http://careers.travelers.com/go/Connecticut-Product-Management-Jobs/13889/ View Connecticut Product Management Jobs at Travelers Sat, 20 Mar 2010 15:03:25 GMT en-us /view/client/travelers/images/home_logo.gif http://careers.travelers.com/go/Connecticut-Product-Management-Jobs/13889/ 720
Job Title:

2VP, Research & Modeling

Job ID:

788299

Location: CT-Hartford

Available Openings:

At Travelers, we-re committed to bringing our customers innovative insurance solutions that are in-synch with their ever-changing lives. We are constantly thinking ahead to determine how we can better meet the needs of our customers. That-s where you come in. As part of our Research & Modeling team, your work will help us shape tomorrow-s insurance industry.



We-re looking for talented individuals who have experience in managing research and modeling and want to work in a high-performance, cutting-edge environment. Our superior financial strength and consistent record of strong operating returns mean security for our customers and opportunities for our employees. Travelers is full of energy with unlimited rewards if you are driven and passionate about what you do.



The 2VP, Research is responsible for leading a team of technical professionals engaged in research, data mining and predictive modeling efforts. Through the work of this team, Travelers is able to identify profitable and unprofitable segments of the business for pricing, underwriting and marketing action. This position is also responsible for directing and managing the research team as they conduct exploratory research in concepts relatively new to the insurance industry, including lifecycle underwriting and lifetime value of a customer household. In this capacity, the 2VP, Research supports the achievement of profit, expense and business objectives of the business line.



PRIMARY DUTIES:



- Provide technical leadership to the team. Translate high-level business needs into appropriate analysis to deliver actionable results on a tight time frame.

- Build and manage a strong analytics team. In this capacity, define positions, interview and select team members, establish performance metrics, challenge, mentor and coach staff.

- Identify potential research areas and evaluate their usefulness.

- Secure sponsorship/support for high potential pay-off projects.

- Write detailed research reports for senior management review/action.

- Manage multiple projects and all phases of a project

- Assist in implementation of results of analysis. Assistance to include working with internal support staff (e.g., technology staff, business centers, product management unit, finance, etc.) to ensure results are available to the end user.

- Manage vendors [contracts, projects and performance]

- Carry out administrative responsibilities including budgeting and expense management



EDUCATION/COURSE OF STUDY:



- Data Mining/predictive modeling experience

- Advanced degree (Ph. D., MA, and/or MS) in Mathematics/Statistics//Physics/Actuarial/Engineering



WORK EXPERIENCE:



- Clearly demonstrates specific knowledge requirements related to research and analysis.

- Is action-oriented in approach to solving business problems.

- Demonstrate a high degree of trust through demonstrated personal integrity, ethics and a commitment to doing the right thing.

- Ability to proactively recognize opportunities to achieve the best results.

- Solid strength in research leadership skills. Ability to look at things in new and innovative ways to benefit the business and positively impact profitability and sales results.

- Ability to communicate, present ideas and give direction related to this function in a clear and effective manner.

- Able to create a positive working environment within unit. Seek out opportunities that further develop self and/or staff members with critical knowledge and skills. Set clear standards of performance, track, evaluate and effectively communicate feedback to others.

- Commitment to excellence in research.

- Ability to work independently.

- Tenacity - ability to persist in an environment resistant to



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/Hartford-2VP,-Research-&-Modeling-Job-CT-06101/434540/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/Hartford-2VP,-Research-&-Modeling-Job-CT-06101/434540/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

VP, Product Manager - Personal Insurance

Job ID:

792287

Location: CT-Hartford

Available Openings:

Committed. Competitive. Constructing our Future.



That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.



Summary



Reporting to the SVP Product Management, Personal Insurance, the Vice President of Product Management is responsible for driving the profitable growth of our automobile and homeowner products for several states within a region. To achieve this objective, the Product Leader will adapt standard product design to conform to state requirements and market conditions, define eligibility and underwriting rules, set adequate rates, and establish a retention strategy within this context.



Essential Functions



- Partner with the field sales team to develop state profit and growth strategies including product positioning and marketing approach.

- Lead a technical pricing team to direct the analysis process and make rate and trend selections to meet profitability goals. Coordinate the rate revision schedule with the systems integration team and field organization.

- Make fact based strategic decisions based upon a knowledge of the market, which includes competitors, regulatory and legal environment, claims handling trend, and distribution channel / agent relationships.

- Work with the PL internal regulatory/filing unit to respond to the department of insurance for rate filings and market conduct exams and serve as a consultant on consumer complaints and other interactions.

- Lead and develop several senior product managers and a staff of up to 50 to maximize the resources of the team.

- Develop and maintain relationships with state regulators by attending regulatory meetings (ie, IRES, and SERA), insurance department visits and participation in industry group meetings.

- Maintains an awareness of internal / external forces, business directions, financial dynamics and new technologies that can significantly impact future effectiveness & efficiency of organization. Can create and lead a workable plan of action.

- Works strategically to communicates and coordinate key profit metrics with Claim, Operations, and Marketing.



