Travelers Insurance Company Market Director - Select in Des Moines, Iowa
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.
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.
$100,400.00 - $165,700.00
What 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.
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.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email (4-ESU@travelers.com) 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 http://careers.travelers.com/life-at-travelers/benefits/ .
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