The Travelers Companies, Inc

Manager, Financial Analysis

The Travelers Companies, Inc • $89K — $148K *
Hartford, CT 06106Hybrid
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, or pursuing an MBA with finance/accounting focus.
  • Three years of finance, financial planning, accounting, or related experience.
  • Experience with financial analysis concepts and accounting practices.
  • Excellent communication skills for project consultation and presentations.
  • Strong data analysis skills for interpreting trends and providing insights.
  • Ability to influence team members and management effectively.
  • Proficiency in Microsoft Office and financial reporting software.

Responsibilities

  • Support Sales leadership by engaging cross-functional stakeholders for incentive deal evaluations.
  • Create insightful results reports to drive decision-making and communicate findings effectively.
  • Collaborate with teams to develop and implement the Commission Plan.
  • Oversee execution of commission deals for accuracy and timeliness.
  • Support strategic initiatives to enhance cost structure and operational efficiency.
  • Prepare complex financial reports aimed at improving process effectiveness and data accuracy.
  • Analyze business performance trends and variances against objectives.

Benefits

  • Health Insurance coverage from day one for employees and eligible family members.
  • 401(k) matching contributions dollar-for-dollar up to 5% of eligible pay, student loan repayment contribution, and a fully funded Pension Plan.
  • A minimum of 20 days Paid Time Off plus nine paid company holidays annually.
  • Access to a comprehensive wellness program including mental health resources and health coaching.
  • Encouragement and resources for community volunteering through Matching Gifts and Volunteer Rewards.
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
$89,800.00 - $148,300.00

Target Openings

1

What Is the Opportunity?

The Small Commercial Agency Compensation team partners with Sales leadership and key business partners to strategize and manage the overall compensation philosophy ensuring alignment with profitable, sustainable growth, maintaining a competitive cost structure, driving execution of strategic plans and monitoring of results.

As a Manager, Financial Analysis, you will lead the design, modeling, and evaluation of incentive deals to ensure economic viability and proactively identify trends and impacts to inform business decisions. You will act as a subject matter expert on agency compensation and leverage strong business acumen and financial skills to advise on the development of optimal outcomes in managing over half a billion dollars in commissions expense.What Will You Do?
  • Support Sales leadership by engaging key stakeholders (Product, Actuarial, Agency Comp, Legal, Enterprise Distribution Management, etc) and evaluating incentive deals to ensure economic viability.
  • Create meaningful results reporting to provide insights and drive decision making while proactively communicating with key stakeholders.
  • Collaborate with cross functional teams to create the Commission Plan.
  • Oversee execution of desired commission deals to ensure accuracy and timeliness of contracts and commission tables.
  • Support strategic initiatives which may include collaboration with matrix partners to enable best practices to effectively leverage incentives, evaluation and analysis to advance efforts to achieve competitive cost structure, and enhance best practices to drive efficiency.
  • Prepare, evaluate, and validate complex financial and operational reports focusing on improving the process of completing these tasks and the effectiveness of the content delivered while ensuring accuracy and help synthesizing data into impactful observations.
  • Review team members' reports and provide feedback on accuracy and presentation.
  • Perform analysis of trends and variances in business performance against broad business objective.
  • Perform testing and validation of data and analyses with a strong understanding and ability to communicate data limitations and gaps.
  • Prepare and present financial insights to financial leaders and/or functional teams, answering most questions.
  • Manage the creation of complex analyses to support business strategy.
  • Participate and/or lead 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.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor's degree in Finance, Accounting, Economics, or pursuing a Master's in Business Administration with a concentration in finance or accounting or professional designations such as CPA, CMA or comparable advanced professional education.
  • Experience with Financial Analysis concepts, principles and processes and accounting practices and principles.
  • 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.).


What is a Must Have?
  • Three years of finance, financial planning, accounting, 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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