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Travelers Director, Distribution Financial Planning & Analysis - Business Insurance Finance in Des Moines, Iowa

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

$92,000.00 - $151,800.00

Target Openings

1

What Is the Opportunity?

Responsible for directing the execution of financial reporting, control and analysis for Business Insurance and Enterprise Distribution. Acting as the financial liaison, this position works directly with both Enterprise Distribution and Finance leadership.

Travelers offers a hybrid work location model that is designed to support flexibility.

Primary Job Duties & Responsibilities

  • Compensation Analysis – Across Business Insurance (BI) coordinate, track and recommend best practices and optimal approach to base, supplemental and program commission schedules to support business objectives.

  • Agent/broker Analysis – Surface relevant trends related to broker performance through the acquisition funnel from submission quality to book performance. Coordinate with BI Business Unit CFO’s to identify opportunities for agent engagement to increase or course correct flow and book performance.

  • Commission Payment Controllership – Implement and maintain controls and quality management practices within Business Insurance to ensure accurate and timely commission payments while responding to an evolving commission landscape incorporating developing structures such as broker panels, etc.

  • Distribution Strategy – Identify and prioritize key capabilities necessary to support Enterprise and BI Distribution, and Business Insurance strategic objectives. Provide delivery oversite and actively participate as distribution SME in the delivery of these capabilities.

  • Distribution/Commission related ad hoc analysis – Actively identify opportunity areas for deeper analysis to inform business outcomes.

  • Synthesize and present exhibits, results, observations, recommendations to business partners and management, including formal presentations.

  • Design, prepare, evaluate and validate more complex internal and/or external financial and operating reports, both routine and ad-hoc, to support tactical business objectives. In addition, review and approve less complex reports and analyses prepared by others.

  • Perform, review and approve analysis and interpretation of trends and variances in business performance, interacting with business partners. Execute identified analyses in light of business objectives.

  • Engage with business partners to support overall strategic plan and incorporate competitor and market intelligence into analysis, including internal cost benefit analysis of investments (where appropriate).

  • Identify, use and/or assign others on the appropriate tools to obtain, compile and analyze complex data necessary to support robust financial reports and analysis, and initiate tool utilization enhancements.

Minimum Qualifications

  • Minimum of 4 years of related experience.

Education, Work Experience, & Knowledge

  • Bachelor's degree in finance, economics, engineering, mathematics or other related field preferred.

  • Typically 6+ years related experience.

  • Thorough knowledge of Financial Analysis concepts, principles, processes and applications.

  • Thorough Knowledge: Possesses advanced knowledge of subject matter in order to solve unusual as well as common work problems.

Job Specific Technical Skills & Competencies

  • General knowledge of the insurance business.

  • Advanced analytic skills.

  • General knowledge of accounting practices and principles.

  • Intermediate to advanced data utilization skills to access and gather data, including a basic understanding of what the data represents.

  • Advanced written and verbal communication skills.

  • Advanced time management/ prioritization skills.

  • Advanced ability to solve problems and suggest solutions.

  • Advanced problem solving and decision making skills.

  • Advanced knowledge of Microsoft Office (e.g. Excel, Word, Outlook).

  • Intermediate influencing of business partners

  • Intermediate business perspective including some understanding of the political nature of the organization.

  • Advanced project management skills.

  • Intermediate ability to think strategically.

  • Ability to identify customers needs and takes appropriate action to meet those needs.

  • Ability to work well in tight timeframes and deadlines.

  • Intermediate ability to present material concisely.

  • Advanced skill/competency level: demonstrates advanced knowledge and ability; can apply the competency in new or complex situations. May guide other professionals.

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.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email (4-ESU@travelers.com) 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/ .

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