Consultant Financial Analysis

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Overview:

We are seeking a curious, analytical, and proactive financial professional to join our Booking & Financial Reporting team within Actuarial Reserving. In this role, you will provide financial guidance and analytical support, challenge assumptions, and help solve complex business problems.

As a Consultant, Financial Analysis, you will play a key role in the monthly reserve booking process for Property & Casualty (P&C) Loss IBNR and Loss Adjustment Expense (LAE) reserves. You will partner closely with Actuarial, Finance, and Enterprise Risk Management teams to ensure accurate financial reporting, support regulatory and management reporting requirements, and identify opportunities to improve processes through automation and innovation.

Key Responsibilities:

Financial Reporting & Reserve Booking

• Participate in the monthly close process for Loss IBNR and LAE reserve calculations and reporting.
• Prepare and process reserve-related entries within financial and reserving systems, including Enterprise General Ledger (EGL), Corporate Online Reserving System (CORES), FOCUS, and PeopleSoft.
• Execute SOX controls and ensure compliance with internal control requirements.
• Prepare financial exhibits and analyses to support management reporting.
• Support quarterly and annual reporting activities, including 10-Q, 10-K, and statutory financial reporting requirements.
• Maintain the accuracy, completeness, and integrity of financial information in accordance with accounting and regulatory standards.

Financial Analysis & Business Partnership

• Analyze financial results and provide insights to Actuarial, Finance, and Enterprise Risk Management (ERM) stakeholders.
• Help explain reserve and financial performance drivers to business partners and leadership.
• Translate complex financial information into clear, actionable insights that support decision-making.
• Identify trends, risks, and opportunities through data analysis and reporting.

Process Improvement & Innovation

• Leverage automation, AI-enabled tools, and technology solutions to enhance efficiency and reduce manual processes.
• Identify and implement process improvement opportunities.
• Share best practices and contribute to ongoing documentation and knowledge management efforts.

Collaboration & Leadership

• Partner closely with Actuarial Reserving, Pricing, Actuarial Information Services (AIS), and Finance teams.
• Support strategic initiatives, cross-functional projects, and business transformation efforts.
• Demonstrate strong ownership, accountability, and follow-through on commitments and deliverables.
• Contribute to a culture of continuous improvement, collaboration, and knowledge sharing.

Qualifications:

Required Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, Actuarial Science, or a related field.
• 5+ years of experience in accounting, finance, financial analysis, business partnering, or a related field.
• Strong analytical, problem-solving, and critical-thinking skills.
• Strong written and verbal communication skills, including the ability to communicate complex financial concepts to diverse audiences.
• Advanced proficiency in Microsoft Excel.
• Demonstrated curiosity, initiative, and commitment to continuous improvement.

Preferred Qualifications:

• Knowledge of GAAP accounting principles and financial reporting concepts.
• Experience supporting financial close, reserve reporting, or regulatory reporting processes.
• Familiarity with financial and reporting systems such as TM1, EGL, CORES, FOCUS, PeopleSoft, or similar platforms.
• Experience working with actuarial, finance, or insurance-related functions.

Work Arrangement:

This role can have a Hybrid work arrangement into our Hartford, CT office with the expectation of working in office three days a week (Tuesday through Thursday).  Candidates who do not live near the office may be considered for a remote work arrangement with occasional travel.

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:

$102,800 - $154,200

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

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