Address
Form of work
SalaryWho 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
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
$70,100.00 - $115,600.00 Target Openings
What Is the Opportunity?
What Will You Do?
- Review and interpret Reinsurance documents to be established and populated into the contract system.
- Calculate, analyze, and record proper ceded financial results within company guidelines.
- Monitor premium payables to ensure timely payments are being made.
- Assist internal Finance partners to ensure proper reporting of the ceded premium financials.
- Prepare, evaluate, and complete reconciliations relating to assigned ceded premium (bookings, payables and accruals).
- Develop and review materials to participate in various Reinsurer activities such as commutations, insolvencies, audits, etc.
- Provide technical expertise as appropriate and make recommendations on possible solutions to moderate problems.
- Make recommendations on system, procedure and/or workflow enhancements to improve the effectiveness and efficiency of operation.
- Other duties as assigned
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- Bachelor’s Degree in accounting, finance, or a related field.
- Working knowledge of insurance business or reinsurance.
- Working knowledge of accounting theory and practice.
- Working towards professional designation (MBA, CPA, ARe, CPCU).
- Manage multiple projects simultaneously and follow through to ensure timely completion.
- Excellent communication skills with the ability to consult on projects and present information effectively.
- Excellent relationships building skills with the ability to work both independently and collaboratively with business partners.
- Strong data analysis skills with the ability to interpret trends and provide insights and recommendations to business partners.
- Ability to think strategically and use judgement to resolve issues as they arise.
What is a Must Have?
- Three years of related work experience.
- Proficient knowledge of Microsoft PowerPoint and Excel.
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 believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve. We are committed to recruiting, retaining and developing the diverse talent of all of our employees and fostering an inclusive workplace, where we celebrate differences, promote belonging, and work together to deliver extraordinary results.
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/
.
