Travelers

Senior Analyst, Product Rating

Travelers

full-time

Posted on:

Location Type: Hybrid

Location: Hartford • Connecticut • Minnesota • United States

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Salary

💰 $81,500 - $134,500 per year

Job Level

Senior

About the role

  • Conduct thorough analysis and contribute to business requirements, including rate filings and related documentation to ensure alignment with strategic objectives and regulatory standards.
  • May coach less experienced members of the team through this analysis.
  • Design and implement structure changes to new and existing products and build rate pages for rate manuals.
  • Determine testing scope, perform unit testing, and validate modifications to adhere to best practices and business unit filing and regulatory requirements.
  • Triage and resolve issues that arise during subsequent testing phases.
  • Ensure optimal functionality and accuracy of product configuration rules, rate factors within existing rating tables, and recommend enhancements and efficiencies to other business owned rating technologies.
  • Develop effective relationships with business partners such as actuarial to provide insightful consultation on the development of rating business and worksheet requirements.
  • Identify the root cause of rating discrepancies and perform analysis to rectify the issue.
  • Perform other duties as assigned.

Requirements

  • Bachelor's degree in a related field.
  • Three or more years of programming and configuration, development, product, actuarial, regulatory or rating experience.
  • Understanding of personal or commercial property casualty insurance products.
  • Strong knowledge of relational databases, rating engines, programming languages and/or the methodologies used in assessing risk and determining pricing strategies.
  • Effective verbal and written communication skills to collaborate with and influence agents and consumers.
  • Strong critical thinking and analysis skills to address rating challenges and develop solutions.
  • Strong organization and time management skills to prioritize workload and ensure timely completion of assignments.
  • Strong ability to lead opportunities for improvement, drive positive change within the team, and contribute creative ideas or solutions.
  • Bachelor’s degree in computer science or a related field, or equivalent combination of education and work experience.
  • Two or more years of programming, development, product, or rating experience.
Benefits
  • 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.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
programmingconfigurationdevelopmentactuarialregulatoryrating experiencerelational databasesrating enginesrisk assessment methodologiespricing strategies
Soft Skills
verbal communicationwritten communicationcritical thinkinganalysisorganizationtime managementleadershipcollaborationproblem-solvingcreativity
Certifications
Bachelor's degreeBachelor's degree in computer science