Director, Actuarial Business Auto, Product Ownership & Rate Implementation

$127,900 - $211,100/Yr

Travelers - Juneau, AK

Full-time - Director

Juneau, AK

5,001-10,000 employees

Insurance Carriers and Related Activities

About the position

Travelers Insurance Company is seeking a Director of Actuarial Business Auto, Product Ownership & Rate Implementation to join our Business Insurance Actuarial and Analytics team in Juneau, AK. This role is pivotal in delivering tailored analytics and innovative data science solutions that influence decisions and enable superior results. As a leader in this space, you will be responsible for driving the implementation of product enhancements, pricing tools development, and analysis, while serving as a subject matter expert on Business Insurance Auto. You will have the opportunity to apply your actuarial and analytical skills to influence industry-leading product development and innovation. In this position, you will assess, prioritize, influence, and communicate strategic initiative options to senior leaders, ensuring effective execution and completion of assigned strategic initiatives and projects. You will independently perform actuarial and analytic analyses to solve business problems, drive day-to-day execution within your unit, and promote efficiency across your primary working group. Your role will also involve translating business requests into analytical solutions and providing direction and review of others' analytical work. As a leader, you will manage a small team of individual contributors, focusing on talent acquisition, retention, and development. You will execute and communicate talent development processes, including performance and personal development goals, and support various training and skill development initiatives across the Enterprise. This position requires excellent communication, collaboration, and relationship-building skills, as you will be expected to influence and collaborate with peers and partners to enhance business outcomes.

Responsibilities

• Assess, prioritize, influence and communicate strategic initiative options to senior leaders.
• Demonstrate effective execution and completion of assigned strategic initiatives and projects.
• Regularly generate process improvements and explore opportunities for innovation.
• Lead assigned unit strategic initiatives and participate in Enterprise initiatives on a limited basis.
• Independently perform actuarial and analytic analyses to solve business problems and apply judgment appropriately.
• Drive day to day execution within unit and support broad department initiatives.
• 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.
• Provide direction and review others' analytical work.
• Translate business requests into analytical solutions.
• Communicate regularly with staff, peers, and business partners, and occasionally with senior leaders.
• Tailor communication of analysis, project results, and other business initiatives to audience.
• Lead group discussions with primary working group and create formal written communication such as memos or presentations.
• Mentor less experienced talent across the Enterprise and onboard new employees and interns in unit.

Requirements

• Bachelor's Degree required.
• Minimum of 4 years of experience performing quantitative analysis required.
• College degree in STEM related field preferred.
• Associate Actuarial Credential preferred.
• 7+ years of quantitative analysis experience preferred.
• Strong understanding of insurance products and industry.
• Demonstrated ability in actuarial and quantitative analysis and statistical concepts.
• Management experience preferred.
• Excellent communication, collaboration and relationship-building skills.
• Ability to present and translate complex information in relevant business terms.
• Strong PC skills (MS Office) and programming skills (e.g., SQL, SAS).

Nice-to-haves

• Experience in leading strategic initiatives and projects.
• Familiarity with underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.

Benefits

• Health Insurance coverage for employees and their eligible family members from the first day of employment.
• 401(k) retirement plan with dollar-for-dollar matching contributions up to the first 5% of eligible pay.