Senior Economist

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.   

Reporting to the Head of The Global Insights Center, the Senior Economist will be responsible for researching trends and data related to the US economy at a macro, state and local level. Some research on international markets may also be required. The candidate will also conduct research on sectors and industries of the economy developing views and outlooks on their trend, growth prospects, and labor demand. The candidate will then triangulate trends at the industry level by geography.

The candidate will also support the creation of bespoke economic indicators to support their findings and formulation of views. This will be done with the creation of various models and the usage of internal and external economic and noneconomic data. The candidate will at times meet with the firm’s clients to provide them with economic insights specific to the clients, while also briefing the firm’s own senior leadership on key economic trends. The output of the work will be utilized to inform clients. And the output will be used to support the firm’s underwriting decisions, strategy, and financial forecasting. 

Ideally, the candidate will have experience or knowledge with building and using complex econometric and related models. They will have strong knowledge of public economic data sources, and experience working with large sets of noneconomic data. The ideal candidate will have experience working with large data sets, have a strong knowledge of economics, and building bespoke economic indicators using a mix of data sources. 

The candidate will work alongside the broader Global Insights Center team providing support to colleagues, helping build presentations when required, and contribute to the team’s research publications. In addition, the candidate will at times represent the team at internal and external meetings.

Responsibilities:

• Conduct research on the US and at times international economy.
• Develop views and forecasts for state and local economic trends, as well as industry level views and forecasts.
• Build models to support the development of forecasts and outlooks.
• Develop bespoke economic indicators that articulate a view of the economy by geography and industry.
• Track consumer trends and spending patterns.
• Determine areas of growth and weakness in the US economy, with a particular focus on how it could affect various insurance lines.
• Develop broad macroeconomic trends and narratives with respect to expected developments in the US economy.
• Think creatively of additional means of tracking the US economy and formats of delivering content.

• Generate economic intelligence and content that can be utilized by the firm’s executive leadership.
• Work alongside underwriters by providing economic views and their implications for product lines to support risk decisions.
• Generate research publications that can be utilized by the firm’s leadership and underwriting units.
• Consult the firm’s actuarial and finance departments providing economic intelligence that can be used for their operations.
• Develop new forms of content that can be additive to the firm’s assessment of the US economy and overall macroeconomic conditions.

Candidate Profile:

• Ten plus years of relevant work experience as an economist at an insurance firm, investment bank, investment management firm, rating agency, or consulting firm.
• Candidates must be authorized to work in the US without company sponsorship
• Strong understanding of the US economy.
• Knowledge of building economic forecasting models.
• Prior experience and/or formal training in forecasting US economic data and building bespoke economic indicators.
• Effective communication and writing skills to further research publications.
• Experience briefing senior executives on complex topics.
• Strong process management discipline. Establishes priorities, anticipates problems, determines completion dates, knows and communicates the status of assignments; manages time effectively; uses the services of others effectively.
• Team player with a strong collaborative orientation; ability to build strong relationships across an organization.
• Entrepreneurial and creative focus to determine new work streams, initiatives, and deliverables that could be of value to internal parties and external clients.
• Ability to deal with ambiguity in a matrixed organization; ability to guide, influence and navigate effectively with different constituencies in achieving company goals.
• Excellent written and verbal communications skills.
• Degree in economics, finance, or related field preferred.

Location:

This role can have a Hybrid or Remote work arrangement.  Candidates who live near one of our listed office locations will have the expectation of working in an office three days a week (Tuesday through Thursday).   Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise. 

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:

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