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 Actuarial Analyst position will be the key actuary responsible for reserving of the Supplemental Accident & Health products (e.g. Critical Illness) while also gaining exposure to all Employee Benefits products, such as LTD and Life, through projects and analyses. The candidate will work closely with the other functions in Employee Benefits including Business Intelligence, Pricing, Finance, Claims, and Data Science. This position will be tailored to the competency level and the career development needs of the candidate.
Reserving for Supp A&H includes owning the reserve models and process improvements, booking reserves to the ledger, and presenting the drivers of results to the EB Chief Actuary. This role will be heavily involved in the annual project that updates and refines the L1 models for individual claim reserves of LTD and Life Premium Waiver (>$5B of reserves). Further, they will develop, interpret, and improve metrics that assist the business in understanding trends and drivers of results. As time and prioritization allows, the student will be asked to help analyze emerging issues and trends that are impacting profitability.
Responsibilities:
Reserving for Supp A&H products including ownership of methods and process.
Present Supp A&H loss ratio results at month-end to the EB Chief Actuary, explaining drivers of results.
Develop and report LTD metrics to Claims and various levels of management; perform ad hoc analysis of loss ratio drivers as priorities arise.
Lead/participate in one major reserve project each year (Premium Waiver or LTD), utilizing company experience and predictive models to update reserve assumptions on individual claims.
Continuously improve outdated data and reserve processes.
Prepare reserve reconciliations for internal and external auditors, ensuring regulatory compliance.
Support the LTD Settlement Claims team using LTD reserve systems and actuarial judgement.
Experience & Skills
Bachelor’s Degree required.
Life Actuarial exam path to become a credentialed SOA 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 - $115,200The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It’s Like to Work Here | Perks & Benefits
Skills Required
- Bachelor's Degree
- Life actuarial exam path with at least 2 passed SOA exams
- Strong Excel skills
- Knowledge of SQL, VBA, R, Python, SAS or similar coding languages
- Strong analytical, critical thinking and problem-solving skills
- Excellent written and verbal communication skills
- Attention to detail with strong time and project management skills
- Experience owning reserving models/process and booking reserves for Supplemental A&H or Employee Benefits
- Ability to prepare reserve reconciliations for auditors and ensure regulatory compliance
The Hartford Financial Services Group, Inc. Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about The Hartford Financial Services Group, Inc. and has not been reviewed or approved by The Hartford Financial Services Group, Inc..
-
Retirement Support — A 401(k) with matching plus an additional company contribution, alongside an employee stock purchase plan and no‑cost financial planning, signals robust long‑term savings support. HSAs/FSAs and related financial tools further strengthen overall financial well‑being.
-
Leave & Time Off Breadth — At least 25 days of PTO to start, options to buy or roll over time, and paid parental leave indicate broad time‑off support. Paid leave for organ and bone marrow donation and generous disability coverage extend protection for significant life events.
-
Healthcare Strength — Multiple medical, dental, and vision options with the company covering most medical and dental premiums reflect strong core health coverage. Wellness programs, fitness reimbursements, well‑being credits, and accessible behavioral health services expand depth and accessibility.
The Hartford Financial Services Group, Inc. Insights
What We Do
Human achievement is at the heart of what we do. We put our belief into action by not only ensuring individuals and businesses are well protected, but by going even further – making an impact in ways that go beyond an insurance policy
