Senior Actuarial and Analytics Consultant

Travelers Canada; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Actuarial and Analytics Consultant to drive transformation within their actuarial team. This role offers the chance to innovate and enhance tools that provide insights into business operations. You will collaborate closely with various teams, leveraging your skills in Python and quantitative analysis to improve processes and deliver strategic solutions. Join a culture that values creativity and commitment, and enjoy a comprehensive benefits package including private medical insurance and generous holiday entitlement. This is a unique opportunity to advance your career in a dynamic environment.

Benefits

Private Medical Insurance

Retirement Plan Contributions

25+ Days Holiday Entitlement

Wellness Programme

Volunteer Encouragement

Qualifications

• 3+ years of quantitative analysis experience preferred.
• Strong PC skills and basic programming skills required.

Responsibilities

• Support strategic initiatives including reserving and pricing.
• Communicate findings and results to manager and peers.

Skills

Python

SQL

Quantitative Analysis

Actuarial Techniques

Education

University degree in STEM

3 or more Actuarial exams

Tools

MS Office

Job description

Senior Actuarial and Analytics Consultant page is loaded

Senior Actuarial and Analytics Consultant

Apply remote type Hybrid locations LON - London time type Full time posted on Posted Yesterday job requisition id R-44172

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

Actuarial

Target Openings

1

What Is the Opportunity?

Are you ready to take your career to the next level in a dynamic and innovative environment? As a Senior Consultant, you will play a pivotal role in supporting our transformation function within the wider Actuarial team. Join us in our journey to innovate and transform the actuarial landscape.

This position offers a unique opportunity to collaborate closely across actuarial to develop and enhance innovative tools that monitor and deliver insights into various aspects of our business.

The Senior Consultant, Actuarial and Analytics will take personal ownership of operational assignments and support strategic initiatives, which may include reserving, rate-making, pricing, planning/forecasting, project management, and research. Your role will be central to driving transformation, fostering high-level partnerships across actuarial. You will work proactively with all actuarial teams to understand and improve a wide range of processes, leveraging your skills in Python to enhance data analysis and tool development. The Senior 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 line of business knowledge.

What Will You Do?

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, Europe 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 within Europe or 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, Europe and the Enterprise.

• May provide support for recruiting efforts and candidate talent assessment efforts.

Be Committed, Be Connected, Be Creative and Be Energised – these are the values we are passionate about. Understanding and embracing our values will shape your success and contribute to making Travelers Europe a great place to work.

To be successful, you will need to consistently deliver a great experience in every customer contact; connect with the right partners internally to find creative solutions to problems; be a role model; and consistently deliver on your commitments.

What Will Our Ideal Candidate Have?

• 3 or more Actuarial exams preferred.

• University degree in STEM related field.

• Strong PC skills (MS Office), basic programming skills (eg. SQL, Python).

• 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 analyse 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 in It for You?

• Private Medical Insurance:On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
• Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
• Holiday Entitlement:Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
• Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that 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 programme that enables you to give back to the charity of your choice.

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/ .

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