http://careers.travelers.com/go/Connecticut-Economics-Jobs/151653/ View Connecticut Economics Jobs at Travelers Tue, 09 Feb 2010 23:02:14 GMT en-us /view/client/travelers/images/home_logo.gif http://careers.travelers.com/go/Connecticut-Economics-Jobs/151653/ 720
Job Title:

Product Pricing Development Program Internship

Job ID:

791139

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.



Product Pricing Development Program Internship



The Program



As a Product Pricing Development Program Intern you will play an integral role in the Product Management Organizations of Travelers!



Product Management provides interns with the opportunity to participate in a wide variety of fast paced projects and trainings.



Interns are assigned to a specific Product Management Team throughout the summer. Supervisors on the team will provide interns with a variety of projects while teaching the ins and outs of Personal Insurance and Business Insurance-Select Accounts.



In addition to project assignments, you will participate in technology, insurance, and leadership trainings, a mentor program, executive speaker and networking events, and Capstone Projects and presentations. All our internships are designed to be developmental, and top performers will be given the opportunity to interview for full-time positions upon graduation.



Internship



As a Product Management intern your responsibilities may include:



1. Applying various actuarial concepts to calculate rate indications and other statistical data to make recommendations for adequate pricing of products

2. Preparing pricing support models and templates

3. Analyzing the marketplace first hand, as well as through competitor and industry data

4. Quantifying the impact of pricing and underwriting decisions

5. Participating in the negotiation of pricing decisions with various distribution channels

6. Responding to Department of Insurance inquiries

7. Building and monitoring local agency strategy and performance

8. Participating in knowledge sharing and group development activities with peers



Requirements



Undergraduates studying for degrees in Risk Management Insurance, Finance, Economics, Mathematics, Actuarial Science, Computer Science, Engineering, Accounting and/or Statistics with a preferred GPA of 3.2 or greater



Experience with MS Access or Excel is a plus.



Ideal candidates will have the ability to deal with concepts and complexity comfortably, and the ability to drill down information and draw conclusions.



We are looking for individuals that want to grow with us. If you are looking for a fulfilling training and development experience, this program is for you!



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Product-Pricing-Development-Program-Internship-Job-CT-06101/620447/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Product-Pricing-Development-Program-Internship-Job-CT-06101/620447/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Actuary - Reserving and Loss Analytics

Job ID:

791243

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:

Provide analytical leadership in assigned actuarial unit, providing analytical insights to Actuarial leadership and Business unit partners. This position will require leading some analytical and product initiatives and contributing on Unit-wide initiatives with emphasis on critical thinking, relationship management, and quantitative analysis. Provides people leadership and management.



Primary Duties and Responsibilities:

Job Components (may include but are not limited to):

- Recommend & book reserves. Communicates with Finance and appropriate units.

- Evaluate adequacy of loss, ALAE, and ULAE reserves.

- Identify loss trends

- Obtain detailed knowledge of key business partners including Claim, Underwriting, and

Pricing Actuaries, competitors; Able to leverage business knowledge in development

of analytic solutions.

- Forecast and interpret underwriting results to aid management in planning process.

Analyze and interpret trends.

- Execution of analytical strategy and building relationships with actuarial and nonactuarial

partners are required.

- Ability to work independently and collaboratively on team projects.

- Effective communication with actuarial and business audiences regarding insights

from performed analytics. This position has responsibility for executing and

communicating actuarial initiatives performed on behalf of unit.

- Develops complex insurance analytics and solves problems: performance-based

metrics, data mining, pro-forma profit statements, econometric models based on

internal and external assumptions; and other innovative analytics methods. Able to

understand the basics of sophisticated analytics, including multivariate modeling.

- Enhances current procedures and creates new models to create world class analytics

- Leads others, attracts top talent, maximizes individual and team performance, and

holds others accountable and aligns rewards.

- Jointly developing personal performance goals with each staff member, providing

consistent feedback and coaching, and overall team skill development.

- Obtain detailed knowledge of company reports and business analytics

- Working with Underwriting, Senior Management, Reserving, Reinsurance and the

Financial unit, develop financial business plans and business strategies.

- Manage or participate in key/complex actuarial projects, including cross-company

actuarial initiatives.

- Present projects to senior level underwriting and actuarial management.

- Drives projects to their successful conclusion and communicates results.



