Title: Sr Actuarial Analyst (HP) ** Location: United States-Connecticut-Simsbury Other Locations: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, reporting the profitability of our Universal Life product by calculating experience rations, reserves and net profits, using actuarial techniques to determine the net present value of competing companies to advise senior management of a favorable acquisition, and using past experience and personal expertise to place a competitive bid on a Group Life Insurance contract for a Fortune 500 Company.
The candidate will be offered entry into one of ourHartford'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, and Business/Organizational Knowledge. Actuarial students rotate within either the Life roles or the P&C roles (depending on the program they are in ) o 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.
HIGCLG HIGACT
* 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. The candidate must have strong analytic and communication skills and be willing to take a creative approach to problem solving. Being able to work independently and efficiently manage multiple projects at once are important.
Conservative investments make us financially stable. We offer a suite of products, all in one location - can the other insurance carriers offer same career growth without having to move every few years We focus on the well rounded actuary individuals who can run their position as its own business, present to senior management on a regular basis, and work closely with other non-actuaries, as well as handle all of the technical aspects of their job. Because of this, our student program also grows top-notch FSAs with multiple rotations and management experience behind them. In fact, actuaries occupy lead positions in every single business division. Just ask our President and Chief Operating Officer, who is also an actuary, and a graduate of our actuarial rotation program!
WHAT IS THE COMPENSATIONOPPORTUNITY At theHartford, our compensation philosophy is simple: we pay competitive base salaries and reward performance. The base salary for this position ranges from $50-$65K. In addition, you will be eligible to participate in our comprehensive benefits program including Medical, Dental, Life and Disability insurance, and 401(k) plan, and Employee Stock Purchase plan and more.
WHY JOIN THEHARTFORD The Hartford Financial Services Group Inc. (NYSE: HIG) is a leading provider of insurance and wealth management services for millions of consumers and businesses worldwide. TheHartfordis consistently recognized for its superior service, its sustainability efforts and as one of the world's most ethical companies. In 2011, The Hartford reported revenues of $21.9 billion. More information on the company and its financial performance is available atwww.thehartford.com.
TheHartfordbelieves people should live with financial confidence. TheHartfordexists to provide the confidence and peace of mind that helps people achieve their financial goals. We enable this confidence though the breadth of our product portfolio and relationships and the depth of our knowledge.
TheHartford's biggest competitive advantage is our employees. We hire a broad range of talented teammates from diverse backgrounds and cultures. We look for teammates who share ourcore valuesand bring passion to their jobs. Our values are projected in the way we interact with customers and among our teams.
We are an innovative leader in the industry and have been recognized by:
· Ethisphere Instituteas One of the "World's Most Ethical Companies" for five consecutive years · GI Jobsas a 2012 Top 100 Military Friendly Employer · Military Times Edgeas a 2011 Best for Vets" Employer · Carbon Disclosure Project's Carbon Disclosure Leadership Indexfor The Hartford's approach to climate change disclosure for four consecutive years (2008, 2009, 2010, 2011) · NewsweekGreen Rankings - No. 12 on the list of U.S. Companies (2011) · PhoenixBusiness Journalas aBest Placeto Work (2011) · TheChicagoTribuneas a Top Workplace (2011) · The San Antonio Express Newsas a Top Workplace (2011) · AtlantaJournal-Constitutionas a Top Workplace(2011) · IndianapolisStaras a Top Workplace(2011) · TheHartfordCourantand FOXCT as a Top Workplace(2011) · OKCBiz as aBest Placeto Work(2011)
WHAT IS THE COMPENSATIONOPPORTUNITY 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
TheHartfordis an Equal EmploymentOpportunityand Affirmative Action Employer.
TheHartfordmaintains a drug-free workplace.
Committed to Building Inclusion and Leveraging Diversity
** NO AGENCIES PLEASE **
HIGCLG HIGACT
Get Started Applying for this Job by entering your email address below.