Senior Manager, Enterprise Actuarial – Catastrophe Risk Management

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

$120,400.00 - $198,700.00

Target Openings

1

What Is the Opportunity?

Travelers Enterprise Catastrophe Risk Management is seeking a Senior Manager to join our Actuarial and Analytics team.
This team provides enterprise governance, analytical insight, and decision support for catastrophe peril pricing to help ensure Travelers can successfully withstand catastrophic losses from natural and man-made perils.

The Actuarial & Analytics team leverages 3rd party catastrophe models, loss experience, industry data, and advanced analytics (including GLM/GBM multivariate analyses) to develop views of risk and inform pricing decisions. In this role, you will lead projects and workstreams (e.g., Business Plan, View of Risk by Peril, ratemaking exercises) and deliver insights and recommendations to leadership and business partners.

Background in actuarial science, advanced analytics, and ratemaking is preferred. Catastrophe modeling experience is a plus but not required. Success in this role requires strong collaboration, comfort operating in an innovation-driven environment, and the ability to deliver against business needs and deadlines.

Primary Responsibilities:
- Establish and maintain peril-specific views of risk
- Refine catastrophe loss experience trending methodologies
- Enhance and facilitate catastrophe business planning across the Enterprise
- Communicate findings and recommendations to team, peers, business partners, and senior leadership
- Contribute to catastrophe advanced analytics initiatives, such as evaluating vendor catastrophe model updates and enhancing benchmark pricing tools, using multivariate analyses

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 accordance with department practices.

• Begin to provide direction and review others' analytical work.

• Begin to translate business requests into analytical solutions.

• Provide support as necessary for initiatives across the Enterprise within the scope of influence.

Communication:

• Communicates analysis, project results, and other business initiatives on a regular basis to staff, peers, and business partners.

• Communicates technical topics to non-technical audience with guidance from manager.

• Actively participates and may lead group discussions.

• Creates formal written communication such as memos or presentations with guidance.

• Networks and collaborates on ideas and challenges.

Talent:

• Staff responsibilities may include direct management of 1 to 2 individual contributors or interns.

• Acquisition, retention, and development of talent for assigned unit.

• Execute and communicate talent development processes, including performance and personal development goals.

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