Financial Analyst

2 weeks ago

Hartford, Connecticut, United States Travelers Insurance Full time

About Us

At Travelers Insurance, we prioritize the well-being of our clients, communities, and each other. This commitment has solidified our standing as a leading property casualty insurer for over 160 years. Join us to experience a culture that fosters innovation and thrives on teamwork. Imagine enjoying your work and the environment in which you do it.

Job Category

Finance and Accounting

Compensation Overview

The annual base salary range for this position reflects a nationwide market range and encompasses a wide array of salaries for this role across the country. The actual salary will be influenced by various factors, including the complexity and scope of the role, the candidate's skills, education, training, credentials, experience, and other employment conditions. As part of our comprehensive compensation and benefits program, employees may also qualify for performance-based cash incentive awards.

Salary Range

$60,000 - $99,400.00

What Is the Opportunity?

This role supports the Commercial Accounts Group by focusing on financial reporting and analytics. The individual will be tasked with delivering precise and timely financial reports and analyses on a monthly, quarterly, and ad hoc basis, catering to four distinct business units. Success in this position requires strong technical abilities to generate monthly and quarterly reports, as well as to develop new reporting frameworks to accommodate evolving business requirements. The ideal candidate should also possess the capability to interpret and analyze data to identify significant insights. Furthermore, the candidate will consistently seek efficiencies to enhance reporting and processes.

Key Responsibilities

  • Prepare, assess, and validate financial and operational reports.
  • Analyze, interpret, and validate trends and variances in business performance, collaborating with cross-functional peers as needed.
  • Synthesize and present findings, results, and observations to the direct manager and team members.
  • Assist financial partners in preparing analyses to support business strategies.
  • Perform additional duties as assigned.

What Will Our Ideal Candidate Have?

  • Bachelor's degree in Finance, Accounting, Economics, or equivalent professional designations such as CPA, CMA, or comparable advanced education.
  • Understanding of financial analysis concepts and processes, along with accounting practices and principles.
  • Strong written and verbal communication skills, with a keen attention to detail.
  • Ability to leverage analytical skills to access and gather data, with a solid understanding of its implications.
  • Experience with Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and financial reporting software (e.g., TM1, Essbase, Hyperion, etc.).
  • Familiarity with the insurance industry.
  • Effective time management and prioritization skills, along with problem-solving abilities.
  • Accountability for decisions and actions.
  • Intermediate project management skills.
  • Capability to identify customer needs and take appropriate actions while adhering to tight deadlines.

Essential Qualifications

  • Bachelor's Degree in finance, accounting, or a related field, or equivalent experience.

What We Offer

  • Health Insurance: Coverage for employees and their eligible family members, including spouses, domestic partners, and children, 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. Additionally, if you have student loan debt, you can participate in the Paying it Forward Savings Program, where Travelers contributes to your 401(k) account when you make a payment toward your student loan. You are also eligible for a fully funded Pension Plan.
  • Paid Time Off: A minimum of 20 days of Paid Time Off annually, plus nine paid company holidays.
  • Wellness Program: Our wellness program includes tools, discounts, and resources to help you achieve your wellness goals and caregiving needs. We also provide access to free professional counseling services and health coaching.
  • Volunteer Encouragement: We are committed to the communities we serve and encourage employee involvement. Our Matching Gift and Volunteer Rewards program allows you to contribute to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We believe that our workforce should reflect the diverse customers and communities we serve. We are dedicated to recruiting, retaining, and developing diverse talent while fostering an inclusive workplace that celebrates differences and promotes belonging.

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