Accounting Manager, Corporate Benefits and Reporting

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

$85,600.00 - $141,200.00

1

Corporate Accounting and Reporting (CAR) is the GAAP and SEC accounting group that creates the Company’s quarterly and annual SEC filings, as well as participating in the review of Environmental, Social and Governance (ESG) reporting.

Benefits Accounting is the accounting group that is responsible for calculating, tracking, and reporting activity associated with the Company’s equity compensation expense and fringe benefits.

This role, as Accounting Manager, Corporate Benefits, is responsible for the preparation of journal entries, account reconciliations, and payment requests. Additionally, this role is responsible for the preparation of schedules used in external reports for SEC filings as well as filings required by the Department of Labor. The position does not manage others but has the opportunity for growth.

What Will You Do?

• Compile, review, and analyze complex financial data for variance analysis, reporting, and accuracy to interpret and understand trends.
• Develop and validate financial analyses for key performance metrics.
• Prepare and create components of overall business and financial plan, budget, and forecasts.
• Conduct a review for accuracy and completeness and approve internal management based financial reporting, both routine and ad hoc for complete and consistent results with corporate policies and standards.
• Conduct a review external for financial statements which may include ERISA (Employee Retirement Income Security Act), GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles).
• Perform and review financial controls in accordance with Sarbanes-Oxley requirements.
• Prepare and review complex documentation to support internal and external audits with some interaction with internal auditors.
• Maintain compliance with various financial external regulatory requirements and internal accounting policies.
• 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.
• May provide coaching, training, and mentoring.
• 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 for equity-based compensation, preferred.
• Experience with accounting and reporting for benefit plans, strongly preferred.
• 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.).
• Ability to apply basic accounting and financial concepts to financial systems and processes.

What is a Must Have?

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