What are the responsibilities and job description for the Supervising Accountant position at Liberty Mutual Insurance?
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.
Description
This is a hybrid opportunity. Compensation will be determined based on candidate’s geographic location, overall experience, and skill level.
As part of the Close and Consolidation Accounting Team, you will be responsible for the performance and supervision of month end close processes and providing insightful analysis in a deadline focused environment. The individual will need to be able to lead in a team oriented environment to gather information and resolve issues as they arise. Uses increasing business acumen and analytical expertise to perform ad hoc financial analysis and effectively communicate accounting issues to our business partners. Such candidate should possess strong operational, technical, analytical, and problem-solving skills as well as exemplify a proven track record of managing financial operations and systems integrations.
Responsibilities:
- Strong skill set and emphasis around insurance operational accounting functions as it relates to technical results such as but not limited to accounting for losses, loss reserves, premium, unearned premium, commissions, premium taxes, etc.
- Strong project management emphasis around financial system and ledger integrations as well as subsystem to ledger maintenance.
- Statutory Accounting, Line of Business (LOB), and State reporting, providing guidance to corporate finance on insurance operations, statutory results, identifying and remediating Statutory based reporting issues.
- Supervises functions of maintaining the general ledger, ensuring financial controls are working as designed, documenting key processes and actively involved in GAAP and Statutory accounting and reporting.
- Creates complex management reports and associated analyses that explain financial results as well as investigates discrepancies and trends to identify business drivers of results.
- Reviews analysis and reports developed by other teammates. Continually assesses the business value and efficiency of the work performed, making suggestions for improvements and collaborating with others in implementing them.
- Leads efforts to continuously improve processes to increase the speed, accuracy and effectiveness of financial analysis.
- Supervises or leads increasingly complex department projects and continuous improvement activities.
- Fosters the development of teammates by sharing expertise and experience through collaboration and training.
- Bachelor's degree in Accounting, Finance, Business (or equivalent accounting experience)
- 5 years of related experience; insurance accounting experience preferred
- Broad knowledge of technical accounting practices and procedures
- Understanding of statutory accounting fundamentals and related financial statements preferred
- CPA preferred
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.
Salary : $92,000 - $116,000