Executive Job Description | 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.
Senior Director, Research & Modeling in Business Insurance
SUMMARY:
This position will help to take pricing for Select Accounts to the next level! Candidates should be results focused, analytical, and creative. This position:
- Provides technical and quantitative analysis for predictive modeling group.
- Brings business knowledge to help creatively solve business problems.
- Required to lead in-depth efforts applying and implementing predictive modeling results.
- May manage staff.
- Directs analysts in research and predictive modeling projects.
- Assists in statistical data mining and other actuarial research by applying advanced statistical concepts.
- Uses computer technology, computer modeling, spreadsheet applications, software tools and programming languages.
- Assists in designing reports to enhance analysis
- Designs, writes and tests computer programs in model-building.
- Participates in and is responsible for projects requiring advanced statistical analyses, innovative research, mathematical calculations and technical skills.
- Directs projects that have significant financial impact and may present to senior level management.
PRIMARY DUTIES:
Conduct research and predictive modeling.
Interpret data and identify correlations using both univariate and multivariate analysis.
Participate and influence results in discussions regarding underwriting strategy.
Communicate results and their implications to business centers.
Organize and lead effort of responding to inquiries from business areas.
Oversees programming in SAS, VBA, Excel, Access or company software.
Participates in and is responsible for advanced projects.
Present findings to underwriting and actuarial management.
Provide assistance and supervision to less experienced staff.
Present recommendations to senior management.
WORK EXPERIENCE:
Generally 7+ years of research, modeling or actuarial experience
Strong understanding of insurance related modeling and data
Strong project management skills
Knowledge of insurance products and operations
Basic understanding of accounting principles and solid understanding of financial reporting
Solid understanding of regulatory environment
Proven management of staff
CERTIFICATES/DEGREES:
College degree in statistics, mathematics, economics, finance, actuarial science or equivalent
Advanced degree in statistics (or related) or professional actuarial designation a plus
COMMUNICATION SKILLS:
Excellent communication skills
COMPUTER SKILLS:
Excellent understanding of computers, programming, SAS, Excel spreadsheets, Word and database software
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