Market Director - Select
Company: Travelers Canada
Location: Hartford
Posted on: March 16, 2023
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.Job CategoryProduct Management/PricingCompensation OverviewThe
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 - $167,100.00Target
Openings1What Is the Opportunity?This position in Select Accounts
(Business Insurance) will partner with senior regional leadership
to manage profit and growth in a region, or part of a region. This
role takes an active responsibility in formulating and
collaborating on local and countrywide strategies in conjunction
with regulatory, actuarial, and field partners. A Select Market
Director may manage individuals who focus on competitor behaviors,
marketplace dynamics, pricing segmentation, and line and segment
level analysis. This position also participates in line of business
strategies at a countrywide level, while collaborating with field
leadership to implement decisions at a state and regional
level.What Will You Do?
- Product Management lead role in a collaborative relationship
with field partners that supports local strategies.
- Potential of leading 2-3 individuals in a territory that
typically contains one large state or several smaller states.
- Analyze, evaluate, and develop conclusions for multiple
products in 3-6 lines of business including 15 segments across
multiple territories in multiple states.
- Take on a leadership role within the region in the development
of pricing and growth strategies in local region.
- Initiate strategies based on analysis of data with input from
field partners.
- Develop leadership qualities pertaining to the management of a
countrywide line of business.
- Understanding of interacting variables in marketplace
execution.
- Based on Travelers and industry information, formulate
conclusions and make strategic recommendations.
- Lead a team in the formulation of recommendations based on
analysis and interpretation of rates, data, and trends.
- Perform other duties as assigned. What Will Our Ideal Candidate
Have?
- Bachelor's degree in business management, mathematics,
management information, finance, actuarial science, economics or
other analytics related field preferred.
- Master's degree preferred.
- 4 years' experience working in financial services industry
preferred.
- General knowledge of Commercial Lines products and
systems.
- General knowledge of Pricing and Actuarial techniques.
- Ability to build, motivate, and develop team members
collectively and individually.
- Strong analytical ability.
- Problem solving skills.
- Strong verbal and written communication skills.
- Drive for results and action orientation.
- Excellent presentation skills.
- Consistent demonstration of quality decision making.
- Strong organizational and time management skills.
- Negotiation, conflict management, and influential ability.
- Ability to navigate different disciplines connected with
Product Management.
- Attract and retain top talent in the Select Product Management
team.
- Ability to balance quantitative analysis with local market
insight.
- Recognition of the effects of recommendations beyond individual
lines of business, or beyond Select.
- Leading others to develop strong working relationships with
business partners including business service centers, information
technology, claim, actuarial, etc.What is a Must Have?
- Bachelor's degree required.
- Two years of experience in data analytics required.
- Thorough Knowledge of Microsoft office products (Excel, Word,
Powerpoint) 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 and resources that empower you to achieve your wellness
goals. In addition, our Life Balance program provides access to
professional counseling services, life coaching and other resources
to support your daily life needs. Through Life Balance, you're
eligible for five free counseling sessions with a licensed
therapist.
- 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
PracticesTravelers 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. -If you are a candidate and have specific
questions regarding the physical requirements of this role, please
send us an 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.To learn more about our comprehensive benefit programs
please visit .
Keywords: Travelers Canada, Hartford , Market Director - Select, Executive , Hartford, Connecticut
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