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 160 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
Actuarial
Target Openings
1
What Is the Opportunity?
The Manager, Actuarial and Analytics is an analytic role with responsibility for exposure-based pricing models in Travelers Europe.
The individual in this role is expected to be an influential member of a team of people who support pricing models, pricing data and pricing analysis in the actuarial department.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
This role is eligible for a £2500 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.
What Will You Do?
Operational:
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Maintain and develop pricing algorithms for Travelers Europe
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Liaise with underwriters to support use of pricing models
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Run processes for batch rating portfolios of business in Python
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Expand batch rater (and associated standard pricing dataset) to work for more products across Travelers Europe
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Run processes for calibrating base rates
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Prepare data and analysis for actuarial rating validation exercises for specific products
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Contribute to analysis of pricing model data
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Assist with other roles (e.g. case pricing, business planning, reinsurance purchase) carried out by the Travelers Europe pricing team.
Communication:
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Communicate with underwriters on the use of pricing tools
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Communicate with actuaries on appropriateness of data and analyses
What Will Our Ideal Candidate Have?
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University degree in STEM related field.
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Programming skills in R/Python or similar
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Strong understanding of insurance products and industry.
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Demonstrable ability in actuarial and quantitative analysis and statistical concepts.
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Associate Actuarial Credential preferred.
What is a Must Have?
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Bachelors Degree or equivalent experience required.
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Demonstrable experience in quantitative analysis required.
- Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
- Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
- Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
- Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that 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 programme that enables you to give back to the charity of your choice.
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.
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.
To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.
