Director, Financial Analysis

Travelers Canada; Hartford (CT); On-site; USD 104,000 - 172,000; Full time

Benefits offered by this job

Health Insurance

401(k) Matching

Paid Time Off

Wellness Program

Volunteer Encouragement

Job summary

Travelers’ Finance and Analytics team seeks a Director of Finance for Integrated Operations and Europe Operations to lead multi-year and annual planning, forecasts, and month-end close. You will present monthly financials to partners, identify trends, and influence strategic decisions while mentoring finance professionals.

You will guide complex analyses, manage regulatory changes related to financial reporting, and partner with operations to optimize enterprise performance.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or MBA with finance or accounting concentration.
• Extensive experience with Financial Analysis concepts, principles, processes, applications and accounting practices, preferably in P&C insurance.
• Excellent communication and leadership skills with ability to influence across management levels.

Responsibilities

• Synthesize reports into impactful exhibits and recommendations for senior leaders.
• Review team reports and provide coaching on accuracy and presentation.
• Execute analyses aligned with broad business objectives and regulatory changes.

Skills

Financial analysis

Leadership

Communication

Problem solving

Strategic thinking

Education

Bachelor's degree in Finance or Accounting

MBA with finance or accounting focus (preferred)

Tools

TM1

Essbase

Hyperion

Microsoft Office

Job description

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 170 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 Finance and Accounting

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 $104,000.00 - $171,700.00 Target Openings 1

What Is the Opportunity?

Travelers' financial analysis team translates raw numbers into actionable insights to tell the story of past financial results and forecast future possibilities. The team collaborates with business partners, enabling them to make financially well-informed decisions. The Tech and Ops Finance team acts as a trusted partner to Operations leadership and key business stakeholders by delivering proactive data-driven insights and analytics that influence strategic decision making, accelerate business outcomes, and optimize organizational effectiveness and efficiency. As the Director of Finance for Integrated Operations and Europe Operations, you will lead the development and execution of the Multi-Year and Annual Plan, forecasts, and month-end close. You will model and present monthly and projected financials to business partners, identifying and speaking to trends and impacts to inform business decisions. As a collaborative partner to the business, you will help advance team objectives and business outcomes by interpreting, communicating, and applying analyses in a way that resonates with the intended audience. This position will manage finance professionals.

What Will You Do?

• Synthesize reports generated into impactful exhibits, insightful results/observations, and actionable recommendations to influence business partners and management, ensuring quality control/accuracy.
• Review team members’ reports and provide coaching and feedback on accuracy and presentation.
• Execute identified analyses aligned with broad business objectives.
• Perform testing and validation of data and analyses and identify gaps and limitations in data sets while recommending potential alternatives.
• Prepare and present influential financial insights to senior financial leaders and/or functional teams, answering most questions.
• Direct the creation of complex analyses to influence business strategy.
• Lead projects that analyze and implement complex business and financial regulatory changes relating to financial reporting, such as reorganizations, mergers and acquisitions, etc.
• Provide coaching, training, and mentoring.
• If a manager of people, effectively oversee and engage direct reports and perform management activities such as performance management, career development, and talent acquisition.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelor’s degree in Finance, Accounting, Economics, or pursuing a Master’s in Business Administration with a concentration in finance or accounting or professional designations such as CPA, CMA or comparable advanced professional education.
• Extensive experience with Financial Analysis concepts, principles, processes, applications and accounting practices and principles, preferably with some exposure to the P&C insurance industry.
• Excellent communication skills with the ability to influence across all levels of management.
• Proven leadership skills with the ability to mentor and develop employees.
• Excellent analytical skills with the ability to evaluate and understand current data and systems, find opportunities, recommend changes, and translate into business impacts.
• Experience leading and managing multiple complex projects simultaneously and follow through to ensure timely completion.
• Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.).
• Ability to quickly gain an understanding of Travelers' business strategy and plan objectives to align with enterprise goals.

What is a Must Have?

Five years of finance, financial planning, accounting, or related 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/.

Travelers has more than 30,000 employees in the United States, Canada, the United Kingdom, and Ireland.

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Employees and their eligible family members – including spouses, domestic partners and children – are eligible for coverage from the first day of employment.

Travelers has been recognized by organizations such as G.I. Jobs and Military Times.

Our employees are valuable assets to their hometowns, volunteering for important causes each year.

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