Director, Research & Modeling Job

Job Title: Director, Research & Modeling
Job ID: 791668
Location: CT-Hartford

Available Openings: 1

Committed. Competitive. Constructing our Future.

That's Travelers. We are one of the leading insurance companies in the United States. 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.

SUMMARY:
Provides technical and quantitative analysis for predictive modeling group.
Brings business knowledge to help creatively solve business problems.
Assists in in-depth efforts applying and implementing predictive modeling results.
Directs analysts in research and predictive modeling projects.
Assists in statistical data mining and other actuarial research by applying advanced statistical concepts.
Uses computer technology, computer modeling, spreadsheet applications, software tools and programming languages.
Assists in designing reports to enhance analysis
Designs, writes and tests computer programs in model-building.
Participates in and may be responsible for projects requiring advanced statistical analyses, innovative research, mathematical calculations and technical skills.
May direct projects that have significant financial impact and may present to senior level management.

PRIMARY DUTIES:
Conduct research and predictive modeling.
Interpret data and identify correlations using both univariate and multivariate analysis.
Participate in discussions regarding underwriting strategy.
Communicate results and their implications to business centers.
Prepare responses to inquiries from business areas.
Oversee programming in SAS, VBA, Excel, Access or company software.
Participate in and/or is responsible for advanced projects.
Present findings to underwriting and actuarial management.
Provide assistance and supervision to less experienced staff.

WORK EXPERIENCE:
Generally 5 to 7 years of research, modeling or actuarial experience
Demonstrated ability in statistical modeling and data mining techniques (GLM, clustering, decision trees, etc)
Strong understanding of insurance related modeling and data
Strong project management skills
Knowledge of insurance products and operations
Basic understanding of accounting principles and solid understanding of financial reporting
Basic understanding of regulatory environment

CERTIFICATES/DEGREES:
College degree in statistics, mathematics, economics, finance, actuarial science or equivalent
Advanced degree in statistics (or related) or professional actuarial designation a plus

COMMUNICATION SKILLS:
Excellent communication skills

COMPUTER SKILLS:
Excellent understanding of computers, programming, SAS, Excel spreadsheets, Word and database software

Travelers is an equal opportunity employer. We actively promote a drug-free workplace.

Nearest Major Market: Hartford
Job Segments: Healthcare, Management, Manager, Research