Staff Accountant - Middle Market at Travelers (Hartford, CT)

| Hartford, CT
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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.

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

$56,700.00 - $93,600.00

Target Openings

1

What Is the Opportunity?

This position is seeking a detail oriented Staff Accountant to join the Middle Market Financial Reporting and Controls team. The team is responsible for the GAAP monthly/quarterly financial support and internal controls of various markets within the Middle Market and BI Finance organizations. This individual is the financial liaison for specific markets providing monthly analysis of results and accounting/reporting support during the monthly close. In addition, under general direction, this individual is responsible for the analysis of income reconciliations, premium, loss and reinsurance results. This position does not manage others but must maintain key business partner relationships.

What Will You Do?
  • Perform monthly review of income statements and balance sheets for assigned markets, assist in analyzing and reporting on variances and ensuring the accurate and timely reporting of results.
  • Support and communicate financial results by providing data and assist in developing analyses for key financial metrics (i.e. premium and commissions, losses and reinsurance).
  • Communication of monthly/quarterly results to Business Unit Finance leads.
  • Prepare and review monthly management reporting for assigned markets, including executive management books.
  • Assist in the monthly/quarterly GAAP CYP (Current Year Projection) reporting process for assigned markets within the Middle Market organization.
  • Prepare journal entries and account reconciliations for various lines of business.
  • Perform financial controls in accordance with Sarbanes-Oxley requirements.
  • Responsibilities will include extracting and assisting in analyzing data from FACTS General Ledger and TM1 applications.
  • Perform other duties as assigned.

What Will Our Ideal Candidate Have?
  • Bachelor's degree in accounting, finance or related field preferred.
  • Typically 1-2 years of related work experience.
  • Working knowledge of accounting theory and practice.
  • Intermediate time management skills.
  • Basic project management skills.
  • Demonstrated intermediate interpersonal skills.
  • Demonstrated intermediate communication skills.
  • Ability to work independently and as part of a team.
  • Intermediate skill/competency level: demonstrates solid knowledge and ability; can apply the competency with minimal or no guidance, in the full range of typical situations. Requires guidance handling novel or more complex situations.

What is a Must Have?
  • Bachelor's degree in accounting, finance or related field.

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 and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services, life coaching and other resources to support your daily life needs. Through Life Balance, you're eligible for five free counseling sessions with a licensed therapist.
  • 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.

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/ .

Careers at Travelers

When you work at Travelers, life's most important moments become your life's work. That means helping families feel secure, businesses to prosper, knowing that you've made a difference, and feeling like you belong to something bigger. It also means being part of a team comprised of 30,000 + talented and passionate people that are evolving to meet changing needs - from customer service to data science and beyond. If that's more than you imagined in an insurance career, it's time to join us at Travelers.
More Information on Travelers
Travelers operates in the Insurance industry. The company is located in New York, NY and Hartford, CT. Travelers was founded in 2022. It has 35118 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 206 open jobs at Travelers, click here.
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