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Senior Reinsurance Accountant

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.

Description

Independently plans and monitors the completion of bookclose processes and financial reports in a deadline focused environment, while ensuring that issues are escalated as needed. Uses increasing expertise to process detailed information with high levels of accuracy and to research and apply accounting policy. Communicates effectively with other units and management to plan work, gather information, and present results. Leads efforts to continuously improve processes to produce relevant financial reports in the fastest, most efficient means possible.

 

Responsibilities

  • Oversees the functions of monthly, quarterly, and annual book close cycles, ensuring timely completion and escalating issues for resolution.
  • Accurately and efficiently performs accounting activities of increasing complexity.
  • Prepares increasingly complex financial statement schedules, audit support schedules, and other reports promptly.
  • May conduct detailed reviews of schedules prepared by other team members.
  • Researches and applies accounting policies to address emerging business issues.
  • Establishes, documents, and executes internal control procedures to guarantee accurate and timely financial reporting.
  • Understands the flow of data through financial systems into the accounting function to identify and resolve issues.
  • Continuously evaluates the business value and efficiency of work performed, proposes improvements, and collaborates with others to implement them.
  • Leads or actively participates in complex departmental projects and continuous improvement initiatives.
  • Supports teammate development by sharing expertise through training or reviewing their work.
  • May provide constructive feedback regarding team members' performance.

Note: You will be required to go into the office twice a week if you reside within a 50-mile radius of our offices in  Columbus, OH, Seattle, WA, Boston, MA, Portsmouth, NH, Plano, TX. Please note that this policy is subject to change.

Qualifications

  • Bachelor`s degree (Accounting or Finance) and a minimum of 3 years of accounting or finance experience preferred
  • Must demonstrate attention to detail in a fast-paced work environment and the ability to manage and prioritize multiple projects simultaneously to achieve results
  • Must be able to communicate effectively with teammates and others, leading meetings and interacting with increasingly higher levels of management to gather information and effectively present results/recommendations
  • Advanced knowledge of Excel and Microsoft Word is preferred

About Us

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.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/BenefitsLiberty 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

Average salary estimate

$85000 / YEARLY (est.)
min
max
$75000K
$95000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Reinsurance Accountant, UNAVAILABLE

If you're ready to embrace a rewarding challenge, consider the role of Senior Reinsurance Accountant at Liberty Mutual. This position allows you to independently steer the completion of book-close processes and financial reports, all while thriving in a dynamic, deadline-focused environment. You'll get to flex your accounting muscles by managing increasing complexities, ensuring precise accuracy in your work. Collaborating across various teams while effectively communicating with management will be key as you drive the efficient creation of financial reports. With a keen eye for detail and the ability to propose process improvements, you’ll help shape our financial reporting landscape. Your project management skills will shine as you lead or engage in complex departmental initiatives and support your teammates’ development through training and constructive feedback. Liberty Mutual values growth, so you’ll have ample opportunities to advance your career while contributing to a purpose-driven culture. As a remote position with flexible office attendance, this role is perfect for those who thrive in a diverse and inclusive environment where everyone's contributions are celebrated. If you’re an accountant ready to take the next step in your career, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Senior Reinsurance Accountant Role at UNAVAILABLE
What are the primary responsibilities of a Senior Reinsurance Accountant at Liberty Mutual?

As a Senior Reinsurance Accountant at Liberty Mutual, you will oversee the monthly, quarterly, and annual book close cycles, ensuring timely completion and escalating any issues for immediate resolution. You'll prepare complex financial statement schedules and conduct detailed reviews to maintain accuracy. Additionally, you'll apply accounting policies to various business challenges and lead initiatives to continuously enhance financial reporting processes.

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What qualifications are needed for the Senior Reinsurance Accountant position at Liberty Mutual?

