Sr Market Analyst, 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.

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

$71,800.00 - $118,400.00

Target Openings


What Is the Opportunity?

Develops data and analytics that support profit and loss for a particular product or LOB. Provides detailed analysis of profitability, pricing, and growth at a for a product or line of business. Support and collaborate closely with markets and within BCO Product in the formulation and implementation of LOB strategies through increased analysis and focus on competitor behaviors, marketplace dynamics, pricing segmentation, and line and segment level analysis. This job does not manage others, but may act as a Team Lead.

Opportunity to be a part of standing up a brand new Product analytics team that will work across all markets and lines of business within Business Insurance. This team will influence major change across Business Insurance, from how data is stored and accessed, to the tools and capabilities we enable for self-service, to the insights that are generated to drive the business forward.

What Will You Do?
  • Strategy:
  • Participates and helps lead 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 sometimes participate on cross-unit initiatives and may participate on Enterprise initiatives
  • Operational:
  • With limited guidance, performs 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:
  • 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.

What Will Our Ideal Candidate Have?
  • Bachelors degree in Business Management, Mathematics, Management Information, Finance, Actuarial Science, Economics or other related field
  • 3 years of experience in data analytics
  • General knowledge of Business Insurance lines, products and systems
  • Working knowledge of Pricing and Actuarial techniques
  • 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 intelligence
  • Planning and Project Management:
  • Ability to handle shifting priorities
  • Strong organization and time management skills
  • Ability to self-direct; strong sense of urgency in meeting deadlines
  • Communication Skills:
  • Strong verbal and written communication skills
  • Knowledge:
  • Understands basic actuarial concepts such as loss development and trending
  • Solid understanding of competitive analysis tools
  • Understanding of basic ratemaking and its application, such as profitability, risk loads, etc.
  • Solid understanding of techniques and models used to forecast insurance financials
  • Understands and is able to access available sources of Travelers and Industry trend information
  • Solid understanding of, and good working relationship with, claim, business centers, call centers, and information technology
  • Understands the workflow and terminology of these areas and their impact on profit and loss
  • Solid knowledge of Excel, Access and Word

What is a Must Have?
  • 1 year of experience in data analytics
  • Thorough knowledge of Microsoft Office products (Excel, Word, PowerPoint)

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 and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you're eligible for five free counseling sessions with a licensed therapist.
  • 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.

Travelers offers a hybrid work location model that is designed to support flexibility. #LI-Hybrid

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 .

Careers at Travelers

When you work at Travelers, life's most important moments become your life's work. That means helping families feel secure, businesses to prosper, knowing that you've made a difference, and feeling like you belong to something bigger. It also means being part of a team comprised of 30,000 + talented and passionate people that are evolving to meet changing needs - from customer service to data science and beyond. If that's more than you imagined in an insurance career, it's time to join us at Travelers.
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 193 open jobs at Travelers, click here.
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