Sr Consultant, Actuarial and Analytics - Business Insurance Rate Development

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

$89,800.00 - $148,300.00

Target Openings

1

What Is the Opportunity?

Business Insurance Actuarial is looking for a process-driven and technically skilled individual to join our Rate Development Strategic Initiatives team! This position plays a critical role in enabling the Rate Development team to operate more efficiently and accurately as filing demands continue to grow and the business evolves toward modern systems. As a key contributor to our Product Lifecycle strategy, you will build, improve, and streamline the tools and processes that power our state filing support. This includes reducing redundancy, increasing consistency across lines of business, and modernizing our capabilities to deliver products to the marketplace with speed and quality. Strong technical skills, a continuous improvement mindset, and the ability to work across multiple priorities are key attributes of a successful candidate. An ideal candidate thrives on turning complex, manual workflows into clean, scalable solutions, and takes pride in work that makes the whole team better.

Specific responsibilities include:
- Build, maintain, and streamline tools and processes that support the filing process, exhibits, and underlying data; reducing errors, redundancy, and maintenance burden while increasing speed to market and consistency across lines of business and products
- Leverage new tools and data products to support external indications and enable analysis of differences compared to internal indications
- Modernize rate page creation, redlining capabilities, and other Rate Development tools to improve accuracy and efficiency
- Support Product Lifecycle goals of delivering products to the marketplace with speed and quality through process enhancements and tool modernization
- Support filings as needed

This position collaborates closely with Rate Development and Cross Lines teams as well as broader actuarial, technology, and business partners across Business Insurance.

What Will You Do?

Strategy:

• Participate on strategic projects with execution responsibility for assigned project sub-components.

• Recommend and execute solutions for assigned project to resolve challenges of an initiative.

• Execute work thoughtfully and efficiently as a team member to improve project team performance and timelines.

• This position may participate on cross-unit and Enterprise initiatives.

Operational:

• Independently refresh actuarial and analytic analyses, perform new analysis with guidance, and begin to apply judgment.

• Support and begin to drive components of unit initiatives.

• Begin to take accountability for process efficiencies within assignments.

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

Communication:

• Communicates progress, findings and results to manager and peers.

• Communicates technical topics to primary working group.

• Actively participates in group discussions.

• Provides formal written communication such as memos or presentations with supervision.

Talent:

• May be a mentor or resource for less experienced analytic talent within assigned Segment.

• 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?

• 3 or more Actuarial exams.