Jobs
From: LTT
Date: Wed, 23 Sep 2009
Subject: Hartford, CT: Second Vice President, Research & Modeling - Personal Insurance, job 788299 at Travelers
At Travelers, we're committed to bringing our customers innovative insurance solutions that are in-synch with their ever-changing lives. We are constantly thinking ahead to determine how we can better meet the needs of our customers. That's where you come in. As part of our Research & Modeling team, your work will help us shape tomorrow's insurance industry.
We're looking for talented individuals who have experience in managing research and modeling and want to work in a high-performance, cutting-edge environment. Our superior financial strength and consistent record of strong operating returns mean security for our customers and opportunities for our employees. Travelers is full of energy with unlimited rewards if you are driven and passionate about what you do.
SUMMARY:
The 2VP, Research is responsible for leading a team of technical professionals engaged in research, data mining and predictive modeling efforts. Through the work of this team, Travelers is able to identify profitable and unprofitable segments of the business for pricing, underwriting and marketing action. This position is also responsible for directing and managing the research team as they conduct exploratory research in concepts relatively new to the insurance industry, including lifecycle underwriting and lifetime value of a customer household. In this capacity, the 2VP, Research supports the achievement of profit, expense and business objectives of the business line.
PRIMARY DUTIES:
- Provide technical leadership to the team. Translate high-level business needs into appropriate analysis to deliver actionable results on a tight time frame.
- Build and manage a strong analytics team. In this capacity, define positions, interview and select team members, establish performance metrics, challenge, mentor and coach staff.
- Identify potential research areas and evaluate their usefulness.
- Secure sponsorship/support for high potential pay-off projects.
- Write detailed research reports for senior management review/action.
- Manage multiple projects and all phases of a project
- Assist in implementation of results of analysis. Assistance to include working with internal support staff (e.g., technology staff, business centers, product management unit, finance, etc.) to ensure results are available to the end user.
- Manage vendors [contracts, projects and performance]
- Carry out administrative responsibilities including budgeting and expense management
- Data Mining/predictive modeling experience
- Advanced degree (Ph. D. or MS) in Mathematics/Statistics/Engineering
EDUCATION/COURSE OF STUDY:
- Clearly demonstrates specific knowledge requirements related to research and analysis.
- Is action-oriented in approach to solving business problems.
- Demonstrate a high degree of trust through demonstrated personal integrity, ethics and a commitment to doing the right thing.
- Ability to proactively recognize opportunities to achieve the best results.
- Solid strength in research leadership skills. Ability to look at things in new and innovative ways to benefit the business and positively impact profitability and sales results.
- Ability to communicate, present ideas and give direction related to this function in a clear and effective manner.
- Able to create a positive working environment within unit. Seek out opportunities that further develop self and/or staff members with critical knowledge and skills. Set clear standards of performance, track, evaluate and effectively communicate feedback to others.
- Commitment to excellence in research.
- Ability to work independently.
- Tenacity - ability to persist in an environment resistant to change
WORK EXPERIENCE:
- Clearly demonstrates specific knowledge requirements related to research and analysis.
- Is action-oriented in approach to solving business problems.
- Demonstrate a high degree of trust through demonstrated personal integrity, ethics and a commitment to doing the right thing.
- Ability to proactively recognize opportunities to achieve the best results.
- Solid strength in research leadership skills. Ability to look at things in new and innovative ways to benefit the business and positively impact profitability and sales results.
- Ability to communicate, present ideas and give direction related to this function in a clear and effective manner.
- Able to create a positive working environment within unit. Seek out opportunities that further develop self and/or staff members with critical knowledge and skills. Set clear standards of performance, track, evaluate and effectively communicate feedback to others.
- Commitment to excellence in research.
- Ability to work independently.
- Tenacity - ability to persist in an environment resistant to change
_Contact_:
Please go to www.travelers.com/careers and apply to job ID # 788299. All applications will be reviewed.
Travelers is an equal opportunity employer. We actively promote a drug-free workplace.
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