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Job Title
Select Accounts 2VP & Actuary

Job Profile
Job Description

Job Title:
Select Accounts 2VP & Actuary
Job ID:
791939
Location: CT-Hartford

Available Openings:
1

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Committed. Competitive. Constructing our Future.

That's Travelers. We are one of the leading insurance companies in the United States. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy, and a workplace in which you truly can make a difference.

Summary:
This position provides a challenging and exciting opportunity to join the Select Actuarial Ratemaking and Analytics team as the lead Workers Compensation actuary reporting to the Select Chief Actuary. The Select Accounts organization is a significant part of Travelers Business Insurance with annual gross written premium in excess of $2.7B. Travelers Business Insurance wrote $12.5B in gross premiums and generated $2.3B in operating income in 2008.

The Select Accounts Actuarial organization is responsible for developing projections of loss ratios and rate adequacy indications at a granular level by line of business, as well as, providing profitability projections to Select and Actuarial Senior Leadership. The indications and analytics developed will be the basis for making pricing, underwriting and other strategic decisions.

Responsibilities:
The key duties of this position will include:
Providing analytical and business leadership of Select initiatives, projects and teams.
The development and execution of analytical strategy.
Understanding and development of complex analytics, such as pro-forma profit statements and econometric models.
Building of diverse business relationships with actuarial and non-actuarial partners.
The development of staff performance goals, providing constructive feedback, and ongoing coaching of staff.
Contributions on Enterprise-wide initiatives, such as:
Return on Equity modeling
Catastrophe Analysis & Risk Load Methodology
Enterprise Risk Management

Qualifications:
Highly developed analytical and problem solving skills.
Work effectively both independently and in a team environment.
Collaborate effectively with multiple customers in multiple locations.
Demonstrates the ability to engage, influence, and inspire others to produce results.
Excellent written and oral communication skills. Demonstrated ability to present subjects clearly to both technical and non-technical audiences.
Ability to work effectively on several concurrent efforts.
Positive, achievement oriented attitude.
Well-organized and detail-oriented.
Strong PC skills - Excel, Access, PowerPoint & Word. Strong understanding of databases,
10+ years of Property Casualty actuarial or product management experience.
Is a Fellow in the CAS.
College degree in mathematics, economics, finance, actuarial science or statistics.

Pay Band: 6

Travelers is an equal opportunity employer. We actively promote a drug-free workplace.

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Location: USA-CT-Hartford
Posted on
Aug 06,2010
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