Director & Actuary or Director & Assistant Actuary, Personal Lines Auto Physical Damage Reserving

Posted:
10/7/2024, 11:22:48 AM

Location(s):
Connecticut, United States ⋅ Hartford, Connecticut, United States

Experience Level(s):
Senior

Field(s):
Business & Strategy ⋅ Data & Analytics

Workplace Type:
Remote

Director & Actuary - AM06AE

Director & Assistant Actuary - AM06BE

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.          

This role can be a Director & Actuary or Director & Assistant Actuary depending on the skills and experience of the candidate.

The Director will be responsible for developing countrywide Auto Physical Damage reserves and communicating Physical Damage loss performance across The Hartford’s $800M+ countrywide Auto Physical Damage portfolio. This position will manage one direct report.

At The Hartford, we are determined to outperform our competition and are driven by a passion for delivering superior insights that fuel our business’s profitable growth. Personal Lines has support and visibility at the highest levels of management, making this a prime opportunity to gain experience working in a fast-paced environment with valuable exposure to senior leaders.

This role will work closely with other Actuarial partners as well as Claims Performance Analytics, Product, and Data Science.

Responsibilities:

  • Engage in weekly Auto Business System meetings with cross-functional leadership representation.

  • Monitor and analyze loss ratio, frequency, and severity performance.

  • Communicate nuanced reserve selections to technical and non-technical audiences.

  • Provide thought partnership and support to the Countrywide Pricing team.

  • Coach and develop direct report(s).

  • Innovate new tools and routines that advance our analytical capabilities.

  • Partner with Claims Performance Analytics to understand operational and environmental trends, including impacts to salvage and subrogation recoveries.

  • Collaborate with Auto Liability reserving partners on strategic projects spanning Auto coverages.

Qualifications:

  • 3+ years of P&C insurance experience.

  • FCAS strongly preferred.

  • R and SQL proficiency.

  • Demonstrated leadership capabilities.  Direct people management experience is attractive but not required. 

  • Proven track record proactivity challenging existing processes, influencing business decisions, and driving execution within deadlines and other parameters.

  • Team player adept at building trusting, collaborative, and effective partnerships.

  • Ability to own projects, overcome obstacles, and anticipate customer needs.

  • Bias for innovation.

  • Accomplished in independent problem-solving and troubleshooting.

  • Excellent analytical and critical thinking skills, including attention to detail.

  • Experience working independently as well as part of a team.

  • Adaptability to dynamic priorities.

  • Strong written and verbal communication skills.

Location:

This role is eligible for a Hybrid or Remote work arrangement.  Candidates who live near one of our office locations will have the expectation of working in an office three days a week (Tuesday through Thursday).   Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise.

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:

$130,400 - $217, 320

The 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

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