Job Description

Hartford, Connecticut

Who Are We?

Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range

$71,900.00 - $118,700.00

Target Openings

1

What Is the Opportunity?

The Consultant, Actuarial and Analytics is an entry level analytic role that encompasses the personal ownership of operational assignments and support of strategic assignments which may include reserving, rate making, pricing, planning/forecasting, project management and research. The individual in this role is expected to be a strong team player, have a strong desire to learn and develop, and be a strong contributor within assigned team and on assigned projects.

This position is within Rate Development supporting the General Liability line, Property line, and Countrywide Initiatives. This employee will execute the OMNI GL filing schedule and Countrywide Initiatives.

Specific responsibilities include: Manage capacity (queue) for base rate (yearly plan) rate/rule filings, as well as the development, submission, negotiation and approval of rate, rule and form filings. Provide support to business units on filing related issues and coordinates interaction with business unit representatives, Product, Legal, Government Affairs, and other areas to assure appropriate individuals are involved during the course of a filing. Provide status to management and other ad hoc tasks.

What Will You Do?

Strategy:

• May participate on strategic projects with execution responsibility for assigned project sub-components.
• Recommend and execute solutions for assigned project sub-components to resolve challenges of an initiative.
• Execute work thoughtfully and efficiently as a team member to improve project team performance and timelines.
• This position may participate on cross-unit initiatives.

Operational:

• Refresh basic actuarial and analytic analyses with supervision.
• Support unit initiatives.
• May identify and create process efficiencies within assignments.
• Provide support as necessary for initiatives across the Enterprise within the scope of influence.

Communication:

• Communicates progress, findings and results to manager.
• Communicates technical topics to primary working group.
• Understands actuarial, analytical and financial discussions and participates in the conversation during meetings.
• Provides formal written communication such as memos or presentations with supervision and support.

Talent:

• May be a mentor or resource for less experienced analytic talent within Segment.
• Onboard new employees and interns in unit.
• Support various training and skill development initiatives across assigned Segment.
• May provide support for recruiting efforts.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• 1 or more Actuarial exams preferred.
• College degree in STEM related field.
• Strong PC skills (MS Office), basic programming skills (eg. SQL, SAS).
• Related internship or prior work-related experience.

Leadership:

• Initial development of Leading Self, exhibiting self-awareness and seeking opportunities to learn while also starting to manage ambiguity.
• Initial development of Leading Others, including mentoring/training team members.

Business Acumen:

• Has an understanding and knowledge of a few basic key business drivers and disciplines such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.
• Able to effectively utilize this business knowledge in developing analytic solutions.
• Has a limited perspective of foundational areas of the industry and developing trends such as: technology, analytic methodology, products and performance of competitors.

Relationship Management:

• Able to develop working relationships with primary working group.
• Generate and share ideas with primary working group when prompted.

Quantitative Analysis:

• Able to use appropriate tools to compile and analyze data.
• Perform basic-level analytics with guidance.

What is a Must Have?

• Bachelors Degree or equivalent experience required.

What Is in It for You?

• Health Insurance : Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
• Retirement:  Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
• Paid Time Off:  Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine 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 believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results. 

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

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 .

The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $25 billion in 2010.

Job Tags

Holiday work, Local area,

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