Jobs

Position Accountabilities

Oversee the introduction, evaluation, and enhancement of advanced developments in Data-related processes, practices, analytics, and technologies. Scope covers both Personal and Commercial lines

• Serve as a focal point of expertise for the exploration and evaluation of Industrial and/or Academic state-of-the-art Research developments
• Lead the development of prototypes to demonstrate business implications of external state-of-the-art Industrial and/or Academic Research findings.
• Manage the transition of successful Ideation & Prototyping efforts into the appropriate business segments for deployment and productionalization
• Provide direction of advanced statistical techniques for use on strategic projects that provide substantial business benefit, such as class plan/product development of innovative products
• Inform and influence Product development pricing models, use of new variables, competitive intelligence, growth/retention models, and other modeling efforts with Applied Research
• Manages 5-8 highly technical professionals
• Works regularly with Sr Leadership Teams
• Requires a high level of technical competence (actuarial, quantitative, statistical), technological awareness, and sophisticated business acumen to apply and transform advanced data-centric developments into business implications

• Champion the adoption of leading-edge Research developments into our product development efforts
• Contribute to strategic direction of new products that aim to meet long term volume and profit goals of the business units
• Interface with business managers to understand the needs of their business and use Ideation and Prototyping of relevant developments to create innovative solutions that provide a competitive edge
• Participate in peer review process with other areas within ARPD Research and Data
• Coordinate with Pricing, Marketing, Finance, and Information Technology areas to implement and monitor new products.
• Evaluate potential consultants for suitability and during any engagements. Provide scope definition to consultants, track progress, and limit exposure to key ideas.
• Identify growth opportunities that create and deliver PL/CL Product Design and/or Price Plans that can drive significant additional premium and revenue

• Drive our Research strategy and objectives to be positioned to take advantage of leading-edge, state-of-the-art developments
• Drive Ideation and Prototyping, and ARPD to a position of enhancing and contributing to the state-of-the-art
• Expert knowledge of external environment including industry, competitor landscape and related financial services community
• Drive the evaluation and adoption of new data mining and modeling approaches that make most effective, innovative and business-sensible use of all data to assist with development of new product.
• Key ongoing tasks include enhancing business' ability to further knowledge of the underlying costs and the competitiveness of risks
• Develop usable metrics

EXPERIENCE, SKILLS, EDUCATION etc:

• Minimum education requirements include BS in quantitative field; Master's Degree or higher in Statistics, Applied Mathematics, Actuarial Science, Quantitative Economics or other similar field preferred; ACAS or FCAS a plus.
• 10+ years management/leadership experience with at least 5 years of demonstrated experience leading technical research agendas/staff in a project-based matrixed environment
• Requires a high level of technical competence (actuarial, quantitative, statistical), technical awareness, and sophisticated business acumen to apply and transform advanced data-centric developments into business implications.
• Strong project management, negotiation and influencing skills essential; must be able to successfully drive change and influence behavior.
• Exceptional verbal/written communication skills; Must be able to communicate effectively at senior levels across P&C
• Requires sophisticated business acumen in order to successfully translate complex technical topics into business solutions and strategies; Knowledge of The Hartford's formal and informal structures, business processes, and data sources is essential
• Strong strategic thinking and analytical capability