AVP & Sr. Actuary (Loss Analytics)

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

$181,800.00 – $300,000.00

Target Openings

1

What Is the Opportunity?

When you work at Travelers, life’s most important moments become your life’s work. For 160 years, we have fulfilled our promise to secure, respect and care for our customers, communities, and coworkers. Every day, approximately 30,000 Travelers employees work together to protect the things that matter and provide peace of mind to our customers.

Join Travelers as an AVP and Sr. Actuarial and Analytics in Loss Analytics, reporting to the Business Insurance Loss Analytics & Reserving Lead. This leadership role is pivotal in providing critical analysis for Business Insurance and the enterprise. We seek a collaborative thought leader and champion for the actuarial community, while bringing fresh perspectives to the role and to our organization.

Key Responsibilities:

• Lead a team of 14 in strategic vision development, strategy execution, and operational management.
• Maximize analytic strength, data, and tools to provide crucial business insights and protect Travelers’ balance sheet.
• Oversee loss reserving, trend analytics, planning, forecasting, and reporting for General Liability, Professional, Umbrella, and Specialty lines.
• Provide leadership and reserve estimate decision-making for complex claims issues, including but not limited to Asbestos, Environmental, Cumulative Injury, Talc, PFAS, Abuse, and Opioids.
• Conduct quarterly analysis, communicate results to senior management and business partners, ensure compliance with reserving methods and deadlines, and address all documentation and audit requirements.
• Collaborate with Business Insurance Analytics & Research to enhance data-driven decisions.

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. The successful candidate will enrich our culture and contribute to our goal of creating an inclusive environment.

What Will You Do?

Strategy:

• Develop organizational strategy and long-term vision.
• Develop industry-leading analytics, respond to changing external influences, advance reserving data and tool suite, enhance predictive capabilities, and provide complex claim reserving insights.
• Create an environment for the successful execution and completion of the entire strategic portfolio.
• Inspire change and innovation across the organization.
• Lead and advise on many enterprise-wide initiatives.
• Shape the direction of the organization by engaging and partnering with BI Finance, Business Units, BI Analytics & Research, BI Product Actuarial and other BIAA Senior leaders.
• Be a thought leader in the actuarial & analytics field with a natural curiosity for leveraging leading-edge practices.

Operational:

• Ensure strategic alignment for optimal operational efficiency.
• Lead teams responsible for prior and current year reserve analysis, trend analytics, planning, forecasting, and reporting.
• Promote efficiency and influence appropriate resource investment across segment, balance additional effort against incremental lift gained from work.
• Prepare analytical foundations for future business needs.

Communication:

• Effectively communicate with and influence all levels across Business Insurance.
• Lead discussions with senior management on complex and detailed analyses.
• Collaborate with Strategic Resolution Group and Liability Major Case Claim leadership to ensure sharing of claim changes/trends in real time.
• Demonstrate skill at communicating technical topics to non-technical audiences.
• Lead group discussions with multiple disciplines or responsibility levels, including senior leaders.
• Create formal written communication such as memos or presentations.
• Identify actions to enhance business outcomes and influence peers and partners to take action.

Talent:

• Demonstrate and model excellent communication skills, empathy, flexibility, integrity, and empowerment in service of creating an inclusive climate.
• Express, model and reinforce the importance of valuing others and their contributions to our collective success.
• Lead a multi-layered team.
• Develop and influence strategies for talent acquisition, retention, and development for assigned department, including proactive succession planning and talent assessment recommendations.
• Identify skills needs and effectively lead the team to attain them.
• Execute, communicate, and influence standards for talent development processes, including performance and personal development goals.
• Engage in performance management.
• Support staff engagement in cross-enterprise initiatives.
• Develop talent management/workforce planning strategy.
• Mentor less-experienced talent across the enterprise.
• Support recruiting efforts and candidate talent assessment efforts across the enterprise.

Enterprise:

• Lead or provide support for initiatives across the enterprise.
• Actively engage with Bond and Specialty reserving departments along with Corporate Actuarial, Claim, and International Actuarial on quarterly reserve and trend analysis.

What Will Our Ideal Candidate Have?

• College degree in STEM related field.
• Associate Actuarial Credential preferred.
• Demonstrated organizational leadership ability.
• 15+ years of quantitative analysis experience.
• Proven track record of developing and executing strategy.
• Strong understanding of insurance products and industry.
• Demonstrated ability in actuarial and quantitative analysis and statistical concepts.
• Exceptional influencing and/or consulting skills; able to build consensus among a diverse group of stakeholders.
• Excellent communication skills with the ability to present and translate complex information to senior leadership and non-technical teams.
• PC skills (MS Office).

Leadership:

• Consistently challenges conventional thinking.
• Takes ownership of projects/portfolios of projects and meetings and makes independent recommendations to influence business outcomes.
• Proficient in Leading Self exhibiting decisiveness and self-awareness while also effectively managing ambiguity.
• Proficient in Leading Others including modeling the way for others, forging synergy and participative management.
• Proficient in Leading the Business including actively engaging in driving business results, broad thinking and promoting an Enterprise culture.

Business Acumen:

• Has an in-depth understanding and knowledge of most business drivers and disciplines as well as their interrelationships. Areas include, but are not limited to: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financial.
• Has a perspective on the industry and developing trends, including: technology, analytic methodology, products, and performance of competitors.
• Able to effectively utilize this business knowledge in developing and implementing analytic solutions and anticipate the impact of market dynamics on Travelers performance.
• May influence the insurance industry.

Relationship Management:

• Proactively build, own, and leverage business relationships across the Enterprise.
• Encourage cross-functional teams to allow for sharing of ideas across the Enterprise.
• Identify and resolve conflict with business partners across organization and communicate any areas of organizational tension.
• Expose accomplishments of other disciplines to their own organization.
• Alongside business partners, develop long term strategy and road maps for their organization.
• Develop a culture that promotes understanding diverse perspectives.

Quantitative Analysis:

• Able to introduce innovative techniques to both new and existing problems, and influence the business by recommending solutions.
• Stays aware of advancements in analytical techniques and technology used to implement them.
• Regularly offers technical consultative feedback.
• Can assess various technical solutions to optimize analytical outcomes.
• Consistently recognizes and solves for emerging issues that require a quantitative solution within and occasionally outside functional area.

What is a Must Have?

• Bachelors Degree or equivalent experience required.
• 10+ years of comprehensive quantitative analysis experience required.
• Project or people management experience required.

What Is in It for You?

• Health Insurance: Employees and their eligible family members 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 value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

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

AVP and Sr. Actuary – Loss Analytics

Job ID: R-45511

Job Category: Actuarial, Data Analytics

Location: Hartford, CT

Additional Locations: Saint Paul, MN; Blue Bell, PA

Workplace Arrangement: Hybrid

Posted Date: July 14, 2025