Sr. Accountant, Bond & Specialty Claim Operations

Travelers • Hartford, CT

1d • $73,900 - $122,000 • Onsite

About The Position

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.

Requirements

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

Responsibilities

• 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.

Benefits

• 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.

What This Job Offers

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