Senior Analyst, Product Rating - Personal Insurance

The Product Rating team collaborates with business units across personal or commercial insurance on all variables associated with premiums to achieve financial and strategic objectives at the national and the state/province level.

• Conduct thorough analysis and contribute to business requirements, including rate filings and related documentation to ensure alignment with strategic objectives and regulatory standards.
• Design and implement structure changes to new and existing products and build rate pages for rate manuals.
• Determine testing scope, perform unit testing, and validate modifications to adhere to best practices and business unit filing and regulatory requirements.
• Triage and resolve issues that arise during subsequent testing phases.
• Ensure optimal functionality and accuracy of product configuration rules, rate factors within existing rating tables, and recommend enhancements and efficiencies to other business owned rating technologies.
• Develop effective relationships with business partners such as actuarial to provide insightful consultation on the development of rating business and worksheet requirements.
• Identify the root cause of rating discrepancies and perform analysis to rectify the issue.

• Bachelor’s degree in a related field.
• Three or more years of programming and configuration, development, product, actuarial, regulatory or rating experience.
• Understanding of personal or commercial property casualty insurance products.
• Strong knowledge of relational databases, rating engines, programming languages and/or the methodologies used in assessing risk and determining pricing strategies.
• Effective verbal and written communication skills to collaborate with and influence agents and consumers.
• Strong critical thinking and analysis skills to address rating challenges and develop solutions.
• Strong organization and time management skills to prioritize workload and ensure timely completion of assignments.
• Strong ability to lead opportunities for improvement, drive positive change within the team, and contribute creative ideas or solutions.

• Health Insurance
• 401k matching
• Retirement
• Paid Time Off
• Wellness Program
• Volunteer Encouragement

Taking care of our customers, our communities and each other. That’s the Travelers Promise.