Sr. Analyst, Product Management

Travelers•Hartford, CT

About The Position

Within Travelers’ Product team, the Sr. Analyst, Product Management manages growth and profitability for one or more states, products, or lines of business. The role analyzes complex business problems and develops fact-based solutions informed by internal and external trends to achieve business objectives. It collaborates with partners across the organization to maintain strategic direction and alignment and support successful execution.

Requirements

  • Bachelor’s degree or an equivalent combination of education and experience.
  • At least two years of experience in data analytics or similar work.
  • Ability to independently conduct data analysis and interpret business results.

Nice To Haves

  • Bachelor’s degree in Business Management or 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.
  • Strategic thinking and sound judgment in resolving issues.
  • Excellent communication skills, including the ability to consult and present information effectively.
  • Strong data analysis skills and the ability to interpret trends and provide insights and recommendations to business partners.
  • Knowledge of pricing and actuarial techniques, including 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 and performance expectations, and identify root causes.
  • Develop and execute recommendations to drive desired growth and profitability impacts in line with established strategy, considering local regulatory nuances and broader marketplace dynamics.
  • Present recommendations to business partners and inform and influence decisions, including proposed product or pricing changes and new product builds.
  • Potentially serve as a subject matter expert on strategic initiatives supporting broader organizational goals and objectives.
  • Potentially coach and mentor others on specific projects.
  • Perform other duties as assigned.

Benefits

  • Health insurance coverage for eligible employees and family members from the first day of employment.
  • Dollar-for-dollar 401(k) contribution 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.
  • At least 20 days of paid time off annually.
  • Nine paid company holidays.
  • Wellness program tools, discounts, and resources.
  • Mental health program with access to free professional counseling, health coaching, and other resources.
  • Matching Gift and Volunteer Rewards program.
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