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Mgr, Financial Analysis

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.

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

$87,400.00 - $144,400.00

Target Openings

1

What Is the Opportunity?

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 Manager, Financial Analysis, you will prepare, evaluate, validate, and present financial reports to assigned business area(s), conduct analyses to identify trends and outliers, and begin to provide insights and solutions to management. Fostering key relationships, you will bring your understanding of business context to act as a liaison to translate financial results and clearly communicating the impact. You will connect with others and take action to achieve customer's needs. This position may manage finance professionals.

What Will You Do?

  • Prepare, evaluate, and validate financial and operational reports focusing on improving the process of completing these tasks and the effectiveness of the content delivered while ensuring accuracy.
  • Perform and review analysis and interpret trends and variances in business performance, interacting with cross functional peers on a frequent basis.
  • Perform testing and validation of data and analyses having a general understanding of data limitations and gaps.
  • Synthesize and present exhibits, results, observations, and recommendations to direct manager, team members and/or cross functional peers with the ability to answer some questions.
  • Begin to manage the creation of complex analyses to support 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.
  • 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.
  • 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.

What Will Our Ideal Candidate Have?

  • 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.
  • Experience with Financial Analysis concepts, principles and processes and accounting practices and principles.
  • 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.).

What is a Must Have?

  • Three years of finance, financial planning, accounting, 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/.

Average salary estimate

$115900 / YEARLY (est.)
min
max
$87400K
$144400K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Mgr, Financial Analysis, Travelers

At Travelers in Hartford, CT, we are looking for a passionate Mgr, Financial Analysis to join our vibrant financial analysis team. Our mission is to provide exceptional service to our customers and communities, and we’ve been proudly doing so for over 160 years. As a Manager in this pivotal role, you will be the bridge between raw data and actionable insights, helping to inform decision-making processes across various business units. Your day will be filled with preparing, evaluating, and validating financial reports, engaging with cross-functional teams, and analyzing trends to unravel the story behind our numbers. You'll not only ensure that our financial practices are accurate and effective but also start to manage complex analyses that aid in shaping our business strategies. Coaching and mentoring finance professionals will be part of your responsibilities too, fostering growth within your team. We value innovation, collaboration, and strategic thinking, and we're committed to helping you thrive professionally. Join us and immerse yourself in a culture that celebrates teamwork and continuous improvement. Your role as Mgr, Financial Analysis will not only advance your career but also significantly contribute to the success of Travelers and the communities we serve!

Frequently Asked Questions (FAQs) for Mgr, Financial Analysis Role at Travelers
What are the main responsibilities of the Mgr, Financial Analysis role at Travelers?

The Mgr, Financial Analysis at Travelers is responsible for preparing, evaluating, and validating financial reports, conducting analyses to identify trends, and providing key financial insights. This role includes acting as a liaison to communicate financial results effectively and ensuring that analyses help in strategic decision-making.

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What qualifications are required for the Mgr, Financial Analysis position at Travelers?

Candidates for the Mgr, Financial Analysis position at Travelers should possess a Bachelor's degree in Finance, Accounting, or Economics. Additionally, professional designations like CPA or CMA are beneficial. A minimum of three years in finance or related fields, along with strong data analysis and communication skills, are essential for success in this role.

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How does Travelers support career development for the Mgr, Financial Analysis position?

Travelers is committed to employee growth and offers various opportunities for career development. As a Mgr, Financial Analysis, you will have the chance to provide coaching and mentoring to your team. Additionally, our comprehensive benefits program includes resources aimed at helping employees achieve their professional goals.

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What can I expect in terms of compensation as a Mgr, Financial Analysis at Travelers?

As a Mgr, Financial Analysis at Travelers, you can expect an annual salary range between $87,400.00 and $144,400.00. Compensation may vary based on factors such as location, experience, and skills. Moreover, we offer performance-based cash incentive awards as part of our overall compensation package.

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What types of projects will the Mgr, Financial Analysis be involved in at Travelers?

The Mgr, Financial Analysis at Travelers will participate in a variety of complex projects related to financial analysis and regulatory changes. This includes mergers and acquisitions, as well as synthesizing competitive insights to inform departmental strategies. Engaging with cross-functional peers ensures that your work supports the overall business objectives.

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Common Interview Questions for Mgr, Financial Analysis
Can you describe your experience with financial reporting and analysis?

To answer this question effectively, highlight your specific experiences related to financial reporting and how you've handled analysis in previous roles. Discuss your familiarity with generating reports and how you've drawn insights to influence business decisions.

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How do you handle tight deadlines in a financial analysis role?

Illustrate your time management and prioritization skills by sharing a relevant experience where you successfully met a tight deadline. Emphasize your ability to communicate with your team and stakeholders to ensure that expectations are aligned and tasks are completed on time.

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What analytical tools and software are you proficient in?

Be ready to discuss the financial reporting and analysis tools you are familiar with, such as TM1, Essbase, Hyperion, and advanced Excel skills. Provide specific examples of how you have utilized these tools to enhance your analyses.

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Can you explain a time when you had to present financial data to non-financial stakeholders?

Prepare a concise example detailing how you simplified complex financial data for a non-financial audience. Discuss the strategies you used to ensure understanding and the impact your presentation had on decision-making.

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What methods do you use to identify trends in financial data?

Explain your approach to analyzing data, including specific techniques such as variance analysis, ratio analysis, or trend analysis. Offer insights into how your methods have successfully guided past business decisions.

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How have you contributed to a team environment in the finance sector?

Discuss your collaborative experiences in finance, focusing on how you’ve supported team members or cross-departmental collaborations. Highlight instances where your contributions led to improved team performance or project success.

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What is your approach to coaching and mentoring team members in finance?

Illustrate your coaching philosophy by sharing strategies you’ve implemented in the past. Discuss how you assess team members' strengths and areas for enhancement, and how you tailor your mentoring approach to support their development.

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How do you stay updated with industry trends affecting financial analysis?

Demonstrate your commitment to continuous learning by discussing resources you utilize, such as finance journals, industry publications, or networking. Mention any seminars or workshops that you’ve attended to enhance your knowledge.

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Can you provide an example of a financial decision you influenced?

Share a specific instance where your analysis and insights led to a significant business decision. Discuss the impact your input had on the organization's financial health or strategic direction, underlining your role in facilitating that decision.

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What is your experience with regulatory compliance in financial analysis?

Discuss your familiarity with financial regulations and how you've ensured compliance in your analysis and reporting. Provide examples of how you’ve managed regulatory changes or audits in previous roles to show your readiness for potential industry challenges.

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MATCH
VIEW MATCH
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
HQ LOCATION
No info
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 30, 2025

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