Perform model validations of critical models used across The Hartford’s functional areas and lines of business to ensure models are performing effectively and efficiently
Ensure model calculations are accurate and appropriate for intended use
Assess key data inputs and assumptions for accuracy and appropriateness
Review model outputs for accuracy and appropriate downstream usage
Deliver effective challenge to key modeling elements such as inputs, calculations, outputs, conceptual soundness, monitoring & controls, documentation, etc.
Identify findings and recommendations to mitigate model risk, compile clear, concise and well-structured model validation reports, perform in-depth assessments of model risk, perform governance accountabilities related to findings tracking, remediation testing, and validation
Build strong working relationships with key partners across the enterprise, including Data Science, Property & Casualty, Group Benefits, HIMCO, and a number of Corporate functions
Pro-actively stay informed of department initiatives, deliverables, and reporting
Assist in improving The Hartford’s Model Risk Management function, by monitoring external environment, implementing best practices, recommending process improvements, and evolving standards/guidelines
Requirements
Advanced degree in Statistics, Applied Mathematics, Actuarial Science, Computational Science, Quantitative Economics, Engineering, or similar applied analytical field
5+ years of P&C, Group, Life or related insurance product experience
ACAS/ASA or FCAS/FSA designation and/or CFA preferred
Familiarity with different programming languages/technology platforms including Python, R, SAS/SQL, Excel/VBA
Practical experience with predictive modeling/data science techniques
Demonstrated experience and consistency in meeting deadlines while adapting to shifting priorities
Strong analytical, critical and investigative thinking skills
Solid verbal communication, listening, influencing, and written communication skills
Ability to act independently with little direction, proactive self-directed accountability
Solution oriented creativity and innovative thinking.