finance.baylor.edu

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  • Consider asking students to describe the following areas of The Hartford. Handout chocolate coins for correct answers. Investment Products – employer based retirement plans, mutual funds and college savings plans Individual Life Insurance – variable, universal, whole, term and estate planning Group Benefits – group short-term and long-term disability, accidental death and dismemberment, group life Automobile and homeowners insurance Business property and casualty insurance – a variety of coverages from home or auto protection to business insurance for the local retailer to Fortune 50 companies Types of coverages include: Select Customer - insurance for small businesses Middle Market – insurance for mid-sized businesses. This business segment also provides specialized coverages and services through Specialty Risk Services, Marine, Risk Management, Individual Risk Casualty, Specialty Programs and Agency Captives Personal Lines - homeowners and personal auto insurance to individuals and through partnerships such as AARP First State and Ag . - property coverage needs for large businesses, including excess and surplus lines, as well as specialized agricultural insurance needs through our International Agribusiness Group Hartford Financial Products - coverage for liability, errors and omission, and collateral asset protection
  • Tom Marra is the President and CEO of Hartford Life. David Zweiner is the President and CEO of Property and Casualty Operations. Both Tom and Dave report to Ramani Ayer who is the Chairman and CEO of The Hartford.
  • The Hartford is comprised of 3 business lines: Hartford Life, Hartford P&C, Hartford Investment Management. In addition, functional areas such as HR, Finance and Accounting, Law, and IT span across all three businesses. Hartford Life Group Benefits Investment Products Individual Life International (Japan, Brazil) Products and Services: Pensions Life Insurance Variable Annuities Disability Insurance Hartford P&C Commercial (business insurance) Personal Hartford Investment Management Wholly owned subsidiary of The Hartford Financial Services Group Registered investment advisor that provides investment services to investment companies, employee benefit plans, insurance companies, etc.
  • Please note that individuals using this presentation in the field may want to remove this slide because it describes Home Office and Simsbury. If you prefer to include the slide, feel free to modify as appropriate to reflect offerings specific to your location.
  • Ask students to provide an example that would demonstrate “The Hartford Experience”.
  • ISP/401(k) - savings plan that includes company contributions and is designed to assist employees in saving for their futures. Paid Holidays – generally 8 paid holidays a year. Cash Balance Pension Plan – portable pension program designed to meet the retirement needs of today's changing workforce. Employees are fully vested after 5 years of service. PTO – paid time off which encompasses vacation, personal, and sick time in one bank. Training and Development – various programs to provide employees at all levels with a wide range of learning opportunities to acquire knowledge and sharpen skills. Tuition Reimbursement – educational assistance is available if job related and department approved; t he amount of assistance varies depending upon your employment status. Flexible Work Arrangements - may be available depending upon job and if business need allows. The Hartford encourages a work/life balance. ESPP – allows employees to purchase company common stock at a 15% discount off market price. Employees do not pay broker commissions or transaction fees - the company does.
  • These include the types of competencies The Hartford seeks in its employees.
  • Complex Claim Group (CCG) Account Representative: In this position, individuals will be assigned to handle asbestos an toxic tort related claims. Responsibilities will include investigating claims, assessing liability and injuries and evaluating the value of the claims. This individual will present claims and the exposures to senior claim professionals and claim managers. They will also work with attorneys to manage claims that are in litigation and negotiate settlements where appropriate. New hires will participate in six-weeks of traditional classroom training as well as on-the-job training under the supervision of a team leader. Claim Opportunities: Workers Compensation Benefit Administrators are responsible for planning, recommending, reserving and executing the investigation, valuation, disposition and settlement of claims. Personal Lines Claims Processors are responsible for providing service to policyholders in response to notice of auto physical damage loss. Service includes prompt contact, investigation of coverage and liability issues, determination of damages, disposition of claim, and issuing appropriate payment. Cluster UW/Trainee Opportunities: Underwriter Development Program - Middle Market and Small Commercial Middle Market (mid-size commercial accounts) and Small Commercial (small commercial accounts), offer comprehensive underwriter development programs for entry-level employees. Each program is a structured, extended duration, training program that includes instructor led classroom training, e-learning courses, on the job training and experiential learning where you are exposed to various units of the Property and Casualty operation of The Hartford. During the first year, employees are located in one of our three sales and service centers which are located in: Charlotte, North Carolina San Antonio, Texas New Hartford, New York After successfully completing their first year, employees may continue to reside in the sales and service centers or relocate to one of the regional or branch offices located across the country as their careers continue to progress.
