Property and Casualty Regulatory Analyst
Who Are We?
Take care of our customers, our communities, and each other. At Travelers, we've been doing this for over 170 years and are committed to maintaining our reputation as one of the best property casualty insurers in the industry. Join us to be part of a collaborative culture that values innovation.
Compensation Overview
The annual base salary range for this position varies based on the scope, complexity, and location of the role, as well as the candidate's skills, education, training, credentials, and experience. Employees are also eligible for performance-based cash incentive awards as part of our comprehensive compensation and benefits program.
What Is the Opportunity?
The Regulatory & Filing team ensures that Travelers' products and practices comply with insurance laws and regulations. This involves preparing, submitting, and negotiating rule, rate, and form filings, as well as supporting the business units in responding to regulatory inquiries and criticisms.
What Will You Do?
- Prepare, submit, negotiate the terms, secure approval, and resolve any issues that arise for rule, rate, and form filings.
- May assist in providing information for non-financial market regulatory activities, including market conduct exams, interrogatories, surveys, and data calls.
- Support and provide direction to the business units when responding to filing issues, data requests, and criticisms from regulatory agencies.
- Analyze state insurance statutes and regulations to determine changes to product design, development, and filing requirements, and inform adjustments to current practices accordingly. May partner with legal when appropriate.
- Establish and develop partnerships with regulatory bodies and internal business partners such as actuarial, underwriting, product, and legal.
- Aid in optimizing regulatory tools and databases by incorporating the latest regulatory changes, industry standards, and policy adjustments to enable informed decision-making and adhere to regulatory requirements.
- Aid in the coordination of regulatory and filing projects, track progress, and support the team in meeting deadlines.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Bachelor’s degree.
- Two or more years of experience with working knowledge of regulatory/compliance requirements, knowledge of insurance products within line of business, filing, and/or related fields.
- Verbal and written communication skills to present complex regulatory issues, skillfully negotiate, and foster collaboration across all levels of the organization.
- Efficient prioritization skills to ensure resources are allocated accordingly and critical projects are completed on time.
- Relationship management skills to build and foster productive partnerships with internal and external business partners.
Must Have
- Bachelor’s Degree or equivalent combination of education and experience.
What Is in It for You?
- Health Insurance: 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. Student loan debt can be addressed through the Paying it Forward Savings Program. The Pension Plan is 100% funded by Travelers.
- Paid Time Off: Minimum of 20 days annually, plus nine paid company holidays.
- Wellness Program: Tools, discounts, and resources to help you achieve your wellness goals and caregiving needs. Mental health counseling services, health coaching, and other resources are available.
- Volunteer Encouragement: A Matching Gift and Volunteer Rewards program allows you to give back to the charity of your choice.
Employment Practices
Travelers is an equal opportunity employer. We value diversity and recognize that we benefit from our differences. Candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.
Careers at Travelers
Join us at Travelers, where life’s most important moments become your life’s work. We’re evolving to meet changing needs, from customer service to data science and beyond. If you’re ready to make a difference and feel like you belong to something bigger, apply today.