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.
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$87,400.00 - $144,400.00The Sr. Consultant, Actuarial and Analytics is an analytic role that encompasses the personal ownership of operational assignments and support of strategic assignments which may include ratemaking, pricing, project management, research, and rate table implementation. The individual in this role is expected to have a high level of partnership within assigned unit and across projects, and be an influential member of project teams, providing analytical insights to leadership and Business unit partners. The Sr. Consultant, Actuarial and Analytics will work on assignments requiring knowledge and expertise in one or more of the following areas: Actuarial techniques and/or research methods Statistical analyses, Foundational business knowledge and CMP Line of Business knowledge.
We have an inclusive culture where everyone feels that they belong, can be authentic, are valued, respected, empowered and part of our success. We see strength in the uniqueness that each of us contributes to creating innovative solutions and improving business outcomes.
What Will You Do?
Key Responsibilities:
Conduct comprehensive studies and analyses on state/segment pricing.
Create/implement rating tables updates to support business initiatives.
Work closely with technical teams to implement changes and support rating inquiries.
Support Regulatory with Rate Plan filings and objection responses.
Ensure that rating changes are compliant with Product filings.
Provide analytical support to Product Management and Underwriting teams.
Drive improvements in data quality and provide access to data required for rate changes.
Communicate business and technical findings effectively to peers, business partners, and management.
Demonstrate technical aptitude in Excel, SAS, Python, and/or other programming languages.
Strategy:
Participate on strategic projects with execution responsibility for assigned project sub-components.
Recommend and execute solutions for assigned project 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 and Enterprise initiatives.
Operational:
Independently refresh actuarial and analytic analyses, perform new analysis with guidance, and begin to apply judgment.
Support and begin to drive components of unit initiatives.
Begin to take accountability for process efficiencies within assignments.
Provide support as necessary for initiatives across the Enterprise within the scope of influence.
Communication:
Communicates progress, findings and results to manager and peers.
Communicates technical topics to primary working group.
Actively participates in group discussions.
Provides formal written communication such as memos or presentations with supervision.
Talent:
May be a mentor or resource for less experienced analytic talent within assigned Segment.
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?
3 or more Actuarial exams preferred.
College degree in STEM related field.
Strong PC skills (MS Office), basic programming skills (eg. SQL, SAS).
2+ years of quantitative analysis experience preferred.
Developing understanding of insurance products and industry.
Leadership:
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.
Initial development of Leading the Business, including being a positive member of the Enterprise culture.
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 foundational perspective of certain areas of the industry and developing trends such as: technology, analytic methodology, products and performance of competitors.
Is familiar with a couple other key business drivers and disciplines.
Relationship Management:
Begin to develop professional business relationships across the BI&AA community within Segment.
Generate and solicit ideas.
Quantitative Analysis:
Able to use appropriate tools to compile and analyze data effectively.
Perform basic-level analytics working more independently and effectively with awareness of materiality and reasonability, foreseeing more next steps.
May perform technical review of unit work product.
What is a Must Have?
Bachelors Degree or equivalent experience required.
1 year of experience in quantitative analysis required.
- 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.
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.
To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.
Travelers Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Travelers and has not been reviewed or approved by Travelers.
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Retirement Support — Feedback suggests total rewards are bolstered by a 401(k) match, a company‑funded pension, and a program that contributes to retirement savings when employees make student‑loan payments. These elements are consistently portrayed as standout strengths of the package.
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Leave & Time Off Breadth — Feedback suggests time off is generous from the start, with substantial PTO, paid holidays, and the option to purchase additional days. Defined leaves such as short‑term disability and bereavement further enhance perceived flexibility.
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Healthcare Strength — Feedback suggests medical, dental, and vision coverage is comprehensive, with multiple plan choices, HSAs/FSAs, and robust mental‑health and wellness resources. Day‑one eligibility and added programs like caregiver support and specialty care navigation reinforce depth.
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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.