Education / Work Experience:

- College Degree in actuarial science, mathematics, economics or statistics or

equivalent.

- Prior management experience

- Preferably has achieved Fellowship (9 exams).

- Strong PC skills: Excel, Access, PowerPoint & Word.

- Strong understanding of databases and data extraction.



Other:

- Demonstrate strong actuarial analysis and reporting skills.

- Strong understanding of actuarial and other insurance related models (i.e. property

CAT, ROE and RBC models).

- Solid understanding of financial reporting, both GAAP and Stat. Sound understanding

of income statements and balance sheets.

- Experience with financial modeling and forecasting.

- Strong understanding of insurance products and marketplace conditions and how

they impact financial models and results.

- Strong understanding of regulatory environment.

- Crisp and confident communications including analysis



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Actuary-Reserving-and-Loss-Analytics-Job-CT-06101/626110/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Actuary-Reserving-and-Loss-Analytics-Job-CT-06101/626110/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Sr. Consultant Advanced AnalyticsSelect - Business Intelligence & Analytics

Job ID:

788934

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:

-Provides technical and quantitative analysis for the Select Business Intelligence Analytics group.

-Assists in predictive modeling, forecasting, optimization and other modeling and research by applying advanced statistical concepts with guidance from senior staff.

-Consults with business partners to understand analytic needs, and either collaborates with partners to complete analytic projects or enables partners to complete projects themselves.

-Uses computer technology, computer modeling, spreadsheet applications, software tools and programming languages.

-Models and analyzes statistical data and develops reports, spreadsheets and databases.

-Designs, writes and tests computer programs in model building.



PRIMARY DUTIES:



-Conduct statistical modeling and research.

-Interpret data and identify correlations using both univariate and multivariate analysis.

-Consult with business partners on issues requiring analysis including interaction ranging from training sessions, meeting facilitation, hypothesis generation and joint analysis of results.

-Communicate insights and findings with appropriate context to a broad array of customers and stakeholders.

-Participate in and take responsibility for analytic projects including overall design, analytical approach, mathematical calculations and technical implementation.

-Support the creation of an analytic culture across Select by participating in or taking responsibility for analytic tool training (e.g. data visualization tools), analytic user groups, and helping business partners discover the value of information in an unbiased, scientific manner.

-Provide front-line user support and assist business partners with sourcing training for advanced analytics tools.

-Perform programming in SAS, Excel, Access or company software to perform modeling activities.

-Offer recommendations to improve analyses.

-Participate in discussions regarding business strategy.



WORK EXPERIENCE:



Either 3 to 5 years statistical modeling experience or advanced statistical (or related) degree with 1 to 3 years of work experience



Solid understanding of database principles



Strong experience in quantitative analysis



Strong time management skills (works well with somewhat limited guidance)



Basic understanding of predictive modeling statistical methods



CERTIFICATES/DEGREES:



College degree in statistics, mathematics, economics, finance, actuarial science or equivalent



COMMUNICATION SKILLS:



Effective verbal and written communication skills



COMPUTER SKILLS:



Solid understanding of computers, SAS, Excel spreadsheets, Word and database software



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/Hartford-Sr_-Consultant-Advanced-Analytics-Select-Business-Intelligence-&-Analytics-Job-CT-06108/468993/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/Hartford-Sr_-Consultant-Advanced-Analytics-Select-Business-Intelligence-&-Analytics-Job-CT-06108/468993/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Economist

Job ID:

791525

Location: CT-Hartford;MN-St. Paul

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.



Position: Middle Market Actuarial Loss Analytics - Economist



Summary

This position provides a challenging and exciting leadership opportunity to join the Travelers Middle Market Actuarial unit. The Travelers Middle Market organization is a significant part of Travelers Business Insurance and is comprised of 8 distinct businesses with gross premium in excess of $5 billion. Travelers Business Insurance wrote $12.6 billion in gross premiums and generated $2.3 billion in operating income for 2008.



This position is responsible for pioneering the integration of advanced econometric modeling in the development of ultimate loss estimates for all lines of business and all business units within Middle Market. This role is part of the newly formed Loss Analytics unit of Middle Market Actuarial and will report directly to the Middle Market Loss Analytic Lead Actuary. This role will require close working relationships with the Business, Product and Data units within Middle Market Actuarial, as well as the business leadership outside of Middle Market Actuarial.



