The Travelers Companies, Inc

Sr. Accountant, Bond & Specialty Claim Operations

The Travelers Companies, Inc • $73K — $122K *
Hartford, CT 06106In-Person
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 relevant professional designations (CPA, CMA).
  • Minimum of two years of experience in finance, accounting, or financial planning.
  • Knowledge of accounting theory and practice.
  • Strong analytical skills for data interpretation and trend analysis.
  • Excellent written and verbal communication skills for collaboration.
  • Strong organizational and time management skills with adaptability to shift priorities.
  • Proficient with Microsoft Office and financial reporting software (e.g., TM1, Essbase).

Responsibilities

  • Perform financial controls aligned with Sarbanes-Oxley requirements.
  • Prepare documentation for internal and external audits.
  • Validate bank instructions for electronic funds transfers, coordinating with Global Treasury.
  • Record and reconcile Canadian claim transactions per compliance requirements.
  • Reconcile balance sheet accounts and resolve variances promptly.
  • Ensure compliance with regulatory reporting and 1099 submissions.
  • Monitor Quality Assurance Dashboard Review process.
  • Interface with claim professionals and corporate departments to resolve issues.

Benefits

  • Health insurance coverage effective on the first day of employment for employees and eligible family members.
  • 401(k) match dollar-for-dollar up to 5% of eligible pay, plus an annual contribution towards student loans.
  • Minimum of 20 days Paid Time Off annually, plus nine paid company holidays.
  • Wellness program providing resources and services for mental health and caregiving support.
  • Encouragement of community involvement through volunteering and matching gift programs.
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
$73,900.00 - $122,000.00

Target Openings

1

What Is the Opportunity?

Under general direction, the Senior Accountant is responsible for moderately complex financial, accounting, and expense analysis. Core responsibilities include: electronic funds transfer (EFT) bank instruction validation; preparation of regulatory and compliance reports for claim financial data; accurate recording and reconciliation of Canadian claim transactions per established business and compliance requirements; balance sheet reconciliation; and support of SOX documentation and internal controls. Identifies and recommends process improvement opportunities. This position does not manage others.What Will You Do?
  • Perform financial controls in accordance with Sarbanes-Oxley requirements.
  • Prepare and review documentation to support internal and external audits.
  • Perform bank instruction validation for all outgoing electronic funds transfers to include wire and ACH transactions. Work closely with Global Treasury and Finance.
  • Ensure accurate recording and reconciliation of Canadian claim transactions per established business and compliance requirements.
  • Reconcile balance sheet accounts; investigate and resolve variances in a timely manner.
  • Ensure compliance with regulatory reporting requirements and 1099 data submission and inquiry research.
  • Monitor and oversee the Quality Assurance Dashboard Review process.
  • Interface with claim professionals, the claim senior management team, and other corporate departments to resolve issues and communicate operational protocols.
  • Serve as backup on financial and other operational tasks.
  • 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.
  • Excellent written and verbal communication skills with the ability to collaborate effectively with business partners.
  • Ability to analyze data to interpret trends and provide insights to management.
  • Strong organizational and time management skills with the ability to handle shifting priorities.
  • Ability to foresee challenges and proactively look for ways to create more efficient processes for the business.
  • 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?
  • Two 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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