Liberty Mutual Insurance

Lead Accountant, Reinsurance

Liberty Mutual Insurance  •  Boston, MA (Onsite)  •  2 hours ago
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Job Description

As a Lead Accountant in Reinsurance Operations, you will plan and monitor the completion of book close processes and financial reporting in a deadline-driven environment. You will apply your expertise to complex assignments including detailed bordereau and cession statement reporting, audit and attestation support, statutory reporting, and payment processing. You will also lead efforts to continuously improve processes, producing relevant financial reports in the fastest, most efficient way possible.

Responsibilities:

  • Oversee the monthly, quarterly, and annual book close cycles, ensuring timely completion and prompt resolution of issues.
  • Perform the most complex reinsurance accounting activities accurately and efficiently.
  • Oversee the creation of increasingly complex financial statement schedules, audit support schedules, and detailed payment support, and provide detailed review of other team members' schedules.
  • Research and apply reinsurance accounting policy to business issues as they arise.
  • Understand how data flows through the financial systems to the reinsurance accounting function to identify and resolve issues.
  • Assess the business value and efficiency of work performed, leading process improvement initiatives and collaborating with others to implement them.
  • Lead the most complex department projects and continuous improvement activities.
  • Support the development of teammates by sharing expertise through training and reviewing their work.

Qualifications

  • Bachelor’s degree (Accounting or Finance) required.
  • Minimum of 5 years of accounting or finance experience.
  • Must demonstrate attention to detail in a fast-paced work environment and the ability to adapt quickly to changing conditions to achieve results.
  • Communicates well with own team and across organizational boundaries to create alignment and ensure the successful completion of shared goals.
  • Comfortable leading meetings and able to communicate issues and trends to senior management and other groups at the appropriate level of detail.
  • Possesses a solid understanding of accounting principles.

Preferred Qualifications:

  • CPA or advanced degree in Accounting.
  • Reinsurance accounting experience
  • Essbase/SAP experience

About Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefitsLiberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law. Fair Chance Notices

  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco
Liberty Mutual Insurance

About Liberty Mutual Insurance

At Liberty Mutual, we believe progress happens when people feel secure. For more than 110 years we have helped people and businesses embrace today and confidently pursue tomorrow by providing protection for the unexpected and delivering it with care.

A Fortune 100 company with more than 40,000 employees in 28 countries and economies, we are the ninth largest global property and casualty insurer and generate more than $50 billion in annual consolidated revenue.

We operate through three strategic business units: US Retail Markets, providing auto, home, renters and other personal and small commercial lines property and casualty insurance to individuals and small businesses countrywide; Global Risk Solutions, delivering a full range of comprehensive commercial and specialty insurance, reinsurance and surety solutions to mid-size and large businesses worldwide; and Liberty Mutual Investments, deploying more than $100 billion of long-term capital globally across its integrated platform to drive economic growth, power innovation and secure Liberty Mutual’s promises.

For more information, visit www.libertymutualinsurance.com.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Boston, MA
Year Founded
Unknown
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