Director, Financial Analysis, Business Insurance Claim

Travelers • Hartford, CT

1d • $104,000 - $171,700 • Onsite

About The Position

Travelers' financial analysis team translates raw numbers into actionable insights to tell the story of past financial results and forecast possibilities into the future. The team acts as an independent party to collaborate with business partners and enable them to make informed decisions rooted in economic reality. As a Director, Financial Analysis for Business Insurance Claim, you will design, model, and present financial reports and proactively identify trends and impacts on the business to inform decisions. As a collaborative partner to the business, you will help advance team objectives and business outcomes by interpreting, communicating, and applying analyses in a way that resonates with the intended audience. You will also review and approve team member's interpretations of trends in business performance. This position may manage finance professionals.

Requirements

• 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.
• Extensive experience with Financial Analysis concepts, principles, processes, applications and accounting practices and principles, preferably with some exposure to the P&C insurance industry.
• Excellent communication skills with the ability to influence across all levels of management.
• Proven leadership skills with the ability to mentor and develop employees.
• Excellent analytical skills with the ability to evaluate and understand current data and systems, find opportunities, recommend changes, and translate into business impacts.
• Experience leading and managing multiple complex projects 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 quickly gain an understanding of Travelers' business strategy and plan objectives to align with enterprise goals.
• Experience supporting a Business Insurance line of business, with working knowledge of operations metrics such as notice volume, loss trends, expense allocations, and ULAE ratios.
• Demonstrated ability to identify and implement process efficiencies within financial analysis workflows, including leveraging AI-driven tools and emerging technologies, with a focus on continuously evolving analytical capabilities to deliver faster, higher-quality insights that better support business partners in making informed decisions.
• Experience building and maintaining strong partnerships with non-finance stakeholders, such as product and field leadership, with the ability to translate complex financial analysis into business terms that resonate with diverse audiences.
• Five years of finance, financial planning, accounting, or related experience.

Responsibilities

• Synthesize reports generated into impactful exhibits, insightful results/observations, and actionable recommendations to influence business partners and management, ensuring quality control/accuracy.
• Review team members’ reports and provide coaching and feedback on accuracy and presentation.
• Execute identified analyses aligned with broad business objectives.
• Perform testing and validation of data and analyses and identify gaps and limitations in data sets while recommending potential alternatives.
• Prepare and present influential financial insights to senior financial leaders and/or functional teams, answering most questions.
• Direct the creation of complex analyses to influence business strategy.
• Review competitor press releases, SEC filings, and industry trade press for helpful insights, linking key themes together and identifying applicability to departmental strategies.
• Push insights up to management in a timely manner and/or dive deeper into an actionable insight.
• Lead projects that analyze and implement complex business and financial regulatory changes relating to financial reporting, such as reorganizations, mergers and acquisitions, etc.
• Provide coaching, training, and mentoring.
• If a manager of people, effectively oversee and engage direct reports and perform management activities such as performance management, career development, and talent acquisition.
• Perform other duties as assigned.

Benefits

• Health Insurance
• 401(k) matching
• Paying it Forward Savings Program (student loan debt contribution to 401(k))
• Pension Plan
• 20 days Paid Time Off annually
• Nine paid company Holidays
• Wellness Program (tools, discounts, resources, free professional counseling, health coaching)
• Matching Gift and Volunteer Rewards program

What This Job Offers

• Job Type: Full-time
• Career Level: Director