Sr. Financial Consultant – Assistant Regional Controller

Job ID: R-39586
Job Category: Finance and Accounting,
Location: Hartford, CT
Additional Locations: Richmond, VA; Spokane, WA;
Workplace Arrangement: Hybrid
Posted Date: September 25, 2024
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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 160 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.

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

$70,000.00 – $115,500.00

Target Openings

What Is the Opportunity?

Travelers’ financial analysis team translates raw numbers into actionable insights to tell the story of past financial results and forecast possibilities into the future. The team acts as an independent party to collaborate with business partners and enable them to make informed decisions rooted in economic reality.

The Sr Consultant, Financial Analysis – Assistant Regional Controller reports to the Managing Controller and is responsible for the evaluation of financial reviews for current and prospective insureds and the performance of financial reviews of prospective new commercial lines agency appointments. This role performs receivable and relationship management across Enterprise Billing & Receivables Management (EBRM) and within a given region to ensure favorable financial results. This position will require travel, including regional and nationwide.

What Will You Do?

Prepare, evaluate, and validate financial and operational reports.
Analyze and interpret trends and variances in business performance, while interacting with cross functional peers on a frequent basis.
Synthesize and present exhibits, results, observations, and recommendations to direct manager, team members and/or cross functional peers.
Support your financial and business partners in the creation of analyses to support business strategy.
Provide problem resolution as it relates to agency and insured collection problems.
Manage collaborative partnerships with various stakeholders, including underwriting, premium audit, service, finance, claims, insureds, agents and other financial management disciplines resulting in improved receivables and cash flow.
Promote education on our systems and procedures (Direct Bill and Agency Bill).
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 and processes and accounting practices and principles.
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, 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.

Employment Practices

Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.

In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

Careers at Travelers

When you work at Travelers, life’s most important moments become your life’s work. That means helping families feel secure, businesses to prosper, knowing that you’ve made a difference, and feeling like you belong to something bigger. It also means being part of a team comprised of 30,000 + talented and passionate people that are evolving to meet changing needs – from customer service to data science and beyond. If that’s more than you imagined in an insurance career, it’s time to join us at Travelers.

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$24 Million donated to the communities where we live and work globally in 2023 $900,000 raised by employees through our Community Connections Campaign in 2023