Sr Dir Actuarial Analysis

Saint Paul, Minnesota

Company Information
Solid reputation, passionate people and endless opportunities. That's Travelers. 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.

Job Summary
Manages actuarial research required to identify and solve actuarial problems to achieve company objectives for profitability and growth. Using broad based actuarial, business and computer technology skills, oversees support staff and the production of analytical and statistical information to be used in actuarial computations. Manages the documentation for pricing, product development, forecasting, reserve testing, regulatory filings, and other actuarial research. Ensures that actuarial systems and databases conform to and utilize actuarial setting methodologies and produce accurate, efficient and consistent data. Expected to coordinate and implement decisions between actuarial units and the business units. Responsible for complex projects requiring advanced statistical analyses, actuarial research, mathematical calculations and technical skills. May direct projects that have significant financial impact and may present to senior level management. Provides advice and direction to less experienced staff. May supervise junior level staff.

Primary Job Duties & Responsibilities
Conducts high-level, complex analysis in support of Actuarial staff. Interprets data and identifies trends. Offers recommendations and implements decisions. Participates in discussions regarding underwriting strategy. Critiques current systems, recommends changes as needed, and is responsible for implementation. Responsible for advanced projects. Presents findings to underwriting and actuarial management. May supervise actuarial support function or support staff. Responsible for determining goals and setting direction and priorities for the support unit. Other duties as assigned.

Minimum Qualifications
Bachelors Degree or equivalent education required. 5 years analytics experience required. Comprehensive knowledge of quantitative analysis required.

Education, Work Experience & Knowledge
College degree in actuarial science, mathematics, economics, finance, statistics or equivalent preferred. 10+ years of insurance experience preferred. Thorough knowledge of insurance products and operations. Strong understanding of the interrelationships and characteristics of the various distribution channels. Understands marketplace conditions and how they impact financial models and results. Excellent project management skills. Thorough understanding of regulatory environment. Supervisory experience. Effective communication, leadership and training skills. Excellent understanding of computers, programming, Excel spreadsheets, Word and database software.

Job Specific & Technical Skills & Competencies
Thorough understanding of accounting principles, financial reporting, income statements and balance sheets. Strong understanding of insurance related models (ROE, cat modeling, etc.). Demonstrated ability in actuarial and quantitative analysis and statistical concepts.

Physical Requirements
Operates standard office equipment. Sitting (can stand at will). Use of Keyboards, Sporadic 10-Key.

Equal Employment Opportunity Statement
Travelers is an equal opportunity employer.
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About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $25 billion in 2010.