What are the responsibilities and job description for the AD & Actuarial Associate Group Benefits position at The Hartford?
AD & Actuarial Associate - AC07BE
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.
GBD helps millions of everyday Americans ensure that when accidents and illnesses happen, their families don't also have to deal with financial difficulties. The Hartford is a mover and a shaker in the industry - we're one of the largest and fastest growing (a rare combination) providers of employee benefits in the U.S. In addition to our rapid growth, we've developed an enviable reputation as one of the most financially disciplined writers in the business.
This position supports Group Benefits Pricing efforts across all product lines as part of annual target-setting and financial operating plan (Op Plan) processes through maintenance and enhancement of the Case Projections Tool, an R-based solution. This position also supports the Pricing and Underwriting Case Renewal Modeling, by forecasting case-level premium rate changes and the associated persistency at policy renewal. Lastly, this position is responsible for collaborating with Valuation and ERM-ALM to ensure GB's book of business continues to be adequately hedged through periodic liability and liquidity modeling.
Opportunities :
- Interact and collaborate with both actuaries and non-actuaries in a team-based environment.
- Exposure to all products offered in the Group Benefits insurance product suite (Life, STD, LTD, SADD, Supp Health).
- Own individual projects and processes and see them through from start to finish.
- Develop technical skills in R while also gaining and refining "soft skills".
Responsibilities of this position include :
Assist in the development of required premium for use in GB Pricing's annual target-setting process
Own Excel-based modeling with a focus on improving upon the current state process
Coordinate monthly with Valuation and ERM to monitor the duration of our liabilities so HIMCO can manage the asset portfolio accordingly
Qualifications
Behaviors at the Hartford
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
Salary : $108,800 - $163,200
