Market Director, BI Auto

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Company Summary

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.

Job Category

Product Management/Pricing

Target Openings

1

Job Description Summary

This position partners with leadership to support the profit and loss of BI Auto. Manages or coaches individuals who focus on analyzing competitor behaviors, marketplace dynamics, pricing segmentation, and line and segment level analysis. Partners with senior leaders to formulate and collaborate on BI Auto strategies in conjunction with regulatory, actuarial, underwriting and Claim. Participates in line of business strategies at a countrywide level, while collaborating with markets to understand state level dynamics. This job may manage others.Primary Job Duties & Responsibilities

Strategy:

  • Participate in a lead role in the successful execution and completion of assigned strategic initiatives and projects
  • Develop solutions to resolve challenges of an initiative
  • Propose change and innovation in order to improve project team performance and timelines
  • This position will often participate on cross-unit initiatives and may participate on Enterprise initiatives



Operational:

  • Perform line management analyses to solve business problems
  • Support and drive components of unit initiatives. Begin to support broad department initiatives
  • Take accountability for process efficiencies within assignments
  • Begin to make proposals in accordance with department practices
  • Provide support as necessary for initiatives across the Enterprise within the scope of influence



Communication:

  • Communicates analysis, project results, and other business initiatives to peers and business partners
  • Communicates topics to both a technical and non-technical audience within the primary working group with guidance from manager
  • Actively participates and may lead group discussions at the unit level
  • Creates formal written communication such as memos or presentations with guidance and peer review
  • Networks and collaborates on ideas and challenges



Talent:

  • Retention and development of assigned staff
  • Execute and communicate talent development processes, including performance and personal development goals
  • Talent assessment recommendations



Performance management:

  • Mentor less experienced talent across the Enterprise
  • 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

Minimum Qualifications

  • 2 years of experience in data analytics
  • Thorough knowledge of Microsoft Office products (Excel, Word, PowerPoint)



Education, Work Experience, & Knowledge

  • Bachelors degree in Business Management, Mathematics, Management Information, Finance, Actuarial Science, Economics or other related field
  • Masters degree
  • 4 years of experience in data analytics
  • General knowledge of Business Insurance lines, products and systems
  • General knowledge of Pricing and Actuarial techniques



Job Specific Technical Skills & Competencies

  • Technical Knowledge/Critical Thinking:
  • Able to extract and analyze data
  • Team Orientation:
  • Ability to interact with business partners, work with DOI and connections within the Industry to gather competitive techniques
  • Planning and Project Management:
  • Intermediate project management skills
  • Ability to work well in tight timeframes and deadlines
  • Strong organizational and time management skills
  • Communication Skills:
  • Strong verbal and written communication skills
  • Knowledge:
  • Strong understanding of actuarial concepts such as loss development and trending
  • Global level of understanding while coaching others on competitive analysis tools, and how to extract and analyze data
  • Has command of profitability, risk loads and other ratemaking concepts
  • Solid knowledge of Excel, Access, and Word
  • Intermediate Leadership Skills, including ability to:
  • Leverage differences
  • Manage in participative manner
  • Develop employees
  • Manage change effectively
  • Inspire others and promote a vision
  • Understand and navigate organization



Environmental / Work Schedules / Other

  • Travel Requirements: Travel Occasionally



Travelers offers a hybrid work location model that is designed to support flexibility

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.

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/.

More Information on Travelers
Travelers operates in the Insurance industry. The company is located in New York, NY and Hartford, CT. It has 35118 total employees. It offers perks and benefits such as Flexible work schedule, Remote work program, Flexible Spending Account (FSA), Disability insurance, Dental insurance and Vision insurance. To see all 81 open jobs at Travelers, click here.
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