Actuarial Leadership Development Program (ALDP) Participant

Travelers • Hartford, CT

14h • $73,900 - $122,000 • Onsite

About The Position

The Actuarial Leadership Development Program (ALDP) Participant role is designed for internal employees, 2026 Travelers Summer Interns, and Summer Students to apply for 2027 Full-time or Intern opportunities. This five-year rotational program aims to develop actuarial and self-leadership skills through hands-on experience, a robust actuarial training curriculum, exam study support, and a formal mentoring program. Participants will explore multiple business functions, learn from various leaders, and are expected to challenge the status quo, identify innovative solutions, take initiative, embrace change, and support diverse viewpoints. Graduates will be prepared for actuarial roles with increasing leadership opportunities. Applicants must be authorized to work in the U.S. and the company does not sponsor H-1B, TN, or Forms I-983/STEM OPT for this role.

Requirements

• Bachelor’s or master’s degree in Statistics, Mathematics, Economics, Finance, Actuarial Science, Computer Science or business-related.
• Legally authorized to work in the United States now and in the future.
• Cumulative GPA of 3.0 or greater.
• Completion of 1 or more Actuarial exams.
• Strong track record of taking ownership and responsibility for actions and outcomes, performance, and results.
• Demonstrated aptitude in identifying current or future problems or opportunities, analyzing data, synthesizing and comparing information to understand issues, identifying cause/effect relationships and exploring alternative solutions to support sound decision making.
• Ability to remain energized and focused in the face of ambiguity, change or strenuous demands.
• Proven customer service skills with the ability to provide service excellence to internal or external clients.
• Demonstrated track record of self and social awareness, empathy and balances confidence with humility.
• Excellent communication skills with the ability to actively engage with others while maintaining a positive attitude.
• Capability of exercising sound judgment, making decisions and committing to a position.
• Demonstrates an aptitude for learning and applying new capabilities in actuarial and analytics.
• Proven capacity to work with and include people from different backgrounds, experiences, cultures, races, etc. and view those differences as assets to be leveraged to accomplish business goals and objectives.
• Strong relationship management skills including the ability to seek out, build, foster and maintain productive relationships, networks or alliances to meet goals and achieve results.
• Ability to work together in situations when actions are interdependent, and a team is mutually responsible to produce a result.
• Self-starter and motivated to explore new technologies, applications and environments beyond required job and/or educational commitments.
• Possession of a strong drive to do what it takes to get the job done; inquisitive and demonstrates a strong willingness to learn.

Responsibilities

• Model the way for others and set a personal example of what is expected.
• Positively challenge processes and identify new and innovative ways to get work done more effectively and efficiently.
• Take initiative, embrace change, actively listen to and support diverse points of view, and celebrate the success of others.
• Provide actuarial and business development support as key partners in determining risks and rewards for the company.
• Participate in challenging rotational assignments in varied core actuarial and analytic functions across the Travelers organization, which may include Pricing and Ratemaking, Reserving, Claim Risk Analysis, Product Management, Corporate/Enterprise Data Science.
• Recommend and execute solutions for assigned project sub-components to resolve challenges of an initiative.
• Execute work thoughtfully and efficiently as a team member to improve project team performance and timelines.
• Participate on strategic projects with execution responsibility for assigned project sub-components.
• Participate on cross-unit initiatives.
• Refresh basic actuarial and analytic analyses with supervision.
• Support unit initiatives.
• Provide support as necessary for initiatives across the Enterprise within the scope of influence.
• Identify and create process efficiencies within assignments.
• Communicate progress, findings, and results to manager and key partners.
• Communicate technical topics and findings to primary working group.
• Understand actuarial, analytical, and financial discussions and participate in the conversation during meetings.
• Provide formal written communication such as memos or presentations with supervision and support.
• Support various training and skill development initiatives across rotational assignments.
• Potentially serve as a mentor, manager, or resource for less experienced analytic talent within a rotational assignment.
• Perform other duties as assigned.

Benefits

• Health Insurance for employees and eligible family members from the first day of employment.
• 401(k) matching contributions dollar-for-dollar up to the first 5% of eligible pay, subject to an annual maximum.
• Paying it Forward Savings Program: Travelers makes an annual contribution to your 401(k) account when you make a payment toward your student loan.
• Pension Plan that is 100% funded by Travelers.
• A minimum of 20 days Paid Time Off annually.
• Nine paid company Holidays.
• Wellness program with tools, discounts, and resources.
• Mental health program providing access to free professional counseling services, health coaching, and other resources.
• Matching Gift and Volunteer Rewards program to support charitable giving and volunteering.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level