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Director, Financial Analysis
- Travelers Insurance Company (Hartford, CT)
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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.
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
$101,300.00 - $167,000.00
Target Openings
1
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. As a Director, Financial Analysis, you will design, model, and present financial reports to assigned business area(s) and proactively identify trends and impacts on the business to inform decisions. As a collaborative partner to the business, you will help advance team objectives and business outcomes by interpreting, communicating, and applying analyses in a way that resonates with the intended audience. You will also review and approve team member's interpretations of trends in business performance. This position may manage finance professionals.
In this role as Director, Financial Analysis, you will be a leader within the Middle Market Finance organization, collaborating with the Business Insurance (BI) Field team. You will support the 10 Field Vice Presidents and work closely with the Small Commercial and Middle Markey leadership teams. Your responsibilities include providing monthly reporting, analysis, and annual planning for the 10 BI Regions, as well as facilitating two main operating reviews within BI leadership. Building relationships with leaders in the BI Field and home office is essential, as you will serve as the main Finance contact for BI Field Leaders, assisting with ad hoc requests and navigating the organization. This role will also be involved in multiple BI Finance transformation initiatives, playing a critical role in shaping, driving, and monitoring long-term strategic priorities.
The ideal candidate will possess strong technical skills and financial acumen. Familiarity with TM1 / IPA is a plus. A strong executive presence is required, as you will be engaging with senior leaders and representing Middle Market Finance in various workstreams. The ability to connect financial content to broader business strategies is essential.
What Will You Do?
+ Synthesize reports generated into impactful exhibits, insightful results/observations, and actionable recommendations to influence business partners and management, ensuring quality control/accuracy.
+ Review team members’ reports and provide coaching and feedback on accuracy and presentation.
+ Execute identified analyses aligned with broad business objectives.
+ Perform testing and validation of data and analyses and identify gaps and limitations in data sets while recommending potential alternatives.
+ Prepare and present influential financial insights to senior financial leaders and/or functional teams, answering most questions.
+ Direct the creation of complex analyses to influence business strategy.
+ Review competitor press releases, SEC filings, and industry trade press for helpful insights, linking key themes together and identifying applicability to departmental strategies. Push insights up to management in a timely manner and/or dive deeper into an actionable insight.
+ Lead projects that analyze and implement complex business and financial regulatory changes relating to financial reporting, such as reorganizations, mergers and acquisitions, etc.
+ Provide coaching, training, and mentoring.
+ If a manager of people, effectively oversee and engage direct reports and perform management activities such as performance management, career development, and talent acquisition.
+ 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.
+ Extensive experience with Financial Analysis concepts, principles, processes, applications and accounting practices and principles, preferably with some exposure to the P&C insurance industry.
+ Excellent communication skills with the ability to influence across all levels of management.
+ Proven leadership skills with the ability to mentor and develop employees.
+ Excellent analytical skills with the ability to evaluate and understand current data and systems, find opportunities, recommend changes, and translate into business impacts.
+ Experience leading and managing multiple complex projects simultaneously and follow through to ensure timely completion.
+ Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.).
+ Ability to quickly gain an understanding of Travelers' business strategy and plan objectives to align with enterprise goals.
What is a Must Have?
+ Five 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 value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
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 ([email protected]) 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/ .
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