Sr. Accountant, Bond & Specialty Claim Operations

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 170 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.

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

$73,900.00 - $122,000.00

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Under general direction, the Senior Accountant is responsible for moderately complex financial, accounting, and expense analysis. Core responsibilities include: electronic funds transfer (EFT) bank instruction validation; preparation of regulatory and compliance reports for claim financial data; accurate recording and reconciliation of Canadian claim transactions per established business and compliance requirements; balance sheet reconciliation; and support of SOX documentation and internal controls. Identifies and recommends process improvement opportunities. This position does not manage others.

What Will You Do?

• Perform financial controls in accordance with Sarbanes-Oxley requirements.
• Prepare and review documentation to support internal and external audits.
• Perform bank instruction validation for all outgoing electronic funds transfers to include wire and ACH transactions. Work closely with Global Treasury and Finance.
• Ensure accurate recording and reconciliation of Canadian claim transactions per established business and compliance requirements.
• Reconcile balance sheet accounts; investigate and resolve variances in a timely manner.
• Ensure compliance with regulatory reporting requirements and 1099 data submission and inquiry research.
• Monitor and oversee the Quality Assurance Dashboard Review process.
• Interface with claim professionals, the claim senior management team, and other corporate departments to resolve issues and communicate operational protocols.
• Serve as backup on financial and other operational tasks.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Bachelor's degree in finance, accounting, economics, and/or professional designations, such as CPA, CMA or comparable advanced professional education.
• Experience with accounting theory and practice.
• Excellent written and verbal communication skills with the ability to collaborate effectively with business partners.
• Ability to analyze data to interpret trends and provide insights to management.
• Strong organizational and time management skills with the ability to handle shifting priorities.
• Ability to foresee challenges and proactively look for ways to create more efficient processes for the business.
• 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?

• Two years of finance, accounting, financial planning, or related experience.