Actuarial Analyst

2 weeks ago


Hartford, United States The Hartford Financial Services Group, Inc. Full time
Actuarial Analyst - AS08CE

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.

This position will be part of a team responsible for understanding and analyzing the performance of the Personal Lines Auto class plans, using this information to price and plan for the future, and advancing monitoring to stay on top of leading indicators that may impact pricing and reserving work. The future of rate indications relies on advanced modeling techniques providing opportunity to work with modeled indications and ensure adoption of new tools.

Major responsibilities of this role include:
  • Pricing support for PL Auto rate indications that project rate needed to achieve a 15% return on equity. Underlying analyses leverage internal and external data sources and include loss development factors, loss and premium trend projections, understanding current and future expense ratios, etc.
  • Support ADL integration and enhancements for Auto, providing more granular data for monitoring and analytical projects.
  • Partner with AIM, PLDA, and Product teams to develop modeled indication implementation for Auto. Evaluate & implement use cases for modeled indications.


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:

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

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