Sr. Manager, Agribusiness Actuarial

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?

Bring your actuarial talent from farm-to-table where insurance meets agriculture! This Sr. Manager position supports the Agribusiness Actuarial team. Key responsibilities include core actuarial functions such as Plan, Rate Adequacy, profitability reporting, and pricing-related business initiatives (i.e. ongoing CAT/weather management, developing benchmark model insights, etc.). The successful candidate will drive pricing-related analyses while developing business acumen and effective communication with technical and non-technical stakeholders. This role will collaborate closely with Underwriting leadership, Product Management, Finance, and other departments to provide analytical support for pricing and strategic initiatives.

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.

• 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).

• 5+ years of quantitative analysis experience.

• Strong understanding of insurance products and industry.

• Demonstrated ability in