Accounting Manager

Posted 52 Minutes Ago
Be an Early Applicant
2 Locations
Remote or Hybrid
106K-197K Annually
Senior level
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Join us, and pursue your tomorrow, today.
The Role
Manage reinsurance accounting for North America including reporting, compliance, reconciliations, cash settlements, and complex accounting projects. Supervise, hire, and develop staff; provide technical accounting expertise, present findings to management, and coordinate cross-departmental projects.
Summary Generated by Built In
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

$106,000.00 - 197,000.00

Skills Required

  • Bachelor's degree in Accounting, Finance, Business or equivalent accounting experience
  • CPA
  • Extensive knowledge of accounting practices and procedures
  • Extensive experience dealing with statutory authorities and statutory compliance requirements
  • Ability to assess and communicate financial implications of business plans and actions
  • Ability to communicate analysis in non-technical, concise terms and deliver presentations to management
  • Knowledge of reinsurance concepts and related accounting (bordereaux reporting, cash calls, settlements)

What the Team is Saying

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Liberty Mutual Insurance Compensation & Benefits Highlights

  • Parental & Family Support Paid bonding leave is 8 weeks for all new parents, with birth parents receiving an additional 8 weeks via short-term disability for up to 16 weeks at 100% pay. Family-building support includes up to $40,000 for adoption/surrogacy and fertility benefits up to $50,000 medical and $25,000 pharmacy.
  • Retirement Support A 401(k) program features matching that can include 100% up to 5% per pay period plus an additional 3% annual match, and student-loan payments can be matched like 401(k) contributions. Company filings also indicate defined‑benefit pension coverage for certain U.S. employees, with eligibility varying by group.
  • Wellbeing & Lifestyle Benefits Comprehensive medical, dental, vision, disability, and life insurance are paired with mental-health resources such as an EAP and free therapy sessions, with onsite health centers in Boston and Plano. Tuition support (100% for approved undergraduate coursework; up to $6,000/year for graduate) further supports overall well-being and development.

Liberty Mutual Insurance Insights

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The Company
HQ: Boston, MA
40,000 Employees
Year Founded: 1912

What We Do

Liberty Mutual Insurance exists to help people embrace today and confidently pursue tomorrow. A Fortune 100 company and global leader in property and casualty insurance, we’ve spent over a century creating innovative products, services and technologies to meet the world’s ever-changing needs and make a difference for our customers and communities.

Why Work With Us

We offer the agility, work flexibility, project ownership and access to emerging tech you’d expect from a start-up — combined with the stability, resources and benefits that come from working at a leading Fortune 100 company. All in a welcoming, inclusive environment that values the unique insights, perspectives and backgrounds of each person.

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Liberty Mutual Insurance Teams

Team
Digital & Technology
About our Teams

Liberty Mutual Insurance Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
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HQBoston, MA
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Indianapolis, IN
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Plano, TX
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Portsmouth, NH
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Seattle, WA
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