Director, Project Management Planning and Operations - Hartford, CT, United States - The Travelers Indemnity Company

Description

Taking care of our customers, our communities and each other.

By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years.

Join us to discover a culture that is rooted in innovation and thrives on collaboration. Actuarial

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country.

the skills, education, training, credentials and experience of the candidate; As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Target Openings

In Business Insurance Actuarial and Analytics, we deliver tailored analytics and innovative data science solutions that influence decisions and enable superior results.

The BI Actuarial Product team is looking to hire a Director of Actuarial and Analytics.

This person will be the actuarial lead on specific Specialty coverages starting in Inland Marine, partnering heavily with our business partners on this strategic initiative.

This leader will own the development of various Specialty lines rate plans, the implementation of the rate plan, base rate setting, data and monitoring strategies.

They will also manage more junior staff.

The Director, Actuarial and Analytics is an analytic leadership role that is responsible for the implementation of a variety of actuarial/statistical techniques and analyses which may include reserving, rate making, pricing, planning/forecasting, project management and research.

This role is expected to execute strategic and operational initiatives, drive change within assigned unit, provide analytical insights and recommendations to leadership and business partners, and share ownership of the business's financial results.

The Director, Actuarial and Analytics will work within broad limits and authority on complex assignments requiring specialized knowledge and expertise in breadth and/or depth in one or more of the following areas:

Actuarial and/or research methods Advanced statistical analyses Broad business knowledge In-depth Line of Business knowledge Broader awareness of enterprise Actuarial & Analytics community This role may act as a manager of a small team.

Assess, prioritize, influence and communicate strategic initiative options to senior leaders.
Demonstrate effective execution and completion of assigned strategic initiatives and projects.
Regularly generate process improvements and explore opportunities for innovation.

Lead assigned unit strategic initiatives (narrow scope, limited and well defined) and cross-unit initiatives on a limited basis and is expected to participate in Enterprise initiatives on a limited basis.

Independently perform actuarial and analytic analyses to solve business problems and apply judgment appropriately.
Drive day to day execution within unit. Communicates on a regular basis with staff, peers and business partners and on an occasional basis with senior leaders.
Tailors communication of analysis, project results, and other business initiatives to audience.
Staff responsibilities are likely to include direct management of a small team of individual contributors.
Acquisition, retention, and development of talent for assigned unit.
Execute and communicate talent development processes, including performance and personal development goals.
Succession planning and talent assessment recommendations.
Performance management.
Support staff engagement cross Enterprise initiatives.
Onboard new employees and interns in unit.
Support various training and skill development initiatives across Segment and the Enterprise.
College degree in STEM related field.
~ Associate Actuarial Credential preferred.
~7+ years of quantitative analysis experience.
~ Demonstrated ability in actuarial and quantitative analysis and statistical concepts.
~ Management experience.
~ Excellent communication, collaboration and relationship-building skills.
~ Strong PC skills (MS Office) and programming skills (eg. SQL, SAS).

Takes ownership of projects related to strategic initiatives and makes recommendations to influence business outcomes.
Proficient in Leading Self, exhibiting decisiveness and self-awareness while also effectively managing ambiguity.
Initial development of Leading Others, including modeling the way for others and effectively leading team projects.

Has an in-depth understanding and knowledge of certain key business drivers and disciplines such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.

Has a general perspective of the industry and developing trends, including: technology, analytic methodology, products, and performance of competitors.

Relationship Management:
Set and manage expectations with business partners for large projects.
Bachelor's Degree required.
Minimum of 4 years of experience performing quantitative analysis required.

Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.

Retirement:

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.

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

We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.