Sr. Director, Accounting - Business Insurance

Posted 4 Days Ago
Be an Early Applicant
Hartford, CT, USA
In-Office
130K-214K Annually
Senior level
Insurance
The Role
Oversee accounting, financial reporting, budgeting, forecasting, financial analysis, controls, audits, and regulatory compliance across Business Insurance. Lead complex financial initiatives, interpret GAAP, SEC, and statutory accounting requirements, and manage a team of finance and accounting professionals. Provide coaching, strategic guidance, and cross-functional influence while ensuring accurate books, records, reporting, and compliance with Sarbanes-Oxley and company policies.
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 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.

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$129,600.00 - $213,800.00

Target Openings
1

What Is the Opportunity?
Travelers' accounting team serves as the steward of our financial information and controls to ensure compliance with all internal policies and external requirements. The team creates transparency about the health of the company by providing timely, accurate, and actionable information to all stakeholders.
As a Sr Director, Accounting, you have oversight for timely and accurate books and records for reporting to both internal and external parties while maintaining a strong control environment across multiple business areas within Business Insurance. As an influential partner to the business, you will interpret, communicate, and apply financial analyses in a way that resonates with the intended audience. You will also review, approve, and provide direction and leadership for all financial activities including journal entries and account reconciliations. This position will manage a team of finance and accounting professionals.What Will You Do?
  • Leverage business perspectives to oversee robust financial analyses and operational perspectives with a focus on key performance metrics (i.e. production, profitability, expense management, staffing).
  • Oversee the development and creation of overall financial/business plan, budget, and forecasts.
  • Engage and influence across multiple functions within Business Insurance in order to develop strong analyses and financial and strategic plans.
  • Responsible for internal management based financial reporting for complete and consistent results with corporate policies and standards.
  • Review external financial statements which include GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles) with a comprehensive view of the impact they have on the organization.
  • Develop, perform, and certify complex financial controls, in accordance with Sarbanes-Oxley requirements.
  • Oversee documentation to support internal and external audits with internal and external auditors.
  • Ensure compliance with various financial external regulatory requirements and internal accounting policies.
  • Design and lead projects that analyze and implement the most complex business and financial regulatory changes relating to financial reporting, such as mergers and acquisitions, etc.
  • As a manager of people, provide leadership, coaching, training, mentoring, planning, staffing, and performance management and development to employees, in addition to ensuring the understanding of departmental objectives, vision, and strategy.
  • Perform other duties as assigned.
What Will Our Ideal Candidate Have?
  • Bachelor's degree in accounting and/or professional designations, such as CPA, CMA or comparable advanced professional education.
  • Extensive experience with Financial Analysis concepts, principles, processes, applications and accounting practices and principles within the insurance and financial services industry.
  • Excellent communication skills with the ability to present, influence, and negotiate at various levels of the organization and with external partners.
  • Exceptional data analysis skills with the ability to interpret trends and report insights and recommendations to business partners.
  • Advanced leadership skills with the ability to mentor, coach and develop team members, leverage differences, and strategically align resources to accomplish key objectives.
  • Advanced organization skills with the ability to manage multiple priorities simultaneously and follow through to ensure timely completion.
  • Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., TM1, Essbase, Hyperion, etc.).
  • Ability to apply the most complex accounting and financial concepts and controls to financial systems and processes.
  • Deep understanding of Travelers' business strategy and plan objectives to align with enterprise goals.

What is a Must Have?
  • Seven years of finance, accounting, financial planning, 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/.

Skills Required

  • Bachelor's degree in accounting and/or professional designation such as CPA, CMA, or comparable advanced professional education
  • Seven years of finance, accounting, financial planning, or related experience
  • Extensive experience with financial analysis and accounting practices in the insurance and financial services industry
  • Excellent communication skills, including presenting, influencing, and negotiating with organizational and external stakeholders
  • Exceptional data analysis skills with ability to interpret trends and provide insights and recommendations
  • Advanced leadership skills, including mentoring, coaching, team development, and strategic resource alignment
  • Advanced organizational skills and ability to manage multiple priorities
  • Experience using Microsoft Office applications and financial reporting software such as TM1, Essbase, or Hyperion
  • Ability to apply complex accounting and financial concepts and controls to financial systems and processes
  • Deep understanding of Travelers' business strategy and plan objectives

Travelers Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Travelers and has not been reviewed or approved by Travelers.

  • Retirement Support — Feedback suggests total rewards are bolstered by a 401(k) match, a company‑funded pension, and a program that contributes to retirement savings when employees make student‑loan payments. These elements are consistently portrayed as standout strengths of the package.
  • Leave & Time Off Breadth — Feedback suggests time off is generous from the start, with substantial PTO, paid holidays, and the option to purchase additional days. Defined leaves such as short‑term disability and bereavement further enhance perceived flexibility.
  • Healthcare Strength — Feedback suggests medical, dental, and vision coverage is comprehensive, with multiple plan choices, HSAs/FSAs, and robust mental‑health and wellness resources. Day‑one eligibility and added programs like caregiver support and specialty care navigation reinforce depth.

Travelers Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Hartford, CT
35,118 Employees

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.

Similar Jobs

NinjaOne Logo NinjaOne

Enterprise Account Executive

Information Technology • Productivity • Software • Infrastructure as a Service (IaaS)
Remote or Hybrid
6 Locations
2000 Employees
150K-350K Annually

GoodRx Logo GoodRx

HCP Marketing Director

Consumer Web • Coupons • Healthtech • Social Impact • Pharmaceutical
Remote or Hybrid
USA
800 Employees
142K-305K Annually

Babylist Logo Babylist

Staff Engineer

eCommerce • Healthtech • Kids + Family • Retail • Social Media
Easy Apply
Remote or Hybrid
United States
300 Employees
227K-272K Annually

Babylist Logo Babylist

Staff Software Engineer

eCommerce • Healthtech • Kids + Family • Retail • Social Media
Easy Apply
Remote or Hybrid
United States
300 Employees
234K-349K Annually

Similar Companies Hiring

MassMutual India Thumbnail
Big Data • Fintech • Information Technology • Insurance • Financial Services
Hyderabad, Telangana
Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees
Vega Thumbnail
Artificial Intelligence • Automotive • Insurance • Transportation
US
65 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account