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Lead Financial Accountant, Reinsurance (remote) - Military Veterans

at Liberty Mutual Insurance Group

Pay Philosophy

The typical starting salary range ($94,600-$118,000) 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.


Description

When you enter 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 a Lead Accountant, you will conduct and oversee complex assignments involving the reporting of various reinsurance results (by segment, by business unit, by program type, among others). You will develop financial statements, as well as ad-hoc reports, and you will ensure the reinsurance results produced and reported provide financial transparency and analytical insight to stakeholders and both internal and external customers.

 

Responsibilities:


  • Prepare complex financial reports utilizing a broad knowledge of accounting policies and procedures.

  • Research and resolve complex reconciling issues and discrepancies

  • Research complex accounting treatment and policies by utilizing available technology and other resources.

  • Oversee different functions of the monthly, quarterly, and annual book close cycles, monitoring timely completion and escalating issues for resolution.

  • Accurately and efficiently performs reporting & accounting activities of increasing complexity.

  • Provide financial transparency and support to internal and external groups

  • Suggest process improvement initiatives and provide solutions to enhance current processes.

  • Prepare analysis and be prepared to provide explanations for unusual and/or inconsistent trends. 

  • Creates increasingly complex financial statement and footnote schedules/disclosures, audit support schedules and other reports in a timely manner. Perform detailed review of other team members schedules.

  • Establishes, documents, and performs internal control procedures to ensure accurate and timely financial reporting.

  • Creates standard work for more complex processes to improve accuracy and timeliness.

  • Innovates and leads team projects collaboratively to achieve the successful completion of deliverables.

  • Understands and researches how data flows through the financial systems and into the reporting and FP&A functions in order to identify issues and take action to address them.

  • Leads or actively participates in increasingly complex department projects and continuous improvement activities.

  • Fosters the development of teammates by sharing expertise and experience through training or reviewing their work.

  • Review financial reports for accuracy and ensure timely preparation.

Qualifications

  • Bachelor’s degree (Accounting or Finance) required. CPA or advanced degree in Accounting preferred.

  • 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.

  • Excel proficiency required 

About Us

This position may have in-office requirements depending on candidate location.

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

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://LMI.co/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

  • San Francisco

  • Los Angeles

  • Philadelphia

OR

Liberty Mutual Insurance Group

At Liberty Mutual, we're proud to support these military service members and veterans who protect our communities, as well as their families. And we recognize the unique abilities this highly regarded group of individuals brings to our organization. More than 400,000 service members enter the civilian workforce each year, and we celebrate all they have to offer with benefits and programs that help them build fulfilling careers. That's why we have been consistently named a top workplace for veterans and military personnel year over year. Our benefits range from 30 days of paid military leave for our Guard and Reserve members to our military specific Employee Resource Group, Valor, which has over 3,000 members and offers 1-to-1 mentorship, and more.

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 and businesses embrace today and confidently pursue tomorrow.

In business since 1912, and headquartered in Boston, today we are the sixth largest global property and casualty insurer based on 2020 gross written premium. We also rank 78 on the Fortune 100 list of largest corporations in the US based on 2021 revenue. As of December 31, 2021, we had $48.2 billion in annual consolidated revenue.

We employ over 45,000 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.

For more information, visit www.libertymutualinsurance.com.

Belief

  • We believe progress happens when people feel secure.
  • Our belief represents the driving convictions we have about people and the world.

Purpose

  • We exist to help people embrace today and confidently pursue tomorrow.
  • Our purpose serves as the organizational North Star that defines and guides everything we do.

Promise

  • We promise protection for the unexpected, delivered with care.
  • Our promise describes what we do and how we do it differently.

Benefits

Passion has its benefits. At Liberty Mutual, we value your hard work, integrity and commitment to make things better. And it is our privilege to offer you benefits that support your life and well-being.

  • Health
  • Health Savings Account (HSA)
  • DentalVisionDisability Insurance (both short- and long-term)
  • Life Insurance (for you and your family)
  • Accidental Death and Dismemberment Insurance
  • Dependent Care Flexible Spending Account
  • Employee Assistance Plan (EAP), including dependent care resources
  • Retirement Benefit (pension) Plan
  • 401(k) Savings Plan with Company Match
  • Other valuable benefits
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