Second Vice President, Research & Modeling, Claim

Second Vice President, Research & Modeling, ClaimCommitted.  Competitive.  Constructing our Future.  That's Travelers. We are one of the leading insurance companies in the United States.  Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees.  You will find Travelers to be full of energy and a workplace in which you truly can make a difference. We are currently looking for a Second Vice President, Research & Modeling, Claim.  Please read on for more details regarding this position. JOB DESCRIPTION: Basic purpose and overall scope:  The 2VP, Research & Modeling is responsible for leading a team of technical professionals engaged in research, data mining and predictive modeling efforts.  The focus of this team is to develop analytical solutions to improve Claim efficiency, predict claim outcomes and transfer learnings to Business Segments to support profitable growth.  Direct and manage the research team in conducting exploratory research in concepts relatively new to the insurance Claim Organizations, such as Text Mining and General Linear Modeling.  In this capacity, supports the achievement of profit, expense and business objectives of business. Job Components:   Build and manage a strong analytics team. In this capacity, define positions, interview and select team members, establish performance metrics, challenge, mentor and coach staff.Provide technical leadership to the team. Translate high-level business needs into appropriate analysis to deliver actionable results on a tight time frame. Identify potential research areas and evaluate their usefulness.Secure sponsorship/support for high potential pay-off projects.Write detailed research reports for senior management review/action.Manage multiple projects and all phases of a projectAssist in implementation of results of analysis. Assistance to include working with internal support staff (e.g., technology staff, business centers, product management unit, finance, etc.) to ensure results are available to the end user. Manage vendors. [contracts, projects and performance]Carry out administrative responsibilities including budgeting and expense management Qualifications:Data Mining/predictive modeling experienceAdvanced degree (Ph. D. or MS) in Mathematics/Statistics/Engineering/Economics Competencies:Clearly demonstrates specific knowledge requirements related to research and analysis. Is action-oriented in approach to solving business problems. Demonstrate a high degree of trust through demonstrated personal integrity, ethics and a commitment to doing the right thing.  Ability to proactively recognize opportunities to achieve the best results.  Solid strength in research leadership skills. Ability to look at things in new and innovative ways to benefit the business and positively impact profitability and sales results. Ability to communicate, present ideas and give direction related to this function in a clear and effective manner. Able to create a positive working environment within unit. Seek out opportunities that further develop self and/or staff members with critical knowledge and skills.  Set clear standards of performance, track, evaluate and effectively communicate feedback to others. Commitment to excellence in research. Ability to work independently. In addition to an exciting environment, we offer: * Competitive base salary with additional opportunities for variable pay through recognition programs and incentive awards * 401(k) with company match* Comprehensive health plans that include coverage for same sex/domestic partners* Strong work/family and employee assistance programs* Tuition reimbursement * Vacation Purchase Plan* Training/Development opportunities We are proud to provide comprehensive, high quality employee programs to meet employees' needs now and in the future, including a very competitive financial package. Explore what we have to offer.  For immediate consideration for this position, please click on the "Apply Now" button at the bottom of this posting.  Travelers is an equal opportunity employer. We actively promote a drug-free workplace.   Company: Travelers Companies, Inc.