Sr. Manager, Actuarial & Analytics - Property Pricing

Annapolis, MD
Oct 18, 2021
Oct 20, 2021
Full Time
**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**The National Property actuarial team is looking for an analytic-minded person with an interest in directly impacting business decisions at the account level. This position is primarily responsible for large account pricing for National Property and provides pricing advice/insights directly to field underwriters, CURE officers, and HO leadership. Other responsibilities include: occupancy studies to enhance pricing guidance to underwriters, monitoring and measuring changes in limits and deductibles, actuarial planning coordinator for BU, and other profitability related analysis as needed.The Sr. Manager, Actuarial and Analytics is an analytic leadership role that encompasses the management of assigned strategic initiatives and operational assignments which may include reserving, rate-making, pricing, planning/forecasting, project management and research. The individual in this role is expected to lead project teams of actuarial & analytic partners and provide analytical insights and recommendations to leadership and Business partners. The Sr. Manager, Actuarial and Analytics will work within broad limits and authority 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 Broad business knowledge In-depth Line of Business knowledge Awareness of enterprise Actuarial & Analytics community This role may act as a manager of a small team.This role may work from home or in a Travelers office.**Primary Job Duties & Responsibilities**+ Providing large account property pricing guidance to underwriters, CURE officers, and HO leadership.+ Providing direction and support for Benchmark Tool development and enhancements as needed.+ Occupancy studies to enhance account experience and provide optimal guidance to underwriters.+ Providing business unit perspective to actuarial and analytic partners in Actuarial Product, Loss Analytics, Analytics & Research.+ Monitoring changes in the portfolio such as limit and deductible changes and evaluating the impact of those changes on our loss ratio/profitability.+ Planning coordinator and liaison to Property Actuarial Product on rate adequacy issues.+ Other profitability studies and data requests as needed.**Minimum Qualifications**+ Bachelors Degree or equivalent experience required.+ 3 years of experience in quantitative analysis required.**Education, Work Experience, & Knowledge**+ College degree in STEM related field.+ Associate Actuarial Credential preferred.+ Strong PC skills (MS Office) and programming skills (eg. SQL, SAS).+ 5+ years of quantitative analysis experience preferred.+ Strong understanding of insurance products and industry.+ Demonstrated ability in actuarial and quantitative analysis and statistical concepts.+ Management experience preferred.**Job Specific Technical Skills & Competencies**Leadership:+ Take ownership of projects including initiating the project, drawing up the project plan, carrying out the action items and make recommendations.+ Proficient in Leading Self, exhibiting decisiveness and self-awareness while also effectively managing ambiguity.+ Initial development of Leading Others, including modeling the way for others and leading team projects.+ Initial 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 a few 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 analytic solutions.+ Has a general perspective of certain areas of the industry and developing trends such as: technology, analytic methodology, products and performance of competitors.+ Begins to be familiar with other key business drivers and discipline areas as well.Relationship Management:+ Proactively build and own professional business relationships across the BI community across the Enterprise.+ Generate and solicit ideas, and build consensus with guidance.+ Aware of potential conflict and addresses with limited guidance.+ Begin to acknowledge accomplishments of others within your primary working group.+ Set and manage expectations with business partners for small projects.Quantitative Analysis:+ Evaluate and use appropriate data, tools and methods.+ Independently perform and implement analytics.+ May engage in technical/peer review.+ Begin to design and able to contribute on more complex analytic work.+ Begin to understand diverse perspectives to effectively accomplish business goals.**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 ( 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.