Sr. Analyst, Product Management

Travelers • Hartford, CT

3d • $83,500 - $137,800

About The Position

Within Travelers’ Product team, the Sr. Analyst, Product Management manages growth and profitability for a state, product, or line of business. The role analyzes complex business problems and proposes fact-based solutions, considering internal and external trends to achieve business objectives. It collaborates with partners across the organization to ensure strategic direction and alignment for successful execution.

Requirements

• Bachelor’s degree or equivalent combination of education and experience.
• Two years of experience in data analytics or similar work experience.
• Strong data analysis skills, including the ability to interpret trends and provide insights and recommendations to business partners.
• Strategic thinking and sound judgment to resolve issues.
• Excellent communication skills and the ability to consult and present information effectively.

Nice To Haves

• Bachelor’s degree in Business Management/Administration, Mathematics, Finance, Actuarial Science, Economics, or another analytics-related field.
• Three years of experience in a mathematical, analytical, or data-related role, preferably in financial services.
• Experience with competitive analysis tools.
• Knowledge of pricing and actuarial techniques, including actuarial concepts such as loss development and trending.
• Understanding of ratemaking and its application, including profitability and risk loads.
• Understanding of insurance product and process workflows and terminology, and their impact on profit and loss.

Responsibilities

• Independently analyze and understand business results, including product refreshes, performance expectations, and root causes.
• Formulate and execute recommendations to drive desired growth and profitability impacts, following established strategy and considering local regulatory nuances and broader marketplace dynamics.
• Present, inform, and influence business partners on recommendations, including proposed product or pricing changes and new product builds.
• May serve as a subject matter expert in strategic initiatives supporting broader organizational goals and objectives.
• May coach and mentor on specific projects.
• Perform other duties as assigned.

Benefits

• Health insurance coverage for employees and eligible family members from 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) account when the employee makes student loan payments.
• Pension Plan funded 100% by Travelers.
• Minimum of 20 days of paid time off annually.
• Nine paid company holidays.
• Wellness program with tools, discounts, resources, and support for wellness goals and caregiving needs.
• Mental health program offering free professional counseling, health coaching, and other resources.
• Matching Gift and Volunteer Rewards program.

What This Job Offers

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