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.
Travelers' Select is an externally reported $3.7 billion business with over 700 thousand small business policies. Select is seeking a financial analysis leader to drive actionable insights and help shape future strategies for the business.
As a Director, Financial Planning & Analysis, you will drive financial improvement through oversight of Small Commercial strategic modeling as well as expense reporting & analysis. This position will manage finance professionals.
What Will You Do?
- Oversee the development and enhancement of staffing and productivity models supporting the Select Underwriting organization.
- Oversee and coordinate Small Commercial expense and census reporting, analysis, and budgeting seeking optimal outcomes.
- Accountable for development and coordination of multi-year production and financial plan across Small Commercial. Drive accountability of deliverable, model enhancement, accuracy, and analysis.
- Synthesize reports generated into impactful exhibits, insightful results/observations, and actionable recommendations to influence business partners and management, ensuring quality control/accuracy.
- Direct the creation of complex analyses to influence business strategy, including multi-year plans and staffing models.
- Serve as the key point of contact for the countrywide underwriting organization.
- Execute identified analyses aligned with broad business objectives.
- Prepare and present influential financial insights to senior financial leaders and/or functional teams.
- Perform testing and validation of data and analyses and identify gaps and limitations in data sets while recommending potential alternatives.
- Review team members' reports, provide coaching and feedback on accuracy and presentation.
- Provide coaching, training, and mentoring.
- Effectively manage 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.
- 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.
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 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/.
Top Skills
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.
