Senior Insurance Product Strategy Analyst

Travelers Companies, Inc.; Hartford Township (OH); On-site; USD 84,000 - 138,000; Full time

Benefits offered by this job

Health Insurance

401(k) matching

Pension Plan

Paid Time Off

Wellness Program

Volunteer Encouragement

Job summary

Travelers Companies, Inc. is seeking a Senior Analyst, Product Management to manage growth and profitability for a state(s), product, or line of business. You will analyze complex business problems and propose fact-based solutions with consideration of internal and external trends to achieve business objectives.

Collaborate with partners to ensure strategic direction and alignment. You will analyze data, present recommendations on product/pricing changes, and support broader strategic

Qualifications

• Bachelor’s degree in Business Management/Administration, Mathematics, Finance, Actuarial Science, Economics, or other analytics related field.
• Three years’ experience in a mathematical, analytical, or data related role preferably in the financial services industry.
• Experience with competitive analysis tools.
• Strategic thinker with good judgment to resolve issues.
• Excellent communication skills with the ability to consult and present information effectively.
• Strong data analysis skills with the ability to interpret trends and provide insights and recommendations.
• Knowledge of pricing and actuarial techniques and understanding of actuarial concepts such as loss development and trending.
• Understand ratemaking and its application, such as profitability, risk loads, etc.

Responsibilities

• Independently conduct and understand data analysis of business results including product refreshes, performance expectations and identifying root cause.
• Formulate and execute potential recommendations to drive growth and profitability impacts based on established strategy.
• Present, inform and influence recommendations to business partners including proposed product/pricing changes or new product builds.
• May function as a subject matter expert in strategic initiatives to support the goals and objectives of the broader organization.
• May coach and mentor on specific projects.
• Perform other duties as assigned.

Skills

Data analysis

Communication skills

Strategic thinking

Analytical mindset

Education

Bachelor's degree or equivalent

Tools

Competitive analysis tools

Job description

Travelers Companies, Inc. is seeking a Senior Analyst, Product Management to manage growth and profitability for a state(s), product, or line of business. You will analyze complex business problems and propose fact-based solutions with consideration of internal and external trends to achieve business objectives.

Collaborate with partners to ensure strategic direction and alignment. You will analyze data, present recommendations on product/pricing changes, and support broader strategic