Senior Analyst, Product Management (Property & Casualty Insurance)

Who Are We?

Solid reputation, passionate people and endless opportunities. That’s Travelers. 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.

Target Openings

1

What Is the Opportunity?

Within the Product team at Travelers, you will have the opportunity to regularly engage in unique and intellectually stimulating business problems. As a Senior Analyst, Product Management, you will manage the growth and profitability for a province(s), product, or line of business. You will analyze complex business problems and propose fact-based solutions with consideration of internal and external trends to achieve business objectives. By collaborating with partners across the organization you will ensure strategic direction and alignment for successful execution.

What Will You Do?

• Independently conduct and understand data analysis of business results including product refreshes, performance expectations and identifying root cause.
• Formulate and execute potential recommendations to drive desired growth and profitability impacts based on established strategy with consideration for local regulatory nuances, and broader marketplace dynamics.
• Present, inform and influence recommendations to business partners including proposed product/pricing changes or new product builds.
• May function as a subject matter expert in strategic initiatives to support the goals and objectives of the broader organization.
• May coach and mentor on specific projects.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelor’s degree in Business Management/Administration, Mathematics, Finance, Actuarial Science, Economics, or other analytics related field.
• Three years’ experience working in a mathematical, analytical, or data related role preferably in the financial services industry.
• Experience with competitive analysis tools.
• Strategic thinker with the ability to use sound judgment to resolve issues as they arise.
• Excellent communication skills with the ability to consult and present information effectively.
• Strong data analysis skills with the ability to interpret trends and provide insights and recommendations to business partners.
• Knowledge of pricing and actuarial techniques and understanding of actuarial concepts such as loss development and trending.
• Understand ratemaking and its application, such as profitability, risk loads, etc.
• Understand the workflow and terminology of insurance products and processes and their impact on profit and loss.

What is a Must Have?

• Bachelor’s Degree or equivalent combination of education and experience.
• Two years of experience in data analytics or similar work experience.

What Is in It for You?

• Health Insurance: Employees and their eligible family members – including spouses, partners, and children – are eligible for coverage from the first day of employment.
• Retirement: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan (“DPSP”). Travelers also matches your savings plan contribution dollar-for-dollar up to 5% of base pay.
• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off (“PTO”) annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year. You will also receive twelve paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. 

We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.