Sr. Manager Actuarial and Analytics – Worker Compensation Loss Reserving

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.

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

$120,400.00 - $198,700.00

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Business Insurance is seeking a Sr. Manager to join our WC Loss Analytics and Reserving team. The Sr. Manager, Actuarial and Analytics, is an analytical role responsible for reserve analysis and loss analytics for the Guaranteed Cost Workers Comp markets. Duties include quarterly analysis of prior and current years, reflecting changing internal and external dynamics; communication of results to management and business partners; ensuring proper use of reserving methods; meeting all reporting and booking deadlines; and addressing all documentation and audit requirements. The role will also have opportunities to drive one or more of our reserve modernization projects, aiming to bring more advanced analytics into our reserving process. The individual will work closely with diverse business functions and partners, including Claims, Product, and Actuarial Pricing.

What Will You Do?

Strategy:

• Hold a lead role in strategic planning as well as manage 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.

• Drive day to day execution within unit. Support broad department initiatives.

• Begin to promote efficiency across primary working group, balancing additional effort against incremental lift gained from work.

• Begin to make decisions independently in