What are the responsibilities and job description for the Assistant Director & Associate, Actuarial Student, Global Reinsurance Actuarial position at The Hartford Financial Services Group, Inc.?
AD & Actuarial Associate - AS07AE
Actuarial Assistant - AS08AE
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.
About Us :
Navigators Re is a global, underwriting-driven, specialist reinsurer. Since its start in 2011, Navigators Re has achieved steady growth, profitability and product diversification. We currently write Property, Casualty, Professional Liability, Group Life and Benefits (focused in Latin America), Agriculture, Surety, Political Risk and Trade Credit from five locations worldwide.
Navigators Re is a brand of The Hartford (NYSE : HIG), a recognized leader in property and casualty insurance for Commercial Lines, Personal Lines, Group Benefits and Mutual Funds.
Responsibilities :
To achieve our future profitability and growth goals, we need best-in-class pricing systems that combine technical accuracy, streamlined workflow, and single-source-of-truth data warehousing for our assumed reinsurance business. This role will support the consolidation of our current pricing framework and development of a data architecture that will provide the actuarial and underwriting teams with an efficient platform for data analysis. In addition, this role will support reinsurance pricing activities across our major product lines. The position reports directly to the Lead Actuary for Navigators Re.
Key responsibilities include :
- Develop centralized model applications to support treaty pricing
- Partner with actuarial and underwriting colleagues to design enhancements to current pricing models
- Streamline model inputs and diagnostics
- Work with actuarial leadership to design a proper data architecture for efficient analysis of submission and pricing information
- Automate pricing and portfolio-level reporting to reduce manual calculations
- Ensure code follows best practices and is understandable
- Document model methods and calculations for transparency and ease of maintenance
- Provide surge support for treaty pricing, profitability analyses, and parameter updates
- Partner with business colleagues across multiple functions to ensure solutions fit into the overall Navigators Re application landscape
Qualifications :
Location :
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 :
90,000 - $140,000
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
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
Salary : $90,000 - $140,000