Qualifications and Demonstrated Experience



- At least 10-15 years of varied experience within Product and Personal Lines Insurance including management of a $1B+ P&L required

- Strategic Orientation - demonstrated ability to conceptualize future environment, anticipate changes to successfully maximize opportunities and demands at the broadest PL & TCP levels

- Financial Acumen - Ability to articulate financial results and impact of strategy to senior management. Applies statistical and financial analysis to the planning, post-auditing and forecasting processes.

- Executive Presence - exudes a level of self-assurance that is honest, sincere while inspiring a sense confidence from others

- Critical Thinking - can determine key levers and priorities for large amounts of information and work through ambiguity with ease.

- Talent Acquisition and Management - attracts and retains the best people who are talented, self-driven, energized by learning and change, and focused on the mission.

- Dissects and manages data at a cellular level to optimize risk selection, market segmentation and competitive position.

- Ability to balance quantitative analysis with competitor behaviors within the marketplace.

- Business knowledge is broad across the insurance industry with experience in senior level general management functions.

- Bachelor-s Degree in Business, Marketing, Finance or related field required; MBA desirable



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-VP,-Product-Manager-Personal-Insurance-Job-CT-06101/700335/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-VP,-Product-Manager-Personal-Insurance-Job-CT-06101/700335/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

WC Claim Product Management

Job ID:

792914

Location: CT-Hartford

Available Openings:

Committed. Competitive. Constructing our Future.



That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.



SUMMARY:

This position is responsible for:

Supporting the strategy and operations of a line of business product, program or function.

Developing and designing programs and helping to lead initiatives for improving countrywide results.

Evaluating operating environment, vendors, workflow processes, and support services for assigned line of business or product. Documenting multiple solutions to recommend and assisting with implementation of changes for improvement.

Working within broad limits and authority on complex assignments requiring specialized knowledge in breadth and/or depth in area of expertise.

May serve as Team Lead.



PRIMARY DUTIES:

Claim Strategy:

Develop and implement strategies to address and improve claim results.

Collaborate with claim management, claim Legal and other claim product areas to develop new resources to increase sales and productivity reduce expenses and improve claim results and customer service through workflow and process efficiencies.

Assist with the identification and escalation of improvement opportunities and understand and assess barriers identified areas in need of improvement.

Assist with vendor management in support of workflow and process improvement initiatives.



Claim Practices & Field Support:

Consult with and advise business management on new business process changes. Direct initiatives in support of these changes.

Proactively stay abreast of industry, developments, changing trends and jurisdictional issues. Assists in industry analysis and benchmarking studies. Attend various seminars and conference as appropriate.

Partner with Claim University on the development and design of technical claim/

leadership training strategies, programs and curriculum.

Partner with field management, Claim Finance and Claim MI to assist in developing and executing a financial management and control strategy to limit financial risk associated with claim costs.

Serve as a contact and technical resource to field and business partners on claim policy interpretation, coverage issues, settlement authority, extra contractual litigation, compliance and regulatory issues, program and/or procedural issues.

Provide field claim management guidance on legislative, regulatory, and market conduct issues.

Share accountability with business partners to achieve and sustain quality results.



Business Process, Workflow and Technology:

Create, implement, and maintain claim handling guidelines, policies, procedures and processes. Assists in the development and implementation of claim policy language endorsement

Investigate new technology and the application for improving business process and increasing productivity.

Conduct competitive analyses and benchmarking studies.

Provide technical knowledge and project coordination on large-scale claim workflow and systems projects.

Develop training materials and instruct users on strategies, processes and/or procedures.



Business Partner Support:

Build and maintain strong partnerships with Underwriting, Product Management, Marketing, and Actuarial to drive business results.



Leadership:

Assist in developing team goals and drive strategies to meet business objectives.

May serve as Team Lead.



EDUCATION/COURSE OF STUDY:

College degree and 4+ years claim related experience.



WORK EXPERIENCE:

Technical Requirements:

Strong financial management and analysis skills.

Advanced knowledge of claim business, processes and systems.

Advanced knowledge of project management skills and protocols.

Expert at modeling and analyzing business strategy alternatives



OTHER:

Competencies, as demonstrated by ability to:



Lead the Business:

Translate vision into realistic business strategies

Assist in leading change

Promote enterprise culture; understand and work with other functions



Lead Self:

Exhibit courage, credibility and conviction

Communicate effectively

Influence others by appealing to reason and the interests of involved parties

Apply critical thinking and judgment skills



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-WC-Claim-Product-Management-Job-CT-06101/742907/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-WC-Claim-Product-Management-Job-CT-06101/742907/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Director, Product Management

Job ID:

792861

Location: CT-Hartford

Available Openings:

Committed. Competitive. Constructing our Future.



That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.



SUMMARY:

This position requires taking an active role in formulating and implementing state strategies through increased analysis and focus on competitor behaviors, marketplace dynamics, pricing segmentation and household level analysis.



