Manager, Actuarial Product Marine & Boiler Analytics

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. Job Category Actuarial, Data Analytics Compensation Overview 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 actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards. Salary Range $109,300.00 - $180,200.00 Target Openings 1 What Is the Opportunity? Business Insurance Actuarial Product Marine & Boiler Analytics is hiring a Manager that encompasses the shared responsibility of project and strategic execution with actuarial, analytic and business partners, in addition to assigned operational assignments which may include reserving, rate-making, pricing, planning/forecasting, project management and research. The individual in this role is expected to be an influential member of project teams, providing analytical insights and recommendations to leadership and Business unit partners. The Manager, Actuarial and Analytics will work 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 Solid business knowledge Line of Business knowledge The successful applicant will have an opportunity to learn Inland Marine insurance which encompasses various inland marine coverages, gaining exposure to pricing, underwriting, and product management while developing specialized expertise in a dynamic and growing segment of the commercial insurance market. What Will You Do? Strategy Participate in a lead role in the successful execution and completion of assigned strategic initiatives and projects. Develop solutions to resolve challenges of an initiative. Propose change and innovation in order 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. Support and drive components of unit initiatives. Begin to support broad department initiatives. Take accountability for process efficiencies within assignments. Begin to make proposals in accordance with department practices. Provide support as necessary for initiatives across the Enterprise within the scope of influence. Communication Communicates analysis, project results, and other business initiatives to peers and business partners. Communicates technical topics to non-technical audience within the primary working group with guidance from manager. Actively participates and may lead group discussions at the unit level. Creates formal written communication such as memos or presentations with guidance and peer review. Networks and collaborates on ideas and challenges. Talent Retention and development of assigned staff. Execute and communicate talent development processes, including performance and personal development goals. Talent assessment recommendations. Performance management. Mentor less experienced talent across the Enterprise. Onboard new employees and interns in unit. Support various training and skill development initiatives across assigned Segment and the Enterprise. 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 (eg. SQL, SAS). 4+ years of quantitative analysis experience. Strong understanding of insurance products and industry. Demonstrated ability in actuarial and quantitative analysis and statistical concepts. Demonstrated ability to manage projects. Leadership Take ownership of assigned projects and meetings, make recommendations and presents results to business partners. Proficient in Leading Self, exhibiting self-awareness while also effectively managing ambiguity. Initial development of Leading Others, including mentoring/training team members. Initial development of Leading the Business, including actively supporting business goals and being a positive member of the Enterprise culture. Business Acumen Has an in-depth understa #J-18808-Ljbffr Travelers