Vice President, Product Manager I, Select

The Travelers Companies Hartford , CT 06183

Posted 3 weeks ago

Primary Job Duties & Responsibilities

Key leader in the formulation and execution of overarching strategies that drive Selects financial results. Leadership of the Select Product Management discipline.

Through collaboration with Regional Vice Presidents, ensure potential countrywide strategies align with regional deliverables. Clearly communicate recommendations on factors that influence countrywide and local financial results to senior management. Articulate and drive behaviors and actions throughout Select Product Management.

Manage Select Product Management budget including census and rewards. Leading others to develop strong working relationships with business partners including business service centers, information technology, claim, actuarial, etc. Perform other duties as assigned.

Job Specific & Technical Skills & Competencies

Ability to motivate, lead, manage, and develop a large department collectively and individually. Exceptional verbal and written communication skills.

Drive for results and action orientation. Excellent presentation skills. Consistent demonstration of quality decision making.

Excellent organizational and time management skills. Comfortable in the presence of executive leadership. Excellent conflict management and influential abilities.

Track record of navigating different disciplines connected with Product Management. Strong ability to recommend and influence strategic maneuvers that create short and long term advantages for Select. Attract and retain top talent in the Select Product Management team.

Ability to balance quantitative analysis with local market insight. Excellent recognition of the effects of recommendations beyond individual lines of business, or beyond Select.

Job Summary

This position in Select Accounts (Business Insurance) will take on key leadership responsibilities, in collaboration with the Small Commercial Senior Leadership Team, in the development and execution of countrywide strategies that influence the overall profitability and growth. This position is accountable for ensuring Product Management resources are aligned to drive countrywide and regional strategies, through consistent communication with other functional disciplines within Small Commercial (Underwriting, Small Commercial Analytics, Sales & Marketing, Finance, Operations, etc.), with other functional disciplines within BI (BI Product, BI Actuarial, etc.) and through collaboration with the Field Sales and Underwriting Leadership.

This job is a Manager of managers: Senior level manager that is responsible for managing the objectives, performance, and compensation of lower levels of management.

This job works under Broad Oversight: Receives guidance in terms of broad goals and overall objectives and establishes the methods to attain them. Generally the incumbent is in charge of an area of work and typically formulates policy for this area, but may have final authority for approving policy.

Education, Work Experience & Knowledge

Bachelor's degree in business management, mathematics, management information, finance, actuarial science, economics or other analytics related field preferred. Master's degree preferred. 10 years product management experience preferred.

Comprehensive P&C industry knowledge. Experience in senior level general management functions. Typically has in depth knowledge / experience in all Commercial product lines. Comprehensive knowledge of Pricing and Actuarial techniques.

Physical Requirements

Operates standard office equipment

  • Frequently Sitting (Can stand at will)

  • Frequently Use of Keyboards, Sporadic 10-Key

  • Frequently

Minimum Qualifications

Bachelor's degree required. Six years of experience in data analytics required.

Four years of Profit/loss management experience required.

Five years managing others required.

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Vice President, Product Manager I, Select

The Travelers Companies