Actuarial Middle & Large Property Pricing

The Hartford; Hartford (CT); On-site; USD 76,800 - 115,200; Full time

Job summary

The Hartford in Hartford, CT, is seeking an Actuarial Analyst to support property pricing tools across the Middle & Large Business line. The role focuses on building and enhancing models to help underwriters grow the book while maintaining profitability and partnering with ERM, ASM, and other actuarial teams.

Ideal candidates have a Bachelor’s degree and progress toward actuarial credentials, with strong Excel and programming skills (SQL, VBA, R, Python, SAS).

Qualifications

• Bachelor’s Degree required.
• Actuarial exam path to credentialed actuary with at least 2 passed exams.
• Strong analytical, critical thinking and problem-solving skills.
• Strong Excel skills; knowledge of SQL, VBA, R, Python, SAS or similar languages a plus.
• Excellent written and verbal communication skills.
• Attention to detail with time and project management skills.
• Driven, curious, proactive and able to influence others.

Responsibilities

• Maintain and enhance property benchmark pricing tools for Property Choice, Large Property, and Inland Marine.
• Perform regular assumption analyses and suggest new approaches to differentiate losses, expenses, reinsurance costs, and profit loads across exposures.
• Strengthen consistency across property lines by aligning tools and improving controls and auditability.
• Support implementation of pricing tools, including PolicyCenter PPD calculator, LP and Marine tools, and other PolicyCenter rating support.
• Conduct dislocation analysis for updates and present results to Actuarial leaders and cross-functional teams.

Skills

Analytical thinking

Excel

SQL

VBA

R

Python

SAS

Communication

Time management

Education

Bachelor’s Degree

Tools

PolicyCenter

Excel

Job description

Actuarial Analyst - AS08CE

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.

Middle & Large Business Actuarial has a rotational opening for an Actuarial Analyst supporting the property line of business. This is a strong individual contributor role which supports property pricing tools across M&L property segments. This role is focused on building and enhancing tools and models to allow underwriters to grow the book while maintaining strong profitability. This position will closely partner with Product, UW, ASM, ERM, and Segment Actuarial areas to enhance rating methodology and support profit and growth goals. The position will develop a deep understanding of account-level pricing mechanics and market dynamics across Property segments, building a core foundation of pricing skills.

This position is ideal for someone who is looking to gain expertise working in a line of business, has a desire to influence the business and drive new and sophisticated rate/pricing analyses and tools across the organization.

Responsibilities

• Maintain and enhance property benchmark pricing tools for Property Choice, Large Property, and Inland Marine
• Perform regular assumption analyses, and suggest new approaches to better differentiate losses, expenses, reinsurance costs, and profit loads across exposures. Partner closely with ERM and ASM to incorporate modeled xCAT and CAT losses.
• Enhance consistency across property lines by bringing alignment across tools. Strengthen controls, documentation, and repeatability of benchmark update processes to improve efficiency, reduce key-person risk, and support auditability over time.
• Support implementation of pricing tools, including PolicyCenter PPD calculator, LP and Marine tools, and other PolicyCenter rating support as needed.
• Conduct dislocation analysis for updates, prepare communication materials, and present results to Actuarial leaders, Product, UW, and Segment Actuarial teams

Experience & Skills

• Bachelor’s Degree required.
• Actuarial exam path to become a credentialed actuary with at least 2 passed exams required.
• Strong analytical, critical thinking and problem-solving skills, with the ability to effectively resolve complex issues.
• Strong Excel skills required. Knowledge of SQL, VBA, R, Python, SAS or similar code languages a plus.
• Excellent written and verbal communication skills.
• Attention to detail with strong time and project management skills.
• Driven, intellectually curious, passionate, resourceful and creative.
• Proactive individual, who challenges existing processes, can influence others and drive a process to a conclusion while meeting critical deadlines

Work Arrangement

This role will be hybrid in our Hartford CT location.

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:

$76,800 - $115,200

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age