PRIMARY DUTIES:

Develop and Implement Pricing, Filing, and Product strategies through:

Analysis of competitor and industry data, production costs, loss data, competitive

positions, underwriting / marketing programs, claim data

Interaction with Field staff and various Channels

Interaction with IT / Systems, Regulatory Affairs, and Claim

Negotiate rate changes with various channels and formulate business review packages to document the rate changes.

Respond to and coordinate state insurance department inquiries.

Work closely with regional marketing team, travel and territory and build expertise on state assignment.

Take an active role in the development of pricing practices across the Product Management regions eliminating redundancies and establishing consistency in processes.

Ability to develop pro forma cost benefit analysis.

Recommend improvements to pricing policies, procedures and workflow, including handoffs with product processing, and filing / regulatory departments.



EDUCATION/COURSE OF STUDY:

Typically 5+ years experience

4 year college degree or equivalent experience



WORK EXPERIENCE:

Self-directed

Solid knowledge of Personal Lines products and systems.

Ability to interact with the field sales team, work with DOI and connections within the industry to gather competitive intelligence.

Mastery knowledge of Pricing and Actuarial techniques.

Strong organizational and time management skills.



COMMUNICATION SKILLS:

Strong oral and written communication skills



COMPUTER SKILLS:

Solid knowledge of Excel, Access and Word



OTHER:

Analysis of rate plans, production costs, competitive positions, and underwriting / marketing programs to assess impact on business results.

Has mastered actuarial concepts such as loss development and trending.

Global level of understanding while coaching others on competitive analysis tools, and how to extract and analyze data.

Has command of profitability, risk loads and other ratemaking concepts.

Forecasting of insurance financials.

Draws conclusions from Travelres and industry management information and makes strategic changes.

Coaches / Mentors others in Pricing expertise.

Improve workflow, M.I. communication and handoffs with claim business centers, call centers, and I.T.



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Director,-Product-Management-Job-CT-06101/739616/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Director,-Product-Management-Job-CT-06101/739616/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

2VP, Product Management

Job ID:

792862

Location: CT-Hartford

Available Openings:

Committed. Competitive. Constructing our Future.



That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.



SUMMARY:

Responsible for partnering with the Regional Marketing Vice President and the PL organization to manage the overall profitability and growth of automobile and homeowner products for several states / regional assignment. To achieve profitability and growth, the product manager adapts the standard product design to conform with the state requirements and market conditions, defines eligibility and underwriting rules, sets adequate rates, and establishes a retention strategy within this context.



PRIMARY DUTIES:

Work with the field sales team to develop state profit and growth strategies including product positioning and marketing approach.



Lead a technical pricing team to direct the analysis process and make rate and trend selections to meet profitability goals. Coordinate the rate revision schedule with the systems integration team and field organization.



Make fact based strategic decisions based upon a knowledge of the market, which includes competitors, regulatory and legal environment, claims handling trend, and distribution channel / agent relationships.



Work with the PL internal regulatory/filing unit to respond to the department of insurance for rate filings and market conduct exams and serves as a consultant on consumer complaints and other interactions.



Has a thorough understanding of competitors and alternative markets within each environment.



Ability to articulate financial results and impact of strategy to senior management.



Develops and maintains relationships with state regulators by attending regulatory meetings (ie, IRES, and SERA), insurance department visits and participation in industry group meetings.



Develop and maintain relationships with state regulators by attending regulatory meetings (i.e., IRES and SERA), daily phone contacts, and insurance department visits.



Manages profitability and growth for one large state or several small states.



State assignments will tend to be less complex in terms of the regulatory environment.



WORK EXPERIENCE:

Typically will directly manage a staff of 1-3 analysts.



Typically has in depth knowledge/experience in one product line



COMMUNICATION SKILLS:

Communicates and coordinates key profit metrics with Claim, Operations, and Marketing.



OTHER:

Maximizes the resources of the regional team. Motivates, develops and provides training. Communicates results and priorities.



Attracts and retains the best people-talented, self-driven, energized by learning and change, focused on the mission.



Applies statistical and financial analysis to the planning, post-auditing and forecasting processes.



Dissects and manages data at a cellular level to optimize risk selection, market segmentation and competitive position.



Applies critical thinking skills to identify key levers and priorities for large amounts of information.



Ability to balance quantitative analysis with competitor behaviors within the marketplace.



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-2VP,-Product-Management-Job-CT-06101/739617/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-2VP,-Product-Management-Job-CT-06101/739617/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

VP, Product Management

Job ID:

792863

Location: CT-Hartford

Available Openings:

Committed. Competitive. Constructing our Future.



That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.



SUMMARY:

Responsible for partnering with the Regional Marketing Vice President and the PL organization to manage the overall profitability and growth of automobile and homeowner products for several states / regional assignment. To achieve profitability and growth, the product manager adapts the standard product design to conform with the state requirements and market conditions, defines eligibility and underwriting rules, sets adequate rates, and establishes a retention strategy within this context.



PRIMARY DUTIES:

Work with the field sales team to develop state profit and growth strategies including product positioning and marketing approach.



