Accounting Manager

Liberty Mutual Holding Company Inc

Boston, MA

JOB DETAILS
SKILLS
Accounting, Analysis Skills, Brokerage, Business Plan, Business Skills, Certified Public Accountant (CPA), Coaching, Communication Skills, Compensation and Benefits, Establish Priorities, Finance, Financial Analysis, Financial Planning, Financial Statements, Insurance, Presentation/Verbal Skills, Project/Program Management, Reconciliation, Regulatory Compliance, Regulatory Reports, Regulatory Requirements, Reinsurance, Technical Accounting, Technical Presentation, Time Management
LOCATION
Boston, MA
POSTED
5 days ago

Description

When you enter a finance and accounting position at Liberty Mutual Insurance, you will find the same dynamic environment and challenges as within other organizations. Yet you will find something more: an opportunity to apply your analytic and technical skills to a company renowned for its integrity and focus on developing its employees'' careers.

As an Accounting Manager, you will coordinate and manage the accounting function, ensuring the accuracy and maintenance of the ledger accounts and resultant financial statements. Your responsibilities will also include complex accounting projects.

Responsibilities:

  • Manage internal and external monthly, quarterly and year-end reinsurance reporting.
  • Ensure that all regulatory reporting requirements and compliance activities are satisfied.
  • Analyze actual financial results against plan and prior periods by providing commentary on a monthly basis.
  • Develop strong relationships with key reinsurance partners and brokers to support placement renewals and post placement activity.
  • Hire, develop, coach and make compensation recommendations for assigned staff.
  • Manage the reinsurance book for the North America operations to include bordereaux reporting, cash calls, cash settlements, account reconciliations, manual bookings and planning.
  • Effectively establish and communicate departmental objectives to staff and ensure they are delivered on and adherence to accounting controls and deadlines.
  • Utilize all resources (technology, staff, other departments, etc.) in order to conduct complex accounting projects.
  • Participate in broad projects by providing technical accounting expertise to a larger group.
  • Research the most complex accounting issues.
  • Prepare and deliver formal presentations to management to summarize findings.
  • Manage projects across departments.
  • Establish timetables and sets priorities.
  • Establish and maintain effective communication across departments to ensure accurate and timely completion.

Qualifications

  • Bachelor''s degree in Accounting, Finance, Business or equivalent accounting experience, CPA preferred.
  • Extensive knowledge of accounting practices and procedures.
  • Extensive experience dealing with statutory authorities and expertise on statutory matters and compliance requirements.
  • Ability to assess and communicate financial implications of business plans and actions.
  • Ability to display profit orientation and business results focus. Demonstrates business partnering ability and focus on business results.
  • Ability to communicate in non-technical terms and present analysis in an understandable and concise manner.
  • Knowledge of reinsurance concepts and related accounting.

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/benefits

Liberty 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

About the Company

L

Liberty Mutual Holding Company Inc

At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.


In business since 1912, and headquartered in Boston, today we are the eighth largest global property and casualty insurer based on 2023 gross written premium. We also rank 87th on the Fortune 100 list of largest corporations in the US based on 2023 revenue. As of December 31, 2023, we had $49.4 billion in annual consolidated revenue.


We employ over 40,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.

COMPANY SIZE
10,000 employees or more
INDUSTRY
Insurance
WEBSITE
https://www.libertymutualgroup.com/about-lm/corporate-information/our-business