Actuarial Leadership Development Program – Participant

Jobtailor; Connecticut; On-site; USD 60,000 - 85,000; Full time

Job summary

Travelers in Connecticut offers a multi-faceted program that blends actuarial work with business development as core partnerships to determine risks and rewards for the company. Participants receive exam support, training, mentoring, and formal career guidance throughout the program.

Rotational assignments across pricing, reserving, claim risk analysis, product management, and data science help you build a broad skill set.

Qualifications

• GPA 3.0 or greater.
• Completion of 1 or more Actuarial exams.
• Accountability: Strong track record of taking ownership and responsibility for actions and outcomes, performance, and results.
• Analytical and Critical Thinking: Ability to analyze data and support sound decision making.
• Change Management/Resilience: Ability to adapt to ambiguity and change.
• Customer Focus: Strong customer service skills for internal or external clients.
• Emotional Intelligence: Self- and social-awareness with balanced confidence.
• Interpersonal: Excellent communication and collaboration.
• Judgment/Decision Making: Sound judgment and decisions.
• Learning agility: Willingness to learn new capabilities.
• Leveraging Differences: Work with diverse teams to achieve goals.
• Relationship Management: Build and maintain productive relationships.
• Teamwork: Collaborate effectively in interdependent environments.
• Technical curiosity: Self-starter exploring new technologies.

Responsibilities

• Participate in rotational assignments across actuarial and analytic functions.
• Execute sub-components of assigned projects to improve timelines.
• May participate on strategic projects with execution responsibility.
• May participate on cross-unit initiatives.
• COMMUNICATION – Share progress, findings and results with managers and partners.

Skills

Analytical thinking

Critical thinking

Change management

Customer focus

Emotional intelligence

Interpersonal skills

Judgment

Learning agility

Teamwork

Technical curiosity

Work ethic

Communication skills

Diversity & inclusion awareness

Relationship management

Education

Bachelor’s or Master’s degree in Statistics/Mathematics/Economics/Finance/Actuarial Science/CS

Job description

• The program is multi-faceted and offers a combination of actuarial and business development as key partners in determining risks and rewards for the company.
• Other program components include exam support, training, formal mentoring, and networking with dedicated career guidance throughout the time in program.
• Please note that occasional travel for business meetings and events is an expectation of program participants.
• To help prepare for these roles, the ALDP provides participants with challenging rotational assignments in varied core actuarial and analytic functions across the Travelers organization which may include:
• Pricing and Ratemaking
• Reserving
• Claim Risk Analysis
• Product Management
• Corporate/Enterprise Data Science
• STRATEGY - Recommend and execute solutions for assigned project sub-components to resolve challenges of an initiative.
• Execute work thoughtfully and efficiently as a team member to improve project team performance and timelines.
• May participate on strategic projects with execution responsibility for assigned project sub-components.
• May participate on cross-unit initiatives.
• OPERATIONAL – Refresh basic actuarial and analytic analyses with supervision. Support unit initiatives. Provide support as necessary for initiatives across the Enterprise within the scope of influence.
• May identify and create process efficiencies within assignments.
• COMMUNICATION – Communicate progress, findings and results to manager and key partners. Communicate technical topics and findings to primary working group. Understand actuarial, analytical and financial discussions and participate in the conversation during meetings. Provide formal written communication such as memos or presentations with supervision and support.
• TALENT – Support various training and skill development initiatives across rotational assignment. May be a mentor, manager or resource for less experienced analytic talent within rotation assignment.

Requirements

• Cumulative GPA of 3.0 or greater.
• Completion of 1 or more Actuarial exams.
• Accountability: Strong track record of taking ownership and responsibility for actions and outcomes, performance, and results.
• Analytical and Critical Thinking: Demonstrated aptitude in identifying current or future problems or opportunities, analyzing data, synthesizing and comparing information to understand issues, identifying cause/effect relationships and exploring alternative solutions to support sound decision making.
• Change Management/Resilience: Ability to remain energized and focused in the face of ambiguity, change or strenuous demands.
• Customer Focus: Proven customer service skills with the ability to provide service excellence to internal or external clients.
• Emotional Intelligence: Demonstrated track record of self and social awareness, empathy and balances confidence with humility.
• Interpersonal: Excellent communication skills with the ability to actively engage with others while maintaining a positive attitude.
• Judgment/Decision Making: Capability of exercising sound judgment, making decisions and committing to a position.
• Learning agility: Demonstrates an aptitude for learning and applying new capabilities in actuarial and analytics.
• Leveraging Differences: Proven capacity to works with and include people from different backgrounds, experiences, cultures, races, etc. and view those differences as assets to be leveraged to accomplish business goals and objectives.
• Relationship Management: Strong relationship management skills including the ability to seek out, build, foster and maintain productive relationships, networks or alliances to meet goals and achieve results.
• Teamwork: Ability to work together in situations when actions are interdependent, and a team is mutually responsible to produce a result.
• Technical curiosity: Self-starter and motivated to explore new technologies, applications and environments beyond required job and/or educational commitments.
• Work Ethic: Possession of a strong drive to do what it takes to get the job done; inquisitive and demonstrates a strong willingness to learn.
• Bachelor’s or master’s degree in Statistics, Mathematics, Economics, Finance, Actuarial Science, Computer Science or business-related.
• Legally authorized to work in the United States now and in the future.