Manager, Actuarial Product Specialty

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 – Specialty is seeking an analytical and highly motivated Manager to support our Product and Platform Modernization (PPM) actuarial deliverables across Specialty lines, including Inland Marine, Ocean Marine, and Boiler & Machinery. This role plays a central part in our ongoing modernization journey, building on the recent launch of Travelers Contractors Equipment (CE) on Guidewire, Travelers' first BI specialty line on the new platform.

Key responsibilities include rate plan development and build for current and future PPM products, post-monitoring design and execution, compliance documentation and rating table validation, and contributions to restatement and benchmark capabilities. The role partners closely with Product Management, Product Development, Rating Technology (BIRT/Ratabase), Underwriting, the Pricing Circle, and our Strategy, Planning & Execution (SP&E) delivery teams on rate plan implementation. Strong technical and analytical skills, sound judgment, clear and concise communication, and a willingness to leverage new tools, including AI, to deliver smarter, faster results are key attributes of a successful candidate.

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 ana