The Travelers Companies, Inc

Manager, Product Management - Auto Line

The Travelers Companies, Inc • $101K — $167K *
Hartford, CT 06106Hybrid
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Business Management/Administration, Mathematics, Finance, Actuarial Science, Economics, or related analytics field.
  • 5 years experience in a mathematical or analytical role, preferably in financial services.
  • Experience developing forecasting techniques for insurance financials.
  • Deep understanding of Travelers' business strategy and objectives.
  • Excellent communication skills for influencing management.
  • Strong analytical skills for assessing data and making business recommendations.
  • Knowledge of pricing and actuarial techniques.

Responsibilities

  • Lead data analysis of business results, including product performance and identifying root causes.
  • Influence recommendations for growth and profitability based on strategy and market dynamics.
  • Present product and pricing proposals to leadership stakeholders.
  • Act as a senior resource for strategic initiatives aligning with organizational goals.
  • Manage and guide analysts in their work.
  • Perform additional duties as assigned.

Benefits

  • Health insurance coverage from the first day of employment for employees and eligible family members.
  • 401(k) matching contributions dollar-for-dollar up to 5% of eligible pay, with options for student loan payments.
  • Minimum 20 days of Paid Time Off plus nine paid holidays annually.
  • Comprehensive wellness program including mental health services and health coaching.
  • Encouragement for community involvement through Matching Gift and Volunteer Rewards.
Full Job Description
Job Category
Product

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
$101,300.00 - $167,000.00

Target Openings
1

What Is the Opportunity?
Within the Product team at Travelers, you will have the opportunity to regularly engage in unique and intellectually stimulating business problems. As a Manager, Product Management, you will manage the growth and profitability for a state(s), product, or line of business. You will analyze complex business problems and propose fact-based solutions with consideration of internal and external trends to achieve business objectives. By collaborating and influencing key stakeholders across the organization you will also ensure strategic direction and alignment for successful execution. You will coach and lead cross functional team(s) on growth strategies, products, and objectives.What Will You Do?
  • Lead and guide the data analysis of business results including product refreshes, performance expectations and identifying root cause.
  • Develop and influence recommendations to drive desired growth & profitability impacts that demonstrate a holistic view of short- and long-term strategy with consideration for local regulatory nuances and broader marketplace dynamics.
  • Present, inform and influence recommendations to key leadership stakeholders including proposed product/pricing changes or new product builds.
  • Act as a senior resource in key strategic initiatives to support the goals and objectives of the broader organization.
  • Manage, coach, and/or guide analysts.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor’s degree in Business Management/Administration, Mathematics, Finance, Actuarial Science, Economics, or other analytics related field.
  • Five years’ experience working in a mathematical, analytical, or data related role preferably in the financial services industry.
  • Experience developing techniques and procedures used to forecast insurance financials.
  • Has deep understanding of Travelers' business strategy and plan objectives to align with enterprise goals.
  • Excellent communication skills with the ability to interact and influence management.
  • Excellent analytical skills with the ability to evaluate and understand current data and systems, find deficiencies/opportunities, recommend changes, and translate into business impacts.
  • Demonstrated knowledge of pricing and actuarial techniques and understanding of actuarial concepts such as loss development and trending.
  • Understand the workflow and terminology of insurance products and processes and their impact on profit and loss.

What is a Must Have?
  • Bachelor's Degree or equivalent combination of education and experience.
  • Three years of experience in data analytics or similar work experience.

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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at The Travelers Companies, Inc

More Finance & Insurance Jobs

Find similar Manager, Product Management - Auto Line jobs:

NationwideHartford, CT