Manager, Financial Analysis– Enterprise Technology Finance

Posted Yesterday
Be an Early Applicant
Hartford, CT
87K-144K Annually
Mid level
Insurance
The Role
The Manager, Financial Analysis prepares and presents financial reports, analyzes trends, and provides actionable insights to support business decision-making, managing financial professionals.
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

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$87,400.00 - $144,400.00

Target Openings

1

What Is the Opportunity?

The Technology and Operations Finance team collaborates and acts as trusted partners to Technology and Operations leadership and key business stakeholders by delivering proactive data-driven insights and analytics that influence strategic decision making, accelerate business outcomes, and optimize organization effectiveness and efficiency. Travelers' financial analysis team translates raw numbers into actionable insights to tell the story of past financial results and forecast possibilities into the future.
As a Manager, Financial Analysis - Enterprise Technology Finance, you will gain hands-on experience with the latest technologies, drive innovative solutions and play a crucial role in shaping the future of technology. You will apply your analytical skills, dedication to excellence, and a collaborative approach to achieve the strategic goals of Enterprise Technology. You will prepare, evaluate, validate, and present financial reports to assigned business area(s), conduct analyses to identify trends and outliers, and begin to provide insights and solutions to management. Fostering key relationships, you will bring your understanding of business context to act as a liaison to translate financial results and clearly communicating the impact. You will connect with others and take action to achieve customer's needs.What Will You Do?

  • Manage capital planning, review contracts and invoices for software, hardware and professional services, prepare journal entries and update forecast to maintain financial accuracy and support decision-making for the Enterprise Technology.
  • Lead enterprise-wide software rationalization initiatives by analyzing current technological landscape and total cost, and implementing solutions to improves software lifecycle management, enhance technology roadmaps and optimize costs.
  • Prepare, evaluate, and validate financial and operational reports focusing on improving the process of completing these tasks and the effectiveness of the content delivered while ensuring accuracy.
  • Perform and review analysis and interpret trends and variances in business performance, interacting with cross functional peers on a frequent basis.
  • Perform testing and validation of data and analyses having a general understanding of data limitations and gaps.
  • Synthesize and present exhibits, results, observations, and recommendations to direct manager, team members and/or cross functional peers with the ability to answer some questions.
  • Begin to manage the creation of complex analyses to support business strategy.
  • Participate in projects that involve complex analysis and implementation of non-complex, routine business and financial regulatory changes relating to financial reporting, such as reorganizations, mergers and acquisitions, etc.
  • Provide coaching, training, and mentoring.
  • 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, principles and processes and accounting practices and principles.
  • Excellent communication skills with the ability to consult on projects and present information effectively.
  • Ability to influence team members and management.
  • Strong data analysis skills with the ability to interpret trends and provide insights and recommendations to business partners.
  • Manage multiple projects simultaneously and follow through to ensure timely completion.
  • Ability to think strategically and use judgement to resolve issues as they arise.
  • 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?

  • Three 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 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

Essbase
Hyperion
MS Office
Tm1
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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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