The Travelers Companies, Inc

AVP, Accounting - Business Insurance

The Travelers Companies, Inc • $146K — $241K *
Hartford, CT 06106Hybrid
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, accounting, economics, or equivalent professional designations (e.g., CPA, CMA).
  • 8+ years of experience in finance, accounting, or financial planning roles.
  • Proven management experience leading teams.
  • Strong data analysis capabilities and experience interpreting trends.
  • Exceptional communication and influencing skills, especially with senior leadership.
  • Demonstrated ability to develop and implement effective strategies.
  • Familiarity with financial reporting software and Microsoft Office.

Responsibilities

  • Lead and oversee all financial activities across multiple business areas.
  • Develop and manage the overall financial/business plan and forecasts.
  • Collaborate and partner with various functions to create strategic financial plans.
  • Ensure compliance with internal policies and manage financial reporting standards.
  • Oversee the accuracy and completeness of external financial statements.
  • Develop complex financial controls in line with Sarbanes-Oxley requirements.
  • Mentor and develop team members while managing departmental objectives.

Benefits

  • Health insurance coverage for employees and eligible family members from day one.
  • 401(k) matching contributions dollar-for-dollar up to the first 5% of eligible pay.
  • Minimum of 20 days Paid Time Off annually, in addition to 9 paid company holidays.
  • Access to a comprehensive wellness program, including mental health services.
  • Encouragement and programs for community involvement and volunteering.
Full Job Description
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
$146,400.00 - $241,600.00

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 an AVP, Accounting, you are responsible for oversight and leadership for all financial and accounting activities across multiple business areas with in Business Insurance. You will lead a team working to advance organizational objectives aligned with enterprise goals and ensure more informed strategic decisions. Leveraging your relationship building skills, you will build strong internal and external networks. You are an influential leader that can articulate how financial content can influence business strategy. This position will directly manage others.What Will You Do?
  • Leverage business perspectives to lead robust financial analyses and operational perspectives with a focus on key performance metrics (i.e. production, profitability, expense management, staffing).
  • Lead the development and creation of overall financial/business plan, budget, and forecasts.
  • Partner with and influence across multiple functions in order to develop strong analyses and financial and strategic plans.
  • Oversees internal management based financial reporting for complete and consistent results with corporate policies and standards.
  • Oversee creation, accuracy and completeness of external financial statements which may include GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles) with a comprehensive view of the impact they have on the organization.
  • Develop, maintain, and certify complex financial controls in accordance with Sarbanes-Oxley requirements.
  • Establish policy and oversee documentation to support internal and external audits while building and managing relationships with internal and external auditors.
  • Oversee and ensure compliance with various financial external regulatory requirements and internal accounting policies.
  • Oversee implementation of business and financial regulatory changes related to financial reporting, such as reorganizations, mergers and acquisitions, etc.
  • Provide coaching, training, and mentoring.
  • As a manager of people, provide leadership, coaching, training, planning, staffing, and performance management and development to employees, in addition to ensuring the understanding of departmental objectives, vision, and strategy.
  • 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 Financial Analysis concepts, principles, processes, applications and accounting practices and principles within the insurance and financial services industry.
  • Exceptional communication, collaboration, and influencing skills with the ability to present and influence complex information to senior leadership and functional partners in relevant business terms.
  • Exceptional data analysis skills with the ability to interpret trends and report insights and recommendations to business partners.
  • A proven track record as a leader who is well-respected and highly organized, with the ability to mentor, coach, and develop team members and strategically align resources to accomplish key objectives.
  • Demonstrated experience in developing and planning effective strategies, with the ability to lead a team to implement those strategies.
  • Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.).
  • Strong business acumen, with the ability to problem-solve, think critically and operate strategically across the company.

What is a Must Have?
  • Eight years of finance, accounting, financial planning, or related experience.
  • Previous management 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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