AVP, Actuarial & 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 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

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

$157,700.00 - $260,200.00

Target Openings

1

What Is the Opportunity?

In Business Insurance Actuarial & Analytics (BIAA), we deliver tailored analytics and innovative data science solutions that influence decisions and enable superior results. We have an inclusive culture where everyone feels that they belong, can be authentic, are valued, respected, empowered and part of our success. We see strength in the uniqueness that each of us contributes to creating innovative solutions and improving business outcomes.

The Lead Actuary for Select Accounts is a critical member of the Select leadership team. This position is a senior analytic leadership role that encompasses broad strategic vision development, strategy execution, and talent accountabilities. This leader is responsible for influencing strategy and driving actuarial and analytic priorities and deliverables across Select. The successful candidate will have a technical and analytical skillset, strong actuarial knowledge and critical thinking, and effective business and technical communication skills.

Other responsibilities of the role include:

• Leadership of a direct staff of 10-15. This includes oversight, management, team building, development and training, cultural advancement and engagement in line with BIAA strategies, resource prioritization and creating flexible talent opportunities;

• Working directly with the Small Commercial Chief Actuary to drive strategic initiatives across both Small Commercial and BIAA, and serving as a member of the Small Commercial Analytics leadership team, helping drive department strategies and goals & objectives across the groups.

• Collaborate with business partners in finance, product management, and underwriting, influencing and driving strategies.

What Will You Do?

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 as