Director - Corporate Actuarial - Reserving Analytics job in Hartford
Hartford, Connecticut - CT The Travelers Indemnity Company
Job Ref: | R-36180 |
Employer: | The Travelers Indemnity Company |
Sector: | P&C/General Insurance/Non-Life |
Qualifications: | Senior Qualified Actuary |
Software: |
SQL
SAS |
Job Type: | Full Time |
Salary and Benefits: | $127,900 - $211,100 per year |
Remote: | Yes |
Location | |
Country: | United States |
State/Province/County: | Connecticut - CT |
City: | Hartford |
Post Code: | Not specified |
Map: | |
Description | |
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. Job Category Actuarial 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 $127,900.00 - $211,100.00 Target Openings 1 What Is the Opportunity? What Is the Opportunity? The Corporate Actuarial team is looking for a curious, organized, and motivated individual to join our team. This is a new position to Corporate Actuarial with a goal of furthering our analytic capabilities of the loss analytics & reserving function at Travelers. This role will collaborate with different business functions including the team in Corporate Actuarial, the reserving teams in the business segments (BI, PI, BSI, Intl), ERM, Legal, Audit, and senior actuarial management. This role will be a valuable resource as we invest in new analytic approaches and capabilities that aim to deepen the loss reserve insights that we are able to provide to the business. Ideal candidates will have familiarity with traditional reserving methods and approaches, strong critical thinking skills, an analytic curiosity with a willingness to test and learn new techniques and approaches, a strong technical background, and the ability to drive projects forward independently. Strong communication and organization skills will also be critical. Experience performing reserve reviews in a previous role is preferred but is not required. While the position will not have any formal direct reports, there will be opportunities to informally lead and influence others in this role including individuals who may be more senior. The work will include: * Hands on Analysis & Technical Exploration - 75% oLead exploratory reserve analysis efforts using new tools and methodologies (i.e. proof of concepts of external vendor tools) oSupport the ideation and hands on build of any internal tools identified to meet business needs (i.e. inflation sensitivity) oPartner with segment actuaries on in flight work including providing peer review support, serving as an additional resource to accelerate efforts, and by helping to broaden applicability of approaches/capabilities across the segments oPerform ad-hoc deep dive analyses to answer business questions arising from the current economic environment oAssist with year-end actuarial reserve work as a part of the traditional Corporate Actuarial responsibilities where needed * Project Management - 25% oProject planning and overall program management of the reserve capabilities program (prioritization of work, recruitment and management of resources, and informal leadership of project teams) oEstablish a framework to engage with external vendors to explore analytic opportunities In this role, the candidate would deepen their understanding of the existing reserving and loss analytic toolset and methodologies across Travelers, learn about current challenges and opportunities within our reserving functions, gain exposure to advanced techniques being employed in the analysis of loss reserves in the industry, and engage with external partners in the evaluation of tools and capabilities in the market.What Will You Do? Strategy:
Operational:
Communication:
Talent:
Leadership:
Business Acumen:
Relationship Management:
Quantitative Analysis:
What is a Must Have?
What Is in It for You?
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 http://careers.travelers.com/life-at-travelers/benefits/. |
ref: (R-36180) 14 days ago
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