To qualify for the Senior Reinsurance Accountant role at Liberty Mutual, candidates should possess at least a Bachelor’s degree in Accounting or Finance, along with a minimum of three years of related experience. Strong attention to detail, advanced skills in Excel and Microsoft Word, and the capacity to effectively communicate with various levels of management are essential for success in this position.

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Does the Senior Reinsurance Accountant role at Liberty Mutual require in-office attendance?

While the Senior Reinsurance Accountant position at Liberty Mutual offers remote flexibility, those residing within a 50-mile radius of specific offices will need to attend the office twice a week. These locations include Columbus, OH; Seattle, WA; Boston, MA; Portsmouth, NH; and Plano, TX. As policies may change, it's advisable to stay updated on attendance requirements.

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What can a Senior Reinsurance Accountant expect in terms of career advancement at Liberty Mutual?

At Liberty Mutual, a Senior Reinsurance Accountant can anticipate numerous professional development opportunities. The company promotes a culture of continuous learning, allowing you to grow within your role and assume larger responsibilities, particularly if you demonstrate leadership qualities and actively contribute to team improvements and organizational goals.

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How does Liberty Mutual support diversity and inclusivity for Senior Reinsurance Accountants?

Liberty Mutual is committed to creating a diverse, equitable, and inclusive environment. For Senior Reinsurance Accountants, this means working within a culture that values every employee's unique contributions. The company employs several Employee Resource Groups (ERGs) that foster a sense of community and belonging, helping both personal and professional growth.

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Common Interview Questions for Senior Reinsurance Accountant
Can you explain your experience with financial reporting and analysis as a Senior Reinsurance Accountant?

When answering this question, emphasize any relevant experience you have with preparing financial reports. Share specific examples of how you analyzed complex data, improved reporting processes, and communicated your findings to management or other stakeholders, showcasing your attention to detail and analytical skills.

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How do you prioritize projects in a deadline-driven environment?

To answer this effectively, discuss your method for assessing project urgency and importance. Mention tools or techniques you use for task management and how you adapt when new information affects your priorities, ensuring that the most critical work is completed efficiently.

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What tools or software do you use to ensure accuracy in financial reporting?

Reference specific accounting software and tools you’ve used, such as Excel or financial management platforms. Discuss how these tools help you enhance accuracy, streamline processes, and facilitate collaboration among team members.

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Describe a time you identified a problem in financial processes and how you addressed it.

In your response, outline a specific instance where you discovered a financial process issue. Explain the steps you took to investigate and resolve the matter, focusing on the positive impact your solution had on the organization.

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How do you ensure compliance with accounting standards in your work?

Discuss your familiarity with generally accepted accounting principles (GAAP) or other relevant regulations, and provide examples of how you applied these standards in your previous roles. Highlight ongoing education or training you've pursued to stay compliant.

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What strategies do you use to train and mentor junior accounting staff?

Share your approach to mentoring, including how you communicate complex concepts, provide constructive feedback, and create a supportive learning environment. Discuss any specific training you've developed or participated in.

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How do you adapt to changes in accounting regulations or standards?

In answering this, illustrate your commitment to staying updated on industry changes. Mention specific methods you use, such as attending workshops, subscribing to industry publications, or participating in professional associations, which enable you to adapt quickly.

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Can you walk us through your experience with auditing processes?

Provide a detailed account of your involvement in the audit process, explaining your role, the preparation of supporting schedules, and how you ensured compliance with audit requirements. Discuss the importance of this experience in your role as a Senior Reinsurance Accountant.

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How do you handle stress during peak reporting periods?

Discuss specific stress management techniques you employ during busy times. This could include time management strategies, effective teamwork practices, or maintaining open communication with your supervisor to ensure a supportive work environment.

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What motivates you as a Senior Reinsurance Accountant?

Reflect on your passion for the accounting field and your desire to contribute to the success of Liberty Mutual. You may also want to mention how you enjoy continuous improvement in processes, meeting challenges, and fostering teamwork, as these aspects keep you engaged in your role.

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TEAM SIZE
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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
April 17, 2025

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