HAI Group®[1], a property-casualty insurance company serving the affordable housing industry, is looking for an associate actuary who is ready to take the next step in their career. As associate actuaryat HAI Group, you’ll be rewarded with interesting challenges, competitive incentives/benefits, and a people-focused company culture. Are you ready to become an actuary on our talented and welcoming Finance team? Learn more about the position and company below and submit your resume today! 

Position Overview

• Collaborate and Execute: HAI Group is looking for an experienced actuary who want to help drive positive impact and innovation with our members, communities and within HAI Group. In this highly visible role, you will contribute to pricing, reserving, and data analytics as well as lead all actuarial support throughout the company.

Skills and Requirements

• Support reinsurance cycle including evaluating structure and pricing reinsurance treaties & certificates for various Property & Casualty lines of business.
• Play an integral role in the reserving cycle of the organization by working on quarterly closes and reserve analyses.
• Assist in the preparation and review of various state filings and other regulatory matters.
• Work with various functions within the organization to create and maintain data governance, discipline and analytics.
• Participate in on-going large loss discussions with claims department and monitor actual vs. target loss emergence. 
• Complete regular profitability studies.
• Identify drivers of loss and recommend corrective actions across the book of business. 
• Communicate results and findings to various key stakeholders of the organization including outside auditors, consultants and external actuaries.
• Leverage and develop the data warehouse technology to support analysis and review across multiple departments. 
• Manage the vendors within the actuarial space. Review vendors and advise on capabilities. 
• Complete frequent studies of loss trend, loss development factors, increased limits factors.
• Run models to successfully completes projects and assist with daily tasks and duties as required. 
• Conduct research and gather data to support decision-making processes. Development of models and reports to assess risk for ERM.
• Maintain accurate records and documentation.
• Support various other ad-hoc actuarial projects.

• Analytical Problem Solving
• Curiosity
• Listening
• Manages Workflow
• Organizational Agility

Knowledge/Experience/Licenses

Required: 

• 5 years of experience in a P&C actuarial role
• Actively pursuing the ACAS/FCAS designation and exam progress commensurate with work experience, ACAS or FCAS preferred. 
• Bachelor’s degree in computer science, actuarial science, mathematics, statistics or related field
• Pricing experience preferred (reinsurance or primary)
• Excellent analytical skills and knowledge of Power BI, VBA, SQL, or and other data statistical/analytical tools is strongly preferred.
• Advanced mathematics, i.e. Calculus, statistics, probability.
• Good business sense and knowledge of finance, accounting, economics.
• Excellent communication and presentation skills (oral and written).
• In depth knowledge of property/casualty insurance operations.
• Excellent problem-solving skills.
• Effective time management, with the ability to juggle multiple projects at the same time.
• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Preferred: 

• Master’s Degree in computer science, actuarial science, mathematics, statistics or related field

• In depth knowledge of the Public and Affordable Housing Market

Department Overview

The Finance Team aligns best practice financial concepts and intended outcomes to the benefit and regulation of the HAI Group enterprise, Board of Directors and Strategic Committee. The source of financial decisions, the Finance Team builds partnerships across the enterprise and are seen as value added business partners providing advice and counsel. It is a cohesive team that values honest and open communication. A shared services department, the team produces actions for the successful business outcomes with internal constituents and with banks, brokers and re-insurers using critical thinking and complex problem-solving techniques. Empowered to take time to make the right decision, the Finance Team is committed to open, honest communications to all business partners.

Company Overview

HAI Group is the nation’s leading property-casualty insurance company founded by and dedicated to affordable housing organizations. While we are recognized as a pioneer of affordable housing insurance programs, insurance is not our only strength. We protect, preserve, and promote the sustainability of affordable housing with an array of products and services that support the challenges housing organizations face. Besides insurance, we offer risk management services, online training, and consulting services used by more than 1,500 housing organizations nationwide. Headquartered in Cheshire, Connecticut, HAI Group® was recognized as a Top Workplace in 2020, 2021 and 2022. 

Cultural Objective

HAI Group contributes to a culture that creates a safe and healthy working environment and a space of inclusiveness and belonging for all by: exceeding our customers’ expectations, working collaboratively across the organization, embracing diversity, and demonstrating mutual respect and empathy.

HAI Group Benefits and Perks

• Bonus program eligibility
• Annual merit program
• Outstanding 401(k) program and non-elective contribution
• Flexible work schedules
• Generous paid time off, paid volunteer days and paid holidays
• Medical, vision and dental Insurance
• Company paid life, AD&D, short-term disability, and long-term disability coverage
• HSA, FSA and dependent care options
• On-Site wellness: Full gym and locker rooms, wellness initiatives, outdoor basketball and tennis court, picnic pavilion area
• Tuition reimbursement and loan repayment
• Professional development
• Community outreach

HAI Group is an Equal Opportunity Employer.

No agency submissions please. Resumes submitted to any HAI Group employee without a current, signed and valid contract in place with the HAI Group Recruiting team for this position will become the property of HAI Group and no agency fees will be paid.