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.

　　Job Category

　　Product

　　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

　　$109,400.00 - $180,600.00

　　Target Openings

　　1

　　What Is the Opportunity?

　　Supports strategic product development objectives for Bond &Specialty Insurance (B&SI), including product-related development, maintenance, compliance, system implementation, and a wide range of coverage and form initiatives across Management Liability (e.g., Directors & Officers, Employment Practices, etc.), Professional Liability (e.g., Accountants, Lawyers, etc.) and Crime, Fidelity, or other first party expense coverage (e.g., Cyber, Kidnap Ransom, etc.) products. Experience with insurance products for financial institutions is preferred but not mandatory.

　　What Will You Do?

　　Lead team to develop and recommend coverage, form, and product strategies. Collaborate with other business unit teams to develop and align strategies, ensuring financial objectives are met. Specifically, lead a team to develop, create, implement, and revise forms. Ensure the team creates and conducts formal presentations for leadership to convey changes and recommendations.

　　Manage forms and contract wording drafting completed by team and ensure forms are in compliance with state laws, statutes, and regulations. Oversee filing documentation and responses to Department of Insurance questions. Ensure team works with key stakeholders to gain approval of forms.

　　Lead team to provide coverage analysis expertise and direction and ensure team provides expert recommendations. Consult on the development and use of forms.

　　Lead team to develop and maintain competitor coverage form analysis and comparisons. Ensure team develops forms recommendations.

　　Create and ensure team adheres to consistent workflow processes, controls, procedures, and best practices. Focus on continuous improvement of workflows and processes for the team and facilitate recommendations for improvements.

　　Lead team to develop appropriate training and communications to support PI policy and non-policy forms. Ensure communication of coverage and form strategies are developed and distributed to internal and external stakeholders. Develop and review training and marketing materials. Conduct training presentations.

　　Perform form responsibilities with expert understanding of the quote, issuance, and publishing systems to facilitate the development of forms. Ensure the team assists with system implementation of form changes including communication, documentation, input to test plans, and validation of form test results. Provide expert consultation on development of forms. Coach others to develop these capabilities.

　　Provide advanced consulting services for form design, system, compliance issues and collaborates with other functional teams to ensure options and recommendations are aligned with product strategy, underwriting, and pricing. Develops team to acquire this capability.

　　Develops team in the areas of leadership, product knowledge (forms, coverage, underwriting, product features), and soft skills proficiencies.

　　Effectively prioritizes and performs resource capacity management.

　　May represent Travelers for industry committees.

　　Perform other duties as assigned.

　　What Will Our Ideal Candidate Have?

　　Seven years of insurance forms/product development, claims, or legal experience.

　　Expert knowledge and understanding of insurance products, systems, contracts, forms, coverage, compliance, regulatory environment, and insurance financials.

　　Proven leadership skills with the ability to manage change, develop employees, and align resources to accomplish key objectives.

　　Excellent communication skills with the ability to interact with all levels of management.

　　Advanced organization skills with the ability to manage multiple priorities simultaneously and follow through to ensure timely completion.

　　Coaching and talent development skills including the ability to mentor and motivate others. Ability to train others to develop this skill.

　　Strong ability to maximize individual and organizational performance. Resource and capacity management skills.

　　What is a Must Have?

　　Bachelor's Degree or equivalent combination of education and experience.

　　Four years of relevant experience with insurance products, underwriting, coverage, rules, compliance/regulatory environment, and/or insurance financials.

　　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 and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you’re eligible for five free counseling sessions with a licensed therapist.

　　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 Practices

　　Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.

　　If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email ([email protected]) 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 http://careers.travelers.com/life-at-travelers/benefits/ .