About the Role
Director & Actuary or Director & Assistant Actuary, Inland Marine, MLC Programs, and Multinational
remote type
100% Remote
locations
Hartford, CT
time type
Full time
job requisition id
R2417006
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 position can be a Director & Actuary or a Director & Assistant Actuary depending on the skills and experience of the candidate.
This position leads an Actuarial team that supports the Inland Marine, Programs, and Multinational lines within Middle and Large Commercial. These lines write a combined $400M in premium. The Hartford is determined to beat the competition and has a strong desire to expand the breadth and depth of its Commercial Property and Programs capabilities, becoming a stronger risk player in the marketplace. We are improving our profitability using continuous innovation and a deep understanding of the business. The line has support and visibility across the enterprise.
This position is responsible for leading a team of four (4). It is imperative to establish strong relationships with the business partners, build credibility, and proactively identify areas to improve the business results.
Responsibilities:
Specifically, the individual in this role will:
- Lead the Marine, Programs, and Multinational teams in creating rate indications, trends, and loss ratio forecasts on a regular basis; incorporate insights into our pricing tools.
- Own the Marine benchmark model and coordinate updates with Product, Underwriting and the field organization. Partner with the AIM and AIS teams to enhance data, the benchmark model, and other tools.
- Ensure that the team executes the Marine rate filings which are a key component to improving results. Drive efficiencies in the rate filing processes to maximize time for the analytical work related to filing decisions.
- Work closely with team members to understand how various perils, including CAT, impact the book of business.
- Understand the details and nuances of our Marine, Programs, and Multinational books. Drive continued action for profit improvement and proactively identify areas of opportunity for premium growth.
Qualifications:
- Minimum 4 years of P&C insurance experience. Property specific experience a plus.
- FCAS or career ACAS strongly preferred. Similar experience (e.g. FSA/ASA) will be considered.
- Prior management experience is strongly preferred, but not required.
- Ability to prioritize work efforts and operating plans to achieve business goals and objectives.
- Proven track record of challenging existing processes, influencing others and driving processes to a conclusion while TRAVEL”>meeting critical deadlines.
- Strong written and verbal communication skills to convey technical results to our business partners and influence decisions.
- Team player with strong collaboration skills and ability to build trusting, effective partnerships.