Director, Forensic Accounting - Claim

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.

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

$117,200.00 - $193,400.00

Target Openings

1

What Is the Opportunity?

Travelers' Claim organization is at the heart of our business by providing peace of mind to our business customers during life's rainy days. Our Forensic Accounting Team within Claim, uses specialized knowledge and investigative skills to collect, analyze, and evaluate evidential matter and to interpret and communicate the findings in a courtroom, boardroom, or other legal or administrative venue.

As the Director, Forensic Accounting, Claim, you will lead a team of professional accountants to quantify the financial aspects of customer claims to ensure current, accurate, and complete information. You will leverage your accounting background and leadership ability to oversee a group of highly skilled Forensic Accountants, which may include Forensic Accountant catastrophe response, and administrative team members. This position will require travel. Active CPA license required.

What Will You Do?

• Support and drive Forensic Accounting Team strategic objectives across multiple business lines.
• Analyze, review, reconstruct as needed, and approve insured accounting records and financial statements for property insurance claims typically involving losses up to $5 Million .
• Counsels Property, Auto and Liability insurance claim professionals on complex/unique issues primarily involving time element and fidelity insurance claims.
• Prepare and perform skills training for Forensic Accounting Team as well as Claim professionals, Underwriters and Account Executives.
• Perform and review financial controls in accordance with Sarbanes-Oxley requirements.
• Develop and validate complex financial analyses for key performance metrics (production, profitability, expense management, and staffing).
• Manage and evaluate internal and external accountant resources and audits, catastrophe losses, and communication efforts.
• Responsible for managing the day-to-day activities of direct reports, as well as performance management and development.
• Lead catastrophe response by providing accounting resource coordination, such as calculation service, expert review, training, and orientation.
• Maintain an active Certified Public Accountant (CPA) designation.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Certified Fraud Examiner and/or Certified Forensics Financial Analyst designations.
• Demonstrated knowledge of financial analysis concepts, principles, processes, and applications with general knowledge of the property and casualty insurance business.
• Extensive knowledge of Government Financial and tax regulations, with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). Knowledge of Corporate reporting structures and general understanding accounting functions, department responsibilities. Extensive knowledge of various business entity and industry types and operations.
• Expert analytic skills with the ability to access and gather data, understand what the data represents, and report on findings.
• Expert knowledge of complex accounting practices and principles with the ability to see the story numbers may tell and/or uncover what those numbers are trying to hide.
• Advanced communication skills with the ability to present material concisely and clearly to varying audiences, including the ability to testify based on facts in a court or boardroom for litigation matters. Effectively influence business partners.
• Demonstrated ability to manage multiple priorities and people simultaneously.
• Excellent problem-solving skills with the ability to think strategically and make sound decisions with many competing factors involved.

What is a Must Have?

• Bachelor’s Degree.
• Five years of Forensic Accounting experience.
• Three years acting as a team lead and/or management experience.
• Active and valid CPA license.
• Frequently travels to and meets in person with claim professionals and business customers.
• Proficiency in Microsoft Office (e.g., Excel, Word, PowerPoint).

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 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.

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/.