Director & Actuary, Personal Lines Pricing Analytics
Job Description
You are a driven and motivated problem solver ready to pursue meaningful work. You strive to make an impact every day & not only at work, but in your personal life and community too. If that sounds like you, then you've landed in the right place.
Overview of the Position
The Director of Pricing Analytics will accelerate the transformation of The Hartford's Personal Lines business leading a team of 6-8 analysts. This leader will develop strategies to enhance the pricing accuracy, adequacy and growth for our countrywide portfolio of ~$3B in premium. A passion for innovation will be critical especially as we transition to supporting our exciting new Auto and Home insurance product supported in a cloud-based platform.
In addition to rate review responsibilities, we are looking for a creative trailblazer who can provide new perspectives while leading or supporting cross-functional teams to modernize our pricing data architecture, create advanced analytical pricing tools, and streamline processes. A successful leader will be able to demonstrate excellent communication and influencing skills, as well as strong technical skills and actuarial acumen, with a track record for building and inspiring a high-performing team.
Responsibilities:
Experience & Skills
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:
$136,320 - $204,480
Benefits
Our company's success is due to our employees' dedication and passion for their work. They are our greatest asset. That's why we are committed to offering employees and their families a comprehensive benefits package and award-winning well-being programs. By helping our employees achieve their full potential, we unlock our own. Visit https://www.thehartford.com/careers/benefits for details.
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
Director & Actuary - AM06AE
Skills:
Overview of the Position
The Director of Pricing Analytics will accelerate the transformation of The Hartford's Personal Lines business leading a team of 6-8 analysts. This leader will develop strategies to enhance the pricing accuracy, adequacy and growth for our countrywide portfolio of ~$3B in premium. A passion for innovation will be critical especially as we transition to supporting our exciting new Auto and Home insurance product supported in a cloud-based platform.
In addition to rate review responsibilities, we are looking for a creative trailblazer who can provide new perspectives while leading or supporting cross-functional teams to modernize our pricing data architecture, create advanced analytical pricing tools, and streamline processes. A successful leader will be able to demonstrate excellent communication and influencing skills, as well as strong technical skills and actuarial acumen, with a track record for building and inspiring a high-performing team.
Responsibilities:
- Lead the analysis, design and implementation of state-specific class plan enhancements
- Drive continuous action for profit improvement, policy growth and retention across a portfolio of highly nuanced states. Disrupt established practices while utilizing competitor and industry research to win approval for proposed changes.
- Continuously challenge, improve and rebuild existing processes or tools to advance the team's pricing and analytical capabilities. Increase the breadth and depth of pricing knowledge across Personal Lines while mobilizing teammates to explore new data and analytical technologies.
- Build strong partnerships and collaborate with State Product Managers, Actuarial, Data Science and other key areas. Provide clear, frequent and compelling communication as project delivery and pricing activities progress over time. Deliver all work on or ahead of schedule with high standards of quality and actuarial practice.
- Lead a team of 6-8 analysts, cultivating a positive culture and with a focus on attracting and retaining diverse talent. Invest in staff career development through coaching, feedback, stretch assignments and formal training.
Experience & Skills
- Minimum 5+ years of P&C insurance experience with strong analytical and problem-solving skills and fundamental understanding of ratemaking.
- FCAS/ACAS designation preferred.
- Knowledge of SQL, R, Python, or other languages a plus.
- Strong interpersonal skills and experience working with functional areas such as Product Management, Data Science, Underwriting, and Compliance; ability to communicate clearly and simply to a variety of audiences.
- Strong time management, prioritization, delegation and project management skills.
- Proven track record of challenging existing processes and influencing others in the spirit of continuous improvement.
- Experience leading and developing a high performing team.
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:
$136,320 - $204,480
Benefits
Our company's success is due to our employees' dedication and passion for their work. They are our greatest asset. That's why we are committed to offering employees and their families a comprehensive benefits package and award-winning well-being programs. By helping our employees achieve their full potential, we unlock our own. Visit https://www.thehartford.com/careers/benefits for details.
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
Director & Actuary - AM06AE
Skills:
Date Posted
09/02/2022
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