Hybrid Assistant Director, Personal Insurance Product Development at The Hartford
The Hartford · Hartford, United States Of America · Hybrid
- Professional
- Office in Hartford
We’re 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.
The Hartford’s Personal Insurance business is approximately $3.5B and provides Automobile, Homeowners and Umbrella coverages to individuals across the United States. The business includes The AARP® Automobile and Homeowners Insurance Program and is written through the Direct Channel and through Independent Agents.
The Assistant Director is a key member of the Homeowners Countrywide Product Team within Personal Insurance. This position is responsible for leveraging a highly analytical background in the context of exposure / catastrophe management for the Homeowners line of business. This is a high-impact role that drives innovation in risk strategy and exposure management across a national portfolio.
Responsibilities:
Provides guidance and mentorship to team members on catastrophe models and risk management
Serves as a subject matter expert on various catastrophe models including inputs/outputs and primary/secondary characteristics
Partners with IRM to evaluate the catastrophe Risk Models and identify any business implications
Provides guidance to business partners in visualizing varying geographic level catastrophe risk
Develops an action plan against observations from catastrophe management performance monitoring / outlier risk management
Assess competitor pricing and underwriting catastrophe strategies and considers them within internal recommendations
Leads the end-to-end- product development process for capabilities that enable our exposure management strategies from market research through ideation to implementation
Participate in larger “new” initiatives and may lead a functional work stream to develop and deliver products with limited oversight
Proactively researches the market for the latest available risk assessment metrics
Leads proof of concept analyses with external vendors to evaluate their products and ideates on how we can enhance our offering accordingly
Collaborates with the Data Science to incorporate updated catastrophe model pricing into class plan
Represents the Homeowners Countrywide Product Team in cross-functional meetings and initiatives
Critical Skills:
Demonstrates critical thinking and decision-making on complex business problems
Ability to translate complex data into actionable business insights
Strong technical skills with ability to work with large datasets and advanced analytical tools
Experienced with Microsoft programs, SQL, geospatial tools (e.g. ArcGIS), statistical packages (e.g. R, Python) or similar programs used to collect and analyze data
Demonstrates effective written and verbal communication and decision-making skills
Ability to collaborate effectively with business partners
Drives innovation and continuous improvement in catastrophe risk management practices
Strong organizational and time management skills with ability to execute on timelines
Qualifications:
Understanding of catastrophe risk modeling and metrics is highly preferred
Strong mathematics / statistics background required
Minimum 5 years of relevant insurance experience in analytics or risk modeling preferred
ArcGIS experience preferred
Advanced degree and/or insurance designations(s) preferred
This role can have a Hybrid or Remote work arrangement. Candidates who live in close proximity to one of our locations will have the expectation of working in an office 3 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.
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:
$104,000 - $156,000Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
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