Data Science

Compensation Overview

The 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

$181,800.00 - $300,000.00

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In Business Insurance Actuarial & Analytics, we deliver tailored analytics and innovative data science solutions that influence decisions and enable superior results. We have an inclusive culture where everyone feels that they belong, can be authentic, are valued, respected, empowered and part of our success. We see strength in the uniqueness that each of us contributes to creating innovative solutions and improving business outcomes.

Travelers Data Scientists are taking the organization to the next level of intelligence by using advanced statistical techniques and machine learning algorithms. As the Underwriting and Operations Lead, you will lead a team of 4 data scientists responsible for creating and championing machine learning/AI solutions for use by underwriters and operations personnel. These solutions are aimed at increasing their effectiveness, reducing their turn around times and eliminating friction. You will also collaborate with both business and technology partners to drive analytics out to our products in the marketplace, giving Travelers a competitive advantage.

What Will You Do?

• Present analysis, insights, results, and recommendations to executives for decisions in the UW and Ops space.

• Anticipate potential objections and influence executives to adopt a different point of view.

• Take ownership of the UW and Ops portfolio of projects making recommendations that influence business outcomes.

• Drive teams and leaders to ensure the successful execution of data science strategies.

• Start identifying organizational tension and work to build consensus across the organization. Assist in the development of business plans for the portfolio.

• Influence outcomes in the line of business and/or data science community through discussions, presentations, or peer reviews.

• Drive team recruiting, training, and talent assessment efforts.

• Provide guidance and coaching for team members; guide your team to advance their subject matter expertise and to identify future leaders to meet Travelers’ business objectives.

• Support the sharing of knowledge and best practices across the Enterprise.

• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Masters in STEM related field or equivalent
• 10 or more years of related work experience, including 6 or more years of team leadership experience.
• Industry expertise in modeling/ research/ analytics or actuarial required.
• Industry level knowledge of value creation and business model concepts.
• Regularly interacts with executives and/or major customers using negotiating and/or influencing skills.
• Subject matter expertise in the majority of external software programs.
• Ability to apply emerging statistical procedures to large highly complex work.
• Recognized industry expertise in 2-3 of the following: Regression, Classification, Machine Vision, Natural Language Processing, Deep Learning and Statistical modeling.

What is a Must Have?

• Master's degree in Statistics, Mathematics, Decision Sciences, Actuarial Science or related analytical STEM field plus seven years of experience or any suitable and equivalent combination of education and work experience.
• Heavy concentration in mathematics, including statistics and programming, business intelligence/analytics, as well as data science tools and research using large data sets.
• Additional verification of specific coursework will be required.