The Hartford Financial Services Group, Inc. Logo

The Hartford Financial Services Group, Inc.

Assistant Director & Actuarial Associate, Spectrum Actuarial

Posted 24 Days Ago
Be an Early Applicant
Remote
Hiring Remotely in United States
Junior
Remote
Hiring Remotely in United States
Junior
The Assistant Director & Actuarial Associate will develop internal rate level indications, maintain analytics tools using statistical software, advance pricing strategies, and evaluate opportunities in the insurance market. This role demands collaboration with actuarial teams, a results-driven mindset, and innovation in actuarial methodologies.
The summary above was generated by AI

AD & Actuarial Associate - AS07AE

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.   

         

Assistant Director & Actuarial Associate, Spectrum Actuarial

The position is part of the Spectrum actuarial team which provides support for $2.2B of Commercial Multi-Peril business for The Hartford’s Small Commercial business segment. Our Spectrum BOP product is proprietary to The Hartford and is regarded as the market leader in the industry. Additionally, the team supports the growth and development of Small Commercial’s Multi-Peril E&S offering. As we operate in both a fluid and competitive industry, we continuously innovate the line and create product / coverage improvements that meet the ever-changing needs of our customers and to remain ahead of our competitors.
This role will partner closely with the Small Commercial Territory Actuarial team and the Product Management organizations. The Spectrum team operates in a matrix-type style that allows us to effectively support business needs, foster innovation, and provide opportunities for individual development. The candidate will be expected to participate in multiple work streams which will be tailored to the candidate’s skill set and interests where appropriate.
Responsibilities may include:

  • Development of internal modeled rate level indications to inform product rate strategy

  • Maintain tools/analytics, using enhanced statistical tools, such as R and Shiny applications allowing us to monitor each component loss ratio performance (e.g. loss and premium trends) at the deepest grain

  • Continuous evolution of Spectrum class plan through improvements to pricing segmentation via additional granularity and new variable introduction

  • Advance our analytic and monitoring capabilities for the E&S product offering

  • Evaluate new and existing opportunities in the E&S space

  • Think creatively to enhance long-standing actuarial methodology using more contemporary techniques

  • Assist with the implementation of pricing for new coverages and products

  • Results driven with commitment to meeting deadlines

  • Attends to detail and manages multiple priorities in a fast-paced environment

Qualifications:

  • Undergraduate degree in mathematics, actuarial science or related field of study.

  • Recent ACAS preferred – candidates with actuarial experience not pursuing exams will be considered

  • Minimum 2 years of property and casualty insurance actuarial experience. Businessowners is a plus, but not necessary

  • Knowledge of actuarial pricing techniques

  • Demonstrated technical/analytical skills; proficiency in Excel required and experience with R/Python/SQL preferred.

  • Effective oral and written communications skills.

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

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

  • Note: This can be a full time, remote work opportunity.

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 - $163,200

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

Top Skills

Excel
Python
R
Shiny
SQL

Similar Jobs

2 Hours Ago
Easy Apply
Remote
Hybrid
United States
Easy Apply
Senior level
Senior level
Artificial Intelligence • Healthtech • Machine Learning • Social Impact • Analytics • Telehealth • Generative AI
The VP of Financial Planning & Analysis will lead financial strategy, processes, and insights for the organization. Responsibilities include financial planning, analysis and reporting, investor relations, team leadership, and process improvement. The role requires collaboration with executive leadership to assess financial implications and manage investor communication, focusing on enhancing healthcare finance under value-based care models.
Top Skills: Adaptive InsightsExcelFp&A SoftwareNetSuite
2 Hours Ago
Remote
USA
Junior
Junior
Artificial Intelligence • Cloud • Fintech • Professional Services • Software • Analytics • Financial Services
The Revenue Accountant will manage the month-end close process for revenue and commissions, ensure accurate commission cycles, analyze contracts for compliance with ASC 606, and collaborate with sales teams to enhance commission processes. A background in accounting and experience with commission systems is required.
Top Skills: AlteryxErp SystemsOracleSalesforceWorkdayXactlyZuora
3 Hours Ago
Remote
United States
Senior level
Senior level
3D Printing
The Accounting Manager oversees general ledger operations and close processes for the US business, ensuring accurate records, financial reporting, and compliance with GAAP. This role includes managing a team, collaborating with various departments, and driving efficiencies in accounting practices, while maintaining internal controls and providing coaching to staff.
Top Skills: ExcelGaapNetSuite

What you need to know about the Mumbai Tech Scene

From haggling for the best price at Chor Bazaar to the bustle of Crawford Market, the energy of Mumbai's traditional markets is a key part of the city's charm. And while these markets will always have their place, the city also boasts a thriving e-commerce scene, ranking among the largest in the region. Driven by online sales in everything from snacks to licensed sports merchandise to children's apparel, the local industry is worth billions, with companies actively recruiting to meet the demands of continued growth.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account