The Loss Analytics unit is responsible for developing unbiased estimates of the ultimate loss associated with products sold. Additionally, this unit is responsible for delivering leading indicators and business intelligence to Middle Market and Actuarial Senior Leadership. The understanding of loss content changes will include an analysis of external econometric and legal indices and of internal claim process changes. Loss content estimates will be made at various levels including: line of business, business unit, product, coverage, industry, region and state. The knowledge and analytics developed in the loss analytic process will be leveraged as the basis for making loss reserve estimates.



As the leader of the Loss Analytics economic modeling efforts, this position is responsible for the execution of the responsibilities listed below.



Specific Responsibilities:

Lead the Development of Econometric Analyses in Middle Market

Identify key econometric drivers of covered insurance losses for all lines of business. Collaborate with Loss Analytic actuaries to measure the impact of economic drivers and implement processes to measure, monitor and reflect the impact of a changing economic environment. Closely related to this analytical role is the effective communication of findings and the delivery of clear, actionable business intelligence to Middle Market Senior Management.



The core responsibilities of the Loss Analytic unit include:

1) Research and identify key econometric measures that demonstrate a correlation with business insurance losses;

2) Work with actuarial colleagues to quantify the impact of changes in key economic drivers;

3) Identify and utilize external econometric and legal indices in the loss estimation process;

4) Recognize how external influences may affect the claim, underwriting and other internal functions;

5) Understand and leverage data and analytics from across Middle Markets and the Enterprise;

6) Research and identify unique economic trends of specific industry segments and work with actuaries and business professionals to evaluate their impact on results;

7) Develop an understanding of the loss estimation process and various functions within the insurance organization;

8) Communicate and educate actuarial and business leaders on the dynamics of the economic environment and its impact on ultimate loss.



General Responsibilities

1) Apply advanced statistical concepts and data analysis methods in innovative research and modeling;

2) Independently work on projects but may direct additional analysts as required;

3) Assist in developing new approaches to business problems using advanced statistical techniques and indentifying new ways to apply statistical methodologies;

4) Some potential research topics include:

a. Examination of the impact of unemployment on covered losses (ex Workers Compensation claims);

b. Identifying correlations of inflationary metrics and insurance loss severity;

c. Identification of key cost drivers for medical costs, lost wages and other major cost components of Workers Compensation and Bodily Injury claims;

d. Evaluation of the impact of regulatory/law changes in key jurisdictions and its impact on lawsuits affecting claim frequency and severity;

e. Explore the impact of changing economic conditions and insured claim filing behavior.



Qualifications

1) Highly developed strategic, critical thinking, and relationship management skills.

2) Highly developed analytical and problem solving skills. Able to perform credible analyses using sound judgment and reasoning to draw conclusions leading to the selection of the best solution from a review of strategic alternatives.

3) Work effectively both independently and in a team environment.

4) Collaborate effectively with multiple customers in multiple locations.

5) Excellent written and oral communication skills. Demonstrated ability to present subjects clearly to both technical and non-technical audiences.

6) Develop effective working relationships with colleagues across Middle Markets and Actuarial.

7) Work effectively on several concurrent efforts.

8) Positive, achievement oriented attitude.

9) A wide degree of creativity and latitude is expected.

10) Well-organized and detailed-oriented.

11) 5 or more years of applied econometric analysis experience in an insurance company or similar business environment.

12) Strong understanding of mathematics and statistical concepts.

13) Advanced degree (MA/PhD) in economics or related discipline.



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Economist-Job-CT-06101/645050/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Economist-Job-CT-06101/645050/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Statistician, Research & Modeling

Job ID:

791521

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:

Provides a high level of data mining, research and predictive modeling to achieve company objectives for profitability and growth.

Apply advanced statistical concepts and data analysis methods in innovative research and modeling.

Independently works on projects and may direct 1-2 analysts on project work.

Assists in developing new approaches to business problems using advanced statistical techniques.

Assists in researching new ways of using statistical methodologies.



PRIMARY DUTIES:

Conduct research and predictive modeling.

Interpret data and identify correlations using both univariate and multivariate analysis.

Offer recommendations to improve analyses.

Investigate and assist in data analysis.

Assist in summarizing results.

Perform programming in SAS, Excel, Access or company software to perform modeling activities.

