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Consultant Actuarial & Analytics (Corporate)

Toronto (Region), Ontario

Company Information

Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Target Openings


Job Description Summary

The Consultant, Actuarial and Analytics is an entry level analytic role for all the corporate functions that encompasses the personal ownership of various operational assignments related to reserving, financial booking, reinsurance, regulatory filings, and planning/forecasting. The individual in this role will be expected to apply actuarial, financial, and other problem-solving skills to achieve profitability and growth objectives of Travelers Canada. They are also expected to be a strong team player and have a strong desire to learn and develop.

The Consultant, Actuarial and Analytics may assist in loss reserve analysis, monthly IBNR booking, regulatory filings, reinsurance booking and data submission, and annual planning process. The individual in this role will be responsible for routine and ad hoc projects with varying timing needs, and for providing functional support as assigned. They will be required to work and/or communicate with non-actuarial staffs.

Primary Job Duties & Responsibilities

  • Strategy:
  • May participate on strategic projects with execution responsibility for assigned project sub-components.
  • Recommend and execute solutions for assigned project sub-components to resolve challenges of an initiative.
  • Execute work thoughtfully and efficiently as a team member to improve project team performance and timelines.
  • This position may participate on cross-unit initiatives.
  • Operational:
  • Refresh basic actuarial and analytic analyses with supervision.
  • Support unit initiatives.
  • May identify and create process efficiencies within assignments.
  • Provide support as necessary for initiatives within Canada or across the Enterprise within the scope of influence.
  • Communication:
  • Communicates progress, findings and results to manager.
  • Communicates technical topics to primary working group.
  • Understands actuarial, analytical and financial discussions and participates in the conversation during meetings.
  • Provides formal written communication such as memos or presentations with supervision and support.
  • Talent:
  • May be a mentor or resource for less experienced analytic talent within Segment.
  • Onboard new employees and interns in unit.
  • Support various training and skill development initiatives across assigned Segment.
  • May provide support for recruiting efforts.

Minimum Qualifications

  • Bachelors Degree or equivalent experience required.

Education, Work Experience, & Knowledge

  • 1 or more Actuarial exams preferred.
  • University degree in STEM related field.
  • Strong PC skills (MS Office), basic programming skills (eg. SQL, SAS).
  • Related internship or prior work-related experience.

Job Specific Technical Skills & Competencies

  • Leadership:
  • Initial development of Leading Self, exhibiting self-awareness and seeking opportunities to learn while also starting to manage ambiguity.
  • Initial development of Leading Others, including mentoring/training team members.
  • Business Acumen:
  • Has an understanding and knowledge of a few basic key business drivers and disciplines such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.
  • Able to effectively utilize this business knowledge in developing analytic solutions.
  • Has a limited perspective of foundational areas of the industry and developing trends such as: technology, analytic methodology, products and performance of competitors.
  • Relationship Management:
  • Able to develop working relationships with primary working group.
  • Generate and share ideas with primary working group when prompted.
  • Quantitative Analysis:
  • Able to use appropriate tools to compile and analyze data.
  • Perform basic-level analytics with guidance.

Equal Employment Opportunity Statement

Travelers is an equal opportunity employer. We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $25 billion in 2010.