Travelers Product Director, Agribusiness in Helena, Montana
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.
Job Description Summary
Supports the strategic and operations functions for Commercial Accounts IndustryEdge. Supports the overall profitability, growth and retention of the product line or industry and consistency of all related underwriting initiatives.
Primary Job Duties & Responsibilities
Conduct research and analyzes the pros and cons of a new product offering to support Commercial Accounts.
May gather data on corporate exposure, claim analysis, actuarial data, etc to support a corporate position.
Works collaboratively with business units to support product line strategy in the business and/or Business Insurance.
Recommends underwriting policies and standards which support the development of assigned product and services such as researching and identifying target business, competitor information, industry and economic factors across Commercial Accounts or Business Insurance.
May prepare the analysis and gather data to support the corporate underwriting policies/standards on topics of broad interest or national exposure such as catastrophes, terrorism, bird flu, global warming as respects to assigned Industries or Enterprise positions.
Works closely with actuarial staff to assure that forms and filings are supportive of the product and the organization.
May collect and analyze claim data to determine if claim initiatives are aligned with product line strategy.
Monitor product results (i.e., line profitability analysis, quarterly loss trends, utilization/productivity, etc.) and make recommendations for corrective action as necessary.
May prepare finding and analyze data in support of the company's position on the assigned product to respond to requests from regulators or state/national agencies.
May conduct training for UPDPs or other employees on the product of expertise. Will provide guidance to field staff on product specific issues.
Bachelor’s degree required.
4 years of insurance experience with working knowledge and experience in product, underwriting or coverage required.
Intermediate knowledge of Microsoft office products (Excel, Word, PowerPoint) required.
Education, Work Experience, & Knowledge
6 years of Business Insurance experience.
Business insurance forms/product development, claims or legal experience.
Thorough understanding of Business Insurance products, systems, contracts, forms, coverage, distribution channels, regulatory environment and insurance financials.
Advanced knowledge of Microsoft Office Visio
Advanced knowledge of Impromptu or similar query tool. Ability to collect data from data marts or willingness and ability to develop these skills.
Licensing or Certificates
- Preferred: matriculation in CPCU, IIA, or other recognized insurance designations (examples: ARM, CIC)
Job Specific Technical Skills & Competencies
Leading the Business:
Advanced leadership, innovation and initiating skills.
Customer-focused orientation (agent and consumer).
Demonstrates advanced understanding of Business Insurance.
Leading Self: Advanced oral and written communication skills.
Advanced organization and time management skills. Attention to detail.
Advanced ability to comprehend and communicate intent of state product strategies, underwriting strategies, and inter-relationships with coverage.
Advanced critical thinking and analysis skills to understand state specific results, state underwriting results, and competitor actions in order to recommend state specific actions. Advanced ability to assess state specific underwriting and financial results.
Actively invests in improving own capabilities.
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.