Sr. Accountant - Investment Operations

Travelers Canada

Saint Paul (MN)

On-site

USD 74,000 - 122,000

Full time

14 days+
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Benefits offered by this job

Health Insurance
401(k) matching
Pension Plan
Paid Time Off
Wellness Program
Volunteer Encouragement
Matching Gift

Job summary

Travelers is hiring a Sr Accountant in Minnesota to ensure timely, accurate books and maintain strong internal controls. You will perform journal entries, payment requests, and reconciliations for fixed income assets, collaborating with internal and external stakeholders.

The role emphasizes accounting theory, data analysis, and adherence to corporate standards. Expect a market salary with comprehensive benefits and professional growth opportunities within a large insurer.

Qualifications

  • Bachelor's degree or professional designation in finance, accounting, economics or related field.
  • Experience with accounting theory and practice.
  • Excellent written and verbal communication with partners across business functions.
  • Ability to analyze data to identify trends and provide management insights.
  • Strong organizational and time management skills to handle shifting priorities.
  • Proactive in creating more efficient business processes.

Responsibilities

  • Compile, review, and analyze financial data for variance analysis, reporting, and accuracy.
  • Support development of complex financial analyses for KPIs (production, profitability, expenses, staffing).
  • Prepare analyses to support budgets, forecasts, and business plans.
  • Complete reviews of internal management reports for GAAP/SEC/Statutory reporting.
  • Perform Sarbanes-Oxley controls and documentation for audits.
  • Coach, train, and mentor teammates.
  • Perform other duties as assigned.

Skills

Analytical thinking
Written and verbal communication
Collaboration with business partners
Data interpretation
Organizational and time management
Problem-solving and efficiency
Attention to detail

Education

Bachelor's degree in finance/accounting/economics

Tools

Microsoft Office
PeopleSoft
Investment Accounting Systems
Bloomberg
Hyperion
Adobe Pro/Acrobat
Foxit PDF Editor

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 $73,900.00 - $122,000.00 Target Openings 1

What Is the Opportunity?

Travelers' accounting team serves as the steward of our financial information and controls to ensure compliance with all internal policies and external requirements. The team creates transparency about the health of the company by providing timely, accurate, and actionable information to all stakeholders. As a Sr Accountant, you will be responsible for timely and accurate books and records for reporting to both internal and external parties while maintaining a strong control environment. Leveraging your investment accounting background, you will conduct financial activities such as preparing, evaluating, and completing financial activities including journal entries, payment requests, and reconciliations for fixed income assets.

What Will You Do?
  • Compile, review, and analyze financial data for variance analysis, reporting, and accuracy.
  • Support the development of complex financial analyses by providing data and developing financial analyses for key performance metrics (i.e. production, profitability, expense management, staffing).
  • Prepare and begin to create analyses to support financial/business plans, budget, and forecasts.
  • Prepare and complete a review of assigned components for internal management based financial reporting, both routine and ad hoc, for complete and consistent results with corporate policies and standards.
  • Prepare external financial statements which may include GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles).
  • Perform financial controls in accordance with Sarbanes-Oxley requirements.
  • Prepare and review documentation to support internal and external audits.
  • Provide coaching, training, and mentoring.
  • 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), PeopleSoft and Financial Reporting Software (e.g., Investment Accounting Systems, Bloomberg, Foxit PDF Editor, Adobe Pro, 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.

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.

Explore life at Travelers.

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.

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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.

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

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

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