Assistant Director & Associate, Actuarial Student, Global Reinsurance Actuarial
AD & Actuarial Associate - AS07AEActuarial Assistant - AS08AE
Were 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.
About Us:
Navigators Re is a global, underwriting-driven, specialist reinsurer. Since its start in 2011, Navigators Re has achieved steady growth, profitability and product diversification. We currently write Property, Casualty, Professional Liability, Group Life and Benefits (focused in Latin America), Agriculture, Surety, Political Risk and Trade Credit from five locations worldwide.
Navigators Re is a brand of The Hartford (NYSE: HIG), a recognized leader in property and casualty insurance for Commercial Lines, Personal Lines, Group Benefits and Mutual Funds.
Responsibilities:
To achieve our future profitability and growth goals, we need best-in-class pricing systems that combine technical accuracy, streamlined workflow, and single-source-of-truth data warehousing for our assumed reinsurance business. This role will support the consolidation of our current pricing framework and development of a data architecture that will provide the actuarial and underwriting teams with an efficient platform for data analysis. In addition, this role will support reinsurance pricing activities across our major product lines. The position reports directly to the Lead Actuary for Navigators Re.
Key responsibilities include:
Develop centralized model applications to support treaty pricing
Partner with actuarial and underwriting colleagues to design enhancements to current pricing models
Streamline model inputs and diagnostics
Work with actuarial leadership to design a proper data architecture for efficient analysis of submission and pricing information
Automate pricing and portfolio-level reporting to reduce manual calculations
Ensure code follows best practices and is understandable
Document model methods and calculations for transparency and ease of maintenance
Provide surge support for treaty pricing, profitability analyses, and parameter updates
Partner with business colleagues across multiple functions to ensure solutions fit into the overall Navigators Re application landscape
Qualifications:
Strong technical, analytical and data skills
Proficiency in programming, especially in VBA and R
2+ years of demonstrated experience in reinsurance or complex pricing, modeling or related actuarial function
Recent ACAS preferred candidates with actuarial experience not pursuing exams will be considered. This role can be filled as part of our robust actuarial student program for a qualified candidate meeting requirements for entry into the program
Self-motivation, creativity, time-management, and project-management skills
Strong written and verbal communication skills with the ability to convey technical concepts to audiences of various levels and diverse backgrounds
Flexibility and willingness to adapt to changing priorities
Process improvement mindset and skilled at developing efficiencies
BA or BS degree, preferably in mathematics, actuarial science, statistics or related field of study
Location:
This role is eligible for a Hybrid or Remote work arrangement. Candidates who live near our office locations in Hartford, Stamford, New York City, or Chicago will have the expectation of working in an office three days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise.
Some travel is required.
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 Hartfords 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:
$90,000 - $140,000
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits
Apply Now
Were 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.
About Us:
Navigators Re is a global, underwriting-driven, specialist reinsurer. Since its start in 2011, Navigators Re has achieved steady growth, profitability and product diversification. We currently write Property, Casualty, Professional Liability, Group Life and Benefits (focused in Latin America), Agriculture, Surety, Political Risk and Trade Credit from five locations worldwide.
Navigators Re is a brand of The Hartford (NYSE: HIG), a recognized leader in property and casualty insurance for Commercial Lines, Personal Lines, Group Benefits and Mutual Funds.
Responsibilities:
To achieve our future profitability and growth goals, we need best-in-class pricing systems that combine technical accuracy, streamlined workflow, and single-source-of-truth data warehousing for our assumed reinsurance business. This role will support the consolidation of our current pricing framework and development of a data architecture that will provide the actuarial and underwriting teams with an efficient platform for data analysis. In addition, this role will support reinsurance pricing activities across our major product lines. The position reports directly to the Lead Actuary for Navigators Re.
Key responsibilities include:
Develop centralized model applications to support treaty pricing
Partner with actuarial and underwriting colleagues to design enhancements to current pricing models
Streamline model inputs and diagnostics
Work with actuarial leadership to design a proper data architecture for efficient analysis of submission and pricing information
Automate pricing and portfolio-level reporting to reduce manual calculations
Ensure code follows best practices and is understandable
Document model methods and calculations for transparency and ease of maintenance
Provide surge support for treaty pricing, profitability analyses, and parameter updates
Partner with business colleagues across multiple functions to ensure solutions fit into the overall Navigators Re application landscape
Qualifications:
Strong technical, analytical and data skills
Proficiency in programming, especially in VBA and R
2+ years of demonstrated experience in reinsurance or complex pricing, modeling or related actuarial function
Recent ACAS preferred candidates with actuarial experience not pursuing exams will be considered. This role can be filled as part of our robust actuarial student program for a qualified candidate meeting requirements for entry into the program
Self-motivation, creativity, time-management, and project-management skills
Strong written and verbal communication skills with the ability to convey technical concepts to audiences of various levels and diverse backgrounds
Flexibility and willingness to adapt to changing priorities
Process improvement mindset and skilled at developing efficiencies
BA or BS degree, preferably in mathematics, actuarial science, statistics or related field of study
Location:
This role is eligible for a Hybrid or Remote work arrangement. Candidates who live near our office locations in Hartford, Stamford, New York City, or Chicago will have the expectation of working in an office three days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise.
Some travel is required.
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 Hartfords 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:
$90,000 - $140,000
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits
Apply Now