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
Provide a high level of technical and quantitative support to actuarial staff to achieve company objectives for profitability and growth. Assists in development of rates, rating plans, pricing strategies, product development, financial forecasting, management reporting, and other actuarial research by applying advanced statistical concepts to quantitative support. Ensures that actuarial systems and databases produce accurate and efficient data. May assist with implementing actuarial decisions and strategies. Responsible for 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. This position works under limited supervision.

Marketing Description
This position is located in Hartford, CT and resides in CMP State Pricing within Small Commercial Analytics. CMP State Pricing provides support and expertise to business partners in the development of rates, rating plans, pricing strategies, management reporting, and other actuarial research to help achieve company objectives for profitability and growth for the CMP/BOP line of business. This position will have an opportunity to work on pricing changes as well as projects requiring mathematical calculations and technical skills. This position works under limited supervision.

Primary Job Duties & Responsibilities

• Close interaction with Select Product Management in support of state pricing strategies for CMP line of business.
• Conduct actuarial analysis of state results and make recommendations for changes.
• Develop rate indications in support of rate strategy.
• Run disruption in SAS to quantify impacts of proposed rate changes.
• Prepare and submit rate filings.
• Prepare responses to inquiries from insurance regulators.
• Prepare and validate revised rates for loading into production.
• Conduct actuarial analysis of countrywide results in support of projects and adhoc requests.
• Participate on segment CUREs to offer actuarial support.
• Utilize technology (such as SAS) to automate or improve processes.

Minimum Qualifications
Bachelors Degree or equivalent education required. 1 year analytics experience required.

Education, Work Experience & Knowledge
College degree in actuarial science, mathematics, economics, finance, statistics or equivalent preferred. 2 years analytics experience preferred. 5+ years of insurance experience preferred. Strong understanding of accounting principles and solid understanding of financial reporting. Strong knowledge of insurance products and operations. Good understanding of insurance related models (ROE, cat modeling, etc.). Demonstrated ability in actuarial and quantitative analysis and statistical concepts. Strong project management skills. Solid understanding of regulatory environment. Effective communication skills. Excellent understanding of computers, programming, Excel spreadsheets, Word and database software.

Job Specific & Technical Skills & Competencies

• Working knowledge of quantitative analysis.
• Exposure to or direct experience with rate filings.

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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