Sr. Accountant, Bond & Specialty Claim Operations

The Travelers Indemnity Company; Hartford (CT); On-site; USD 74,000 - 122,000; Full time

Benefits offered by this job

Health Insurance

401(k) Matching

Pension Plan

Paid Time Off

Wellness Program

Volunteer Rewards

Job summary

The Travelers Indemnity Company is seeking a Senior Accountant to handle moderately complex financial and accounting tasks, including EFT validation, regulatory reporting, and data reconciliation for Canadian claim transactions.

You will work with Treasury and Finance teams to ensure accurate financial records, participate in SOX controls, and support internal and external audits while contributing to process improvements and cross-functional collaboration.

Qualifications

• Bachelor’s degree in finance, accounting, economics, and/or professional designations such as CPA, CMA or comparable advanced education.
• Experience with accounting theory and practice.
• Excellent written and verbal communication skills with ability to collaborate with partners.
• Ability to analyze data to interpret trends and provide insights to management.
• Strong organizational and time management skills with ability to handle shifting priorities.
• Ability to foresee challenges and improve processes.
• Experience using Microsoft Office and Financial Reporting Software (TM1, Essbase, Hyperion).

Responsibilities

• Perform financial controls in accordance with Sarbanes-Oxley requirements.
• Prepare and review documentation to support audits.
• Perform bank instruction validation for EFTs including wire and ACH.
• Ensure accurate recording and reconciliation of Canadian claim transactions.
• Reconcile balance sheet accounts and investigate variances.
• Ensure compliance with regulatory reporting requirements.
• Monitor the Quality Assurance Dashboard Review process.
• Interface with claim professionals and senior management to resolve issues.
• Serve as backup on financial and other tasks.
• Perform other duties as assigned.

Skills

Financial analysis

SOX compliance

Data analysis

Excel

Communication

Education

Bachelor’s degree in finance / accounting / economics

CPA / CMA or professional designation

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.

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

$73,900.00 - $122,000.00

Target Openings

1

What Is the Opportunity?

Under general direction, the Senior Accountant is responsible for moderately complex financial, accounting, and expense analysis. Core responsibilities include: electronic funds transfer (EFT) bank instruction validation; preparation of regulatory and compliance reports for claim financial data; accurate recording and reconciliation of Canadian claim transactions per established business and compliance requirements; balance sheet reconciliation; and support of SOX documentation and internal controls. Identifies and recommends process improvement opportunities. This position does not manage others.

What Will You Do?

• Perform financial controls in accordance with Sarbanes-Oxley requirements.
• Prepare and review documentation to support internal and external audits.
• Perform bank instruction validation for all outgoing electronic funds transfers to include wire and ACH transactions. Work closely with Global Treasury and Finance.
• Ensure accurate recording and reconciliation of Canadian claim transactions per established business and compliance requirements.
• Reconcile balance sheet accounts; investigate and resolve variances in a timely manner.
• Ensure compliance with regulatory reporting requirements including data submission and inquiry research.
• Monitor and oversee the Quality Assurance Dashboard Review process.
• Interface with claim professionals, the claim senior management team, and other corporate departments to resolve issues and communicate operational protocols.
• Serve as backup on financial and other operational tasks.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelor's degree in finance, accounting, economics, and/or professional designations, such as CPA, CMA or comparable advanced professional education.
• Experience with accounting theory and practice.
• Excellent written and verbal communication skills with the ability to collaborate effectively with business partners.
• Ability to analyze data to interpret trends and provide insights to management.
• Strong organizational and time management skills with the ability to handle shifting priorities.
• Ability to foresee challenges and proactively look for ways to create more efficient processes for the business.
• 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?

• Two years of finance, accounting, financial planning, 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/.