Travelers Hiring for Manager, Financial Specialist – Fraud Detection and Analysis at Phoenix, Arizona Full Time

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

Target Openings

1

What Is the Opportunity?

Under General Supervision, responsible for supporting the design, development and continuous improvement of Claim Finance’s efforts to deter, detect and prevent fraudulent activity. Responsible for reviewing reports of unusual trends or potentially fraudulent payment activity, while also responsible for the strategic refinement and improvement of the analytics and reporting. Responsible for supporting the completion of internal control processes as assigned and evaluating opportunities to improve efficiency and effectiveness. The role will also be responsible for general accounting and finance tasks, project management and supporting Claim Finance’s business partners.

Position does not manage others, but may serve as a team lead. Team Lead: Directs daily work activities of a small group of employees. Works with higher level manager to set goals/objectives and provides input regarding performance of employees being led.

Primary Job Duties & Responsibilities

• Assist in the design, preparation, evaluation and validation of complex internal financial and operational reports, both routine and ad-hoc.

• Perform and review analysis and interpretation of trends and unusual activity, interacting with cross functional peers on a frequent basis to validate analyses.

• Apply basic accounting and financial concepts and controls to provide subject matter expertise in the development, implementation or enhancement of financial, operations and business applications.

• Identify, use and train others on appropriate tools and workflows to deter fraudulent activity and enhance the control environment.

• Accountable for tactical production of overall strategic plan and the Fraud Prevention & Detection Framework

• Prepare and review external financial statements including, but not limited to GAAP (Generally Accepted Accounting Principles), SEC and STAT (Statutory Accounting Principles).

• Review and approve complex financial activities for various lines of business including journal entries and account reconciliations.

• Perform and review financial controls in accordance with Sarbanes-Oxley requirements.

• Support supplier management by providing input to manager in assessing risk, reviewing contracts, and monitoring results.

• Other duties as assigned.

Minimum Qualifications

• Minimum of 3 years of related experience.

Education, Work Experience, & Knowledge

• Bachelor’s degree in finance or accounting preferred.

• Typically 4+ years of related experience.

• General knowledge of Financial Analysis concepts, principles and processes.

Job Specific Technical Skills & Competencies

• General knowledge of the insurance business.

• Intermediate analytic skills.

• General knowledge of accounting practices and principles.

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

• Intermediate written and verbal communication skills.

• Intermediate time management/ prioritization skills.

• Intermediate ability to solve problems and suggest solutions.

• Intermediate decision making skills

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

• Intermediate influencing of cross functional peers.

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

• Intermediate project management skills.

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

• Ability to work well in tight timeframes and deadlines.

• Intermediate ability to present material concisely.

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 ([email protected]) 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/ .