Market Director, BI (Hartford, CT)

| Hartford, CT
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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.

Job Category

Product Management/Pricing

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
$101,300.00 - $167,100.00

Target Openings

1

What Is the Opportunity?

This position partners with leadership to support the profit and loss of the GL and Umbrella lines. Focus on analyzing competitor behaviors, marketplace dynamics, pricing segmentation, and line and segment level analysis. Partners with senior leaders to formulate and collaborate on product or Line-of-Business 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.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:
  • 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
  • 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
  • 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. Travelers was founded in 2022. It has 35118 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 209 open jobs at Travelers, click here.
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