Sr. Director, Actuarial and Analytics – Commercial Accounts Group Actuarial

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.

Actuarial, Data Analytics

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
$ – $

1

The Business Insurance Middle Market Commercial Accounts Group seeks an experienced actuarial leader to join our team. This role serves as a strategic partner to CAG business units (Commercial Accounts, Technology & Life Sciences, and Public Sector), collaborating directly with underwriting leadership on profitable growth initiatives, portfolio analysis, and transform priorities. This role has a focus on the Commercial Accounts business unit, as well as, the Property, General Liability, and Umbrella lines of business within all CAG business units.

In this position, you will lead a team of five professionals and oversee a broad scope of actuarial responsibilities, including rate adequacy and planning, reserve review communications, benchmark reporting, and more. A key component of the role involves supporting the advancement of our Market Relevant Price (MRP) portfolio across Middle Market. This position within BU Actuarial offers close business engagement and the opportunity to make direct business impact through strategic analysis and collaborative leadership.

As a part of Business Insurance Actuarial & Analytics (BIAA), 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.

• 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.

• 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.

• 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…