Engage in independent research.

Oversee limited projects involving predictive modeling staff.

Bring new ideas on statistical techniques and their application to the business.



WORK EXPERIENCE:

Either 5+ years of research and/or predictive modeling or 3+ years of modeling along with insurance experience.

Demonstrated ability in statistical modeling and data mining techniques (GLM, clustering, decision trees, etc).

Basic understanding of insurance related modeling and data a plus

Basic project management skills.

Basic understanding of accounting principles and understanding of financial reporting.



CERTIFICATES/DEGREES:

Advanced degree in statistics, mathematics, operations research, economics, engineering or professional actuarial designation. PhD is a plus.



COMMUNICATION SKILLS:

Effective communication skills.



COMPUTER SKILLS:

Excellent understanding of computers, programming, SAS, Excel spreadsheets, Word and database software.



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Statistician,-Research-&-Modeling-Job-CT-06101/674392/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Statistician,-Research-&-Modeling-Job-CT-06101/674392/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Senior Consultant, Research & Modeling

Job ID:

791522

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:

Provides technical and quantitative analysis for predictive modeling group.

Brings business and insurance knowledge to mathematical problems.

Assists in statistical data mining and other actuarial research by applying advanced statistical concepts with guidance from senior predictive modeling staff.

Uses computer technology, computer modeling, spreadsheet applications, software tools and programming languages.

Models and analyzes statistical data and develops reports, spreadsheets and databases.

Designs, writes and tests computer programs in model building.



PRIMARY DUTIES:

Conduct research and predictive modeling.

Interpret data and identify correlations using both univariate and multivariate analysis.

Prepare responses to inquiries from business areas.

Investigate and assist in data analysis.

Assist in summarizing results.

Perform programming in SAS, Excel, Access or company software to perform modeling activities.

Offer recommendations to improve analyses.

Participate in discussions regarding underwriting strategy.



WORK EXPERIENCE:

Either 3 to 5 years insurance experience or advanced statistical (or related) degree with 1 to 3 years of work experience

Solid understanding of database principles

Strong experience in quantitative analysis

Strong time management skills (works well with somewhat limited guidance)

Basic understanding of predictive modeling statistical methods



CERTIFICATES/DEGREES:

College degree in statistics, mathematics, economics, finance, actuarial science or equivalent



COMMUNICATION SKILLS:

Effective communication skills



COMPUTER SKILLS:

Solid understanding of computers, Excel spreadsheets, Word and database software

Basic understanding of programming (any language) as well as aptitude and desire to learn SAS



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Senior-Consultant,-Research-&-Modeling-Job-CT-06101/674393/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Senior-Consultant,-Research-&-Modeling-Job-CT-06101/674393/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

CMI Warehouse Production Lead

Job ID:

791916

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 offers an exciting opportunity for the right individual to join a progressive organization responsible for supporting the future analytic needs within the Business Insurance division. The data to support these growing analytic needs will be stored in the Commercial Management Information (CMI) Warehouse. The CMI Warehouse project is a multi year, multi phase development effort that will build the information foundation to support numerous informational and analytical capabilities.



The CMI Business Production team is a business team responsible for the operational support of the CMI warehouse. This team is responsible for guaranteeing the business community properly understands how to harness the power of the data contained within the warehouse. This team serves as data subject matter experts and is responsible for partnering with IT to ensure the success of our monthly production versions. The ratemaking database, which collects data for actuarial analysis, is supported by this team.



The CMI Warehouse Production Lead position is a leadership role responsible for the daily direction of the CMI Business Production team. This leadership role reports to the 2nd VP of Shared Business Intelligence and works closely with our CMI Development teams, IT teams and VP of Shared Business Intelligence Data Management.



PRIMARY DUTIES/RESPONSIBILITIES:

The focus of this position will be to support the business community-s analytic needs, specifically making sure they understand how to leverage the potential of the CMI Warehouse. Additionally, this position will lead a team responsible for production and enhancements of the CMI Warehouse. The CMI Business Production team responsibilities will grow as more and more deliverables move from development to production. This position will:



- Work with business/MI community to understand how CMI Warehouse can satisfy their current and future business intelligence needs.

- Work with business and IT to create and maintain CMI Warehouse data training and user documentation libraries.