Lead a technical pricing team to direct the analysis process and make rate and trend selections to meet profitability goals. Coordinate the rate revision schedule with the systems integration team and field organization.



Make fact based strategic decisions based upon a knowledge of the market, which includes competitors, regulatory and legal environment, claims handling trend, and distribution channel / agent relationships.



Work with the PL internal regulatory/filing unit to respond to the department of insurance for rate filings and market conduct exams and serves as a consultant on consumer complaints and other interactions.



Has a thorough understanding of competitors and alternative markets within each environment.



Ability to articulate financial results and impact of strategy to senior management.



Develops and maintains relationships with state regulators by attending regulatory meetings (ie, IRES, and SERA), insurance department visits and participation in industry group meetings.



Develop and maintain relationships with state regulators by attending regulatory meetings (i.e., IRES and SERA), daily phone contacts, and insurance department visits.



Manages profitability and growth for one large state or several small states.



State assignments will tend to be less complex in terms of the regulatory environment.



All the components of the product manager plus a larger state assignment. The assignment will reflect states with the most complex regulatory environment.



Guidance, at this level, is provided on a limited basis.



WORK EXPERIENCE:

Will typically manage a team of 3-5 professional level staff (actuaries, etc.). At this level may be asked to provide direct supervision or indirect guidance to the first level product managers.



Typically has in depth knowledge/experience in two or more product lines.



COMMUNICATION SKILLS:

Communicates and coordinates key profit metrics with Claim, Operations, and Marketing.



OTHER:

Maximizes the resources of the regional team. Motivates, develops and provides training. Communicates results and priorities.



Attracts and retains the best people-talented, self-driven, energized by learning and change, focused on the mission.



Applies statistical and financial analysis to the planning, post-auditing and forecasting processes.



Dissects and manages data at a cellular level to optimize risk selection, market segmentation and competitive position.



Applies critical thinking skills to identify key levers and priorities for large amounts of information.



Ability to balance quantitative analysis with competitor behaviors within the marketplace.



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-VP,-Product-Management-Job-CT-06101/739618/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-VP,-Product-Management-Job-CT-06101/739618/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

VP, Product Management/(PM1)- Business Owner Policies

Job ID:

792729

Location: CT-Hartford

Available Openings:

Committed. Competitive. Constructing our Future.



That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.



JOB COMPONENTS/CRITICAL RESPONSIBILITIES:



I.Leadership/Results



Accountable for profitable growth for assigned regional/state assignment;

-Build and lead a geographic focused Regional Product Management infrastructure and organization with core accountabilities to develop and implement strategies in assigned geographic territories for Express ;

-Lead, develop & implement:

i. fact based pricing strategies based on actuarial indications, loss analytics, market dynamics and competitor benchmarking;

ii.comprehensive strategies for rate plan management, market management, competitive, environmental and economic analysis that impact pricing strategies and portfolio management of the segment.

-May be accountable for countrywide oversight and direction for specific line of business.



II.Product/Technical Acumen



-Create & analyze data sets which provide actionable insight on how a book of business is performing to optimize profitable growth opportunities for the segment.

-Evaluate performance of state, line and office results, including book of business trends, new business production (including submission flow to hit ratios), retention, and loss/expense experience.

-Evaluate and estimates impact of changes in the local economic, legal and regulatory environment;

-Applies statistical and financial analysis to the planning, performance monitoring and forecasting processes.

-Dissects and manages data at a cellular level to optimize risk selection, market segmentation and competitive position.

-Through effective working relationships with Claim partners, incorporate loss cost, expense and claim intelligence (early performance indicators such as Direct Loss Reporting) into product and pricing strategies to optimize regional profitability and production.



III.Organizational Awareness/Influence



-Work closely and collaborate with Select Actuarial, Field Management and National Product, Express Underwriting, Sales, Operations, Finance and Claims organizations.

-Leverage knowledge, acquisition and sharing of product/tools/processes across the organization, as appropriate.

-Collaborate with National Product and Express Underwriting on the business rules development for new product launches.

-Collaborate with Actuarial and CASD to develop new and/or enhance existing pricing strategies through regular rate adequacy reviews, loss analytics and monitoring of pricing model effectiveness.

-Collaborate with National Product and Express Underwriting on the evaluation of business rule effectiveness and make adjustments as necessary;

-Collaborate in development and evaluation of local sales and marketing initiatives;

-Coordinate and effectively communicate all relevant strategies/changes to key stakeholders;

-Demonstrate the ability to build partnerships with other business groups by maintaining an understanding of Travelers products, services and solutions and initiates discussions with other business units as appropriate.



In this role, you will be responsible for profitable growth of multiple regions.



-Provide thought leadership for organization and ability to provide high level of influence within and across business unit

-Strong leadership skills; required to manage team of product managers and staff of MD and analysts.

