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Travelers 2VP, Sr Actuarial & Analytics in Hartford, Connecticut



2VP, Sr Actuarial & Analytics

Target Openings:


Primary Job Duties & Responsibilities:

Strategy: Develop strategy for assigned unit with proactive recommendations to business partners. Influence and communicate strategic portfolio recommendations to senior leaders at the Enterprise level. Successful execution and completion of strategic portfolio. Be a leader of change and innovation. In addition to leading a portfolio of assigned strategic initiatives, the position will be an advisor and at times lead on many Enterprise initiatives. Operational: Lead actuarial and analytic analyses to solve business problems and apply judgment appropriately. Oversee day to day execution within unit. Consistently drive broad department initiatives. Promote efficiency and recommend appropriate resource investment across Market, balance additional effort against incremental lift gained from work. Make decisions independently in accordance with Market practices. Ask pertinent questions to ensure quality of analytical work. Begin to prepare analytical foundations for future business needs. Provide support as necessary for initiatives across the Enterprise within the scope of influence. Communication: Communicates on a regular basis with staff, peers, business partners, and senior leaders. Skilled at tailoring communication of analysis, project results, and other business initiatives to audience. Skilled at communicating technical topics to non-technical audiences. Leads group discussions with multiple disciplines or responsibility levels. Skilled at creating formal written communication such as memos or presentations. Regularly influences and collaborates with peers and partners to take actions to enhance business outcomes. Talent: Staff responsibilities are likely to include direct management of a team of leaders and managers. Acquisition, retention, and development of talent for assigned department. Execute, communicate, and influence standards for talent development processes, including performance and personal development goals. Succession planning and talent assessment recommendations. Performance management including workforce planning. Support staff engagement in cross Enterprise initiatives. Mentor less experienced talent across the Enterprise. Identify training and skill development needs across assigned Segment and the Enterprise. Support recruiting efforts and candidate talent assessment efforts across the Enterprise. Perform other duties as assigned.

Job Opening ID:


Equal Employment Opportunity Statement:

Travelers is an equal opportunity employer.

Job Specific & Technical Skills & Competencies:

Leadership: Consistently challenges conventional thinking. Takes ownership of projects/portfolios of projects and meetings and makes independent recommendations to influence business outcomes. Proficient in Leading Self exhibiting decisiveness and self-awareness while also effectively managing ambiguity. Proficient in Leading Others including modeling the way for others, forging synergy and participative management. Proficient in Leading the Business including actively engaging in driving business results, broad thinking and promoting an Enterprise culture. Business Acumen: Has an in-depth understanding and knowledge of most business drivers and disciplines as well as their interrelationships. Areas include, but are not limited to: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financial. Has a perspective on the industry and developing trends, including: technology, analytic methodology, products, and performance of competitors. Able to effectively utilize this business knowledge in developing and implementing analytic solutions and anticipate the impact of market dynamics on Travelers performance. May influence the insurance industry. Relationship Management: Proactively build, own, and leverage business relationships across the Enterprise. Encourage cross-functional teams to allow for sharing of ideas across the Enterprise. Identify and resolve conflict with business partners across organization and communicate any areas of organizational tension. Expose accomplishments of other disciplines to their own organization. Alongside business partners, develop long term strategy and road maps for their organization. Develop a culture that promotes understanding diverse perspectives. Quantitative Analysis: Able to introduce innovative techniques to both new and existing problems, and influence the business by recommending solutions. Stays aware of advancements in analytical techniques and technology used to implement them. Regularly offers technical consultative feedback. Can assess various technical solutions to optimize analytical outcomes. Consistently recognizes and solves for emerging issues that require a quantitative solution within and occasionally outside functional area.

Job Category:

Actuarial and Analytics

Marketing Description:

This role is a key actuarial leadership role for Select and within Small Commercial, responsible for the execution and delivery of all Select and Agribusiness Business Unit actuarial priorities. Key responsibilities include:

  • Partner closely with Product Management, Underwriting and BU leadership, Actuarial Product, Claim, and R&D in support of Select strategies.

  • Evaluation as well as communication on all items related to the profitability of the Select market (e.g. rate adequacy, reserve updates, Performance Measures, etc…) to Small Commercial senior leadership.

  • Talent development, support fluid talent and other enterprise initiatives, as well as drive efficiency in everyday processes across the group.

Position reports to the Vice President & Chief Analytics Officer of Small Commercial.

Job Summary:

The 2VP, Sr. Actuarial and Analytics is a senior analytic leadership role that encompasses broad strategy development & execution, operational, and talent responsibilities for a large actuarial and analytic unit or department typically involved in reserving, rate making, pricing, planning/forecasting, project management and research. Leadership responsibilities may encompass Business Unit or line of business. The individual in this role is expected to promote and drive change within the assigned business area and across the Travelers. The 2VP, Sr. Actuarial and Analytics will work within broad limits and authority on complex initiatives requiring specialized knowledge and expertise in breadth and/or depth in several of the following areas: Actuarial and/or research methods Advanced statistical analyses Broad business knowledge In-depth Line of Business knowledge Broad awareness of enterprise Actuarial & Analytics community

Position Type:


Education, Work Experience & Knowledge:

College degree in STEM related field. Associate Actuarial Credential preferred. Demonstrated organizational leadership ability. 15+ years of quantitative analysis experience. Proven track record of developing and executing strategy. Strong understanding of insurance products and industry. Demonstrated ability in actuarial and quantitative analysis and statistical concepts. Exceptional influencing and/or consulting skills; able to build consensus among a diverse group of stakeholders. Excellent communication skills with the ability to present and translate complex information to senior leadership and non-technical teams. PC skills (MS Office).

Minimum Qualifications:

Bachelors Degree or equivalent experience required. 10+ years of comprehensive quantitative analysis experience required. Project or people management experience required.

Company Information:

Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Primary Location:

Hartford - Connecticut - United States

Secondary Location:

St Paul - Minnesota - United States

We are committed to valuing the diversity that exists among our workforce, our business partners, our customers and our communities. With respect to our workforce, we are committed to not only increasing diversity in our hiring at all levels but also fostering an inclusive environment where all employees, regardless of race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by law, can develop and thrive.