About the role
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.
Join our Workers’ Compensation line of business pricing actuarial team, supporting a $3B book across both Small Business and Middle & Large Commercial segments. As a market leader within the WC industry, this role has significant visibility from leadership.
This role owns various pricing tools and develops business guidance to drive profitable growth. The position will work in close partnership with a variety of business partners including product, underwriting, data science, IT, and multiple actuarial teams.
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.
Responsibilities:
As a key member of the WC Actuarial Pricing 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:
FCAS preferred, but not required.
5+ years of actuarial experience with a proven record of success.
Prior Workers’ Compensation experience a plus, but not required.
Demonstrated leadership capabilities.
Knowledge of Actuarial pricing and reserving techniques.
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.
Location:
This role can have a Hybrid work arrangement in hub offices located in Hartford CT, Chicago, IL, and Charlotte, NC. Candidates who live near one of our office locations will have the expectation of working in an office three days a week (Tuesday through Thursday). Candidates who do not live near an office may be considered for a remote work arrangement with occasional travel.
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:
$136,000 - $204,000Equal 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
Aplyr's read
The Hartford is a prominent player in insurance, attracting professionals seeking roles in AI, litigation, and financial analysis within a supportive environment.
What's promising
- •The Hartford offers diverse roles, from AI engineering to litigation, appealing to a wide range of professionals.
- •It has a strong reputation in the insurance sector, providing stability and growth opportunities.
- •The company invests in technology, hiring for roles like Applied AI Data Scientist and Software Engineering Manager.
What to watch
- •The insurance industry faces regulatory challenges that could impact The Hartford's operations.
- •Competition from other insurers may pressure The Hartford to innovate continuously.
- •Limited public information about the company's internal culture and employee satisfaction.
Why The Hartford
- •The Hartford's focus on integrating AI into its operations sets it apart in the insurance industry.
- •It offers specialized roles in niche areas like subrogation and complex litigation.
- •The Hartford's commitment to hybrid work models appeals to tech professionals seeking flexibility.
Aplyr’s read is generated by AI from public sources. Was it useful?
About The Hartford
The Hartford is a leading insurance and financial services company that provides a wide range of products and services, including property and casualty insurance, group benefits, and mutual funds.
