Lead Actuary, Global Reinsurance - Navigators Re (remote option)

Company: The Hartford
Location: Stamford
Posted on: August 5, 2022

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. An exciting opportunity has opened up for a Lead Actuary, Global Reinsurance. Navigators Re writes $500M of premium across a number of niche lines worldwide. The management team has a strong desire to expand the breadth and depth of its Reinsurance portfolio with ambitions to grow its capabilities in the marketplace. The line has support and visibility at the highest management levels across the enterprise, making it a high-profile leadership opportunity. This position is currently responsible for leading the Global Reinsurance Actuarial team of five actuarial resources. The lines of business that are currently within the portfolio include Global Property, Specialty Casualty, Agriculture, Surety, Political Risk, Trade Credit, and Group Life & Disability (LatAm). It is imperative to establish strong relationships with the business partners and build credibility with multiple layers of leadership. The candidate will need to be comfortable both within and outside of the traditional actuarial discipline to broaden his or her sphere of influence. It is important to be able to prioritize work for maximum impact while keeping the team motivated and engaged. The position will report directly to The Hartford's Chief Actuary. Responsibilities: Specifically, the individual in this role will: Assume responsibility for the actuarial pricing model upkeep and calibration, transactional overflow pricing support, annual profitability studies, and annual pricing audits of the Navigators Re portfolio Maintain & enhance pricing and modelling tools for the business Work with ERM and capital attribution team to set volatility parameters used in ROE calculations. Contribute to the quarterly reserving process, profitability studies and setting of composite ratios for the annual planning and reforecasting processes Collaborate with Underwriting, Reserving, Claims and other matrixed enterprise partners to drive insights and initiatives Drive efficiencies on the team. Ensure that we reduce complexity to produce high-quality work with an eye towards accuracy. Execute on deadlines. Build an understanding of our competitors and the market in general. Look inside as well as outside to arrive at the most informed answers and decisions. Develop and mentor the actuarial team Experience & Skills Minimum of eight years of P&C actuarial experience, with preference given to specialty reinsurance and large account pricing experience FCAS/career ACAS or other equivalent designation preferred Experience with managing teams and being able to attract and retain talent from within and external to the organization Highly proficient in Microsoft Excel is mandatory; additional skill in Python, R, and/or SQL is highly preferred Ability to prioritize work efforts and operating plans to achieve business goals and objectives Proven track record of implementing best in class actuarial practice within the organization Excellent written and verbal communication skills to convey technical results within the management team and other key stakeholders Team player with strong collaboration skills and ability to build trusting, effective matrixed partnerships 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: 180,000 - $250,000 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 AVP & Actuary - AM05AE --- Skills:

Keywords: The Hartford, Stamford , Lead Actuary, Global Reinsurance - Navigators Re (remote option), Accounting, Auditing , Stamford, Connecticut