AVP, Accounting - Investment Operations and Finance

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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 $146,400.00 - $241,600.00 Target Openings 1 What Is the Opportunity? Travelers' investment operations and accounting team serves as the steward of our investment portfolio 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 an AVP, Accounting -Investment Operations and Finance , you are responsible for oversight and leadership for all financial and accounting activities across our fixed income investment portfolio area. You will lead a team working to advance organizational objectives aligned with enterprise goals and ensure more informed strategic decisions. Leveraging your relationship building skills, you will build strong internal and external networks. You are an influential leader that can articulate how financial content can influence business strategy. What Will You Do? Focusing on fixed income investments, leverage business perspectives to lead robust financial analyses and operational perspectives with a focus on key performance metrics (i.e. production, profitability, expense management, staffing). Lead the development and creation of overall financial/business plan, budget, and forecasts. Partner with and influence across multiple functions in order to develop strong analyses and financial and strategic plans. Oversees internal management based financial reporting for complete and consistent results with corporate policies and standards. Oversee creation, accuracy and completeness of external financial statements which may include GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles) with a comprehensive view of the impact they have on fixed income investments and the organization Develop, maintain, and certify complex financial controls in accordance with Sarbanes-Oxley requirements. Establish policy and oversee documentation to support internal and external audits while building and managing relationships with internal and external auditors. Oversee and ensure compliance with various financial external regulatory requirements and internal accounting policies. Oversee implementation of business and financial regulatory changes related to financial reporting, such as reorganizations, mergers and acquisitions, etc. Provide coaching, training, and mentoring. If a manager of people, provide leadership, coaching, training, 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 finance, accounting, economics, and/or professional designations, such as CPA, CMA or comparable advanced professional education. Significant investment operations and related accounting experience for a broad range of fixed income asset classes including (Municipal, mortgage, structured, corporate and short-term investments). Extensive experience with Financial Analysis concepts, principles, processes, applications and accounting practices and principles within the insurance and financial services industry. Exceptional communication, collaboration, and influencing skills with the ability to present and influence complex information to senior leadership and functional partners in relevant business terms. Exceptional data analysis skills with the ability to interpret trends and report insights and recommendations to business partners. A proven track record as a leader who is well-respected and highly organized, with the ability to mentor, coach, and develop team members and strategically align resources to accomplish key objectives. Demonstrated experience in developing and planning effective strategies, with the ability to lead a team to implement those strategies. Experience using Microsoft Off