Director, Accounting Standards jobs in United States
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Travelers · 3 months ago

Director, Accounting Standards

Travelers is a leading property casualty insurer with a strong commitment to innovation and collaboration. As a Director of Accounting Standards, you will ensure compliance with various accounting standards while developing and proposing accounting policies, and preparing financial information for financial statements. This role involves significant interaction with business areas to provide accounting guidance and support.

Auto InsuranceInsuranceProperty Insurance
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Growth Opportunities
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H1B Sponsor Likelynote

Responsibilities

Research accounting guidance related to proposed business transactions and issues raised by business areas of the Company to ensure compliance with US STAT, GAAP, SEC and IFRS accounting standards
Partner with Accounting Policy to review draft conclusions and communicate the accounting guidance to the impacted business area(s)
Assists in the reviews of quarterly and annual external financial statements for compliance with applicable accounting standards, specifically focused on accounting standards for which individual is responsible
Develops and propose accounting policies for newly issued accounting standards and coordinates the implementation with appropriate areas of the company
Monitors developing and emerging current accounting topics/projects of the state insurance departments, NAIC, FASB, SEC, and IASB
Prepares financial information for inclusion in certain footnotes in the financial statements
Calculates or reviews appropriateness of certain financial information for inclusion in the financial statements or footnotes
Evaluate the applicability to and impact on the Company’s businesses of new accounting and reporting standards to understand potential changes in the Company’s processes and/or financial statements
Provides support for certain financial information for inclusion in the financial statements or footnotes
Provides ad hoc reports and/or analysis for various proposed transactions or proposed new accounting standards
Perform other duties as assigned

Qualification

CPAAccounting standardsFinancial statementsAccounting theoryInsurance industry knowledgeAccounting researchWritten communicationOral communication

Required

CPA (Certified Public Accountant) designation required
Minimum 5 years of related work experience
Bachelor's degree in accounting, finance preferred
Typically 8+ years of related work experience
Intermediate knowledge of accounting theory and practice
Demonstrates accounting/finance knowledge and ability; can apply the competency in new or complex situations
Strong written and oral communication skills

Preferred

Insurance industry knowledge preferred; accounting research a plus

Benefits

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.

Company

Travelers

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Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business.

H1B Sponsorship

Travelers has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (75)
2024 (47)
2023 (60)
2022 (42)
2021 (27)
2020 (20)

Funding

Current Stage
Public Company
Total Funding
unknown
2002-03-22IPO

Leadership Team

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Dan Frey
Executive Vice President and Chief Financial Officer
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Beth Maerz
SVP, Customer, Strategy and Innovation
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Company data provided by crunchbase