Director, Product Management - Business Insurance Product, General Liability & Umbrella
Company: The Travelers Indemnity Company
Location: Hartford
Posted on: June 2, 2025
Job Description:
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.Compensation OverviewThe 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.Salary
Range$117,200.00 - $193,400.00Target Openings1What Is the
Opportunity?Within the Product team at Travelers, you will have the
opportunity to regularly engage in unique and intellectually
stimulating business problems. As a Director, Product Management,
you will manage the growth and profitability for multiple state(s),
product, or line of business. You will lead others in the
formulation of recommendations based on analysis and interpretation
of rates, data, and trends to achieve business objectives. By
collaborating and influencing key stakeholders and senior leaders
across the organization you will also ensure strategic direction
and alignment for successful execution. You will lead cross
functional team(s) on growth strategies, products, and
objectives.What Will You Do?
- Direct and initiate the process of complex data analysis of
business results including product refreshes, performance
expectations and identify root causes and how results impact the
broader organization.
- Manage, coach, and guide a team and/or project
initiatives.
- Develop and influence recommendations to drive desired growth &
profitability impacts based on holistic view of short- and
long-term strategy with consideration for local regulatory nuances
and broader marketplace dynamics.
- Implement strategic vision and navigate and adjust short- and
long-term strategies to adopt recommendations.
- Independently present, inform and influence recommendations to
senior leadership including proposed product/pricing changes or new
product builds to gain consensus on implementing
recommendations.
- Act as a senior resource in key strategic initiatives and
projects in support of the broader organization, leveraging
cross-functional leadership and strong communication with
stakeholders.
- Perform other duties as assigned.What Will Our Ideal Candidate
Have?
- Bachelor's degree in Business Management/Administration,
Mathematics, Finance, Actuarial Science, Economics, or other
analytics related field.
- Six years' experience working in a mathematical, analytical, or
data related role preferably in the financial services
industry.
- Has deep understanding of Travelers' business strategy and plan
objectives to align with enterprise goals.
- Excellent communication skills with the ability to interact and
influence with all levels of the organization.
- Exceptional data analysis skills with the ability to interpret
trends and report insights and recommendations to business
partners.
- Proven leadership skills with the ability to manage change,
develop employees, and align resources to accomplish key
objectives.
- Deep knowledge of pricing and actuarial techniques and
understanding of actuarial concepts such as loss development and
trending.
- Understand the workflow and terminology of insurance products
and processes and their impact on profit and loss.What is a Must
Have?
- Bachelor's Degree or equivalent combination of education and
experience.
- Four years of experience in data analytics or similar work
experience.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, discounts and resources that empower you to achieve your
wellness goals and caregiving needs. In addition, our mental health
program provides access to free professional counseling services,
health coaching and other resources to support your daily life
needs.
- 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.Employment
PracticesTravelers 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.In accordance with local law, candidates seeking
employment in Colorado are not required to disclose dates of
attendance at or graduation from educational institutions.If you
are a candidate and have specific questions regarding the physical
requirements of this role, please send us an 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 .
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Keywords: The Travelers Indemnity Company, New Rochelle , Director, Product Management - Business Insurance Product, General Liability & Umbrella, Executive , Hartford, New York
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