Actuarial Small Business LOB Rate Execution

Reposted 18 Hours Ago
Be an Early Applicant
Hartford, CT, USA
In-Office
77K-115K Annually
Junior
Fintech • Payments • Financial Services
The Role
Support workers' compensation rate execution by producing state-level rate change recommendations, developing filing strategy, managing state filings, and streamlining processes. Partner with Product and IT to communicate rate drivers, support product enhancements, update indication assumptions, project quarterly dividends, complete ad hoc projects, and share knowledge across the WC pricing team.
Summary Generated by Built In
Actuarial Analyst - AS08CE

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.   

         

Worker’s Compensation is ~$3.5B line of business across Small Business and Middle/Large Business and The Hartford is a market leader within the WC industry. 

This Actuarial Analyst position plays a key role for the Workers Comp LOB Actuarial team and will be supporting the traditional actuarial rate execution team. The position will be responsible for producing state level rate change recommendations, developing filing strategy and supporting the filing process. The candidate will have the opportunity to directly interact with business partners, including Product, IT, and multiple groups across Actuarial. 

We are looking for individuals who are curious and motivated to improve current processes and who can communicate effectively to both technical and non-technical audiences.

Responsibilities:

  • Process state rate filings to ensure the rate plan execution.  

  • Develop enhancements to streamline state filings process

  • Partner with Product to understand and communicate drivers of change in rate level

  • Partner with Product to support product enhancements or new product to enhance the WC’s competitive position

  • Complete ad hoc projects to support business priorities

  • Support annual Indication assumptions updates and ensure that the source of the information is properly documented.

  • Project quarterly dividend payment and share the results with dividend committee.

  • Share knowledge and projects across the WC pricing team. 

Qualifications:

  • Bachelor’s Degree required.

  • Actuarial exam path to become a credentialed actuary with at least 2 passed exams required.

  • Strong technical/analytical skills; proficiency in Excel required and experience with R/Python preferred.

  • Effective oral and written communications skills.

  • Independently motivated; constantly looking for areas to add value.

  • Teamwork skills including ability to effectively collaborate and work with individuals across various teams

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 - $115,200

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
  • Actuarial exam path with at least 2 passed exams
  • Proficiency in Excel
  • Experience with R or Python
  • Effective oral and written communication skills
  • Independently motivated and value-focused
  • Teamwork and ability to collaborate across teams

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

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The Company
HQ: Hartford, Connecticut
20,002 Employees
Year Founded: 1810

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

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