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The Senior Actuarial Analyst provides technical support to one or several actuarial project managers. Assignments normally involve learning and applying standard actuarial processes specific to the job assignment. Typical responsibilities may include compiling and categorizing data, documenting and verifying the factors used in computations such as those used in experience analyses, evaluating loss and expense reserves, preparing rate filings, schedules of statistics, financial statements, premiums, benefits and reserves and establishing rating and pricing levels.
As an example, some of the projects that former actuarial students participated in include: Creating innovative solutions to hedge stock market risks inherent in our Variable Annuities when reinsurance is no longer an option or using past experience and personal expertise to place a competitive bid on a Group Life Insurance contract for a Fortune 500 Company. There are approximately 35 students and rotational opportunities in the life actuarial program and over 50 in the PC actuarial program. These rotations are in all the business segments across the enterprise which allow you to become a well-rounded actuary in the track (PC or Life) that you choose.
The candidate will be offered entry into one of our Hartford's Executive Actuarial Rotational Training programs, providing minimum entry requirements are met. These programs provide support for actuarial examinations, and leadership and professional development.
The Program will assist students to develop core skill areas such as analytical technical skills, leadership, communication, innovation, initiative and business/organizational Knowledge as well as The Hartford's corporate behaviors: operating as a team player, delivering outcomes, striving for excellence and building strong partnerships.
Actuarial students rotate within either the Life roles or the PC roles (depending on the program they are in) professionally develop into successful actuaries. Rotations vary in length from eighteen months to two years, with the minimum rotation set at 12 months.
As part of the program requirements, you will be expected to make timely progress in completing the actuarial exams. You will be given study time and materials to assist you with your exams. Actuarial students receive 130 study hours every six months to study for actuarial examinations. Each program provides comprehensive exam support, including examination fees, exam and study materials. Students may attend one seminar per examination, subject to minimal restrictions. Salary increases are automatic upon passing actuarial examinations.
- Minimum of two actuarial exams completed.
- Undergraduate or graduate degree in Actuarial Science, Mathematics, Economics, Finance or related degree program.
- Cumulative GPA of 3.3 or higher.
- At least one actuarial internship or related internship experience.
- Personal commitment
- Strong communication and interpersonal relationship skills
- Ability to shift priorities, and manage multiple tasks
- Team player
- Strong computer skills such as Excel, Access or other related systems and spreadsheet applications.
- Business / Organizational Knowledge
- Strong record of leadership and participation in extracurricular activities, academic clubs or research projects.
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.
WHY JOIN THE HARTFORD?
With more than 200 years of expertise, The Hartford (NYSE: HIG) is a leader in property and casualty insurance, group benefits and mutual funds. The company offers a full complement of business insurance coverages, auto and home insurance, employee benefits and a family of mutual funds to help its customers prepare for the unexpected, protect what is most important to them, and prevail in the event the unexpected happens. Headquartered in Hartford, Conn., the company has approximately 20,000 employees located throughout the country. The Hartford reported 2012 revenues of $26.4 billion.
Throughout its history, the company has delivered on its promises to agents, brokers and customers, insuring some of the nation's most historic construction projects, such as the Golden Gate Bridge and the Hoover Dam. The Hartford has also paid claims related to some of America's largest disasters, including the Great Chicago Fire of 1871, the San Francisco Earthquake of 1906, the September 11 terrorist attacks, and more recently, Hurricane Katrina and Storm Sandy.
The Hartford's biggest competitive advantage is its employees. We hire a broad range of talented teammates from diverse backgrounds and cultures. We look for teammates who share our vision to be an exceptional company celebrated for financial performance, character, and customer value.
The Hartford is widely recognized for its service excellence, sustainability practices, and trust and integrity. The company has been recognized by:
*Human Rights Campaign as a 2014 Best Place to work for LGBT Equality (2014)
*Dow Jones Sustainability Index as a leader in corporate sustainability (2013)
*Carbon Disclosure Project on the 2013 Climate Performance Leadership Index (2013)
*GI Jobs as a 2014 Military Friendly Employer (2014)
*Military Times Edge as a Best for Vets Employer (2013)
*Ethisphere Institute as One of the "World's Most Ethical Companies" (2008-2012)
Visit our website to learn more about The Hartford's recognition. More information about the company and its product offerings is available at www.thehartford.com.
Join us on Facebook at www.facebook.com/TheHartford.
Follow us on Twitter at www.twitter.com/TheHartford.
WHAT IS THE COMPENSATION OPPORTUNITY?
At The Hartford, our compensation philosophy is simple: we pay competitive base salaries and reward performance. In addition, you will be eligible to participate in our comprehensive benefits program including Medical, Dental, Life and Disability Insurance, a 401K Plan, an Employee Stock Purchase Plan and more.
WHAT ELSE CAN YOU TELL ME?
The Hartford is an equal employment and affirmative action employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law.
The Hartford maintains a drug-free workplace and is committed to building inclusion and leveraging diversity
** NO AGENCIES PLEASE **
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