  • Service Opportunities: Inside Sales Agents are responsible for taking inbound phone calls from AARP members requesting insurance to meet their homeowner and automobile insurance needs. They provide quotations and counseling on insurance coverages, while applying and adhering to appropriate underwriting guidelines to determine customer eligibility utilizing a professional sales model. Customer Care Representatives respond to inbound calls and make outbound calls as appropriate. They are expected to provide excellent customer service to all internal and external Hartford customers by answering questions, providing consultation as appropriate on policy inquiries, and resolving customer issues. Service Specialists in Investment Product Services are responsible for providing high quality customer service to clients and brokers regarding Hartford Annuity contracts, processing telephone transactions, and providing information on annuity contracts and services. Underwriter Development Program – Hartford Financial Products: The Hartford Financial Products division of The Hartford specializes in Directors & Officers and Errors & Omissions coverages. This is a comprehensive underwriter development program that includes instructor-led classroom training, e-learning courses, on-the-job training and experiential learning with exposure to various units of Hartford Financial Products. Loss Control: Loss Control Consultants are responsible for: Developing innovative safety and health solutions for our customers; and Using established and cutting-edge principles of loss control and safety management to help business owners improve their safety programs, reduce losses at their facilities, and solve real-life business problems.
  • finance.baylor.edu

    1. 1. 2005 Information Session The Hartford Financial Services Group
    2. 2. Who We Are The Hartford Financial Services Group, Inc. (The Hartford - NYSE: HIG) is one of the nation's largest financial services and insurance companies, with 2003 revenues of $18.7 billion. The Hartford is a leading provider of: <ul><ul><li>Investment Products </li></ul></ul><ul><ul><li>Individual Life Insurance </li></ul></ul><ul><ul><li>Group Benefits </li></ul></ul><ul><ul><li>Automobile & Homeowners Insurance </li></ul></ul><ul><ul><li>Business Property & Casualty Insurance </li></ul></ul>Founded in 1810, The Hartford currently has 30,000 employees within the U.S. and internationally (CT: 11,500)
    3. 3. What We Do We provide our customers and partners confidence in a better future by providing superior insurance and investment products and services.
    4. 4. Management Team Ramani Ayer Chairman and Chief Executive Officer Thomas M. Marra President and Chief Operating Officer of Hartford Life David K. Zwiener President and Chief Operating Officer, Property and Casualty Operations Neal S. Wolin Executive Vice President and General Counsel David M. Johnson Executive Vice President and Chief Financial Officer Ann M. de Raismes Executive Vice President, Human Resources David M. Znamierowski President, Hartford Investment Management Company and Chief Investment Officer, The Hartford Financial Services Group, Inc.
    5. 5. The Hartford Financial Services Group The Hartford Financial Services Group Hartford Life Hartford Property & Casualty Hartford Investment Management Functional areas – Accounting and Finance, HR, IT, Law, etc.
    6. 6. Hartford Property and Casualty <ul><li>The Hartford Stag represents a long standing reputation of financial stability and high level of service since 1810 </li></ul><ul><li>Premier North American P&C carrier </li></ul><ul><ul><li>Top 10 US commercial insurance carrier </li></ul></ul><ul><ul><li>Top 10 overall property & casualty insurer </li></ul></ul><ul><ul><li># 4 workers’ compensation insurer </li></ul></ul>
    7. 7. Hartford Life <ul><li>Track record of profitable growth </li></ul><ul><ul><li># 1 seller of retail variable annuities in the U.S. and Japan </li></ul></ul><ul><ul><li># 1 in variable universal life insurance sales </li></ul></ul><ul><ul><li># 2 in group disability sales </li></ul></ul><ul><ul><li># 6 in group life sales </li></ul></ul><ul><ul><li># 6 life insurance group, based on statutory assets </li></ul></ul><ul><ul><li>DALBAR award winner for customer service </li></ul></ul>
    8. 8. Products and Services <ul><li>For Individuals and Families </li></ul><ul><li>Annuities </li></ul><ul><li>Mutual Funds </li></ul><ul><li>Automobile Insurance </li></ul><ul><li>Homeowners Insurance </li></ul><ul><li>Life Insurance </li></ul><ul><li>College Savings </li></ul><ul><li>Flood Insurance </li></ul><ul><li>AARP Endorsed Products </li></ul><ul><li>For Businesses </li></ul><ul><li>Property & Casualty Insurance </li></ul><ul><li>Group Benefits </li></ul><ul><li>Retirement Programs </li></ul><ul><li>Mutual Funds </li></ul><ul><li>Investment Management </li></ul><ul><li>Reinsurance </li></ul><ul><li>International </li></ul>
