Risk Management, Modeling Analytics Lead

Travelers • New York City, NY

4d

About The Position

The Travelers Catastrophe Risk Management Group is seeking a Cyber Peril Lead to join our PERILS team leading our research related to man-made perils with a focus on Cyber risk. You will be joining a group of dedicated professionals charged with leading Travelers to be in position to successfully endure catastrophic loss from natural and man-made perils. The PERILS team is a multi-discipline group focusing on peril research, the development of next generation analytics, and event response activities. As a member of this Team, you will be an active participant in the development and implementation of peril research and strategies. The team engages in enterprise-wide complex multi-disciplinary CAT research projects with various depths of focus. The position requires an individual who can strive in an analytical, innovation-driven environment, in tune with business needs.

Requirements

• Master's degree in Statistics, Mathematics, Decision Sciences, Actuarial Science or related analytical STEM field plus six years of experience or any suitable and equivalent combination of education and work experience.
• Heavy concentration in mathematics, including statistics and programming, business intelligence/analytics, as well as data science tools and research using large data sets.
• Additional verification of specific coursework will be required.
• effective self-organizational and time-management skills with the ability to work independently and formulate and execute project objectives.
• problem solving and critical thinking skills in support of the team’s efforts to provide best-in-class analyses to our business partners.
• Works well both independently & within a team, strong organization, and time management
• Demonstrated ability to convey technical concepts across professional fields of discipline

Nice To Haves

• Exposure to cyber catastrophe modeling and/or cyber hygiene technographic scanning tools is a plus
• Proficiency with Microsoft Suite, SQL, statistical packages, or other programs used to retrieve and analyze data
• Knowledge of insurance concepts, coverage, products, and operations preferred
• Ability to apply emerging statistical procedures to large highly complex work
• Working knowledge of a programming language such as Python/R/Matlab preferred

Responsibilities

• Provide thought leadership and strategy support related to portfolio cyber risk
• Validate cyber aggregation risk models and technographic scores
• Assist the Cyber Underwriting team with subject matter technical expertise and guidance
• Identify, select, and extract relevant data from various internal and external sources.
• Complete analyses and present recommendations to team members, stakeholders, and Leadership
• Stay abreast of the latest scientific research and summarize findings for the peril, including recent trends in threat actors, techniques and vectors of attack
• Drive innovation through new tools/technologies and capabilities (e.g., develop custom tail scenarios)
• Monitor the Company’s exposures, aggregations, and peril-specific book mix changes
• Support our Business Units Consulting and Actuarial functions with ad-hoc research and peril strategy development
• Create and maintain collaborative relationships with business partners

Benefits

• Health Insurance : Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
• Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees