Travelers
**Company Summary**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 160 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**Target Openings**1**Job Description Summary**This AVP role is responsible for leading the Workers Compensation Pricing Analytics team that has primary responsibility for the Workers Compensation Pricing Tools.
The team includes four people responsible for the Middle Market WC Pricing Tools as well as the Small Commercial WC Pricing Tool.
The primary work includes working with the Analytics & Research team to regularly enhance the Pricing Tools, Tool Monitoring and Support, Subject Matter Expertise on the data utilized by the Pricing Tools, and utilizing the results of the Pricing Tools to inform strategic direction for the WC line.
The individual in this role is expected to drive change within department and influence leaders up to the VP level across multiple departments.
The AVP, Actuarial and Analytics will work within broad limits and authority on complex initiatives requiring specialized knowledge and expertise in breadth and/or depth in several of the following areas: Actuarial and/or research methods, Advanced statistical analyses, Broad business knowledge, In-depth Workers Compensation knowledge, and Broad awareness of enterprise Actuarial & Analytics community.**Primary Job Duties & Responsibilities**Strategy:+ Assess, prioritize, influence and communicate strategic initiative options to senior leaders.+ Foster an environment for effective execution and completion of assigned strategic initiatives and projects.+ Be a leader of change and innovation.+ This position will lead assigned unit strategic initiatives and cross-unit initiatives and is expected to participate in Enterprise initiatives.Operational:+ Perform and lead actuarial and analytic analyses to solve business problems and apply judgment appropriately.+ Drive day to day execution within unit.
Drive broad department initiatives.+ Promote efficiency and identify appropriate resource needs across primary working group, balancing additional effort against incremental lift gained from work.+ Make decisions independently in accordance with Segment practices.+ Consistently provide direction and review others’ analytical work.+ Translate ambiguous business needs 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, business partners, and often with senior leaders.+ Proficient at tailoring communication of analysis, project results, and other business initiatives to audience.+ Proficient at communicating technical topics to non-technical audiences.+ Leads group discussions with multiple disciplines or responsibility levels.+ Proficient at creating formal written communication such as memos or presentations.+ Influences and collaborates with peers and partners to take actions to enhance business outcomes.Talent:+ Staff responsibilities are likely to include direct management of a team of managers and individual contributors.+ Acquisition, retention, and development of talent for assigned unit.+ Execute, communicate, and influence standards for talent development processes, including performance and personal development goals.+ Succession planning and talent assessment recommendations.+ Performance management including workforce planning.+ Support staff engagement in cross Enterprise initiatives.+ Mentor less experienced talent across the Enterprise.+ Identify training and skill development needs across assigned Segment and the Enterprise.+ Support recruiting efforts and candidate talent assessment efforts across the Enterprise.**Minimum Qualifications**+ Bachelors Degree or equivalent experience required.+ 7+ years of comprehensive quantitative analysis experience required.+ Project or people management experience required.**Education, Work Experience, & Knowledge**+ College degree in STEM related field.+ Associate Actuarial Credential preferred.+ Leadership experience.+ 10+ years of quantitative analysis experience.+ Strong understanding of insurance products and industry.+ Demonstrated ability in actuarial and quantitative analysis and statistical concepts.+ Exceptional influencing and/or consulting skills; able to build consensus among a diverse group of stakeholders.+ Excellent communication skills with the ability to present and translate complex information to senior leadership and non-technical teams.+ Strong PC skills (MS Office).**Job Specific Technical Skills & Competencies**Leadership:+ Regularly challenges conventional thinking.+ Takes ownership of projects/portfolios of projects and meetings and makes independent recommendations to influence business outcomes.+ Proficient in Leading Self including exhibiting decisiveness and self-awareness while also effectively managing ambiguity.+ Proficient in Leading Others including modeling the way for others and forging synergy.+ Development of Leading the Business including actively engaging in driving business results, broad thinking and promoting an Enterprise culture.Business Acumen:+ Has an in-depth understanding and knowledge of key business drivers and disciplines such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.+ Able to effectively utilize this business knowledge in developing and implementing analytic solutions.+ Has perspective on the industry and developing trends, including: technology, analytic methodology, products, and performance of competitors.+ Is familiar with most other key business drivers and disciplines.Relationship Management:+ Proactively build and own professional business relationships across the Enterprise.+ Create cross-functional teams to generate and solicit ideas, and drive consensus+ Aware of potential conflict across the organization and address proactively.+ Acknowledge accomplishments of others to broader organization.+ Set and manage expectations with business partners for portfolio of projects.+ Seek out diverse perspectives to effectively accomplish business goals.+ Quantitative Analysis:+ Able to introduce innovative techniques to both new and existing problems.+ Leads and actively engages in technical/peer reviews.+ Regularly offers technical consultative feedback.+ Can assess various technical solutions to optimize analytical outcomes.+ Consistently recognizes and solves for emerging issues that require a quantitative solution within functional area.**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.If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email (4-ESU@travelers.com) 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.