Manager, Actuarial & Analytics - Bond and Specialty Pricing

Who Are We?

Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers and opportunities for our employees.

You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Job Category

Actuarial

Target Openings

What Is the Opportunity?

The Manager, Actuarial and Analytics is an analytic leadership role 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, reinsurance, rate-making, pricing, regulatory filings, planning / forecasting, project management, CAT modelling, ERM 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

What Will You Do?

Provide analytical thought leadership to support the Bond and Specialty Insurance business units in achieving their profitability and growth objectives.

• 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 Canada and 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 within Canada or 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 within Canada or across the Enterprise.
• Onboard new employees and interns in unit.
• Support various training and skill development initiatives across assigned Segment, Canada 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?

• University degree in STEM related field.
• Associate Actuarial Credential preferred.
• Strong PC skills (MS Office) and programming skills (eg. SQL, SAS).
• 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 understanding and knowledge of a few basic 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 foundational perspective of the primary industry and developing trends such as : technology, analytic methodology, products and performance of competitors.
• Is familiar with a couple other key business drivers and disciplines.
• Relationship Management :
• Proactively build and own professional business relationships across the BI&AA community across the Enterprise.
• Generate and solicit ideas, and begin to build consensus with guidance.
• Aware of potential conflict and begins to addresses with guidance.
• Begin to set and manage expectations with business partners for small projects.
• Quantitative Analysis :
• Evaluate and use appropriate data, tools and methods.
• Able to perform analytics independently, can effectively plan next steps within analyses with little oversight.
• May perform technical review of team work product.
• Able to contribute on more complex analytical work with guidance.

What is a Must Have?

• Bachelors Degree or equivalent experience required.
• 2 years of experience in quantitative analysis required.

What Is in It for You?

• Health Insurance : Employees and their eligible family members including spouses, partners, and children are eligible for coverage from the first day of employment.
• Retirement : Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan ( DPSP ).

Travelers also matches your savings plan contribution dollar-for-dollar up to 5% of base pay.

Paid Time Off : Start your career at Travelers with a minimum of 20 days Paid Time Off ( PTO ) annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year.

You will also receive twelve 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.

In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.

Volunteer Encouragement : We have a deep commitment to the communities we serve and encourage our employees to get involved.

Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Equal Employment Opportunity Statement

Travelers is an equal opportunity employer. We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.