Director, Actuarial Leadership Development Program (ALDP)

Posted 5 Days Ago
Be an Early Applicant
2 Locations
123K-203K Annually
Mid level
Insurance
The Role
The Director will lead the Actuarial Leadership Development Program, focusing on recruitment, development, and strategic planning for future leaders while providing oversight and coaching to participants.
Summary Generated by Built In

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

Human Resources

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$123,000.00 - $203,000.00

Target Openings

1

What Is the Opportunity?

This position provides strategic leadership direction, broad oversight, and implementation of all aspects for the Actuarial Leadership Development Program. The goal of the program is to attract and develop individuals who are highly skilled and who have the potential to become future leaders of the organization. The Director works with the Program Operating Committee and may work in partnership with senior leaders across the Actuarial & Analytics Community to set the direction and execute the strategy to ensure that this goal is achieved. This role will lead a team of Program Participants in addition to a direct report.What Will You Do?

  • Develops the recruitment and intern program strategies, including selection, placement, performance management, compensation planning, and development of program participants and interns.
  • Works with business leadership to develop meaningful rotational assignments and placement of individuals to facilitate exposure to various business areas within the company and to provide meaningful development opportunities and growth.
  • Identifies and implements process improvement initiatives/opportunities.
  • Develops and executes the program's planning effort to identify and build a diverse pool of leadership talent, counseling management on the development process and execution of development plans to build skill, competency and organizational capability.
  • Responsible for the coaching and development of program participants through their program experience, including all HR management components such as talent calibration, performance management and compensation.
  • Works collaboratively with peers across Emerging Talent Programs on the creation and implementation of best practices and initiatives.
  • Perform other duties as assigned.

What Will Our Ideal Candidate Have?

  • Bachelor’s degree.
  • 6 years of experience with developmental programs.
  • People leadership experience.
  • Strong written and verbal communications.
  • Detailed oriented.
  • Proven high degree of accuracy.
  • Well organized.

What is a Must Have?

  • 6 years of professional experience working in Leadership Development or related business experience.
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, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • 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 value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. 

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

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.

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/.

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The Company
HQ: New York, NY
35,118 Employees
On-site Workplace

What We Do

Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other.

Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers.

Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount.

By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.

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