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Director & Actuary – Personal Insurance Rate Adequacy

Director & Actuary – Personal Insurance Rate Adequacy

CompanyHartford Financial Services
LocationHartford, CT, USA
Salary$147440 – $221160
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Undergraduate degree with a major in mathematics, actuarial science or related field of study.
  • Minimum 5 years of property and casualty insurance actuarial experience.
  • Knowledge of actuarial pricing techniques.
  • High proficiency in Excel required and experience with R/SQL preferred.
  • 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.

Responsibilities

  • Lead a team that produces and analyzes Homeowners rate adequacy on a regular basis with clear visibility into key assumptions.
  • Collaborate with partners on key assumptions going into rate adequacy analysis, ensuring assumptions incorporate the latest information from all areas.
  • Think creatively to develop innovative and novel solutions to actuarial processes and how we can enhance long-standing actuarial methodology using newer data science techniques.
  • Partner with modeling group to prioritize next modeling initiatives including additional use cases, dive into results, and communicate results with business partners.
  • Build tools/analytics, using enhanced statistical tools, such as R and Shiny applications as well as the new Homeowners data asset.
  • Present results to leaders in Reserving, Actuarial, Claims, and Product, among others.
  • Results driven with commitment to meeting deadlines.
  • Attends to detail and manages multiple priorities in a fast-paced environment.

Preferred Qualifications

  • FCAS preferred, but open to candidates with appropriate knowledge background.