Senior Analyst - Product Management

Travelers • Hartford, AR

95d • $79,400 - $130,900

About The Position

Within the Product team at Travelers, you will have the opportunity to regularly engage in unique and intellectually stimulating business problems. As a Sr Analyst, Product Management, you will manage the growth and profitability for a state(s), product, or line of business. You will analyze complex business problems and propose fact-based solutions with consideration of internal and external trends to achieve business objectives. By collaborating with partners across the organization you will ensure strategic direction and alignment for successful execution.

Requirements

• Bachelor’s degree in Business Management/Administration, Mathematics, Finance, Actuarial Science, Economics, or other analytics related field.
• Three years’ experience working in a mathematical, analytical, or data related role preferably in the financial services industry.
• Experience with competitive analysis tools.
• Strategic thinker with the ability to use sound judgment to resolve issues as they arise.
• Excellent communication skills with the ability to consult and present information effectively.
• Strong data analysis skills with the ability to interpret trends and provide insights and recommendations to business partners.
• Knowledge of pricing and actuarial techniques and understanding of actuarial concepts such as loss development and trending.
• Understand ratemaking and its application, such as profitability, risk loads, etc.
• Understand the workflow and terminology of insurance products and processes and their impact on profit and loss.

Nice To Haves

• Two years of experience in data analytics or similar work experience.

Responsibilities

• Independently conduct and understand data analysis of business results including product refreshes, performance expectations and identifying root cause.
• Formulate and execute potential recommendations to drive desired growth & profitability impacts based on established strategy with consideration for local regulatory nuances, and broader marketplace dynamics.
• Present, inform and influence recommendations to business partners including proposed product/pricing changes or new product builds.
• May function as a subject matter expert in strategic initiatives to support the goals and objectives of the broader organization.
• May coach and mentor on specific projects.
• Perform other duties as assigned.

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.
• 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.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees