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Hartford, CT
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| Career Field |
Actuarial
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| Insurance Discipline |
All
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| Relocation Assistance |
Not Available
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| Job Duration |
Full Time |
| Salary Offered |
Open
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Job Summary: This position could be a salary grade 67 to 69, depending on experience.
Develop and lead research projects and analysis of state and countrywide pricing initiatives. Build models to reflect the economic realities that the data shows.
Job Components/Critical Responsibilities: -Analyze state and countrywide pricing initiatives to assess the impact on business results. Recent studies have included deductible credit factors, increased limit factors, new business penalty, and age of dwelling. -Develop and maintain monitoring reports to track progress of implementing countrywide pricing studies. -Gather necessary data in the needed format for analysis¿be attuned to the various Systems involved. -Build and maintain models to assist in economic analysis of market alternatives including, but not limited to evaluation, disruption, and profitability models. -Aid in response to filing questions and follow up on data needs from internal product and pricing departments. -Contribute to centralization of the pricing function across channels. -Participate in research projects, particularly cross-market and cross-state projects. -Handle 3 to 6 projects, at various stages of completion, at a time, dealing with product, pricing and possible regulatory issues.
Competencies/Qualifications: -ACAS or FCAS designation -Self-directed, strong sense of urgency in meeting deadlines -Manage staff of 1-2 people -Solid knowledge of actuarial concepts -Understanding of class ratemaking, multivariate analysis -Ability to handle shifting priorities -Ability to perform research at a high level -Knowledge of Personal Lines products and systems. -Solid knowledge of Excel, Access, Impromptu and Word -Basic knowledge of financial analysis, research methods, pricing techniques and alternate distribution systems -Good oral and written communications -Strong time management skills -Minimum 5 yrs. of experience
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