- Drive specifications and issue resolution in support of monthly production versions. Partner with IT in the analysis and design of solutions to ensure requirements are met.

- Identify, analyze and/or resolve CMI Warehouse related data issues.

- Partner with IT QA group in the signoff of deliverables.

- Participate in monitoring controls for ongoing data loads into the warehouse.

- Manage Ratemaking database production and enhancement responsibilities.

- Identify and help prioritize enhancements for scheduled versions for both CMI Warehouse and Ratemaking.

- Manage or participate in complex data related projects as needed

- Lead, coordinate and facilitate various business user groups



WORK EXPERIENCE:

- 5+ years background as a data analyst, business analyst, management information analyst or equivalent position in the insurance industry required.

- Exposure or familiarity with commercial insurance, both claim and policy data is desired but not required.

- Exposure or familiarity legacy Travelers and/or St. Paul claim or management information systems or data is desired but not required.

- Experience with data warehouse structures, initiatives and terminology desired

- Demonstrated experience with SQL, Access or similar software

- Management experience desired but not required.



OTHER:

- Ability to effectively direct the work of others

- Ability to forge strong working relationships

- Ability to work well under pressure and independently

- Clearly demonstrates sense of urgency

- Takes ownership of problems and develops sound solutions

- Able to research business situations, identify areas of concern and present solutions

- Sound knowledge of business/financial systems and processes

- Sound knowledge in business/financial analysis, accounting and or statistical reporting

- Ability to collaborate effectively with multiple customers in multiple locations.

- Experience in developing new and improving existing procedures, policies and ensure compliance with approved standards.

- Good written and oral communication skills. Demonstrated ability to present subjects clearly to both technical and non-technical audiences.

- Demonstrates advanced analytical and diagnostic skills dealing with issues that are not readily defined.

- Able to concisely present complex systems issues.

- Develops strong staff that is technically competent and characterized by a high level of coordination and trust.

- Has a broad understanding of capabilities and direction of technology, coupled with an in-depth knowledge of the technology required and the needs of business environment necessary to support assigned projects.

- Bases decisions on an accurate understanding of the situation, is able to infer future needs of known and unprecedented situations based on an advanced understanding of technology and business objectives

- College degree in actuarial science, mathematics, economics, finance, statistics, computer science or equivalent in experience.



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-CMI-Warehouse-Production-Lead-Job-CT-06101/677664/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-CMI-Warehouse-Production-Lead-Job-CT-06101/677664/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Actuary Associate

Job ID:

791938

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 on the Select Actuarial Commercial Auto team. The position will report to the Auto Line lead actuary. Will oversee and be directly involved in the semi-annual production and presentation of rate adequacy and annual planning exercise. Assists with the development and implementation of rates, rating plans, pricing strategies, and financial forecasts to achieve the company objectives for profitability and growth. Services provided include: evaluation of existing rate levels and rate structures, individual accounts pricing, design of rating plans and dividend plans; forecasting and interpretation of underwriting results; and the maintenance of a data base uniquely suited to the analysis of pricing issues. Manages or participates in key projects. Provides advice and direction to less experienced staff. Will have supervisory responsibilities.



PRIMARY DUTIES:

Manage rate adequacy and planning process.

Assist is the development and implementation of sound rates and rating plans or models.

Assist in the development and pricing of new products.

Provide analysis of trends, factors or issues impacting Underwriting results.

Work with regulatory unit to make filings.

Prepare statistical studies to meet underwriting strategies and reserve analysis needs.

Produce estimates of our loss and loss expense liabilities.

Assist in the forecasting and interpretation of underwriting results to aid management in planning process. Analyze and interpret trends.

May participate in discussions regarding underwriting strategy.

Execute directed strategy or recommend strategy to improve profitability of the business.

Assist in the development of data retrieval, categorization, and reporting systems.

Work with IT on modeling,developing, testing and integrating new systems or technoligies.

Assist in putting together recommendations for Business Unit Leadership.

Assist with the implementation of actions decided upon through research.

May work with predictive modeling concepts and monitor, maintain and enhance current models.

Manage or participate in key actuarial projects.

Present projects to underwriting and actuarial management.

Develop and motivate staff to achieve technical excellence and ensure effective performance.



EDUCATION/COURSE OF STUDY:

Has achieved Associateship (7 exams).



WORK EXPERIENCE:

Generally has 4 to 7 years of Actuarial experience.