-Strategic orientation, general management with ability to understand current marketplace, conceptualize current/future environment and anticipate conditions to develop proactive strategies to optimize current/future opportunities across all lines of business

-Ensure alignment of territory strategies, develop best practices and from product and regional dimension

-Accountable for country wide oversight and direction for specific line of business; including development of best practices and approach.

-In depth knowledge/experience in managing multiple product lines.

-Work collaboratively with Regional Vice Presidents, Actuarial, National Product, Express Underwriting, Claim, Operations, Sales and other key constituencies as necessary.

-Ability to effectively communicate to senior management.

-Establish relationships and partnerships across key constituencies within the enterprise to facilitate and leverage synergies and ensure optimization.



Critical Competencies

Translates vision into realistic business strategies;

Analyzes the most complex issues to develop creative solutions and mobilize resources to achieve results;

Identifies opportunities to develop new products and markets.

-Possesses the organizational savvy to successfully navigate and influence in a highly matrixed organization with integrity, effectiveness and respect;

-Successfully resolves conflict on the most complex and high impact issues.

-Mentors and coaches PM2 and others to ensure leverage of knowledge, acquisition and sharing of product/tools/processes across the organization, as appropriate.



Leads, manages and understands utilization of innovative multivariate modeling and data mining methods to ensure alignment with key strategies and objectives.



Continuously evaluates and challenges methods upon which data is reviewed, analyzed and shared; effectively leads change if/as appropriate.



Leads the Business:

-Executes business strategy aligning vision and translating into actionable plans.

-Leads change and sets tone and direction and ensures engagement and alignment.

-Drives results- acts with relentless drive setting priorities over activity, setting goals, tracking outcomes and ensuring allocation of resources to deliver most value to unit



Leads Others: attracts top talent, maximizes individual and organization performance, holds other accountable; aligns rewards; and creates and sustains a dynamic workplace.



Leads Self:

-Demonstrates self awareness and emotional maturity and learning agility.

-Communicates effectively and able to influence those within or outside of direct line of sight;

-Exhibits credibility and conviction & integrity in all actions.



I. Leadership/Results



Demonstrated results orientation; strong motivational leadership, managerial and change management capabilities;

Ability to strategically maximize the resources of the regional team toward achievement of desired results;

Demonstrate emotional intelligence and self awareness in order to lead, coach and mentor; and foster short and long term development of the organization.

Excellent communication skills; ability to lead team and create group synergy toward achievement of key strategies and objectives; maintain focus on the mission.

Attract and retain talented, self-driven, energized individuals;

Ability to create an environment, which fosters a high level of performance, learning, and creativity.

Ability to handle difficult individuals, groups of people or tense situations with diplomacy and tact; find the best solution to a given problem or disagreement;

Demonstrated strong decision making ability



II. Product/Technical Acumen



Demonstrated solid understanding of the insurance business, including an understanding of market trends and competitor products;

Commercial Lines or Personal Lines Underwriting, Product, or general industry experience desired.

Applies critical thinking skills to identify key levers and synthesize multiple sources of information.

Strong analytical, problem solving and strategic thinking skills to understand and anticipate the impact and opportunities across multiple disciplines to drive unit-s objectives.

Ability to balance quantitative analysis with competitor behaviors within the marketplace.

Strong organizational, interpersonal, communication, presentation, and project management skills.



III. Organizational Awareness/Influence



Demonstrated understanding of working relationships in Select and across the enterprise;

Expert working in a team and highly collaborative environment. Ability to interact with multiple disciplines to optimize performance;

Effectively predict how new events or situations will affect individuals and groups with in the organization; ability to identify key stakeholders and proactively influence toward optimal outcomes.



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-VP,-Product-Management-(PM1)-Business-Owner-Policies-Job-CT-06101/738704/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-VP,-Product-Management-(PM1)-Business-Owner-Policies-Job-CT-06101/738704/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

2VP, Product Manager III

Job ID:

792731

Location: CT-Hartford

Available Openings:

Committed. Competitive. Constructing our Future.



That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.



JOB COMPONENTS/CRITICAL RESPONSIBILITIES:



I.Leadership/Results



-Accountable for profitable growth for assigned regional/state assignment;

-Build and lead a geographic focused Regional Product Management infrastructure and organization with core accountabilities to develop and implement strategies in assigned geographic territories for Express ;

-Lead, develop & implement:

i.fact based pricing strategies based on actuarial indications, loss analytics, market dynamics and competitor benchmarking;

ii.comprehensive strategies for rate plan management, market management, competitive, environmental and economic analysis that impact pricing strategies and portfolio management of the segment.

-May be accountable for countrywide oversight and direction for specific line of business.



II.Product/Technical Acumen



-Create & analyze data sets which provide actionable insight on how a book of business is performing to optimize profitable growth opportunities for the segment.

-Evaluate performance of state, line and office results, including book of business trends, new business production (including submission flow to hit ratios), retention, and loss/expense experience.

-Evaluate and estimates impact of changes in the local economic, legal and regulatory environment;

-Applies statistical and financial analysis to the planning, performance monitoring and forecasting processes.

