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Sr Investment Accountant

Saint Paul, Minnesota

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

$71,900.00 - $118,700.00

Target Openings


What Is the Opportunity?

Travelers' accounting team serves as the steward of our 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 a Sr Investment Accountant, you will be responsible for timely and accurate books and records for reporting to both internal and external parties while maintaining a strong control environment. Leveraging your investment accounting background, you will conduct financial activities such as preparing, evaluating, and completing financial activities including cash exception activity, journal entries, custody and account reconciliations and GAAP and Statutory Reports.

What Will You Do?

  • Account for Fixed Income Investments including resolution of exception between Investment System and Bank Activity, prepare related journal entries as well as month and quarter end entries.
  • Reconcile Investment activity between investment accounting system and general ledger.
  • Prepare monthly custodian reconciliations.
  • Prepare quarterly and annual Statutory report filings and notes related to Fixed Income Investments.
  • Prepare external financial statements which may include GAAP (Generally Accepted Accounting Principles), SEC, and STAT (Statutory Accounting Principles).
  • Compile, review, and analyze financial data for variance analysis, reporting, and accuracy.
  • Support the development of complex financial analyses by providing data and developing financial analyses for key performance metrics.
  • Prepare and complete a review of assigned components for internal management based financial reporting, both routine and ad hoc, for complete and consistent results with corporate policies and standards.
  • Perform financial controls in accordance with Sarbanes-Oxley requirements.
  • Prepare and review documentation to support internal and external audits.
  • Provide coaching, training, and mentoring.
  • Perform other duties as assigned.

What Will Our Ideal Candidate Have?

  • Bachelor's degree in finance, accounting, and/or professional designations, such as CPA, CMA or comparable advanced professional education.
  • Experience with GAAP and STAT accounting theory and practice.
  • Excellent written and verbal communication skills with the ability to collaborate effectively with business partners.
  • Ability to analyze data to interpret trends and provide insights to management.
  • Strong organizational and time management skills with the ability to handle shifting priorities.
  • Ability to foresee challenges and proactively look for ways to create more efficient processes for the business.
  • Experience using Microsoft Office (e.g., Excel, Word, Outlook, PowerPoint) and Financial Reporting Software (e.g., Investment Accounting Systems, Bloomberg, Foxit PDF Editor, Adobe Pro, Hyperion, etc.).

What is a Must Have?

  • Two years of finance, accounting, financial planning, or related experience.

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

About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $25 billion in 2010.