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Director, Actuarial Business Auto, Product Development

2 months ago

Hartford, Connecticut, United States Travelers Full time
Job Summary

We are seeking a highly skilled Director, Actuarial Business Auto, to join our team at Travelers. As a key member of our Actuarial Business Auto team, you will be responsible for leading the development and implementation of actuarial and analytical solutions to drive business growth and innovation.

Key Responsibilities
  • Strategy:
    • 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.
  • Operational:
    • 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.
    • 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.
    • Provide direction and review others' analytical work.
    • Translate business requests into analytical solutions.
    • Provide support as necessary for initiatives across the Enterprise within the scope of influence.
  • Communication:
    • 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.
    • Communicates technical topics to non-technical audiences with limited guidance.
    • Leads group discussions with primary working group.
    • Creates formal written communication such as memos or presentations with limited guidance.
    • Able to influence and collaborate with peers and partners to take actions to enhance business outcomes.
  • Talent:
    • 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.
    • Mentor less experienced talent across the Enterprise.
    • Onboard new employees and interns in unit.
    • Support various training and skill development initiatives across Segment and the Enterprise.
    • May provide support for recruiting efforts and candidate talent assessment efforts.
    • Perform other duties as assigned.
    Requirements
    • College degree in STEM related field.
    • Associate Actuarial Credential preferred.
    • Strong understanding of insurance products and industry.
    • Demonstrated ability in actuarial and quantitative analysis and statistical concepts.
    • Management experience.
    • Excellent communication, collaboration and relationship-building skills.
    • Ability to present and translate complex information in relevant business terms.
    • Strong PC skills (MS Office) and programming skills (eg. SQL, SAS).
    What We Offer
    • 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.