-Dissects and manages data at a cellular level to optimize risk selection, market segmentation and competitive position.

-Through effective working relationships with Claim partners, incorporate loss cost, expense and claim intelligence (early performance indicators such as Direct Loss Reporting) into product and pricing strategies to optimize regional profitability and production.



III.Organizational Awareness/Influence



-Work closely and collaborate with Select Actuarial, Field Management and National Product, Express Underwriting, Sales, Operations, Finance and Claims organizations.

-Leverage knowledge, acquisition and sharing of product/tools/processes across the organization, as appropriate.

-Collaborate with National Product and Express Underwriting on the business rules development for new product launches.

-Collaborate with Actuarial and CASD to develop new and/or enhance existing pricing strategies through regular rate adequacy reviews, loss analytics and monitoring of pricing model effectiveness.

-Collaborate with National Product and Express Underwriting on the evaluation of business rule effectiveness and make adjustments as necessary;

-Collaborate in development and evaluation of local sales and marketing initiatives;

-Coordinate and effectively communicate all relevant strategies/changes to key stakeholders;

-Demonstrate the ability to build partnerships with other business groups by maintaining an understanding of Travelers products, services and solutions and initiates discussions with other business units as appropriate.



JOB COMPETENCIES/QUALIFICATIONS



I. Leadership/Results



-Demonstrated results orientation; strong motivational leadership, managerial and change management capabilities;

-Ability to strategically maximize the resources of the regional team toward achievement of desired results;

-Demonstrate emotional intelligence and self awareness in order to lead, coach and mentor; and foster short and long term development of the organization.

-Excellent communication skills; ability to lead team and create group synergy toward achievement of key strategies and objectives; maintain focus on the mission.

-Attract and retain talented, self-driven, energized individuals;

-Ability to create an environment, which fosters a high level of performance, learning, and creativity.

-Ability to handle difficult individuals, groups of people or tense situations with diplomacy and tact; find the best solution to a given problem or disagreement;

-Demonstrated strong decision making ability



II. Product/Technical Acumen



-Demonstrated solid understanding of the insurance business, including an understanding of market trends and competitor products;

-Commercial Lines or Personal Lines Underwriting, Product, or general industry experience desired.

-Applies critical thinking skills to identify key levers and synthesize multiple sources of information.

-Strong analytical, problem solving and strategic thinking skills to understand and anticipate the impact and opportunities across multiple disciplines to drive unit-s objectives.

-Ability to balance quantitative analysis with competitor behaviors within the marketplace.

-Strong organizational, interpersonal, communication, presentation, and project management skills.



III. Organizational Awareness/Influence



-Demonstrated understanding of working relationships in Select and across the enterprise;

-Expert working in a team and highly collaborative environment. Ability to interact with multiple disciplines to optimize performance;

-Effectively predict how new events or situations will affect individuals and groups with in the organization; ability to identify key stakeholders and proactively influence toward optimal outcomes.



In this role, manage profitable growth for one large state or several smaller states.

-Assignments may be less complex but will have accountability for all lines of business.

-May manage support staff of 1-4 people

-Communicates and coordinates strategies with PM2, RVP, Express U/W Director, Sales Director, and RUD as appropriate.

-Interacts consistently and effectively with key functional partners in Actuary, National Product, Express Underwriting, Claim, Sales, Operations and other key constituents.

-Demonstrate ongoing development in product manager competencies, leading to successful expansion of role, as appropriate.



-Focuses on the big picture in a situation and relies on guiding values, facts and intuition to arrive at the best course of action within the confines of the existing business scenario;



-Builds consensus to achieve objectives and reduce margin of error;

-Builds strong business relationships with Select business partners and across the enterprise;

-Engages PM2 to leverage knowledge, acquisition and sharing of product/tools/processes across the organization, as appropriate.

Develop complex analytics: performance metrics, pro-forma profit statements, econometric models based on internal and external assumptions; and other innovative evaluation methods in alignment with key strategies and objectives.

Leads the Business

-Identifies and appropriately shares results, challenges, and issues in a timely and effective manner;

-Translates vision and strategy into actionable plans;

-Embraces change, sets tone and direction and ensures engagement and alignment;

-Drives results- acts with relentless drive setting priorities over activity, setting goals, tracking outcomes and ensuring allocation of resources to deliver most value to unit



Leads Others:

-Maximizes individual and organization performance, holds other accountable; aligns rewards; and creates and sustains a dynamic workplace;

-Maintains high performance standards;

-Accessible to staff.



Leads Self

-Demonstrates self awareness; emotional maturity and learning agility;

-Demonstrates command of the business by communicating appropriately and effectively up, down and across the organization and enterprise;

-Effectively influences those within direct line of sight; seeks appropriate guidance from PM2 to influence outside of direct line of sight;

-Exhibits credibility, conviction and integrity in all actions.



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-2VP,-Product-Manager-III-Job-CT-06101/738706/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-2VP,-Product-Manager-III-Job-CT-06101/738706/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Coverage/Forms Senior Product Analyst/Director

Job ID:

792743

Location: CT-Hartford

Available Openings:

Committed. Competitive. Constructing our Future.



