at Travelers in Little Rock, Arkansas, United States
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 Description Summary
The Actuarial Product All Lines team is seeking a person with a high degree of curiosity and who is comfortable with ambiguity to fulfill a new, open-ended position that will primarily support the advancement of Business Insurance’s rate adequacy science. The aim is to take advantage of more advanced modeling to increase the sophistication of rate adequacy analytics and more effectively connect the rate adequacy and point-of-sale predictive modeling tools. Analyses will explore how point-of-sale predictive modeling tools can be leveraged in rate adequacy and the optimal level of granularity to provide profitability targets. Early emphasis will be on the Auto and CMP lines of business, and findings from these lines will be applied to other lines of business. This position will secondarily support the All Lines team and other areas, as appropriate.
The Director, Actuarial and Analytics is an analytic leadership role that is responsible for the implementation of a variety of actuarial/statistical techniques and analyses which may include reserving, rate making, pricing, planning/forecasting, project management and research. This role is expected to execute strategic and operational initiatives, drive change within assigned unit, provide analytical insights and recommendations to leadership and business partners, and share ownership of the business’s financial results. The Director, Actuarial and Analytics will work within broad limits and authority on complex assignments requiring specialized knowledge and expertise in breadth and/or depth in one or more of the following areas: Actuarial and/or research methods Advanced statistical analyses Broad business knowledge In-depth Line of Business knowledge Broader awareness of enterprise Actuarial & Analytics community.
Primary Job Duties & Responsibilities
+ Assess, prioritize, influence and communicate strategic initiative options to senior leaders.
+ Demonstrate effective execution and completion of assigned st
Little Rock, Arkansas 72205