Director, Actuarial and Analytics – Small Commercial
Company: Travelers
Location: Saint Paul
Posted on: January 14, 2026
|
|
|
Job 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.
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
$132,800.00 – $219,100.00 Target Openings 1 What Is the
Opportunity? The Director, Actuarial & Analytics – Select WC Lead
position provides actuarial support to Select business partners,
primarily product management, underwriting, and leadership.
Specific responsibilities include leading the review and
communication of key actuarial analyses: rate adequacy, reserve
reviews, performance measures, pricing/profitability reporting and
plan. Other responsibilities include partnering to influence
business strategies, support for pricing model enhancements and
questions, business initiative impact analyses and post-monitoring,
and ad-hoc analyses. This role is expected to drive efficiency in
everyday processes and may provide fluid talent across the Small
Commercial Actuarial team. This role may manage one direct report.
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. Regularly generate process
improvements and explore opportunities for innovation. Lead
assigned unit strategic initiatives (narrow scope, limited and well
defined) and cross-unit initiatives on a limited basis 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. Support
broad department initiatives. Promote efficiency across primary
working group, balancing additional effort against incremental lift
gained from work. Begin to make decisions independently in
accordance with department practices. Provide direction and review
others’ analytical work. Translate business requests 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 with limited guidance. Leads group
discussions with primary working group. Creates formal written
communication such as memos or presentations with limited guidance.
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. 7 years of
quantitative analysis experience. Strong understanding of insurance
products and industry. Demonstrated ability in actuarial and
quantitative analysis and statistical concepts. Management
experience. Excellent communication, collaboration and
relationship-building skills. Ability to present and translate
complex information in relevant business terms. 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 makes recommendations
to influence business outcomes. Proficient in Leading Self,
exhibiting decisiveness and self-awareness while also effectively
managing ambiguity. Initial development of Leading Others,
including modeling the way for others and effectively leading team
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-depth
understanding and knowledge of certain 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 and implementing analytic solutions. Has a general
perspective of the industry and developing trends, including:
technology, analytic methodology, products, and performance of
competitors. Is familiar with other key business drivers and
disciplines. Relationship Management: Proactively build and own
professional business relationships across the Enterprise. Generate
and solicit ideas, and build consensus. Aware of potential conflict
and address proactively. Acknowledge accomplishments of others
within your primary working group. Set and manage expectations with
business partners for large projects. Understand diverse
perspectives to effectively accomplish business goals. Quantitative
Analysis: Able to introduce innovative techniques to existing
problems. Independently perform and implement complex analytics.
Leads and actively engages in technical/peer reviews. May offer
technical consultative feedback. Can assess various technical
solutions to optimize analytical outcomes. What is a Must Have?
Bachelor’s Degree. 4 years of experience performing quantitative
analysis. What Is in It for You? 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, 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. 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.
Keywords: Travelers, Lakeville , Director, Actuarial and Analytics – Small Commercial, Executive , Saint Paul, Minnesota