Innovation Consultant

Chicago, Illinois

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
An Innovation Consultant is responsible for shaping and delivering new ideas for business units who engage with the Innovation Office. You will play a role in the facilitation of ideas for Travelers while ensuring that innovative ideas are suitably shaped, resourced and sponsored from beginning to end.

With some guidance, you will explore and build out ideas using the Travelers innovation methodology involving sponsors, product owners, topic leads and customers in collaboration with the Innovation Office Team. You will be central in the provision of research, insights and stimulus which help focus and optimize ideas. You will be available for direct customer engagement every step of the way to make ideas a reality.

This role is responsible for championing innovation throughout the Travelers business units and functions by:
Facilitating teams in exploring and developing ideas using the Travelers innovation methodology.
Providing training and innovation support to colleagues across the business.
Sharing with and supporting colleagues in deploying and using innovation tools and techniques.
Maintaining and improving the methodology framework, training, tools and techniques.
Fostering an open and accessible central experimentation capability.
This role does not manage others.

Primary Job Duties & Responsibilities
Supports the exploration and delivery of new ideas in partnership with business units utilizing the Travelers innovation methodology to de-risk decision making and optimize chances of success.Provides facilitation of idea generation, shaping and delivery through to whichever stage is appropriate through the methodology.Responsible for the sourcing of subject matter experts, both internal and tech partners, to optimize skills and achieve the desired outcomes.Supports a framework process that all Travelers innovation methodology participants adhere to and provides consistency in prioritization and outcome levels.Leads the research of specific ideas, trends in the market and consumers and presents findings and insights to the Innovation Office Team.Supports an ideation service for leadership teams which are explored through impactful stimulus to develop prioritized opportunities.Supports key stakeholder relationships with specific sponsors, product owners, topic leads and customers to maintain engagement and manage expectations.Coordinates with the Innovation Office team to ensure that ideas are strategically aligned, appropriately prioritized, scheduled and attended.Supports escalations and resolves issues, wherever they arise.Reports plans, project status and progress to the team as appropriate.Feeds into the Innovation Team tools and techniques as appropriate.Promotes the Innovation Team's open partnering approach to innovation.

Minimum Qualifications
4+ years of experience in digital transformation, product development, strategy consulting or innovation related field.

Education, Work Experience & Knowledge
Bachelor's degree (or equivalent) or advanced Experience preferred. 5+ years of experience in digital transformation, product development, strategy consulting or innovation related field preferred. Working knowledge of business operations and management is preferred. Experience with end-to-end proposition development experience, including marketing and market analysis, operations, technology, customer experience and commercials / business model. Experience with idea-generating techniques in a business context. Experience in lean methodologies to assist decision-making in uncertain environments, including: design thinking, lean start-up testing, agile product development. Evidence of direct responsibility for delivering specific components of innovative change. Ability to work in teams and deliver as part of multi-disciplinary cross-functional teams in a timely manner. Stakeholder management and evidence of building and maintaining relationships in a corporate setting. Experience of process/framework management and governance demonstrating familiarity in seeing key prioritization decisions made based on empirical data. Background in Insurance and/or Financial Services.

Job Specific & Technical Skills & Competencies
Interpersonal communication skills with ability to advise and consult. Analytical skills, with proven ability in synthesizing data from multiple departments to assist in decision-making. Good commercial acumen, with confidence in market sizing, investment analysis and financial modelling (including unit economics).

Physical Requirements
Sitting (Can stand at will) - Frequently

Equal Employment Opportunity Statement
Travelers is an equal opportunity employer.

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.