What are the responsibilities and job description for the Director & Assistant Actuary - Workers Compensation Pricing position at The Hartford?
Director & Assistant Actuary - AM06BEAD & Actuarial Associate - AS07AEWe’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.Overview of the Position Join our Workers’ Compensation line of business pricing actuarial team, supporting a $3B book across both Small (SC) and Middle / Large Commercial (MLC) segments. As a market leader within the WC industry, this role has significant visibility from leadership.This role owns various pricing tools and develops business guidance to drive profitable growth. The position will work in close partnership with a variety of business partners including product, underwriting, data science, IT, and multiple actuarial teams. Additionally, there is an opportunity to manage one employee.We seek a candidate with strong statistical, analytical and communication skills, who is eager to challenge and continuously improve established processes and creatively solve new problems.Responsibilities As a key member of the WC LOB Actuarial team, this individual will perform a variety of actuarial functions including : Lead the development, enhancement and maintenance of actuarial pricing methodologies and tools used by the Underwriting, Product and Sales teams. This includes tools focusing on risk segmentation as well as development of account-specific indicated premium picks.Update pricing model parameters while adding enhancements for improved accuracy and process efficiency. This includes items such as loss development, trend, excess loss factors, and credibility refreshes.Foster strong connections between teammates and key business partners. Collaborate with our product business partners to provide accurate views of profitability and perform analyses that identify and address business issues.Support the production implementation of various pricing initiatives.Stay apprised of broader industry trends and perspectives.Qualifications : ACAS or FCAS preferred. Candidates with actuarial experience not pursuing exams will also be considered.Minimum 4 years of Property and Casualty Insurance Actuarial experience.Prior Workers Compensation experience a plus, but not required.Demonstrated leadership capabilities.Knowledge of Actuarial pricing and reserving techniques.Very strong technical / analytical skills; High proficiency in Excel required and experience with R / SQL preferred.General knowledge of Property and Casualty insurance operations.Effective oral and written communications skills.Independently motivated; constantly looks for areas to add value.Teamwork skills including ability to effectively collaborate with and influence individuals at different organizational levels.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 annualized base pay range for this role is : $108,800 - $199,080The 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#J-18808-Ljbffr
Salary : $108,800 - $199,080
