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⛔️ Travelers are no longer taking applications for this job.
Senior Consultant (Remote)
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.
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: $83,500.00 – $137,800.00
In Business Insurance Actuarial and Analytics, we deliver tailored analytics and innovative data science solutions that influence decisions and enable superior results. We have an inclusive culture where everyone feels that they belong, can be authentic, are valued, respected, empowered and part of our success. We see strength in the uniqueness that each of us contributes to creating innovative solutions and improving business outcomes.
The Sr. Consultant, Actuarial and Analytics is an 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 have a high level of partnership within assigned unit and across projects, and be an influential member of project teams, providing analytical insights to leadership and Business unit partners. The Sr. Consultant, Actuarial and Analytics will work on assignments requiring knowledge and expertise in one or more of the following areas: Actuarial techniques and/or research methods, Statistical analyses, Foundational business knowledge, Line of Business knowledge.
This Sr. Consultant opportunity sits on our Loss Reserving and Analytics Agile team and provides both business support and data analysis for the business. The Agile team is responsible for the production, maintenance and enhancement of key assets used by the broader Loss Reserving and Analytics community. A key responsibility of this role is the data mapping processes which are integral to the connections and passing of data between our various systems. You will leverage your business analysis skills to understand user requests, but also to include a view towards the future and how to enhance/improve our current mapping capabilities.
- Participate on strategic projects with execution responsibility for assigned project sub-components.
- Recommend and execute solutions for assigned project 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 and Enterprise initiatives.
- Independently refresh actuarial and analytic analyses, perform new analysis with guidance, and begin to apply judgment.
- Support and begin to drive components of unit initiatives.
- Begin to take accountability for process efficiencies within assignments.
- Provide support as necessary for initiatives across the Enterprise within the scope of influence.
- Communicates progress, findings and results to manager and peers.
- Communicates technical topics to primary working group.
- Actively participates in group discussions.
- Provides formal written communication such as memos or presentations with supervision.
- May be a mentor or resource for less experienced analytic talent within assigned Segment.
- Onboard new employees and interns in unit.
- Support various training and skill development initiatives across assigned Segment and the Enterprise.
- May provide support for recruiting efforts and candidate talent assessment efforts.
- Perform other duties as assigned.
- College degree in STEM related field.
- Strong PC skills (MS Office), basic programming skills (eg. SQL, SAS).
- 2+ years of quantitative analysis experience preferred.
- Developing understanding of insurance products and industry.
- 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 foundational perspective of certain areas of the industry and developing trends such as: technology, analytic methodology, products and performance of competitors.
- Is familiar with a couple other key business drivers and disciplines.
- Begin to develop professional business relationships across the BI&AA community within Segment.
- Generate and solicit ideas.
- Able to use appropriate tools to compile and analyze data effectively.
- Perform basic-level analytics working more independently and effectively with awareness of materiality and reasonability, foreseeing more next steps.
- May perform technical review of unit work product.
- Bachelors Degree or equivalent experience required.
- 1 year of experience in quantitative analysis required.
- 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 and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you’re eligible for five free counseling sessions with a licensed therapist.
- 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.
The Work Arrangement for this position is based on location.
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.
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/.
⛔️ Travelers are no longer taking applications for this job.
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