Actuarial Personal Insurance Reserving - Home
About the role
This opportunity is part of The Hartford’s Personal Insurance Reserving team. The role is focused on reserving and trend analysis, primarily supporting The Hartford’s $1.25B Homeowners book, with additional exposure to Auto Liability and Physical Damage. Reserving insights directly influence the company’s financial results and play a critical role in how our business is priced and managed. The student will collaborate with cross-functional partners and present analyses to leaders across Reserving, Product, and Claims.
Responsibilities
- Complete quarterly reserve reviews, including providing insight into key drivers of change
- Develop and evaluate innovative reserving methods to inform and explain reserve selections
- Partner with Claims Performance Analytics team on deep-dive analyses
- Prepare Monthly Business Review (MBR) materials ultimately presented to senior leadership, including the CEO
- Execute annual reviews of Schedule P, ULAE, and payment lags
Requirements
- Bachelor’s Degree required.
- AD & Associate Actuary Role: 6-7 actuarial exams, 4+ years of experience, could be an Associate
- Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex issues.
- Strong Excel skills required. Knowledge of SQL, VBA, R, Python, SAS or similar code languages a plus.
- Excellent written and verbal communication skills.
- Attention to detail with strong time and project management skills.
- Driven, intellectually curious, passionate, resourceful and creative.
- Proactive individual, who challenges existing processes, can influence others and drive a process to a conclusion while meeting critical deadlines
Skills
- Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex issues.
- Strong Excel skills required. Knowledge of SQL, VBA, R, Python, SAS or similar code languages a plus.
- Excellent written and verbal communication skills.
- Attention to detail with strong time and project management skills.
- Driven, intellectually curious, passionate, resourceful and creative.
- Proactive individual, who challenges existing processes, can influence others and drive a process to a conclusion while meeting critical deadlines
Work Arrangement
This role will be hybrid in our Hartford CT location. (Tuesday-Thursday) or remote.
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: $113,200 - $169,800
About Us
We believe every day is a day to do right. And that belief has guided us for over 200 years. Showing up for people isn’t just what we do, it’s who we are. We’re devoted to finding innovative ways to serve our customers, communities and employees – continually asking ourselves what more we can do.