Manager, Accounting - Corporate Accounting and Reporting

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

$85,600.00 - $141,200.00

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.

Corporate Accounting and Reporting (CAR) is the GAAP and SEC accounting group that creates the Company’s quarterly and annual SEC filings, as well as monthly corporate management reporting (CMR).

This role, as Manager, Accounting -Corporate Accounting and Reporting , assists in the preparation and review of the quarterly SEC filings, as well as miscellaneous ad hoc reporting, including internal management reporting. Additionally, the role assists in performing Essbase system updates and maintenance, prepares and compiles complex analysis and reports, and reviews routine financial activities. The position does not manage others but has the opportunity for growth.

What Will You Do?

• Compile, review, and analyze complex financial data for variance analysis, reporting, and accuracy to interpret and understand trends.
• Develop and validate financial analyses for key performance metrics (i.e. production, profitability, expense management, staffing).
• Prepare and create components of overall business and financial plan, budget, and forecasts.
• Conduct a review for accuracy and completeness and approve internal management based financial reporting, both routine and ad hoc for complete and consistent results with corporate policies and standards.
• Conduct a review external for financial statements which may include GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles).
• Perform and review financial controls in accordance with Sarbanes-Oxley requirements.
• Prepare and review complex documentation to support internal and external audits with some interaction with internal auditors.
• Maintain compliance with various financial external regulatory requirements and internal accounting policies.
• 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.
• 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.
• Experience with accounting theory and practice within the insurance and financial services industry.
• 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.).
• Ability to apply basic accounting and financial concepts to financial systems and processes.

What is a Must Have?