Actuary

Company
HSB
Location
Hartford , United States

Join HSB’s expanding pricing team and make a difference by providing actuarial pricing and thought partnership for HSB’s commercial equipment breakdown and renewable energy products. You will use actuarial and statistical methods to deliver proactive insights and innovative solutions to empower our business, including but not limited to developing rates and forecasts, identifying key trends and recommending strategic responses to drive business outcomes. In addition, you will develop coverage enhancements and product strategies in collaboration with HSB’s underwriting, claims and engineering units.

Education and Experience

• Bachelor’s degree in Actuarial Science, Statistics, Economics, Finance, Mathematics, or related fields requiring modeling, programming, or quantitative analysis; alternatively, equivalent work experience.

• Membership in the Casualty Actuarial Society required. FCAS preferred.

• Six (6) or more years of (re)insurance/actuarial work experience.

Knowledge and Skills

• In-depth knowledge of standard actuarial models and techniques, particularly around pricing in the personal and commercial lines markets.

• Understanding of client and market dynamics, as well as regulatory environment.

• Strong knowledge of primary and non-traditional reinsurance/alternative markets, and of insurance company processes and functions.

• Excellent computer skills. Proficient in actuarial modeling software used for reserving, ratemaking, pricing, modeling stochastic distributions or data analysis. Strong programming skills are preferred.

• High attention to detail and reliability to deliver high quality results. Self-driving and proactive.

• Strong project management skills including the ability to coordinate, influence and direct resources outside department.

• Effective time management and organizational skills including the ability to manage conflicting priorities.

• Ability to apply judgment and problem-solving skills to address complex significant issues.

• Effective oral and written communication skills. Ability to influence and negotiate with internal stakeholders and external clients and create acceptance for proposals.

• Strong collaborative and interpersonal skills. Ability to develop positive relationships in the organization.

• Comfortable to work in an environment where change is the only constant.

At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.