The Travelers Companies, Inc

AVP, Strategy and Process Engineering, Bond and Specialty (BSI)

The Travelers Companies, Inc • $153K — $253K *
Hartford, CT 06106In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Finance, Economics or related; MBA preferred.
  • 10+ years in strategy or management consulting with executive advisory experience.
  • Experience in management or internal strategy consulting.
  • Insurance or financial services experience preferred; specialty insurance knowledge is a plus.
  • Lean Six Sigma certification (Master Black Belt) or equivalent proficiency in process engineering methodology.

Responsibilities

  • Partner with senior leadership to develop and articulate BSI's long-term strategy.
  • Lead end-to-end strategy engagements including growth planning and organizational design.
  • Drive AI adoption within strategy and process engineering teams.
  • Create executive-ready communications to guide senior leadership decisions.
  • Conduct capability and market assessments to prioritize strategic investments.

Benefits

  • Health Insurance coverage from the first day of employment for employees and eligible family members.
  • 401(k) plan with dollar-for-dollar match on the first 5% of eligible pay and student loan repayment contributions.
  • Minimum of 20 days Paid Time Off annually, plus nine paid company holidays.
  • Comprehensive wellness program including mental health resources and health coaching.
  • Encouragement and support for community involvement through a Matching Gift and Volunteer Rewards program.
Full Job Description
Job Category

Operations

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range
$153,700.00 - $253,700.00

Target Openings

1

What Is the Opportunity?

As an AVP, BSI Strategy, you will serve as a senior strategic and operational leader responsible for shaping BSI's long-term direction, leading its process engineering function, and developing the team of professionals who deliver both. Reporting to the head of Strategic Planning & Execution, you will partner closely with BSI's senior leadership team to help shape BSI's long-term strategy, translate ambiguous priorities into clearly scoped, and high-impact initiatives. Success in this role means operating as a trusted advisor to BSI senior leaders and across BSI functions. This includes consistently delivering rigorous strategic analysis and actionable recommendations, coaching senior leaders through the strategy development process, driving alignment and buy-in across BSI functions, and building a high-performing team capable of executing both strategy engagements and process improvement work at the highest level of quality.What Will You Do?
  • Partner with the head of Strategic Planning & Execution and BSI senior leadership to shape, pressure-test, and articulate BSI's long-term strategy and growth roadmap, acting as a strategy thought partner to pull together disparate points of view leveraging BSI, enterprise and external data.
  • Lead discrete strategy engagements end-to-end. Including strategy development, growth planning, operating model and organizational design, and transformation. Setting the framework, work plan, analytical approach, and narrative for each.
  • Drive adoption of AI across the strategy and process engineering group, learning where to best leverage to generate value for the work.
  • Craft executive-ready communications that translate complex analysis into clear findings, strategic options, and recommendations that drive senior leader decisions and organizational action.
  • Conduct capability and market assessments, drawing on research and competitive intelligence where BSI should compete and how it should prioritize investments.
  • Lead the BSI process engineering function, setting its priorities, methodology, and standards, and directly connecting its work to the broader strategy agenda so that process improvement initiatives advance strategic goals.
  • Oversee the portfolio of process assessment and improvement projects, ensuring rigorous root-cause analysis and recommendations that improve efficiency, effectiveness, customer experience, and business results.
  • Manage the intake and prioritization of strategy and process improvement demand across BSI, allocating resources across teams and maintaining accountability for on-time, high-quality delivery.
  • Lead, coach, and develop a team of Directors and Senior Directors across both strategy and process engineering disciplines, elevating capability and career development across functions.
  • Present findings and recommendations directly to senior leaders, provide ongoing project status updates, and maintain business alignment across all phases of the work.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor's Degree in Business, Finance, Economics, or a related field; MBA or advanced degree preferred.
  • 10 or more years of progressive experience in strategy, management consulting, or a related field, with a demonstrated record of advising senior executives on high-stakes decisions.
  • Experience in a management consulting or internal strategy consulting environment.
  • Insurance or financial services experience; specialty insurance knowledge a plus.
  • Meaningful experience leading or overseeing process improvement or operational excellence work.
  • Proven ability to structure ambiguous problems, design work plans, and drive analysis to a clear recommendation.
  • Lean Six Sigma certification (Master Black Belt) or equivalent demonstrated proficiency in process engineering methodologies.
  • Exceptional analytical skills with the ability to interpret complex data, identify patterns, and translate insights into strategic recommendations for senior leadership.
  • Advanced communication, presentation, and influencing skills with the ability to present complex information to all levels of management in clear, relevant business terms.
  • A proven track record as a leader who is well-respected and highly organized, with the ability to coach and develop team members and strategically align resources to accomplish key objectives.
  • Ability to manage multiple concurrent priorities and effectively lead in an agile environment.


