Senior Accountant, Commercial Markets Job in Boston 02108, Massachusetts US
Senior Accountant, Commercial Markets
Liberty Mutual Insurance
“Helping people live safer, more secure lives” since 1912, Boston-based Liberty Mutual Insurance is a diversified global insurer and third largest property and casualty insurer in the U.S. based on A.M. Best Company’s report of 2010 net written premium. Liberty Mutual also ranks 82nd on the Fortune 100 list of largest corporations in the U.S. based on 2010 revenue. As of December 31, 2010, Liberty Mutual had $112.4 billion in consolidated assets, $95.4 billion in consolidated liabilities, and $33.2 billion in annual consolidated revenue.
Liberty Mutual Insurance offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety.
Liberty Mutual Insurance (www.libertymutual.com) employs over 45,000 people in more than 900 offices throughout the world.
Advance your career at Liberty Mutual - A Fortune 100 Company!
Commercial Markets is actively searching for a Senior Accountant to join the Reinsurance team. This position independently participates in the development, processing and/or critical analysis of financial reporting in accordance with accounting principles as well as performs financial analysis utilizing intermediate technical accounting knowledge, provides guidance and/or solutions on accounting issues, and oversees maintenance and controls of financial systems and continuously improves operational processes. Additionally, the Senior Accountant independently provides accounting and finance services in support of internal and external customers, researches exceptions/variances and identifies and works to help resolve issues as they arise, provides technical expertise to internal business units, markets, and external customers and will present findings/recommendations to Management.
Responsibilities:
- Independently prepares increasingly complex standard and ad hoc reports (monthly, quarterly and annual book close; which includes account reconciliations, control checks, manual journal entries, preparation of financial statements) utilizing a broad knowledge of accounting principles; presents findings/recommendations to Management
- Independently supports moderately complex accounting and financial analysis
- Prepares reports efficiently and effectively, utilizing technical accounting knowledge and effective data management skills
- Ensures appropriate use of historical information and current trends
- Identifies, recommends and executes resolutions to issues as they arise
- Responsible for following enterprise risk management and compliance procedures
- Follows risk management and quality compliance processes to include quality control compliance (i.e. OFAC, attestation)
- Follows safeguards to protect company assets and ensure compliance with Corporate and Company procedures
- Leads projects of low to moderate scope and complexity; communicates project opportunities and constraints to Supervisor while monitoring project status
- May also actively participate in cross-functional projects of moderate to complex scope
- Identifies, develops, and maintains efficient, cost effective, processes, controls and data management; understands how departments interact
- May review work, serve as a technical resource, provide training, and/or provide guidance to junior staff (Interns/Co-ops, Associate Accountants, Accountants and/or FIFAs)
Qualifications:
- Bachelor's degree (Finance or Accounting preferred) or equivalent experience
- A minimum of 3 years of financial-related experience is preferred
- Solid understanding of financial analysis knowledge/skills is required
- Demonstrated written and verbal communication skills and decision-making abilities
- Ability to work with management and key stakeholders in SBU/Corporate Departments
Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
- 401K and Company paid pension plan
- Medical coverage
- Dental coverage
- Paid time-off
- Pay-for-Performance
- Discounts on automobile and homeowner's insurance
- Discount fitness memberships
- Flexible spending accounts
- Tuition reimbursement
- Vision care coverage
- Work/Life resources
- Credit Union membership
- Employee and Dependent life insurance
- Disability insurance
- Long-term care insurance
Overview:
We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way.
We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.
We believe our employees take pride in knowing that they help people live safer more secure lives every day.
