Director - Portfolio Risk Management & Analytics

TravelersHartford, CT
$120,400 - $198,700Onsite

About The Position

Within the Product & Underwriting team at Travelers, you will have the opportunity to regularly engage in unique and intellectually stimulating business problems. As a Director, Product Management, you will lead a team of analysts in delivering actionable insights that support Small Commercial portfolio management strategy across lines of business. You will serve as business lead for Third Party Data and Premium Audit Strategy, representing the interests of Small Commercial Product & Underwriting in Business Insurance or enterprise level workstreams and translating strategic direction into analytical priorities for your team. By collaborating with and influencing key stakeholders and senior leaders across the organization you will also ensure alignment on strategic direction and enable successful execution.

Requirements

  • Bachelor’s degree in Business Management/Administration, Mathematics, Finance, Actuarial Science, Economics, or other analytics related field.
  • Six years’ experience working in a mathematical, analytical, or data related role preferably in the financial services industry.
  • Has deep understanding of Travelers' business strategy and plan objectives to align with enterprise goals.
  • Excellent communication skills with the ability to interact and influence with all levels of the organization.
  • Exceptional data analysis skills with the ability to interpret trends and report insights and recommendations to business partners.
  • Proven leadership skills with the ability to manage change, develop employees, and align resources to accomplish key objectives.
  • Deep knowledge of pricing and actuarial techniques and understanding of actuarial concepts such as loss development and trending.
  • Understand the workflow and terminology of insurance products and processes and their impact on profit and loss.
  • Bachelor's Degree or equivalent combination of education and experience.
  • Four years of experience in data analytics or similar work experience.

Responsibilities

  • Direct and initiate the process of complex data analysis of business results including product refreshes, performance expectations and identify root causes and how results impact the broader organization.
  • Manage, coach, and guide a team and/or project initiatives.
  • Develop and influence recommendations to drive desired growth & profitability impacts based on holistic view of short- and long-term strategy with consideration for local regulatory nuances and broader marketplace dynamics.
  • Implement strategic vision and navigate and adjust short- and long-term strategies to adopt recommendations.
  • Independently present, inform and influence recommendations to senior leadership including proposed product/pricing changes or new product builds to gain consensus on implementing recommendations.
  • Act as a senior resource in key strategic initiatives and projects in support of the broader organization, leveraging cross-functional leadership and strong communication with stakeholders.
  • Perform other duties as assigned.

Benefits

  • Health Insurance
  • 401(k) matching
  • Pension Plan
  • Paid Time Off
  • Paid company Holidays
  • Wellness Program
  • Matching Gift and Volunteer Rewards program
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