Sr. Analyst, Product Management - PI

$77,800 - $128,400/Yr

Travelers - Hartford, CT

Full-time - Mid Level

Hartford, CT

Insurance Carriers and Related Activities

About the position

The Sr. Analyst, Product Management role at Travelers involves managing the growth and profitability of specific products or lines of business. The position requires analyzing complex business problems and proposing data-driven solutions while collaborating with various partners to ensure strategic alignment and successful execution of initiatives.

Responsibilities

• Conduct and understand data analysis of business results including product refreshes and performance expectations.
• Formulate and execute recommendations to drive growth and profitability based on established strategy.
• Present and influence recommendations to business partners regarding product/pricing changes or new product builds.
• Function as a subject matter expert in strategic initiatives to support organizational goals.
• Coach and mentor on specific projects as needed.
• Perform other duties as assigned.

Requirements

• Bachelor's degree in Business Management/Administration, Mathematics, Finance, Actuarial Science, Economics, or related field.
• Three years' experience in a mathematical, analytical, or data-related role, preferably in financial services.
• Experience with competitive analysis tools.
• Strong data analysis skills with the ability to interpret trends and provide insights.
• Knowledge of pricing and actuarial techniques and understanding of actuarial concepts.
• Understanding of ratemaking and its application, including profitability and risk loads.
• Familiarity with the workflow and terminology of insurance products and processes.

Nice-to-haves

• Strategic thinker with sound judgment to resolve issues.
• Excellent communication skills for consulting and presenting information.

Benefits

• Health Insurance coverage from the first day of employment for employees and eligible family members.
• 401(k) matching contributions dollar-for-dollar up to the first 5% of eligible pay.
• Pension Plan fully funded by Travelers.
• Minimum of 20 days Paid Time Off annually plus nine paid company holidays.
• Access to a wellness program with tools, discounts, and resources for wellness goals.
• Mental health program providing access to free professional counseling services.
• Encouragement for volunteer work with a Matching Gift and Volunteer Rewards program.