That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.



Job Description Summary:

This is a position responsible for the development, analysis and ongoing maintenance of Personal Insurance (PI) coverage forms, rules and contracts. This position supports Personal Insurance countrywide and state specific product development initiatives, business strategies, compliance and general maintenance activities relative to Auto, Property (Homeowners, Dwelling Fire and Personal Articles) and Umbrella insurance forms, rules, contracts and related policy and non-policy documents. Activities of this position are in support of the National Design & Strategy teams, Product Management state teams, Claims, Operations (Business Centers and Telemarketing), Sales and other PI organizations. Strong communications skills including forms/contract drafting skills, property casualty insurance coverage knowledge, and compliance knowledge are critical to the success of this position.



This position is part of the National Underwriting and Product Services team in PI Product Management.



Job Components:



-Develops, in conjunction with National Design & Strategy teams, PI product and coverage strategies and product development initiatives.

-Implements product & coverage strategies through the creation and/or revisions of coverage forms, rules and contracts. Creates filing documentation and responses for Departments of Insurance.

-Independently creates and/or revises products, coverages, manual rules and contract language. Drafts contract and forms language.

-Analyzes state laws, regulations and other information to determine impacts to forms, rules and contracts.

-Provides coverage analysis expertise & direction for policy forms & related documents.

-Conducts competitor coverage analysis and makes recommendations for coverage and forms strategies.

-Creates side-by-side coverage comparisons for filing documentations and other purposes.

-Contributes to the development of PI coverage philosophy and processes, based on a solid understanding of property/casualty insurance and/or contracts. Understands the impact of such decisions on field constituents such agents, business centers, call centers, field sales and consumers.

-Develops training and marketing materials in order to communicate coverage information. May also assist in onsite training.

-Ensures communications and documentation of coverage philosophies to internal and external customers.

-Serves as a resource for Product Management/State Teams, Claims, Sales, Business Centers, and Underwriting staff for direction and training on the coverage intent and application of PI forms and contract language;

-May represents Travelers as the coverage/contract expert for industry committees such as ISO and AIA.



Job Competencies:

-Demonstrated solid to advanced understanding of Personal Insurance coverages, rules and contracts.

-Expert oral and written communication skills with ability to influence at all levels of the organization

-Attention to detail.

-Leadership, innovation and initiating skills

-Solid understanding of regulatory & compliance issues as well as Department of Insurance filing processes.

-Ability to comprehend and communicate intent of contract language as well as interpret inter-relationships of coverages across contracts/forms.

-Ability to analyze and develop competitive information, understanding changing legal climate and make appropriate coverage recommendations

-Customer-focus orientation (agent and customer).



Qualifications:

-4 year college degree or equivalent work experience.

-Minimum 5 years insurance experience. Desirable: Personal insurance forms/product development, claims or legal experience.

-Strong understanding of insurance products, contracts/coverages, distribution channels, regulatory environment and insurance financials.

-Experienced using Microsoft Office applications: Word, PowerPoint, and Excel.

-Preferred: CPCU, IIA or other recognized insurance designations (examples: CPCU, ARM, CIC)

-Basic knowledge of Impromptu or similar query tool. Ability to collect data from data marts or willingness & ability to develop these skills



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Coverage-Forms-Senior-Product-Analyst-Director-Job-CT-06101/738713/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Coverage-Forms-Senior-Product-Analyst-Director-Job-CT-06101/738713/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Product Manager II

Job ID:

792800

Location: CT-Hartford

Available Openings:

Committed. Competitive. Constructing our Future.



That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.



JOB COMPONENTS/CRITICAL RESPONSIBILITIES:



I.Leadership/Results



-Accountable for profitable growth for assigned regional/state assignment;

-Build and lead a geographic focused Regional Product Management infrastructure and organization with core accountabilities to develop and implement strategies in assigned geographic territories for Express ;

-Lead, develop & implement:

i. act based pricing strategies based on actuarial indications, loss analytics, market dynamics and competitor benchmarking;

ii. comprehensive strategies for rate plan management, market management, competitive, environmental and economic analysis that impact pricing strategies and portfolio management of the segment.

-May be accountable for countrywide oversight and direction for specific line of business.



II.Product/Technical Acumen



-Create & analyze data sets which provide actionable insight on how a book of business is performing to optimize profitable growth opportunities for the segment.

-Evaluate performance of state, line and office results, including book of business trends, new business production (including submission flow to hit ratios), retention, and loss/expense experience.

-Evaluate and estimates impact of changes in the local economic, legal and regulatory environment;

-Applies statistical and financial analysis to the planning, performance monitoring and forecasting processes.

-Dissects and manages data at a cellular level to optimize risk selection, market segmentation and competitive position.

-Through effective working relationships with Claim partners, incorporate loss cost, expense and claim intelligence (early performance indicators such as Direct Loss Reporting) into product and pricing strategies to optimize regional profitability and production.



