Senior Director, Actuarial & Analytics – Cross-Line Initiatives

About this role

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 170 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 $146,400.00 - $241,600.00 Target Openings

1 What Is the Opportunity?

We're in the middle of a transformation in how we rate, model, and deploy across Business Insurance via the Earnix platform. We're looking for a technical actuarial leader to join this high-impact and cross-functional team that operates at the intersection of actuarial science, data engineering, technology, and rating specialists. This highly visible lead role for the Earnix rating model transformation sits within the Business Insurance Actuarial Product Cross-Line Initiatives group and will lead a team of three actuarial analysts. You'll own the technical buildout, expansion, and analytical capabilities of our new pricing engine across multiple lines of business Specifically, build and refine rating algorithms, lead automation efforts, partner with data science and data engineering, champion the platform internally, shape new workflows, advocate for the company on vendor calls, foster a culture of innovation and manage a team of three. What We're Looking For

• Strong actuarial background with deep comfort in technical and data-heavy environments

• Hands-on Python skills

• Experience working across complex, cross-functional programs

• Familiarity with rating engine platforms or commercial lines pricing

What Will You Do?

Strategy: • Assess, prioritize, influence and communicate strategic initiative options to senior leaders.

• Demonstrate effective execution and completion of assigned strategic initiatives and projects.

• Generate and advocate for process improvements and actively propel innovation in alignment with existing strategy.

• This position will lead assigned unit strategic initiatives and cross-unit initiatives and is expected to participate in Enterprise initiatives on a limited basis.

Operational: • Independently perform actuarial and analytic analyses to solve business problems and apply judgment appropriately.

• Drive day to day execution within unit. Begin to drive broad department initiatives.

• Promote efficiency across primary working group, balancing additional effort against incremental lift gained from work.

• Make decisions independently in accordance with department practices.

• Consistently provide direction and review others' analytical work.

• Begin to translate ambiguous business needs into analytical solutions.

• Provide support as necessary for initiatives across the Enterprise within the scope of influence.

Communication: • Communicates on a regular basis with staff, peers and business partners and on an occasional basis with senior leaders.

• Tailors communication of analysis, project results, and other business initiatives to audience.

• Communicates technical topics to non-technical audiences.

• Leads group discussions with primary working group.

• Creates formal written communication such as memos or presentations.

• Able to influence and collaborate with peers and partners to take actions to enhance business outcomes.

Talent: • Staff responsibilities are likely to include direct management of a small team of individual contributors.

• Acquisition, retention, and development of talent for assigned unit.

• Execute and communicate talent development processes, including performance and personal development goals.

• Succession planning and talent assessment recommendations.

• Performance management.

• Support staff engagement cross Enterprise initiatives.

• Mentor less experienced talent across the Enterprise.

• Onboard new employees and interns in unit.

• Support various training and skill development initiatives across Segment and the Enterprise.

• May provide support for recruiting efforts and candidate talent assessment efforts.

• Perform other duties as assigned.

What Will Our Ideal Candidate Have? • College degree in STEM related field.

• Associate Actuarial Credential.

• 8+ years of quantitative analysis experience.

• Strong understanding of insurance products and industry.

• Demonstrated ability in actuarial and quantitative analysis and statistical concepts.

• Leadership experience.

• Excellent communication, collaboration and relationship-building skills.

• Excellent communication skills with the ability to present and translate complex information to leadership and non-technical teams.

• Strong PC skills (MS Office) and programming skills (eg. SQL, SAS).

Leadership: • Begins to challenge conventional thinking.

• Takes ownership of projects related to strategic initiatives and often makes independent recommendations to influence business outcomes.

• Proficient in Leading Self including exhibiting decisiveness and self-awareness while also effectively managing ambiguity.

• Development of Leading Others including modeling the way for others and leading cross-unit projects.

• Initial development of Leading the Business including actively engaging in driving business results, broad thinking and promoting an Enterprise culture.

Business Acumen: • Has an in-dep

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