Business Analyst (Business Insurance)

Are you a driven and analytical individual with a passion for the insurance industry? Are you looking for a challenging and dynamic role where you can utilize your business knowledge and analytical skills to drive impactful results? If so, Travelers is seeking a highly-motivated Business Analyst with a specialized focus in Business Insurance to join our team. As a Business Analyst at Travelers, you will have the opportunity to work with top industry professionals, develop innovative strategies, and make a significant impact on our business. We are seeking candidates who possess a strong understanding of business operations and insurance principles, along with exceptional problem-solving and communication skills. Join us in our mission to protect individuals and businesses, and see your career soar with Travelers.

1. Conduct market and industry analysis to identify trends and opportunities for growth in the insurance industry.
2. Collaborate with cross-functional teams to develop and implement innovative strategies to improve business processes and drive results.
3. Utilize data analysis and modeling techniques to identify and recommend solutions for business challenges and make data-driven decisions.
4. Monitor and track key performance indicators to measure the success of business initiatives and make recommendations for improvement.
5. Develop and maintain relationships with key stakeholders to gather insights and feedback on business operations and market trends.
6. Conduct competitor analysis and provide recommendations for competitive positioning and differentiation.
7. Communicate complex analytical findings and recommendations to various levels of stakeholders, including senior leadership.
8. Stay updated on industry trends and changes in regulations to ensure compliance and identify potential business opportunities.
9. Participate in project management activities, including planning, execution, and monitoring of initiatives.
10. Collaborate with underwriting teams to develop and implement pricing and risk management strategies.
11. Serve as a subject matter expert on business insurance and provide guidance and support to team members.
12. Continuously seek ways to improve processes and systems to increase efficiency and effectiveness.
13. Mentor and train junior analysts to develop their skills and knowledge in business insurance.
14. Adhere to company policies and procedures to ensure ethical and legal compliance.
15. Represent Travelers in a professional and positive manner, both internally and externally.

According to JobzMall, the average salary range for a Business Analyst (Business Insurance) in Hartford, CT, USA is between $60,000 and $90,000 per year. However, this can vary depending on factors such as years of experience, company size, and specific industry. Some larger companies and industries may offer higher salaries, while smaller companies and industries may offer lower salaries. Additionally, individuals with advanced degrees or specialized skills may also command higher salaries. Overall, the salary for a Business Analyst (Business Insurance) in Hartford, CT can range from $50,000 to $120,000 per year.

The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents.