Senior Finance Manager

Posted 2 Days Ago
Be an Early Applicant
London, England
Senior level
Insurance
The Role
The Senior Finance Manager will oversee the financial close process, manage a team of two Senior Accountants, ensure timely financial reporting, maintain a strong general ledger, prepare budgets and forecasts, and conduct analytical reviews to support business decisions in a dynamic insurance environment.
Summary Generated by Built In

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

Target Openings

1

What Is the Opportunity?

Travelers is seeking a Senior Finance Manager to join our London office on a permanent basis. This is an exciting opportunity for an experienced finance professional to take on a leadership role within a dynamic and highly regarded insurance business.

As a Senior Finance Manager, you will oversee the financial close process for Travelers' London Market business while managing a team of two Senior Accountants. You will be responsible for ensuring timely and accurate monthly financial reporting to our teams in the US, as well as maintaining a strong general ledger and control framework. The role also involves conducting analytical reviews and providing financial insights to support business decisions.

We are looking for a candidate with strong technical insurance accounting knowledge, as this is essential for the role. Experience in managing a team or team members, general ledger and financial controls is required. A background in audit with strong technical expertise would also be suitable. A qualified accountant (ACA, ACCA, CIMA) is preferred, but we will also consider candidates who are qualified by experience. Additionally, Lloyd’s reporting experience would be advantageous.

This role reports directly to the Financial Controller. It is a fantastic opportunity for a finance professional looking to progress their career within a supportive and high-performing environment.

At Travelers, our finance team plays a crucial role in maintaining financial integrity and delivering actionable insights. This role offers exposure to global financial reporting, the chance to work closely with senior leadership, and an opportunity to develop within a company that values growth and progression.

Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
This role is eligible for a £2500 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.What Will You Do?

  • Compile, review, and analyze complex financial data for variance analysis, reporting, and accuracy to interpret and present on trends.
  • Leverage business perspectives to develop robust financial analyses with a focus on key performance metrics (i.e. production, profitability, expense management, staffing).
  • Accountable for the overall development and creation of financial/business plan, budget, and forecasts.
  • Engage with business partners and functional partners in order to develop strong analyses and financial plans.
  • Conduct an insightful and complete review and approve internal management based financial reporting for complete and consistent results within corporate policies and standards.
  • Conduct an insightful and complete review for external financial statements
  • Develop, perform, and certify financial controls in accordance with Sarbanes-Oxley requirements.
  • Review complex documentation to support internal and external audits with heavy interaction with internal and external auditors.
  • Monitor and maintain compliance with various financial external regulatory requirements and internal accounting policies.
  • 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.

Be Committed, Be Connected, Be Creative and Be Energised – these are the values we are passionate about. Understanding and embracing our values will shape your success and contribute to making Travelers Europe a great place to work. 

To be successful, you will need to consistently deliver a great experience in every customer contact; connect with the right partners internally to find creative solutions to problems; be a role model; and consistently deliver on your commitments.  

What Will Our Ideal Candidate Have?

  • Professional accounting qualification , such as ACCA, CIMA or comparable advanced professional education.
  • Extensive experience with accounting theory and practice within the insurance and financial services industry.
  • Excellent communication skills with the ability to influence across all levels of management.
  • Excellent analytical skills with the ability to evaluate and understand current data and systems, find opportunities, recommend changes, and translate into business impacts.
  • Proven leadership skills with the ability to mentor and develop employees.
  • Experience leading and managing complex projects.
  • Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.). Extensive experience of using Financial general ledgers
  • Ability to apply the most complex accounting and financial concepts and controls to financial systems and processes.
  • Ability to quickly gain an understanding of Travelers' business strategy and plan objectives to align with enterprise goals.

What is a Must Have?

  • Extensive finance, accounting, financial planning, or related experience.
What Is in It for You?
  • Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
  • Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
  • Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that 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 programme 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. 

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/.

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The Company
HQ: New York, NY
35,118 Employees
On-site Workplace

What We Do

Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other.

Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers.

Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount.

By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.

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