Financial Analyst

Posted 2 Days Ago
Be an Early Applicant
2 Locations
Junior
Insurance
The Role
The Financial Analyst at Travelers will analyze financial data, prepare reports, and support forecasting and financial planning. This role requires collaboration with business partners and involves preparing external financial statements in compliance with US GAAP.
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 Financial Analyst to join our team, where you will help transform financial data into meaningful insights that drive business decisions. Working closely with business partners, you will support financial reporting, forecasting and analysis while developing a strong understanding of the insurance and financial services industry.
This role is ideal for a graduate-level candidate with some experience who is eager to build a career in finance. Strong Excel and Microsoft Office skills are essential, and candidates will be required to complete an Excel test as part of the interview process. Knowledge of TM1, Hyperion Essbase, or similar OLAP database technologies is advantageous but not required.
We encourage professional development, including pursuing accounting or CII qualifications, to support career growth. If you have a passion for financial analysis and are looking to develop your skills in a dynamic and collaborative environment, we’d love to hear from you.
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 £1500 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?

  • Prepare, evaluate, and validate financial and operational reports. [eg Production Highlights & Flow metrics KPI reports]
  • With supervision, analyse, interpret, and validate trends and variances in business performance, while interacting with cross functional peers on limited basis.
  • Compile and review financial data for variance analysis and reporting of results (within Results report) against expectations. Perform moderately complex analysis.
  • Assist in developing and creating overall financial/business plan, budget and forecasts for the organisation (annual, ongoing and multi-year).
  • Synthesise and present exhibits, results, and observations to direct manager and team members.
  • Under guidance support your financial partners in the preparation of analyses to support business strategy.
  • Complete and prepare components of external financial statements and including, but not limited to US GAAP(Generally Accepted Accounting Principles)
  • Use identified tools (eg TM1, Peoplesoft GL, Business Objects) to obtain and compile data necessary to create less complex financial reports and analysis.
  • 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 would be preferable.
  • Knowledge of Financial Analysis concepts and processes, and accounting practices and principles.
  • Written and verbal communication skills with the ability to pay attention to detail and effectively convey information.
  • Begin to leverage analytical skills access and gather data, including a basic understanding of what the data represents.
  • Time management/ prioritisation skills and ability to solve problems and make recommendations.
  • Takes responsibility for decisions and actions.
  • Ability to identify customers needs and take appropriate actions while working within tight timeframes and deadlines.
  • Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.).

What is a Must Have?

  • Some finance, accounting, financial planning, or related experience.
  • Intermediate working knowledge of Microsoft Office (e.g. Excel, Word, Powerpoint).
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/.

Top Skills

Excel
MS Office
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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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