Liberty Mutual

Accounting Manager

Liberty Mutual • $90K — $120K *
US-AnywhereRemote in Somerville, MA
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or similar; CPA preferred.
  • Extensive knowledge of accounting practices and compliance procedures.
  • Experience with statutory authorities and compliance requirements.
  • Ability to assess financial implications of business strategies.
  • Demonstrated business partnering skills focused on results.
  • Effective communicator with a knack for simplifying complex information.
  • Knowledgeable in reinsurance concepts and accounting processes.

Responsibilities

  • Manage reinsurance reporting cycles on a monthly, quarterly, and annual basis.
  • Ensure adherence to regulatory reporting and compliance standards.
  • Analyze financial performance against plans and historical data, providing monthly insights.
  • Build and maintain strong partnerships with reinsurance agents and brokers.
  • Recruit, mentor, and manage the accounting team, offering guidance on compensation.
  • Oversee North America reinsurance operations, including various financial reporting tasks.
  • Lead complex accounting projects using technology and team resources.

Benefits

  • Opportunities for professional development and growth.
  • Strong emphasis on teamwork and collaboration across departments.
  • Access to advanced accounting technology and tools.
  • Potential involvement in cross-departmental projects for broader exposure.
  • Supportive work environment that values communication and effective working relationships.
Full Job Description
Description

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.

About Liberty Mutual

Since 1912, Liberty Mutual Insurance have committed theirselves to providing broad, useful and competitively-priced insurance products and services to meet their customers' ever-changing needs. Their delivery on this commitment is the reason they're now the third largest property and casualty insurer in the U.S. based on 2012 direct premium written according to the National Association of Insurance Commissioners.

Liberty Mutual Careers

Join the vibrant team at Liberty Mutual, a leading global insurance company, where your career is in your hands. At Liberty Mutual, we are committed to fostering an inclusive culture that values diversity and innovation. With a variety of job opportunities across multiple fields, this is where your professional journey can truly flourish.

Work You’ll Do

At Liberty Mutual, you’ll be part of a team that’s dedicated to empowering people to live safer, more secure lives. Whether you’re interested in a position in claims handling, underwriting, or customer service, you’ll find a platform here to enhance your skills and push the boundaries of what you can achieve.

Explore Our Job Opportunities

Liberty Mutual offers a range of career paths for both seasoned professionals and those just starting out. Our internship programs provide invaluable hands-on experience, helping to bridge the gap between education and full-time employment. For those seeking to grow their career, we offer positions that challenge and inspire, backed by benefits that support both professional and personal growth.

Innovate with Us

Innovation is at the heart of Liberty Mutual. We encourage our team to bring fresh ideas that drive industry leadership and improve customer experiences. By joining our team, you’ll collaborate with talented professionals who are keen on developing solutions that lead the market.

Develop Your Career

Liberty Mutual is deeply invested in the professional development of its employees. With comprehensive diversity training and leadership programs, we prepare you to take on leadership roles within the company. Networking opportunities within the company can lead to mentorship and further career advancement.

Benefits of Joining Liberty Mutual

Working at Liberty Mutual comes with numerous benefits. From competitive salaries to health and wellness programs, we ensure our team members are well taken care of. More than just a job, a position at Liberty Mutual is a stepping stone to a fulfilling career.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Liberty Mutual. We are actively hiring and looking for individuals who are passionate, curious, and ready to drive change. Enhance your resume, prepare for your interview, and become part of a company that values your unique skills and vision.

Stay Connected

Keep up to date with the latest from Liberty Mutual Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get insights into new postings and career tips directly from our team.

Liberty Mutual: A Place to Grow, Innovate, and Lead

Discover how you can make a difference. Visit our careers page to find the position that’s right for you and join a team that’s committed to growth, leadership, and innovation. At Liberty Mutual, your career is what you make it.
Learn more about Liberty Mutual
Size
45,000 employees
Industry
Finance & Insurance
Founded
1912
* Ladders Estimates

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