Actuarial Small Business Spectrum
Core
Actuarial role supporting $3.0B of Commercial Multi-Peril business for The Hartford's Small Business segment, focusing on rate strategy, pricing segmentation, and product innovation.
Role type
Associate Actuary (IC)
Builds
Commercial Multi-Peril insurance products (Spectrum BOP and E&S offerings)
Domain
Insurance / Actuarial Science
Deliverable
production ML models | product features
Required skills
Actuarial modeling, pricing segmentation, loss development factor analysis, trend selection, SQL, R, Python, Excel, VBA, SAS
Preferred skills
Programming (SQL, R, Python, SAS), automation of actuarial methodology
Responsibilities
Develop internal modeled rate level indications, evolve class plans through pricing segmentation improvements, update Loss Development Factors and Pricing Assumptions, create analysis for pricing factors (deductibles & ILFs), update leadership presentations on New Business results, partner with Underwriting & Product teams, lead and mentor junior team members
Seniority
Mid-level (4+ years experience, 6-7 exams passed)