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Travelers Insurance Company Senior Financial Consultant - National Accounts in Hartford, Connecticut

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

$71,900.00 - $118,700.00

Target Openings

1

What Is the Opportunity?

National Accounts Finance is seeking a highly motivated Sr Consultant, Financial Analysis to join our Specialty Group Captive finance team. As a Sr Consultant, Financial Analysis, under moderate supervision you will be responsible for monitoring and analyzing financial activity for our Specialty Group Captive insurance programs. Responsibilities include the reporting of premium data, analyzing and ensuring the integrity of claim information, recording and managing reinsurance recoverable from captives and maintaining adequate collateral for unauthorized reinsurance for an assigned book of business.

What Will You Do?

  • Prepare, evaluate, and validate financial and operational monthly data reports.

  • Prepare and analyze cession statements to report premium and ensure accuracy.

  • Responsible for the booking of ceded premium for assigned book of business.

  • Responsible for the cash flow aspect of Specialty Group Captive programs, including settling funds with external TPA, captives and any other parties involved.

  • Support your financial and business partners through analysis of data to support business strategy.

  • Review and ensure adequate collateral is maintained for unauthorized reinsurance.

  • Complete any assigned ledger account reconciliation monthly, ensuring accuracy and timeliness and obtain proper review and sign off.

  • 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.

  • Working knowledge of the insurance business.

  • Strong Excel skills required. Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint).

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 (4-ESU@travelers.com) 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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