Sr._Accountant_Reinsurance_JD.pdf


 Advance your career at Liberty Mutual - A Fortune 100 Company!

Location: Boston, MA

 

When you enter into an Accounting position at Liberty Mutual you will find the same dynamic environment and challenges as within other organizations; yet, you will find something more: an opportunity to apply your analytical and technical skills to a company renowned for its integrity and focus on developing its employees' careers.

 

In addition to the following responsibilities, as a Senior Accountant in our Boston, MA headquarters, you will conduct complex assignments involving maintaining ledger accounts and developing financial statements and reports.

 

Responsibilities

 

  • Account for and report on all aspects of ceded reinsurance collections.
  • Actively collect ceded balances due from reinsurers by calculating and issuing bills.
  • Weekly cash flow reporting and monthly cash flow reconciliation.
  • Prepare complex financial reports utilizing a broad knowledge of accounting policies and procedures.
  • Prepare and/or input general ledger entries by utilizing set procedures and various accounting systems.
  • Research and resolve complex reconciling issues and discrepancies; take corrective measures as needed. 
  • Provide excellent customer service to internal and external customers.
  • Prepare monthly MD&A reports related to ceded reinsurance programs timely and accurately. 
  • Prepare trend and fluctuation analysis and provide explanations for unusual and/or inconsistent trends. 
  • Suggest process improvement initiatives and provide solutions to enhance current processes.
  • Assist with the month-end and year-end close process.

 

Qualifications:

 

  • Bachelor's degree in Accounting, Finance, Business or equivalent required
  • 2 - 3 years of P&C Accounting experience required, with Reinsurance Accounting experience preferred
  • Superior attention to detail and high degree of accuracy
  • Strong technical skills - MS Office including Excel and Access
  • Excellent verbal and written communication skills
  • Strong analytical skills related to general ledger accounts and complex reconciliation projects
  • Broad knowledge of accounting practices and procedures
  • Understanding of statutory accounting practices and related financial statements
  • Actively pursues new ideas, thinks beyond current constraints, and creates new alternatives
  • Desire to learn, seek new projects, and work in a dynamic environment
  • Able to work overtime as needed

 

To apply, click here.

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