The Hartford Director & Actuary - Commercial Property in HARTFORD, Connecticut
Title: Director & Actuary - Commercial Property
Location: United States-Connecticut-Hartford
Job Number: 1702594
*Please note, this role can be filled at a slightly lower level as Director & Assistant Actuary.*
Overview of the Position
At The Hartford, the Middle Market Business Segment has a strong desire to expand the breadth and depth of its Commercial Property capabilities becoming a stronger risk player in the marketplace. This line of business, at approximately $320m, has support and visibility at the highest management levels, including our Enterprise Underwriting Office, making this a high-profile opportunity.
We are looking for a strong individual contributor with a robust background in the property line of business. This individual, reporting directly to the AVP, Property Actuarial, will serve as a thought partner in identifying and executing on enhanced capabilities in the areas in catastrophe modeling, budgeting and portfolio management.
Serve as direct liaison between our Enterprise Risk Management and key MM Business Unit teams (Product and Underwriting).
Provide ongoing feedback in support of annual CAT budgeting process.
Build a robust, repeatable process (Actual vs Expected) for monitoring CAT charges and adjusting our financials throughout the year to reflect the actual in-force book.
Partnering across the organization, deliver an effective CAT portfolio management system with controls and a clear operating routine.
Partner with Enterprise Risk Management in providing feedback to refine reports in order to drive more insight and business action across the portfolio.
Leveraging preliminary work, enhance design and implementation of front-line Underwriting location visualization to inform real-time CAT aggregation management.
Identify innovative opportunities for enhanced modeling capability for CAT perils (e.g. Wind/Hail).
Foster a strong connection (feedback loops) between business partners (UW, Product, ERM, Claims, Risk Engineering).
In partnership with other members of Property Actuarial team, assess the rate adequacy of CAT perils. Establish a mechanism for achieved price measurement between non-CAT and CAT.
Provide an independent assessment of the efficiency of our reinsurance purchases (facultative and treaty).
Experience & Skills:
Degree in math, actuarial science, economics, or other quantitative analytic field. FCAS/ACAS preferred. Prior property pricing/ratemaking experience a plus.
5 years of insurance experience
Strong analytical and critical thinking skills, with thorough attention to detail. Ability to own projects and anticipate obstacles and customer needs.
Thought leader, who challenges existing processes, can influence others and can drive a process to a conclusion while meeting critical deadlines.
Self-motivated with the ability to manage time effectively in an environment with multiple priorities and stakeholders.
Excellent written and verbal communication skills with the ability to foster strong customer relationships by conveying technical concepts to audiences of various levels and diverse technical backgrounds.
Moderate-to-advanced programming skills in SQL and SAS.
Predictive Modeling experience in SAS, EMB, R, Python or other modeling software strongly preferred.
Behaviors at the Hartford
Deliver Outcomes – Demonstrate a bias for speed and execution that serves our shareholders and customers
Operate as a Team Player – Work together to drive solutions for the good of The Hartford
Build Strong Partnerships – Demonstrate integrity and build trust with others
Strive for Excellence – Motivate yourself and others to achieve high standards and continuously improve
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
* NO AGENCIES PLEASE *
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