The Travelers Companies, Inc

Accounting Manager, Corporate Benefits and Reporting

The Travelers Companies, Inc • $85K — $141K *
St. Paul, MN 55106Hybrid
Legal & Accounting
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, accounting, economics, or equivalent professional designations (CPA, CMA)
  • 3 years of experience in finance, accounting, or financial planning
  • Experience in accounting for equity-based compensation is preferred
  • Strong skills in data analysis and financial interpretation
  • Excellent communication and consulting skills
  • Ability to manage multiple projects and meet deadlines
  • Proficiency with Microsoft Office and financial reporting software like TM1 and Essbase.

Responsibilities

  • Compile, review, and analyze complex financial data for variance reporting
  • Develop and validate financial analyses for performance metrics
  • Prepare and create components of budgets and forecasts
  • Review internal financial reports for accuracy and compliance
  • Conduct external review of financial statements including ERISA and GAAP
  • Perform financial controls in line with Sarbanes-Oxley requirements
  • Prepare documentation for internal and external audits
  • Maintain compliance with regulatory and internal accounting policies
  • Participate in projects related to financial reporting changes
  • Coach and mentor team members as needed.

Benefits

  • Health insurance coverage from day one for employees and eligible family members
  • Generous 401(k) plan with dollar-for-dollar matching up to 5% of pay and contributions toward student loans
  • Minimum of 20 days Paid Time Off annually plus nine paid holidays
  • Comprehensive wellness program including mental health support and counseling
  • Encouragement for community involvement with Matching Gift and Volunteer Rewards programs.
Full Job Description
Job Category
What Is the Opportunity?
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 participating in the review of Environmental, Social and Governance (ESG) reporting.

Benefits Accounting is the accounting group that is responsible for calculating, tracking, and reporting activity associated with the Company’s equity compensation expense and fringe benefits.

This role, as Accounting Manager, Corporate Benefits, is responsible for the preparation of journal entries, account reconciliations, and payment requests. Additionally, this role is responsible for the preparation of schedules used in external reports for SEC filings as well as filings required by the Department of Labor. 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.
  • 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 ERISA (Employee Retirement Income Security Act), 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.
  • May 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 for equity-based compensation, preferred.
  • Experience with accounting and reporting for benefit plans, strongly preferred.
  • 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?
  • Three 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.

About The Travelers Companies, Inc

Travelers is an insurance leader, committed to keeping pace with the ever-changing needs of their customers and anticipating their needs for the future. There is no stronger testament to their dedication to protecting customers from loss than their continued innovation and ability to transform their industry. In fact, from the first-ever auto and space travel policies and hybrid car discount, to the 2009 founding of The Travelers Institute for public policy, their history of advancements has propelled their company—and their industry—towards ever higher standards for customers. Travelers is a company that works hard at the science of what they do: they analyze information, process perspectives and measure results to create the best combination of products and services. They work equally hard at customer service and how they interact with the people whom they do business. Over the years, they've strived to earn their customer's loyalty by continually improving their abilities to listen and respond to their needs.

The Travelers Companies, Inc Careers

Join the vibrant team at The Travelers Companies, Inc, a leader in the insurance industry, and propel your career to new heights with a company known for its commitment to innovation, leadership, and professional growth.

Explore Job Opportunities and Growth

At The Travelers Companies, Inc, we offer a plethora of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking a position in management, customer service, underwriting, or IT, we have a place for you. Our commitment to professional growth means we provide unparalleled career advancement tools and leadership training to help you climb the ladder of success.

Internship Programs: A Gateway to Employment

Kickstart your career with our dynamic internship programs. These opportunities are designed not just to teach, but to challenge and expand your understanding of the industry. Internships at Travelers are a perfect way to enhance your resume and gain valuable real-world experience, making you a competitive candidate for future employment.

Culture and Benefits

At The Travelers Companies, Inc, we pride ourselves on a culture that fosters diversity, networking, and innovation. Our team is our family, and we support each other's professional and personal growth. The benefits at Travelers are comprehensive, designed to meet the diverse needs of our employees, including health, wellness, and continuous education.

Hiring Process: What to Expect

Our hiring process is straightforward and transparent, designed to find passionate, curious, and solution-driven team players. From the initial application and resume submission to the interview, we ensure that every candidate is treated with respect and given a fair chance to demonstrate their capabilities.

Career Development and Training

We believe in nurturing talent and providing our team with the tools they need to succeed. Our career development programs include professional training, diversity training, and skills enhancement workshops. These resources are tailored to foster innovation and empower our employees with the latest industry knowledge and best practices.

Join Our Team

Are you ready to explore the exciting career opportunities at The Travelers Companies, Inc? Search open positions that match your skills and interests. We are always looking for individuals who are driven to innovate and lead.

Stay Connected

Keep up to date with the latest news, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the rewarding opportunities that await at The Travelers Companies, Inc.

Explore Careers at The Travelers Companies, Inc

Embark on a journey of growth, opportunity, and excellence. At The Travelers Companies, Inc, your career is just beginning. Join us and make a difference in a company that values leadership, diversity, and forward-thinking.
Learn more about The Travelers Companies, Inc
Size
30,800 employees
Market Cap
$44.1 billion
Industry
Finance & Insurance
Net Income
$2.6 billion
Founded
1853
5 Year Trend
+4.7%
Revenue
$32 billion
NASDAQ
TRV
* Ladders Estimates

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