Manager, Financial Analysis - Small Commercial FP&A

Travelers Canada; Hartford (CT); On-site; USD 90,000 - 148,000; Full time

Benefits offered by this job

Health Insurance

Retirement program (401k match)

Paid Time Off

Wellness program

Volunteer encouragement

Job summary

Travelers Canada is seeking a Manager, Financial Analysis to lead the Select forecasting and planning process, including annual planning, CYP and MYP, acting as a key finance partner to Product Management. You will own the planning environment and translate business strategy into financial outlooks to inform decisions.

The role involves preparing and presenting financial reports, identifying trends, and mentoring team members, with opportunities to influence cross-functional partners and

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics or related field.
• MBA with finance concentration or CPA/CMA advantageous.
• Strong financial analysis concepts and accounting practices.

Responsibilities

• Lead the Select forecasting and planning process: annual plan, CYP and MYP.
• Partner with Product Management to provide financial insight for initiatives and pricing.
• Prepare, evaluate and validate financial and operational reports with accuracy.
• Analyze trends and variances; communicate insights to management.
• Develop and deliver complex analyses to support business strategy.
• Review external filings and press releases for actionable insights.

Skills

Financial analysis

Communication

Influence

Data analysis

Project management

Strategic thinking

Microsoft Excel

Education

Bachelor’s degree in Finance/Accounting/Economics

MBA with finance concentration (in progress)

CPA / CMA designation or equivalent

Tools

TM1

Essbase

Hyperion

Excel

Outlook

PowerPoint

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 $89,800.00 - $148,300.00

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 possibilities into the future. The team acts as an independent party to collaborate with business partners and enable them to make informed decisions rooted in economic reality. Travelers' Select business unit is an externally reported $3.7 billion business with over 700 thousand small business policies.

This role will lead the Select forecasting and planning process, including the annual plan, current year projection (CYP) and multi-year plan (MYP), and serve as a key finance business partner to the Product Management organization. You will own the Select planning environment and leverage strong business acumen and financial skills to translate business strategy into production and financial outlooks that inform decisions across the organization.

As a Manager, Financial Analysis, you will prepare, evaluate, validate, and present financial reports to assigned business area(s), conduct analyses to identify trends and outliers, and begin to provide insights and solutions to management. Fostering key relationships, you will bring your understanding of business context to act as a liaison to translate financial results and clearly communicating the impact. You will connect with others and take action to achieve customer's needs.

What Will You Do?

• Lead the Select forecasting and planning process, including the annual plan, current year projection (CYP) and multi-year plan (MYP).
• Serve as a key finance business partner to the Product Management organization, providing financial insight to support product initiatives, pricing and growth strategies, and post-implementation monitoring of results.
• Prepare, evaluate, and validate financial and operational reports focusing on improving the process of completing these tasks and the effectiveness of the content delivered while ensuring accuracy.
• Perform and review analysis and interpret trends and variances in business performance, interacting with cross functional peers on a frequent basis.
• Perform testing and validation of data and analyses having a general understanding of data limitations and gaps.
• Synthesize and present exhibits, results, observations, and recommendations to direct manager, team members and/or cross functional peers with the ability to answer some questions.
• Begin to manage the creation of complex analyses to support business strategy.
• Review competitor press releases, SEC filings and industry trade press for helpful insights, linking key themes together and identifying applicability to departmental strategies.
• Participate in projects that involve complex analysis and implementation of non-complex, routine business and financial regulatory changes relating to financial reporting, such as reorganizations, mergers and acquisitions, etc.
• Provide coaching, training, and mentoring.
• 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.
• Experience with Financial Analysis concepts, principles and processes and accounting practices and principles.
• Excellent communication skills with the ability to consult on projects and present information effectively.
• Ability to influence team members and management.
• Strong data analysis skills with the ability to interpret trends and provide insights and recommendations to business partners.
• Manage multiple projects simultaneously and follow through to ensure timely completion.
• Ability to think strategically and use judgement to resolve issues as they arise.
• Experience using Microsoft Office (e.g. Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g. TM1, Essbase, Hyperion, etc.).

What is a Must Have?

Three 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.

Diversity and Inclusion

Open to all employees, our 10 Diversity Networks celebrate culture and communities and create spaces for all employees through powerful forums for dialogue and support.

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

Recognition & Community Involvement

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.

Imagine other opportunities here.