AVP, Small Commercial Business Analytics

Travelers Canada; Hartford (CT); On-site; USD 169,000 - 280,000; Full time

Benefits offered by this job

Health Insurance

401(k) matching up to 5%

Student loan payoff support

Job summary

Travelers is seeking an AVP of Small Commercial Business Analytics to set data strategy and oversee a broad analytics portfolio across cross-functional areas. You will drive modeling and experimentation to surface actionable insights and guide AI-enabled decision making across pricing, underwriting, and product analytics.

You will partner with senior leaders, define standards, and coach teams to balance constraints and opportunities while embedding AI into everyday work practices.

Qualifications

• Bachelor’s Degree in a STEM field, or a Business School Master’s Degree with a technical or analytical concentration.
• Ten years of related data and analytic experience.
• Experience with explanatory, diagnostic, and inferential techniques and choosing appropriate methods.

Responsibilities

• Partner with senior leaders to inform strategic decisions.
• Define routines and standards of practice for high-quality work.
• Identify barriers and remove obstacles affecting team performance.
• Align priorities with business partners and assess capacity for initiatives.
• Provide enterprise perspective to cross-functional strategies.
• Coach the team in diagnostic and multivariate methods to influence decisions.
• Champion AI adoption and lead organizational change in analytics.

Skills

Explanatory modeling

Diagnostic analysis

Inferential statistics

Time series analysis

Multivariate modeling

AI adoption

Education

Bachelor’s Degree in STEM or Business School Master

10+ years analytics experience

Tools

Open-source analytics languages

Cloud-enabled analytics

Job description

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 170 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 Data Analytics Compensation Overview

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 $169,400.00 - $279,600.00 Target Openings 1

What Is the Opportunity?

At Travelers, our vision is to advance our ability to fuel analytic-driven business decisions by accelerating cross-enterprise collaboration and capabilities. As the AVP, Small Commercial Business Analytics, you will set the data and analytics strategy in support of your assigned business domain and maintain a significant portfolio across various customers and cross-functional areas. You will work to increase analytical maturity across the organization, including the adoption of AI, to encourage more informed business decisions. Through explanatory modeling and analytics as well as experimental design and related inferential techniques, you and your team will surface actionable insights that influence business decisions and strategies. Simply put, your area helps the business understand 'the why' underneath business trends and data. This discipline focuses on supporting business areas and activities beyond pricing and reserving, with a specific focus on Product and Underwriting Business Analytics for the Small Commercial business unit. You will guide a team working to advance organizational objectives aligned with enterprise goals.

What Will You Do?

• Partner with senior leaders within business areas to define, inform, and influence key strategic decisions.
• Define and implement work routines and standards of practice to ensure optimal quality of work is being achieved.
• Identify barriers and remove obstacles affecting team performance.
• Work with business partners to ensure that the decision science team is focusing on the right priorities and assess team capacity to support upcoming initiatives within business area.
• Provide line of business perspective to enterprise initiatives and support cross-functional strategies and teams.
• Coach the team in diagnostic analysis, active monitoring and/or multivariate modeling methods that can be used to influence strategic business decisions by balancing constraints and opportunities.
• Champion the adoption of AI and other emerging analytical technologies, and lead the team and business partners through the organizational change required to embed them into everyday ways of working.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelor’s Degree in a STEM related field, or a Business School Master’s Degree with a concentration in a technical or analytical field.
• Ten years of related data and analytic experience.
• Experience using explanatory, diagnostic, and inferential techniques such as experimental design, hypothesis testing, clustering analysis, time series and other statistical modeling algorithms with the ability to decide the appropriate methodology for the purpose.
• Industry level expertise of large-scale multidimensional data systems, non-traditional data sources, open-source cloud-enabled analytical programming languages, and emerging AI tools and platforms.
• Industry level expertise of statistical and scientific techniques and how they are implemented through analytical programming languages.
• Demonstrated experience in developing, planning, and implementing analytical strategies, including leading teams and business partners through organizational change driven by AI and other emerging technologies.
• Experience leading teams of direct reports as well as leading cross-functional work groups.
• Ability to serve as an analytics lead, strategically guiding data initiatives and representing both analytics needs and business needs to our execution team.
• Strong business acumen, with the ability to problem-solve, think critically, and operate strategically across the enterprise.
• Exceptional communication skills with the ability to influence and interact with all levels of the organization.

What is a Must Have?

• Bachelor’s degree or seven years of experience in data, analytics, engineering, science, technical analytical fields or relevant experience.

What Is in It for You?

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 has more than 30,000 employees in the United States, Canada, the United Kingdom, and Ireland.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

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. 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.

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