Director Accounting - Claim
Location
Hartford, CT | United States
Job description
Hartford, Connecticut
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 160 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
$101,800.00 - $168,000.00
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 Director, Accounting - Claim, you will be responsible for ensuring timely and accurate books and records for reporting to both internal and external parties while maintaining a strong control environment. As a partner to the business, you will interpret, communicate, and apply financial analyses in a way that resonates with the intended audience. You will also prepare, review, and approve complex financial activities including journal entries, payment requests, and reconciliations. This position may mange finance and accounting professionals.
What Will You Do?
- Compile, review, and analyze complex financial data for variance analysis, reporting, and accuracy to interpret and present on trends.
- Leverage business perspectives to develop robust financial analyses with a focus on key performance metrics (i.e. production, profitability, expense management, staffing).
- Accountable for the overall development and creation of financial/business plan, budget, and forecasts.
- Engage with business partners and functional partners in order to develop strong analyses and financial plans.
- Conduct an insightful and complete review and approve internal management based financial reporting for complete and consistent results within corporate policies and standards.
- Conduct an insightful and complete review for external financial statements which may include GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles).
- Develop, perform, and certify financial controls in accordance with Sarbanes-Oxley requirements.
- Review complex documentation to support internal and external audits with heavy interaction with internal and external auditors.
- Monitor and maintain compliance with various financial external regulatory requirements and internal accounting policies.
- 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, and/or professional designations, such as CPA, CMA or comparable advanced professional education.
- Extensive experience with accounting theory and practice within the insurance and financial services industry.
- Communication/influence: Excellent communication skills with the ability to influence across all levels of management.
- Analytical: Excellent analytical skills with the ability to evaluate and understand current data and systems, find opportunities, recommend changes, and translate into business impacts.
- Leadership: Proven leadership skills with the ability to mentor and develop employees.
- Project Management: Experience leading and managing complex projects.
- Technology: Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.).
- Ability to apply the most complex accounting and financial concepts and controls to financial systems and processes.
- 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, 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 and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you're eligible for five free counseling sessions with a licensed therapist.
- 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 believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.
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 .
The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $25 billion in 2010.
Job tags
Salary
