Senior Manager, Actuarial & Analytics, BI Actuarial Product - Auto

Travelers • Hartford, AR

17h • $120,400 - $198,700

About The Position

Business Insurance is seeking a motivated, technically-minded individual to join our Actuarial Product Auto team. The Actuarial Product Auto team aims to drive profitable growth via our pricing analysis, views of cost, rate implementation, and profitability monitoring. This individual will be joining the team at a critical time as we launch TCAP (Travelers Commercial Auto Product), our new commercial auto product. They will help lead the technical development of a new framework to support our view of cost analysis, including base rate setting & rate disruption. This position will also have opportunities to support strategic data modernization, disruption analysis, and rating factor curves. They will work with a variety of other functions across the enterprise (actuaries, product management, data engineers, & others).

Requirements

• Bachelor's Degree or equivalent experience.
• 3 years of experience in quantitative analysis.

Nice To Haves

• College degree in STEM related field.
• Associate Actuarial Credential.
• Strong PC skills (MS Office) and programming skills (eg. SQL, SAS).
• 5+ years of quantitative analysis experience.
• Strong understanding of insurance products and industry.
• Demonstrated ability in actuarial and quantitative analysis and statistical concepts.
• Management experience.
• Familiarity with modeling concepts & hands-on rate plan implementation experience is beneficial.
• Critical thinking
• An ability to challenge existing processes
• Communication with business partners
• Actuarial credentials and/or exam progress is optional.

Responsibilities

• Hold a lead role in strategic planning as well as manage the successful execution and completion of assigned strategic initiatives and projects.
• Develop solutions to resolve challenges of an initiative.
• Propose change and innovation in order to improve project team performance and timelines.
• Independently perform actuarial and analytic analyses to solve business problems and apply judgment appropriately.
• Drive day to day execution within unit.
• Support broad department initiatives.
• Begin to promote efficiency across primary working group, balancing additional effort against incremental lift gained from work.
• Begin to make decisions independently in accordance with department practices.
• Begin to provide direction and review others' analytical work.
• Begin to translate business requests into analytical solutions.
• Provide support as necessary for initiatives across the Enterprise within the scope of influence.
• Communicates analysis, project results, and other business initiatives on a regular basis to staff, peers, and business partners.
• Communicates technical topics to non-technical audience with guidance from manager.
• Actively participates and may lead group discussions.
• Creates formal written communication such as memos or presentations with guidance.
• Networks and collaborates on ideas and challenges.
• Staff responsibilities may include direct management of 1 to 2 individual contributors or interns.
• Acquisition, retention, and development of talent for assigned unit.
• Execute and communicate talent development processes, including performance and personal development goals.
• Talent assessment recommendations.
• Performance management.
• Mentor less experienced talent across the Enterprise.
• Onboard new employees and interns in unit.
• Support various training and skill development initiatives across assigned Segment and the Enterprise.
• May provide support for recruiting efforts and candidate talent assessment efforts.
• 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. 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: Senior
• Number of Employees: 5,001-10,000 employees