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Market Director
The Travelers Companies
Hartford, CT, United States
Job Details - this job has expired, please see similar jobs below
Primary Job Duties & Responsibilities
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.
Company Information
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.
Job Summary
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. This job is a Manager: Responsible for setting work objectives and goals for employees and managing their performance. Typically involved in compensation decisions. Employees have a formal reporting relationship to this job. This job works under General Supervision: Incumbent independently performs a variety of duties, including potentially complex duties within established policy guidelines; responsible for a defined set of assignments (e.g. assigned customers, claims or other specified set of responsibilities); is expected to set priorities and meet specific goals and objectives of the function or unit. (Typically pertains to advanced/operational, senior professional, unit supervisor)
Minimum Qualifications
Bachelor's degree required. Two years of experience in data analytics required. Thorough Knowledge of Microsoft office products (Excel, Word, Powerpoint) required.
Education, Work Experience & Knowledge
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.
Job Specific & Technical Skills & Competencies
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.
Physical Requirements
Operates standard office equipment - Frequently Sitting (Can stand at will) - Frequently Use of Keyboards, Sporadic 10-Key - Frequently
Equal Employment Opportunity Statement
Travelers is an equal opportunity employer.