborate with Underwriting to help guide and monitor strategy.
  • Initiate and participate in the development of procedures to improve data quality.
  • Seek out innovative approaches and apply R / SQL skills to enhance existing processes.
  • Present analyses and recommendations to teammates and business partners to guide future decisions.

Required Qualifications & Skills Include :

Undergraduate or Graduate degree with a major in Actuarial Science, Mathematics, Statistics, Finance, Economics or related field of study. Pursuing actuarial exams toward Associate / Fellowship designation. Previous Property and Casualty Insurance Actuarial experience. 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 and work with individuals across various teams.

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 : $80,000 - $101,000. The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.

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

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Actuarial Analyst • Hartford, CT, US