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Product Management Leader

1 month ago

Hartford, Connecticut, United States Travelers Insurance Full time
About the Role

We are seeking a highly skilled and experienced Manager, Product Management to join our team at Travelers Insurance. As a key member of our Product team, you will be responsible for driving the growth and profitability of our products, analyzing complex business problems, and developing fact-based solutions to achieve business objectives.

Key Responsibilities
  • Lead and guide data analysis of business results, including product refreshes, performance expectations, and identifying root causes.
  • Develop and influence recommendations to drive desired growth and profitability impacts, considering short- and long-term strategies, local regulatory nuances, and broader marketplace dynamics.
  • Present, inform, and influence recommendations to key leadership stakeholders, including proposed product or pricing changes or new product builds.
  • Act as a senior resource in key strategic initiatives to support the goals and objectives of the broader organization.
  • Manage, coach, and/or guide analysts.
  • Perform other duties as assigned.
Requirements
  • Bachelor's degree in Business Management/Administration, Mathematics, Finance, Actuarial Science, Economics, or other analytics-related field.
  • Five years' experience working in a mathematical, analytical, or data-related role, preferably in the financial services industry.
  • Experience developing techniques and procedures used to forecast insurance financials.
  • Deep understanding of Travelers' business strategy and plan objectives to align with enterprise goals.
  • Excellent communication skills with the ability to interact and influence management.
  • Excellent analytical skills with the ability to evaluate and understand current data and systems, find deficiencies/opportunities, recommend changes, and translate into business impacts.
  • Demonstrated knowledge of pricing and actuarial techniques and understanding of actuarial concepts such as loss development and trending.
  • Understand the workflow and terminology of insurance products and processes and their impact on profit and loss.
What We Offer
  • Health Insurance: Employees and their eligible family members 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.
  • 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.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved.
Employment Practices

Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining, and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.