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.

What Is the Opportunity?

We are looking for a qualified Actuary to join our team based in London, Redhill or Dublin. This is an analytic leadership role that is responsible for the implementation of a variety of actuarial/statistical techniques and analyses which includes pricing, reinsurance, regulatory reporting, planning/forecasting, project management, portfolio management and research.

This role is expected to execute strategic and operational initiatives, drive change within assigned unit, provide analytical insights and recommendations to leadership and business partners, and share ownership of the business's financial results.

The Director, Actuarial and Analytics will work within broad limits and authority on complex assignments requiring specialised knowledge and expertise in breadth and/or depth in one or more of the following areas:

- Actuarial and/or research analysis/methods

- Pricing Tool and Analytics delivery

- Strategic guidance to business

Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.

This role is eligible for a £5000 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.

What Will You Do?

Strategy:

Assess, prioritise, influence and communicate strategic initiative options to senior leaders.
Demonstrate effective execution and completion of assigned strategic initiatives and projects.
Regularly generate process improvements and explore opportunities for innovation.
Lead assigned unit strategic initiatives (narrow scope, limited and well defined) and cross-unit initiatives on a limited basis and is expected to participate in Europe or Enterprise initiatives on a limited basis.

Operational:

Independently perform actuarial and analytic analyses to solve business problems and apply judgment appropriately.
Drive day to day execution within unit. Support broad department initiatives.
Promote efficiency across primary working group, balancing additional effort against incremental lift gained from work.
Begin to make decisions independently in accordance with department practices.
Provide direction and review others' analytical work.
Translate business requests into analytical solutions.
Provide support as necessary for initiatives within Europe or across the Enterprise within the scope of influence.

Communication:

Communicates on a regular basis with staff, peers and business partners and on an occasional basis with senior leaders.
Tailors communication of analysis, project results, and other business initiatives to audience.
Communicates technical topics to non-technical audiences with limited guidance.
Leads group discussions with primary working group.
Creates formal written communication such as memos or presentations with limited guidance.
Able to influence and collaborate with peers and partners to take actions to enhance business outcomes.

Talent:

Staff responsibilities are likely to include direct management of a small team of individual contributors.
Acquisition, retention, and development of talent for assigned unit.
Execute and communicate talent development processes, including performance and personal development goals.
Succession planning and talent assessment recommendations.
Performance management.
Support staff engagement across Europe and Enterprise Initiatives.
Mentor less experienced talent within Europe or across the Enterprise.
Onboard new employees and interns in unit.
Support various training and skill development initiatives across Segment, Europe and the Enterprise.
May provide support for recruiting efforts and candidate talent assessment efforts.

Be Committed, Be Connected, Be Creative and Be Energised – these are the values we are passionate about. Understanding and embracing our values will shape your success and contribute to making Travelers Europe a great place to work.

To be successful, you will need to consistently deliver a great experience in every customer contact; connect with the right partners internally to find creative solutions to problems; be a role model; and consistently deliver on your commitments.

What is a Must Have?

Qualified Actuary
Several years of industry experience
Bachelor's Degree required.
Solid experience performing quantitative analysis required.

What Will Our Ideal Candidate Have?

University degree in STEM related field.
Associate Actuarial Credential preferred.
Strong understanding of insurance products and industry.
Demonstrated ability in actuarial and quantitative analysis and statistical concepts.
Management experience.

What Is in It for You?

Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
Retirement: Travelers will make a basic contribution of 9% of pensionable salary to your Group Personal Pension Plan (“GPPP”). If you decide to contribute an additional amount from your salary, you will receive an increased company contribution up to a maximum of 3%. This would bring the total company contribution to 12%.
Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
Wellness Programme: The Travelers wellness programme is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Employee Assistance programme provides access to professional counseling services and other resources to support your daily life needs. Through the EAP, 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 programme that enables you to give back to the charity of your choice.

Employment Practices

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.

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