What are the responsibilities and job description for the Director & Actuary Financial Lines, Global Specialty position at The Hartford Financial Services Group, Inc.?
Director & Actuary - AM06AE
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.
The position is part of the Global Specialty US Actuarial pricing team supporting the $800 million Financial Lines book of business. This role has a broad impact on this segment's success as the lead pricing Actuary for Public D&O, Financial Institutions, and Transactional Liability business totaling $250 million GWP. The position will work in close partnership with our Underwriting Divisions as well as Finance, Claims, and IT departments to develop and explain strategy to senior leaders. This is a leadership position that will manage one actuarial associate.
Responsibilities :
As a key member of the Global Specialty Actuarial team, this individual will perform a variety of actuarial functions including rate development, price monitoring, loss ratio planning, profitability studies and rate filing support where applicable. This person will also assist with semi-annual reserve studies.
Pricing
- Refine, enhance, and / or create rating and pricing models.
- Identify and analyze critical pricing and profitability benchmarks.
- Design and build sophisticated pricing strategies to profitably grow various books of business.
- Analyze internal pricing results and competitor information when available.
- Develop and maintain price monitoring systems and tools.
- Seek out innovative approaches and apply R / SQL skills to enhance existing processes and utilize predictive modeling.
- Partner with Actuarial and other colleagues within The Hartford who support similar lines of business.
General
Qualifications :
Location :
This role can have a Hybrid or Remote work arrangement. Candidates who live near one of our office locations (Hartford, CT; Charlotte, NC; Chicago, IL or New York, NY ) will have the expectation of working in an office 3 days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise.
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 :
144,880 - $217,320
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Salary : $144,880 - $217,320
