Assistant Director, Personal Insurance Product Development

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:

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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