Senior Director, Commercial Auto Benchmark and Data Modernization Lead
Location: Saint Paul
Posted on: June 23, 2025
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Job Description:
Who Are We? Taking care of our customers, our communities and
each other. That’s the Travelers Promise. By honoring this
commitment, we have maintained our reputation as one of the best
property casualty insurers in the industry for over 160 years. Join
us to discover a culture that is rooted in innovation and thrives
on collaboration. Imagine loving what you do and where you do it.
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
$142,500.00 – $235,100.00 Target Openings 1 What Is the
Opportunity? Are you eager to leverage your actuarial and analytics
skills to shape the implementation and application of new
commercial auto benchmark model (TCAP) and enhance foundational
data and analytics capabilities? We have an exciting opportunity
for you on the Business Insurance Actuarial Product Auto team! As
the Commercial Auto Benchmark and Data Modernization Lead, you will
be primarily responsible for leading high-profile initiative of
developing the new commercial auto benchmark model (TCAP) benchmark
capabilities (both GLM and GBM) and influencing data modernization
and batch rating tool initiatives with strong data and batch rating
knowledge. This role offers a unique opportunity to collaborate
with various teams across the organization including modeling,
product, IT, and business units to drive highly visible projects
and initiatives and lead a dedicated team of three analysts. The
Sr. Director, Actuarial and Analytics is an analytic leadership
role that is responsible for assigned unit typically involved in
reserving, rate-making, pricing, planning/forecasting, project
management and research. This role is expected execute strategic
and operational initiatives, drive change within assigned unit and
influence leaders up to the VP level with business partners in
assigned area, and share ownership of business financial results.
The Sr. Director, Actuarial and Analytics will work within broad
limits and authority on complex initiatives requiring specialized
knowledge and expertise in breadth and/or depth in several of the
following areas: Actuarial and/or research methods Advanced
statistical analyses Broad business knowledge In-depth Line of
Business knowledge Broader awareness of enterprise Actuarial &
Analytics community This role may lead a team. What Will You Do?
Strategy: Assess, prioritize, influence and communicate strategic
initiative options to senior leaders. Demonstrate effective
execution and completion of assigned strategic initiatives and
projects. Generate and advocate for process improvements and
actively propel innovation in alignment with existing strategy.
This position will lead assigned unit strategic initiatives and
cross-unit initiatives and is expected to participate in Enterprise
initiatives on a limited basis. Operational: Independently perform
actuarial and analytic analyses to solve business problems and
apply judgment appropriately. Drive day to day execution within
unit. Begin to drive broad department initiatives. Promote
efficiency across primary working group, balancing additional
effort against incremental lift gained from work. Make decisions
independently in accordance with department practices. Consistently
provide direction and review others’ analytical work. Begin to
translate ambiguous business needs into analytical solutions.
Provide support as necessary for initiatives across the Enterprise
within the scope of influence. Communication: Communicates on a
regular basis with staff, peers and business partners and on an
occasional basis with senior leaders. Tailors communication of
analysis, project results, and other business initiatives to
audience. Communicates technical topics to non-technical audiences.
Leads group discussions with primary working group. Creates formal
written communication such as memos or presentations. Able to
influence and collaborate with peers and partners to take actions
to enhance business outcomes. Talent: Staff responsibilities are
likely to include direct management of a small team of individual
contributors. Acquisition, retention, and development of talent for
assigned unit. Execute and communicate talent development
processes, including performance and personal development goals.
Succession planning and talent assessment recommendations.
Performance management. Support staff engagement cross Enterprise
initiatives. Mentor less experienced talent across the Enterprise.
Onboard new employees and interns in unit. Support various training
and skill development initiatives across Segment and the
Enterprise. May provide support for recruiting efforts and
candidate talent assessment efforts. Perform other duties as
assigned. What Will Our Ideal Candidate Have? College degree in
STEM related field. Associate Actuarial Credential preferred. 8
years of quantitative analysis experience. Strong understanding of
insurance products and industry. Demonstrated ability in actuarial
and quantitative analysis and statistical concepts. Leadership
experience. Excellent communication, collaboration and
relationship-building skills. Excellent communication skills with
the ability to present and translate complex information to
leadership and non-technical teams. Strong PC skills (MS Office)
and programming skills (eg. SQL, SAS). Leadership: Begins to
challenge conventional thinking. Takes ownership of projects
related to strategic initiatives and often makes independent
recommendations to influence business outcomes. Proficient in
Leading Self including exhibiting decisiveness and self-awareness
while also effectively managing ambiguity. Development of Leading
Others including modeling the way for others and leading cross-unit
projects. Initial development of Leading the Business including
actively engaging in driving business results, broad thinking and
promoting an Enterprise culture. Business Acumen: Has an in-depth
understanding and knowledge of certain key business drivers and
disciplines such as: underwriting, products, reinsurance,
distribution, sales, operations, risk control, claim, and
financials. Able to effectively utilize this business knowledge in
developing and implementing analytic solutions. Has perspective on
the industry and developing trends, including: technology, analytic
methodology, products, and performance of competitors. Is familiar
with most other key business drivers and disciplines. Relationship
Management: Proactively build and own professional business
relationships across the Enterprise. Generate and solicit ideas,
and drive consensus Aware of potential conflict and address
proactively. Acknowledge accomplishments of others to broader
organization. Set and manage expectations with business partners
for portfolio of projects. Understand diverse perspectives to
effectively accomplish business goals. Quantitative Analysis: Able
to introduce innovative techniques to both new and existing
problems. Independently perform and implement complex analytics.
Leads and actively engages in technical/peer reviews. Regularly
offers technical consultative feedback. Can assess various
technical solutions to optimize analytical outcomes. Occasionally
recognizes emerging issues that require a quantitative solution
within own portfolio of work. What is a Must Have? Bachelors Degree
or equivalent experience required. 5 years of comprehensive
quantitative analysis experience required. 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. Employment Practices Travelers is an equal opportunity
employer. We value the unique abilities and talents each individual
brings to our organization and recognize that we benefit in
numerous ways from our differences. In accordance with local law,
candidates seeking employment in Colorado are not required to
disclose dates of attendance at or graduation from educational
institutions. If you are a candidate and have specific questions
regarding the physical requirements of this role, please send us an
email so we may assist you. Travelers reserves the right to fill
this position at a level above or below the level included in this
posting.
Keywords: , Bloomington , Senior Director, Commercial Auto Benchmark and Data Modernization Lead, Accounting, Auditing , Saint Paul, Minnesota