    9. 9. Our Workplace <ul><li>Business Casual Dress </li></ul><ul><li>On-site Dining Options </li></ul><ul><li>Corporate Education </li></ul><ul><li>College Recruiting </li></ul><ul><li>Mentor Program </li></ul><ul><li>Free Parking </li></ul><ul><li>Employee Referral Bonus </li></ul><ul><li>ATM Machines </li></ul><ul><li>Employee Recognition </li></ul><ul><li>Full Time Training Staff </li></ul>
    10. 10. The Hartford Experience <ul><li>The Hartford Experience is a customer experience that prompts them to choose our brand rather than those of our competitors. </li></ul><ul><li>The three dimensions that make up the Hartford Experience: </li></ul><ul><ul><ul><ul><ul><li>Ease of Doing Business </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Customer Solutions </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Extraordinary Service </li></ul></ul></ul></ul></ul>
    11. 11. <ul><ul><li>Listed as one of Fortune’s “Most Admired Companies” </li></ul></ul><ul><ul><li>One of the “10 Best Companies for Women” ( Health Magazine) </li></ul></ul><ul><ul><li>One of the Top 16 Companies for Workers 50 and Older (AARP ) </li></ul></ul><ul><ul><li>One of country’s 100 Best Corporate Citizens ( Business Ethics Magazine) </li></ul></ul><ul><ul><li>Recognized as “Outstanding Corporate Citizen” (CT Community Care) </li></ul></ul><ul><ul><li>Named “Insurance Company of the Year” for championing the abilities and </li></ul></ul><ul><ul><li>employment of people with disabilities (The International Association of </li></ul></ul><ul><ul><li>Rehabilitation Professionals) </li></ul></ul>The Hartford is Recognized
    12. 12. Employee Benefits <ul><li>Medical Benefits </li></ul><ul><li>Dental Benefits </li></ul><ul><li>ISP/401(k) Plan </li></ul><ul><li>Paid Holidays </li></ul><ul><li>Cash Balance Pension Plan </li></ul><ul><li>Paid Time Off / PTO Buy </li></ul><ul><li>Training and Development </li></ul><ul><li>Tuition Reimbursement </li></ul><ul><li>Flexible Work Arrangements </li></ul><ul><li>Employee Stock Purchase Plan </li></ul>
    13. 13. Competencies of Hartford Employees <ul><li>Customer Focused </li></ul><ul><li>Innovative </li></ul><ul><li>Results-driven </li></ul><ul><li>Motivated </li></ul><ul><li>Professional Integrity </li></ul><ul><li>Team Player </li></ul><ul><li>Ownership & Accountability </li></ul><ul><li>Critical Thinker </li></ul><ul><li>Dedicated to Excellence </li></ul><ul><li>Takes the Initiative </li></ul>
    14. 14. Entry-level Programs/Opportunities <ul><li>Complex Claim Group Account Representative </li></ul><ul><ul><li>Target Majors: Criminal justice, Insurance, Business Administration or Liberal Arts </li></ul></ul><ul><ul><li>Location: Hartford, CT </li></ul></ul><ul><li>Claims - Claims Trainee </li></ul><ul><ul><li>Target Majors: Criminal Justice, Business Administration or </li></ul></ul><ul><ul><ul><ul><ul><li>Liberal Arts </li></ul></ul></ul></ul></ul><ul><ul><li>Locations: Opportunities across the US </li></ul></ul><ul><li>Cluster - Underwriting Trainee Program </li></ul><ul><ul><li>Target Majors: Insurance, Risk Management, Business Administration, Finance or Economics, Marketing, or Liberal Arts </li></ul></ul><ul><ul><li>Locations: Opportunities across the US </li></ul></ul>
    15. 15. Entry-level Programs/Opportunities <ul><li>Sales - Group Benefits Sales Representative </li></ul><ul><ul><li>Target Majors: Risk Management, Insurance, Sales, Marketing, Business Administration </li></ul></ul><ul><ul><li>Locations: Opportunities across the US </li></ul></ul><ul><li>Hartford Financial Products - Underwriting Trainee Program </li></ul><ul><ul><li>Target Majors: Insurance, Risk Management, Business Administration, Finance or Economics, Marketing, or Liberal Arts </li></ul></ul><ul><ul><li>Locations: New York, NY and various locations across the US </li></ul></ul><ul><li>Loss Control - Loss Control Consultant </li></ul><ul><ul><li>Target Majors: Safety Management, Risk Management, Insurance, Business Administration, Industrial or Environmental Engineering, Biology or Science </li></ul></ul><ul><ul><li>Locations: Opportunities across the US </li></ul></ul>
    16. 16. How to Pursue Job Opportunities <ul><li>For full-time opportunities, visit The Hartford’s Website at www.thehartford.com , click on Career Opportunities and register with The Hartford’s job matching system. Once you complete a confidential personal profile you can: </li></ul><ul><ul><li>Receive e-mail notifications of job openings that match your profile </li></ul></ul><ul><ul><li>Search current openings </li></ul></ul><ul><ul><li>Apply on-line for job openings </li></ul></ul>
    17. 17. Questions & Answers

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