Prior management experience preferred.

Demonstrated solid actuarial analysis and reporting skills.

Solid understanding of insurance products and industry.

Experience with rate adequacy and planning processes preferred.



CERTIFICATES/DEGREES:

College Degree in actuarial science, mathematics, economics or statistics or equivalent.



COMPUTER SKILLS:

Strong PC skills. Excel, Access, PowerPoint and Word. SAS and Cognos experience is a plus. Sound understanding of data bases and data extractions.



Recruiter: Danielle Snyder, 1MN



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Actuary-Associate-Job-CT-06101/693789/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Actuary-Associate-Job-CT-06101/693789/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Senior Consultant, Research & Modeling

Job ID:

791667

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:

Provides technical and quantitative analysis for predictive modeling group.

Brings business and insurance knowledge to mathematical problems.

Assists in statistical data mining and other actuarial research by applying advanced statistical concepts with guidance from senior predictive modeling staff.

Uses computer technology, computer modeling, spreadsheet applications, software tools and programming languages.

Models and analyzes statistical data and develops reports, spreadsheets and databases.

Designs, writes and tests computer programs in model building.



PRIMARY DUTIES:

Conduct research and predictive modeling.

Interpret data and identify correlations using both univariate and multivariate analysis.

Prepare responses to inquiries from business areas.

Investigate and assist in data analysis.

Assist in summarizing results.

Perform programming in SAS, Excel, Access or company software to perform modeling activities.

Offer recommendations to improve analyses.

Participate in discussions regarding underwriting strategy.



WORK EXPERIENCE:

Either 3 to 5 years insurance experience or advanced statistical (or related) degree with 1 to 3 years of work experience

Solid understanding of database principles

Strong experience in quantitative analysis

Strong time management skills (works well with somewhat limited guidance)

Basic understanding of predictive modeling statistical methods



CERTIFICATES/DEGREES:

College degree in statistics, mathematics, economics, finance, actuarial science or equivalent



COMMUNICATION SKILLS:

Effective communication skills



COMPUTER SKILLS:

Solid understanding of computers, Excel spreadsheets, Word and database software

Basic understanding of programming (any language) as well as aptitude and desire to learn SAS



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Senior-Consultant,-Research-&-Modeling-Job-CT-06101/671700/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Senior-Consultant,-Research-&-Modeling-Job-CT-06101/671700/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS
Job Title:

Statistician, Research and Modeling

Job ID:

792661

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:

Provides a high level of data mining, research and predictive modeling to achieve company objectives for profitability and growth.

Apply advanced statistical concepts and data analysis methods in innovative research and modeling.

Independently works on projects and may direct 1-2 analysts on project work.

Assists in developing new approaches to business problems using advanced statistical techniques.

Assists in researching new ways of using statistical methodologies.



PRIMARY DUTIES:

Conduct research and predictive modeling.

Interpret data and identify correlations using both univariate and multivariate analysis.

Offer recommendations to improve analyses.

Investigate and assist in data analysis.

Assist in summarizing results.

Perform programming in SAS, SQL, Excel, Access or company software to perform modeling activities.

Engage in independent research.

Oversee limited projects involving predictive modeling staff.

Bring new ideas on statistical techniques and their application to the business.



WORK EXPERIENCE:

Either 5+ years of research and/or predictive modeling or 3+ years of modeling along with insurance experience.

Demonstrated ability in statistical modeling and data mining techniques Basic understanding of insurance related modeling and data a plus

Basic project management skills.



CERTIFICATES/DEGREES:

Advanced degree in statistics, mathematics, operations research, economics, engineering or professional actuarial designation. PhD is a plus.



COMMUNICATION SKILLS:

Effective communication skills.



COMPUTER SKILLS:

Excellent understanding of computers, programming, SAS, SQL, Excel spreadsheets, Word and database software.

R or S-Plus programming experience is a plus.



Travelers is an equal opportunity employer. We actively promote a drug-free workplace.]]> http://careers.travelers.com/job/HARTFORD-Statistician,-Research-and-Modeling-Job-CT-06101/728938/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS http://careers.travelers.com/job/HARTFORD-Statistician,-Research-and-Modeling-Job-CT-06101/728938/?utm_source=J2WRSS&utm_medium=rss&utm_campaign=J2W_RSS