Hartford Life - PowerPoint PPT Presentation

Loading...

PPT – Hartford Life PowerPoint presentation | free to download - id: 242a3-ZDRkY



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

Hartford Life

Description:

1 in Variable Universal Life Insurance total premiums ... Create individual life insurance illustration tool to project future account ... – PowerPoint PPT presentation

Number of Views:52
Avg rating:3.0/5.0
Slides: 18
Provided by: itthartf
Learn more at: http://www.clubs.psu.edu
Category:

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Hartford Life


1
Hartford Life
  • Penn State
  • Sunday, October 12, 2008

2
The Hartford Financial Services Group, Inc
Company Overview
  • Founded in 1810
  • One of the largest investment and insurance
    companies based in the US, with offices in Japan,
    Brazil, Ireland, England, and the United States
  • A leading provider of
  • investment products (annuities, mutual funds,
    etc)
  • life insurance
  • group and employee benefits
  • automobile and homeowners' insurance
  • business insurance

3
The Hartford Financial Services Group, Inc
Company Overview (cont.)
  • Fortune 100 Company
  • One of Fortunes Most Admired Companies
  • 2007 Financial Data
  • Revenues 25.9 billion
  • Net Income 2.9 billion
  • Assets Under Management 360.4 billion
  • 1 in Variable Annuities AUM in Japan
  • 3 Seller of Variable Annuities in US
  • 1 in Variable Universal Life Insurance total
    premiums
  • 1 in Group Disability fully insured sales
  • 4 Life Insurance Group based on statutory assets

4
Our Family Tree
The Hartford
HIMCO
Hartford PC
Hartford Life
Provides investment management services to
institutions and individuals.
Sells Business Insurance, Personal Lines
Insurance, and Specialty Commercial Insurance.
Sells Investment Products, Individual Life
Insurance, and Group Insurance
5
Hartford Life
  • Over 10,000 employees
  • Individual Markets
  • Individual Life
  • Retail Business Group
  • Individual Annuities, Mutual Funds, 529 college
    savings plans, Canada and Hartford Lifes
    offshore operation
  • Employer Markets
  • Group Benefits
  • Short Long Term Disability insurance
  • Group life, accident, and retiree health
    insurance
  • Retirement Plans
  • Institutional Solutions Group
  • International Markets
  • Pensions, annuities, bonds, and life insurance
    for Europe, Japan, and Brazil

6
Hartford Life
  • Opportunity-Driven, Innovative, Energetic
  • Manage company as a series of micro-enterprises
  • Creates accountability and ownership
  • Set high standards Seek people who demonstrate
  • Initiative
  • Ownership
  • Independent thinking
  • Commitment

7
HEART Program
  • Hartford Executive Actuarial Rotational Training
    Program
  • Objective Prepare talented people for business
    leadership
  • Focus not only on technical competence, but on
    ability to partner in driving the business
  • Emphasis on responsibility and flexibility
  • Leadership development opportunities
  • Actuarial recruiting
  • Involvement in the intern program

8
HEART Program (cont.)
  • Self-directed rotation program
  • Flexibility on rotation duration and assignment
    lets students gear their careers
  • Variety of rotation possibilities
  • Product Management
  • Product Development
  • Financial Reporting
  • Investments
  • Nontraditional

9
HEART Program (cont.)
  • 85 Fulltime actuarial students
  • Study Time up to 130 hours per sitting
  • Books, study notes, exam fees
  • Exam preparation seminars
  • Development classes
  • Exam-based salary increases
  • Career development and promotion process is a
    merit based system

10
Employment Benefits
  • Medical Dental Insurance
  • Life Insurance, Long Short Term Disability
  • 401(k) plan company matches 50 up to 6 pretax
  • Employee stock purchase plan
  • Purchase at 15 discount from lower of
    quarter-end prices
  • Mutual funds waived sales charges
  • Employee referral bonus program
  • Volunteerism
  • Matching Gifts Program
  • Volunteer hours

11
Summer Internship Program
  • Job experience
  • Mentor Program
  • Weekly Speaker Series
  • Shadowing Program
  • Networking Lunches
  • Development Classes

Summer 08 Interns
12
Summer Internship Program (cont.)
  • Networking events
  • Executive Breakfast
  • Golf Scramble
  • Fully Subsidized Housing Provided for all Interns
  • Red Sox Game
  • Trips to local areas of interest

Summer 08 Interns
13
Internship Experiences
  • Group Benefits Division, Profit Risk Management
  • Analyze current interest rate risk hedging
    strategy
  • Recommend new investment strategy to match
    product cash flows and business renewal strategy
  • Investment Product Division, Domestic VA Hedging
  • Find best stock market indicators to match
    variable annuity liabilities under projected
    future market returns
  • Corporate Actuarial
  • Create individual life insurance illustration
    tool to project future account value, net death
    benefit
  • Illustration tool used live by call center to
    service policyholders

14
Headquarters in Simsbury, CT
  • Distances from Simsbury
  • Hartford 15 miles (25 minutes)
  • Boston 115 miles (2 hours)
  • New York City 130 miles (2.5 hours)
  • Cafeteria
  • Fitness Center
  • Medical Facility

15
2008 Actuarial Needs
  • Hartford Life
  • Full-Time 12 14
  • Internship 14 16

16
Topics for Discussion
  • What does an actuary do at your company?
  • What support does Hartford Life give actuarial
    students?
  • How difficult is it to take exams while working?
  • Do you have a Co-op program?
  • As a new student/intern, what type of work would
    I do?
  • What qualifications do you look for when hiring?
  • What advice would you give to aspiring actuaries?
  • Why did you choose Hartford Life?

17
Contact Information
  • Hartford Life
  • Susan Flannery-Gagne
  • Talent Acquisition Actuarial
  • 200 Hopmeadow Street
  • Simsbury, CT 06089
  • Telephone (860) 843-4421
  • Email susan.flannery-gagne_at_hartfordlife.com
  • Website www.thehartford.com\actuarial
  • Eric Wolfe
  • Senior Actuarial Analyst
  • Individual Life Division
  • Product Development
  • Telephone (860) 323-2761
  • Email eric.wolfe_at_hartfordlife.com
  • Jennifer Rhein
  • Senior Actuarial Analyst
  • Retail Products
  • Individual Annuity Product Development
  • Telephone (860) 323-2583
  • Email jennifer.rhein_at_hartfordlife.com
About PowerShow.com