Job Title

Risk Analyst - KR08CE Weu2019re 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 u2013 and to help others accomplish theirs, too. Join our team as we help shape the future. Risk Analyst, Economic Capital Description: This is a position on the Economic Capital team within Enterprise Risk Management (ERM). The Hartford utilizes an Economic Capital framework to assess the capital adequacy and risk profile of the Company. The Economic Capital model is used by our team to provide a market consistent perspective of capital adequacy which supplements Statutory and GAAP accounting-based capital assessments. The Risk Analyst will focus on modeling and analysis of Required Economic Capital and Available Economic Capital, as well as any impacts on Capital Attribution. Major focus areas of the role include: - Produce, maintain, and enhance the Economic Capital (EC) model - Analyze and assess available capital for the Economic Balance Sheet (EBS) - Evaluate semi-annual EC and EBS results and share with senior management - Leverage EC model to contribute to annual Capital Attribution process - Streamline and automate data prepping, modeling, and reporting processes - Collaboration with several input providers across the company - Utilize the EC model on an ad hoc basis for strategic business initiatives - Perform industry research, peer benchmarking, and compare to other capital models Primary Responsibilities: The main focus of the Risk Analyst position will be supporting ERMu2019s Economic Capital initiatives, including both scheduled production, and ad hoc use-cases of Economic Capital. A main responsibility will be the semi-annual EC production cycles, including analysis and sharing of results with senior management. Analysis and enhancement of the modeling of pricing and reserving risks in the EC model, particularly their use in Capital Attribution, will be a second main focus area. Other responsibilities include responding to business requests, supporting ERMu2019s risk appetite framework, EC and EBS model sensitivity analyses, industry research, industry benchmarking, comparison between EC and other capital models, and analysis related to due diligence on Mergers and Acquisitions or other strategic business initiatives. This role will work closely with key model input providers across the company, throughout the year. This role presents an opportunity to gain strong working knowledge of the risks facing The Hartford, the companyu2019s assets and liabilities, and the methods for modeling those risks. Qualifications: - Degree in quantitative discipline such as Actuarial, Risk Management, Finance, or related field - Technical aptitude to enhance and use sophisticated financial models - Desire to learn about insurance products and their associated risks - Strong interpersonal skills to build and maintain strong relationships with key business partners - Strong oral and written communication skills to articulate concepts to peers and management - Ability to distill model results into actionable business recommendations and solutions - Self-motivated with drive and ability to take ownership - Ability to adjust to multiple projects and shifting priorities - Ability to work both independently and in team settings - Strong Microsoft Excel skills required and experience with coding languages is a plus As a condition of your employment for HIMCO, you will be required to affirm to HIMCOu2019s Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a u201cCovered Associateu201d under HIMCOu2019s Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years. 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 Hartfordu2019s 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: $80,000 - $120,000 Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age About Us ( Our Culture ( What Itu2019s Like to Work Here ( Perks & Benefits ( Every day, a day to do right. Showing up for people isnu2019t just what we do. Itu2019s who we are u2013 and have been for more than 200 years. Weu2019re devoted to finding innovative ways to serve our customers, communities and employeesu2014continually asking ourselves what more we can do. Is our policy language as simple and inclusive as it can be? Can we better help businesses navigate our ever-changing world? What else can we do to destigmatize mental health in the workplace? Can we make our communities more equitable? That we can rise to the challenge of these questions is due in no small part to our company values that our employees have shaped and defined. And while how we contribute looks different for each of us, itu2019s these values that drive all of us to do more and to do better every day. About Us ( Our Culture What Itu2019s Like to Work Here ( Perks & Benefits Legal Notice ( Accessibility Statement Producer Compensation ( EEO Privacy Policy ( California Privacy Policy Your California Privacy Choices ( International Privacy Policy Canadian Privacy Policy ( Unincorporated Areas of LA County, CA (Applicant Information) MA Applicant Notice ( Hartford India Prospective Personnel Privacy Notice