III.Organizational Awareness/Influence



-Work closely and collaborate with Select Actuarial, Field Management and National Product, Express Underwriting, Sales, Operations, Finance and Claims organizations.

-Leverage knowledge, acquisition and sharing of product/tools/processes across the organization, as appropriate.

-Collaborate with National Product and Express Underwriting on the business rules development for new product launches.

-Collaborate with Actuarial and CASD to develop new and/or enhance existing pricing strategies through regular rate adequacy reviews, loss analytics and monitoring of pricing model effectiveness.

-Collaborate with National Product and Express Underwriting on the evaluation of business rule effectiveness and make adjustments as necessary;

-Collaborate in development and evaluation of local sales and marketing initiatives;

-Coordinate and effectively communicate all relevant strategies/changes to key stakeholders;

-Demonstrate the ability to build partnerships with other business groups by maintaining an understanding of Travelers products, services and solutions and initiates discussions with other business units as appropriate.



JOB COMPETENCIES/QUALIFICATIONS



I. Leadership/Results



-Demonstrated results orientation; strong motivational leadership, managerial and change management capabilities;

-Ability to strategically maximize the resources of the regional team toward achievement of desired results;

-Demonstrate emotional intelligence and self awareness in order to lead, coach and mentor; and foster short and long term development of the organization.

-Excellent communication skills; ability to lead team and create group synergy toward achievement of key strategies and objectives; maintain focus on the mission.

-Attract and retain talented, self-driven, energized individuals;

-Ability to create an environment, which fosters a high level of performance, learning, and creativity.

-Ability to handle difficult individuals, groups of people or tense situations with diplomacy and tact; find the best solution to a given problem or disagreement;

-Demonstrated strong decision making ability



II. Product/Technical Acumen



-Demonstrated solid understanding of the insurance business, including an understanding of market trends and competitor products;

-Commercial Lines or Personal Lines Underwriting, Product, or general industry experience desired.

-Applies critical thinking skills to identify key levers and synthesize multiple sources of information.

-Strong analytical, problem solving and strategic thinking skills to understand and anticipate the impact and opportunities across multiple disciplines to drive unit-s objectives.

-Ability to balance quantitative analysis with competitor behaviors within the marketplace.

-Strong organizational, interpersonal, communication, presentation, and project management skills.



III. Organizational Awareness/Influence



-Demonstrated understanding of working relationships in Select and across the enterprise;

-Expert working in a team and highly collaborative environment. Ability to interact with multiple disciplines to optimize performance.

-Effectively predict how new events or situations will affect individuals and groups with in the organization; ability to identify key stakeholders and proactively influence toward optimal outcomes.



In this role, you will be responsible for profitable growth of multiple regions.

-Provide thought leadership for organization and ability to provide high level of influence within and across business unit

-Strong leadership skills; required to manage team of product managers and staff of MD and analysts.

-Strategic orientation, general management with ability to understand current marketplace, conceptualize current/future environment and anticipate conditions to develop proactive strategies to optimize current/future opportunities across all lines of business

-Ensure alignment of territory strategies, develop best practices and from product and regional dimension

-Accountable for country wide oversight and direction for specific line of business; including development of best practices and approach.

-In depth knowledge/experience in managing multiple product lines.

-Work collaboratively with Regional Vice Presidents, Actuarial, National Product, Express Underwriting, Claim, Operations, Sales and other key constituencies as necessary.

-Ability to effectively communicate to senior management.

-Establish relationships and partnerships across key constituencies within the enterprise to facilitate and leverage synergies and ensure optimization

-Translates vision into realistic business strategies;

-Analyzes the most complex issues to develop creative solutions and mobilize resources to achieve results;

-Identifies opportunities to develop new products and markets.

-Possesses the organizational savvy to successfully navigate and influence in a highly matrixed organization with integrity, effectiveness and respect;

-Successfully resolves conflict on the most complex and high impact issues.

-Mentors and coaches PM2 and others to ensure leverage of knowledge, acquisition and sharing of product/tools/processes across the organization, as appropriate.



Leads, manages and understands utilization of innovative multivariate modeling and data mining methods to ensure alignment with key strategies and objectives.



Continuously evaluates and challenges methods upon which data is reviewed, analyzed and shared; effectively leads change if/as appropriate.



Leads the Business:

-Executes business strategy aligning vision and translating into actionable plans.

-Leads change and sets tone and direction and ensures engagement and alignment.

-Drives results- acts with relentless drive setting priorities over activity, setting goals, tracking outcomes and ensuring allocation of resources to deliver most value to unit



Leads Others: attracts top talent, maximizes individual and organization performance, holds other accountable; aligns rewards; and creates and sustains a dynamic workplace.



Leads Self:

-Demonstrates self awareness and emotional maturity and learning agility.

-Communicates effectively and able to influence those within or outside of direct line of sight;

-Exhibits credibility and conviction & integrity in all actions.



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Product-Manager-II-Job-CT-06101/738753/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Product-Manager-II-Job-CT-06101/738753/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS