Credit Analyst Consultant

Cons Fin Analysis - FF07BE We're 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 - and to help others accomplish theirs, too. Join our team as we help shape the future. A new role can expand your knowledge and your network, and help you learn more about our business. If you think this opportunity is a fit for your career you should apply. If you are not sure you can have a conversation with your manager. In this role you will primarily be responsible for calculating and explaining the annual collateral requirements for renewal and inactive accounts, reviewing all collateral instruments for acceptability (i.e., letters of credit, trusts, surety bonds), pursuing collateral deficits, managing the overall collateral process for assigned territories, and involved in high deductible bankruptcies. You will also be responsible for credit evaluations based on the needs of the unit. This role can be hired at a range depending on background and experience. The work schedule for this opportunity will be hybrid with some time split between working from home and being in the office.

Responsibilities:

Interact daily with National Accounts Underwriters and Practice Leaders, along with bankers, insurance brokers, and customers (i.e., CFOs, Treasurers, and Risk Managers). Develop a strong understanding of workflows and concepts relative to National Accounts insurance products and programs, and insurance claims and loss classifications. Develop a strong understanding of the various types of collateral accepted for Hartford's high deductible insurance programs. Review and manage collateral instruments and overall collateral process and interact with ERM/Archer letter of credit approval process. Analyze financial statements of renewal and prospective customers (individual companies) submitted for quote to assess the credit worthiness of each account regarding National Accounts large deductible loss sensitive insurance programs or MLC programs. Maintain proper workflows, identify data deficiencies, explain and support the credit/collateral/program requirements, track data for periodic reporting, and participate in the unit's objectives and initiatives to improve efficiency and overall process improvements.

Qualifications:

B.S. degree in Finance or Accounting highly preferred, or a business degree will be considered. At least five years of experience in a financial analytical role. Background in credit analysis preferred, but not required. Knowledge of high deductible insurance programs highly preferred. High degree of initiative, resourcefulness, and independent analytical abilities are required. Ability to work within a high-pressure multi-task environment is required due to the insurance quote cycles and deadlines. Strong knowledge of general accounting principles, along with financial statement analysis skills. Have strong IT skills regarding Excel, data programs, and implementing automation. Strong communication skills, both written and verbal, and be able to effectively interact with internal and external business partners. Ability to have flexibility with work hours and maintain an in-office hybrid schedule to fully service our customers. 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 About Us | Our Culture | What It's Like to Work Here | Perks & Benefits