Hartford Life Hartford Actuarial Advancement and Rotational Training HAART Program

1
Hartford LifeHartford Actuarial Advancement and
Rotational Training (HAART) Program

• Georgia State University
• 11/08/2004

2
Introductions

• Junyu Cathy Li
• Actuarial Analyst
• Phone [phone]
• Fax [phone]
• Cathy.li_at_hartfordlife.com

• Mailing Address
• Hartford Life
• P.O. Box 2999
• Hartford, CT 06104-2999
• (Attn. Jill Placko)
• E-Mail Address jill.placko_at_hartfordlife.com
• Phone Call
• Jill Placko [phone]

3
Hartford Life

• Highlights
• - 1 Seller of Variable Annuities for Last 11
  Years (VARDS, 2003)
• - 1 Seller of Variable Universal Life Insurance
  (Tillinghast, 2003)
• - 1 in Variable Annuity Assets and Sales in
  Japan (Hoken Mainichi Shimbun, 2003)
• - 2 in Group Disability Sales (LIMRA
  International, 2003)
• - 2 in Terminal Funding Sales - (LIMRA
  International, 2003)
• - 3 in Structured Settlement Sales (LIMRA
  International, 2003)

4
Hartford Life

• Highlights Continued
• - The Hartford Mutual Funds reached 20 Billion
  in assets faster than any other retail-oriented
  fund family in history (Strategic Insight, 2003)
• - In just its third full year of operation,
  Hartford Life Insurance K.K. of Japan had
  positive earnings as assets increased more than
  threefold in 2003. Currently 11 billion in
  assets under management (09/30/2004)
• - One of Fortunes Most Admired Companies
• - Hartford is among the top five U.S. insurers
  in most of its businesses and is the market
  leader in annuities (Morgan Stanley, August 2003)

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Positioned For The Future

• Demographic Trends (e.g., aging baby boomers)
  favor continued growth of our key business
  segments
• Were a market leader with
• a powerful brand name
• an excellent balance sheet
• strong financial results
• And we have a reputation of staying one step
  ahead of the competition with innovative products
  and services
• We boast one of the finest management teams in
  the financial services industry

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Products

• Investment Products
• Annuities
• Fixed, variable, structured settlement and
  reverse mortgage
• Distributed by registered representatives
  affiliated with independent broker-dealers, large
  brokerage houses and banks
• Mutual Funds
• Thirty-nine mutual funds
• Striving to be a top 5 player in the Mutual Fund
  Industry

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Products

• Investment Products, Continued
• Retirement Products
• Employer-based retirement plans, such as defined
  contribution (401(k)) plans for corporations and
  deferred compensation (457) plans for government
  entities
• Individual Life Insurance
• Single Life, Last Survivor Variable Universal
  Life, Universal Life and Term Life

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Products

• Individual Life Insurance, Continued
• Distributed through registered representatives
  affiliated with independent broker/dealers and
  wirehouses Woodbury Financial Services
  independent general agents and life insurance
  professionals
• Estate planning, wealth accumulation, wealth
  transfer, income/death benefit protection
  business insurance needs

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Products

• Group Benefits
• - Group long-term and short-term disability
  life accident senior medical and stop loss
  insurance
• - Distributed through brokers, consultants and
  third-party administrators

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Products

• Group Benefits, Continued
• Managed Disability Focus
• Rehabilitation Services
• Back to work programs
• Focus on Abilities
• Breakaway
• Team Hartford
• Wilderness Inquiry

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Products

• International Operations
• - Joint venture in Brazil Stand alone operations
  in Japan and UK (2005 launch)
• - Primarily asset accumulation products fixed
  and variable annuities. Also life insurance,
  pensions and disability insurance

12
Headquarters in Simsbury, CT

• Beautiful location at the base of Talcott
  Mountain
• Distances from Simsbury
• Hartford - 15 miles (25 minutes)
• Boston - 115 miles (2 hours)
• New York City - 130 miles (2.5 hours)
• Two four-story glass atriums provide spectacular
  views
• Free Parking, Full service cafeteria
• Employee Store, Fitness Center, and Medical
  Facility

13
Company Culture

• Opportunistic, innovative, energetic
• Manage company as a series of micro-enterprises -
  This creates accountability and ownership
• We set high standards seek people who
  demonstrate
• Initiative
• Ownership
• Independent thinking
• Commitment

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Our Vision

• To be the premier provider of retirement savings,
  wealth creation, and financial protection
  solutions
• Holds tremendous weight
• Guides our actions
• Vision Week and In Touch - Opportunities to
  nurture the spirit of Hartford Life

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Our Vision, Continued

• Winning Spirit
• Customer Focus
• Financial Discipline
• Integrity
• Teamwork

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Actuarial Program

• Objective is to 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

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Skills Needed

• Strong business skills
• Strong mathematical aptitude
• Strong technical skills
• Excellent communication and interpersonal skills
• Leadership potential
• Creativity, drive and commitment

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Actuarial Rotation Program

• Rotations through series of assignments
• Assignments managed through posting process -
  open to all program participants
• Assignments comprise not only traditional roles
  such as product pricing and financial reporting,
  but non-traditional roles as well
• Product development, marketing, budget management
  and investments

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Actuarial Student Program

• Study Time - 130 hours per sitting
• Books, study notes, exam fees
• Exam preparation classes
• Development classes
• Discussion forums
• Comprised of 40-45 students

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Summer Internship Program

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

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Summer Internship, Continued

• Networking events
• Executive Breakfast
• Golf Scramble
• Whirlyball
• Trips to local areas of interest
• Subsidized housing available nearby

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Hiring Needs

• 8-10 full-time positions
• 8-10 summer interns

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Topics of Interest

• 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 an intern/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?