What is a Must Have?
  • 8 years of experience in strategy, management consulting, process improvement, or a related field.


What Is in It for You?
  • Health Insurance: Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
  • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to 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 program that enables you to give back to the charity of your choice.

About The Travelers Companies, Inc

Travelers is an insurance leader, committed to keeping pace with the ever-changing needs of their customers and anticipating their needs for the future. There is no stronger testament to their dedication to protecting customers from loss than their continued innovation and ability to transform their industry. In fact, from the first-ever auto and space travel policies and hybrid car discount, to the 2009 founding of The Travelers Institute for public policy, their history of advancements has propelled their company—and their industry—towards ever higher standards for customers. Travelers is a company that works hard at the science of what they do: they analyze information, process perspectives and measure results to create the best combination of products and services. They work equally hard at customer service and how they interact with the people whom they do business. Over the years, they've strived to earn their customer's loyalty by continually improving their abilities to listen and respond to their needs.

The Travelers Companies, Inc Careers

Join the vibrant team at The Travelers Companies, Inc, a leader in the insurance industry, and propel your career to new heights with a company known for its commitment to innovation, leadership, and professional growth.

Explore Job Opportunities and Growth

At The Travelers Companies, Inc, we offer a plethora of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking a position in management, customer service, underwriting, or IT, we have a place for you. Our commitment to professional growth means we provide unparalleled career advancement tools and leadership training to help you climb the ladder of success.

Internship Programs: A Gateway to Employment

Kickstart your career with our dynamic internship programs. These opportunities are designed not just to teach, but to challenge and expand your understanding of the industry. Internships at Travelers are a perfect way to enhance your resume and gain valuable real-world experience, making you a competitive candidate for future employment.

Culture and Benefits

At The Travelers Companies, Inc, we pride ourselves on a culture that fosters diversity, networking, and innovation. Our team is our family, and we support each other's professional and personal growth. The benefits at Travelers are comprehensive, designed to meet the diverse needs of our employees, including health, wellness, and continuous education.

Hiring Process: What to Expect

Our hiring process is straightforward and transparent, designed to find passionate, curious, and solution-driven team players. From the initial application and resume submission to the interview, we ensure that every candidate is treated with respect and given a fair chance to demonstrate their capabilities.

Career Development and Training

We believe in nurturing talent and providing our team with the tools they need to succeed. Our career development programs include professional training, diversity training, and skills enhancement workshops. These resources are tailored to foster innovation and empower our employees with the latest industry knowledge and best practices.

Join Our Team

Are you ready to explore the exciting career opportunities at The Travelers Companies, Inc? Search open positions that match your skills and interests. We are always looking for individuals who are driven to innovate and lead.

Stay Connected

Keep up to date with the latest news, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the rewarding opportunities that await at The Travelers Companies, Inc.

Explore Careers at The Travelers Companies, Inc

Embark on a journey of growth, opportunity, and excellence. At The Travelers Companies, Inc, your career is just beginning. Join us and make a difference in a company that values leadership, diversity, and forward-thinking.
Learn more about The Travelers Companies, Inc
Size
30,800 employees
Market Cap
$44.1 billion
Industry
Finance & Insurance
Net Income
$2.6 billion
Founded
1853
5 Year Trend
+4.7%
Revenue
$32 billion
NASDAQ
TRV
* Ladders Estimates

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