Senior Manager, Enterprise Actuarial - Catastrophe Risk Management

Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it. Compensation Overview The annual base salary range for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary will be determined by a number of factors, including scope, complexity and location of the role; skills, education, training, credentials and experience; and other conditions of employment. Employees are also eligible for performance-based cash incentive awards. Salary Range: $120,400.00 – $198,700.00 What Is the Opportunity? Travelers Enterprise Catastrophe Risk Management is seeking a Senior Manager to join our Actuarial and Analytics team. This team provides enterprise governance, analytical insight, and decision support for catastrophe peril pricing to help ensure Travelers can successfully withstand catastrophic losses from natural and man‑made perils. The Actuarial & Analytics team leverages third‑party catastrophe models, loss experience, industry data, and advanced analytics (including GLM/GBM multivariate analyses) to develop views of risk and inform pricing decisions. In this role, you will lead projects and workstreams (e.g., Business Plan, View of Risk by Peril, ratemaking exercises) and deliver insights and recommendations to leadership and business partners. Background in actuarial science, advanced analytics, and ratemaking is preferred. Catastrophe modeling experience is a plus but not required. Success in this role requires strong collaboration, comfort operating in an innovation‑driven environment, and the ability to deliver against business needs and deadlines. Primary Responsibilities Establish and maintain peril‑specific views of risk Refine catastrophe loss experience trending methodologies Enhance and facilitate catastrophe business planning across the Enterprise Communicate findings and recommendations to team, peers, business partners, and senior leadership Contribute to catastrophe advanced analytics initiatives, such as evaluating vendor catastrophe model updates and enhancing benchmark pricing tools, using multivariate analyses What Will You Do? Strategy: Hold a lead role in strategic planning as well as manage the successful execution and completion of assigned strategic initiatives and projects. Develop solutions to resolve challenges of an initiative. Propose change and innovation to improve project team performance and timelines. This position will often participate on cross‑unit initiatives and may participate on Enterprise initiatives. 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, and begin to 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, and support initiatives across the Enterprise within the scope of influence. Communication: Communicate analysis, project results, and other business initiatives on a regular basis to staff, peers, and business partners. Communicate technical topics to non‑technical audience with guidance from manager. Actively participate and may lead group discussions. Create formal written communication such as memos or presentations with guidance. Network and collaborate on ideas and challenges. Talent: Staff responsibilities may include direct management of 1 to 2 individual contributors or interns. Acquisition, retention, and development of talent for assigned unit. Execute and communicate talent development processes, including performance and personal development goals. Provide mentoring, onboarding, and support for training and skill development initiatives. May provide support for recruiting efforts and candidate talent assessment efforts. Perform other duties as assigned. What Will Our Ideal Candidate Have? College degree in STEM related field Associate Actuarial Credential Strong PC skills (MS Office) and programming skills (SQL, SAS) 5+ years of quantitative analysis experience Strong understanding of insurance products and industry Demonstrated ability in actuarial and quantitative analysis and statistical concepts Management experience What is a Must Have? Bachelor's Degree or equivalent experience 3 years of experience in quantitative analysis What Is in It for You? 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. Travelers also offers a Pension Plan that is 100% funded by Travelers. Student Loan Support: Travelers enrolls 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. Paid Time Off: Minimum of 20 days PTO annually plus nine paid company holidays. Wellness Program: Access to mental health program, free professional counseling, health coaching and other resources. Volunteer Encouragement: Matching Gift and Volunteer Rewards program allows you to give back to the charity of your choice. Employment Practices Travelers is an equal‑opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions. If you have specific questions regarding the physical requirements of this role, please send us an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting. #J-18808-Ljbffr Travelers Canada