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Market Analyst BI

Employer
Travelers Insurance
Location
Hartford, Connecticut
Salary
Not Specified
Closing date
Jul 7, 2019

View more

Category
IT , Operations
Job Type
Not Specified
Career Level
Not Specified

Job Details

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
Under Moderate Supervision, develops data and analytics that support profit and loss in particular product or LOB. Provides detailed analysis of product and growth for a product or LOB. Supports the formulation and implementation of product or LOB strategies through increased analysis and focus on competitor behaviors, marketplace dynamics, LOB and product analysis. This position does not manage others.


Primary Job Duties & Responsibilities
Analyzes trends and results for Business Insurance Lines, products across the country. Gathers data/information and performs analysis in support of strategy changes. Supports the analysis to inform markets of opportunities and trends impacting the Line of Business at a BI level. Supports the development of workflow practices/reporting ordering across BI that reduce redundancy and establish consistency. Develops collaborative relationships with key business partners that supports product and LOB strategies. Presents findings of analysis to management on a periodic basis. Other duties as assigned.

Minimum Qualifications
Bachelors degree required. General Knowledge of Microsoft office products (Excel, Word, Powerpoint).

Education, Work Experience & Knowledge
Bachelors degree in business management, mathematics, management information, finance, actuarial science, economics or other related field. 2 years of experience in data analytics. Experience working in financial services industry preferred. General knowledge of Business Insurance products and systems. Working knowledge of Pricing and Actuarial techniques.

Job Specific & Technical Skills & Competencies
Technical Knowledge/Critical Thinking: Able to extract and analyze competitive data. Team Orientation: Ability to interact with the field sales team, work with DOI and connections within the Industry to gather competitive intelligence. Planning and Project Management: Strong organization and time management skills. Communication Skills: Strong verbal and written communication skills Knowledge: Understands basic actuarial concepts such as loss development and trending. Solid understanding of competitive analysis tools. Understanding of basic ratemaking and its application, such as profitability, risk loads, etc. Solid understanding of techniques and models used to forecast insurance financials. Understands and is able to access available sources of Travelers and Industry trend information. Solid understanding of and good working relationship with claim, business centers, call centers, and information technology. Understands the workflow and terminology of these areas and their impact on PL. Solid knowledge of Excel, Access, and Word.

Environmental/Work Schedules/Other
Weekend work hours (Occasionally) Travel (Occasionally)

Physical Requirements
Operates standard office equipment (Frequently) Sitting (can stand at will) (Frequently) Standing (Frequently)

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

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WHO WE ARE

Imagine a Career With Purpose.

For more than 160 years Travelers has earned a reputation as a leader in personal, business and specialty insurance because we take care of our customers. When you work at Travelers, life’s most important moments become your life’s work. That means helping families feel secure, businesses to prosper, knowing that you’ve made a difference, and feeling like you belong to something bigger.


LIFE AT TRAVELERS

Imagine Playing a Role in Something Bigger.

A career at Travelers means being part of a team comprised of 30,000 + talented and passionate people that’s evolving to meet changing needs – from customer service to data science and beyond. If that’s more than you imagined in an insurance career, it’s time to join us at Travelers.


JOIN OUR TALENT COMMUNITY
As a part of our Talent Community, you will receive customized job alerts, be the first to know about opportunities to work at Travelers, and stay connected with our recruiters!

 

 

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