Director, Product Management

Travelers • Hartford, CT

4d • $120,400 - $198,700

About The Position

Within Travelers’ Product team, the Director, Product Management manages growth and profitability for multiple states, products, or lines of business. The role leads analysis and interpretation of rates, data, and trends to develop recommendations that support business objectives, while collaborating with and influencing stakeholders and senior leaders to align on strategy and execution. The Director also leads cross-functional teams on growth strategies, products, and objectives.

Requirements

• Bachelor’s degree or equivalent combination of education and experience.
• Four years of experience in data analytics or similar work experience.
• Ability to manage growth and profitability across multiple states, products, or lines of business.
• Strong communication and influencing skills to work with all levels of the organization.
• Ability to analyze data, interpret trends, and report insights and recommendations to business partners.
• Leadership skills, including managing change, developing employees, and aligning resources to accomplish objectives.

Nice To Haves

• Bachelor’s degree in Business Management or Administration, Mathematics, Finance, Actuarial Science, Economics, or another analytics-related field.
• Six years of experience in a mathematical, analytical, or data-related role, preferably in financial services.
• Deep understanding of Travelers’ business strategy and plan objectives, with the ability to align work with enterprise goals.
• Deep knowledge of pricing and actuarial techniques, including concepts such as loss development and trending.
• Understanding of insurance product and process workflows and terminology and their impact on profit and loss.

Responsibilities

• Direct and initiate complex analysis of business results, including product refreshes and performance expectations; identify root causes and assess impacts on the broader organization.
• Manage, coach, and guide a team and/or project initiatives.
• Develop and influence recommendations to drive growth and profitability based on short- and long-term strategy, local regulatory nuances, and broader marketplace dynamics.
• Implement strategic vision and adjust short- and long-term strategies to adopt recommendations.
• Present, inform, and influence recommendations to senior leadership, including proposed product or pricing changes and new product builds, to gain consensus for implementation.
• Serve as a senior resource in key strategic initiatives and projects, using cross-functional leadership and communication with stakeholders.
• Perform other duties as assigned.

Benefits

• Health insurance coverage for employees and eligible family members beginning on the first day of employment.
• Dollar-for-dollar 401(k) matching up to the first 5% of eligible pay, subject to an annual maximum.
• Paying it Forward Savings Program contributions to an employee’s 401(k) when the employee makes student loan payments.
• A pension plan funded 100% by Travelers.
• At least 20 days of paid time off annually.
• Nine paid company holidays.
• Wellness program with tools, discounts, resources, and caregiving support.
• Mental health program with free professional counseling, health coaching, and other resources.
• Matching Gift and Volunteer Rewards program.

What This Job Offers

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