Consultant, Corporate Actuarial

Reposted 3 Days Ago
Be an Early Applicant
Toronto, ON
In-Office
Entry level
Insurance
The Role
The Consultant, Actuarial and Analytics is responsible for operational and strategic support in actuarial projects, performing analyses, creating efficiencies, mentoring less experienced team members, and communicating findings effectively.
Summary Generated by Built In
Who Are We?

Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers – and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Job Category
Actuarial

Target Openings
1

What Is the Opportunity?
The Consultant, Actuarial and Analytics is an entry level analytic role that encompasses the personal ownership of operational assignments and support of strategic assignments which may include reserving, reinsurance, planning/forecasting, project management, CAT modelling, ERM and research. The individual in this role is expected to be a strong team player, have a strong desire to learn and develop, and be a strong contributor within assigned team and on assigned projects.What Will You Do?
  • Strategy:
  • May participate on strategic projects with execution responsibility for assigned project sub-components.
  • Recommend and execute solutions for assigned project sub-components 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 initiatives.
  • Operational:
  • Refresh basic actuarial and analytic analyses with supervision.
  • Support unit initiatives.
  • May identify and create process efficiencies within assignments.
  • Provide support as necessary for initiatives within Canada or across the Enterprise within the scope of influence.
  • Communication:
  • Communicates progress, findings and results to manager.
  • Communicates technical topics to primary working group.
  • Understands actuarial, analytical and financial discussions and participates in the conversation during meetings.
  • Provides formal written communication such as memos or presentations with supervision and support.
  • Talent:
  • May be a mentor or resource for less experienced analytic talent within Segment.
  • Onboard new employees and interns in unit.
  • Support various training and skill development initiatives across assigned Segment.
  • May provide support for recruiting efforts.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • 1 or more Actuarial exams preferred.
  • University degree in STEM related field.
  • Strong PC skills (MS Office), basic programming skills (eg. SQL, SAS).
  • Related internship or prior work-related experience.
  • Leadership:
  • Initial development of Leading Self, exhibiting self-awareness and seeking opportunities to learn while also starting to manage ambiguity.
  • Initial development of Leading Others, including mentoring/training team members.
  • Business Acumen:
  • 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 limited perspective of foundational areas of the industry and developing trends such as: technology, analytic methodology, products and performance of competitors.
  • Relationship Management:
  • Able to develop working relationships with primary working group.
  • Generate and share ideas with primary working group when prompted.
  • Quantitative Analysis:
  • Able to use appropriate tools to compile and analyze data.
  • Perform basic-level analytics with guidance.
What is a Must Have?
  • Bachelors Degree or equivalent experience required.
  • Three years of Actuarial experience in Property and Casualty

What Is in It for You?
  • Health Insurance: Employees and their eligible family members – including spouses, partners, and children – are eligible for coverage from the first day of employment.
  • Retirement: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan (“DPSP”). Travelers also matches your savings plan contribution dollar-for-dollar up to 5% of base pay.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off (“PTO”) annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year. You will also receive twelve 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. 

We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.

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/.

Top Skills

MS Office
SAS
SQL
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The Company
HQ: New York, NY
35,118 Employees

What We Do

Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other.

Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers.

Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount.

By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.

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