London-Based Senior Accountant – US GAAP & Reporting

Liberty Specialty Markets; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

Liberty Specialty Markets in London seeks a Senior Accountant to support the Finance Manager with monthly close and reporting for the Syndicate and group entities, ensuring accuracy and strong controls.

The role collaborates with FP&A, Actuarial and US GAAP teams to deliver timely submissions, balance sheet integrity and process improvements within a dynamic insurance finance environment.

Qualifications

• Experience in financial and management reporting essential
• Experience in US GAAP is a benefit.
• Strong understanding of the drivers of underwriting results from both a commercial and an accounting perspective, including actuarial processes and translating actuarial estimates into GAAP results.
• Ability to understand the numbers and articulate the reasons behind them is critical.
• Experience of identifying potential problems, collecting sufficient information to understand them and define potential solutions
• Strong Excel skills.
• Knowledge of Liberty's processes and business is a benefit
• Experience of using HFM, SAP and related reporting tools for booking entries and reporting results would be beneficial

Responsibilities

• Support the Finance Manager to complete month end submission including booking and reconciling of technical and non-technical entries into LSM's accounting systems.
• Working with the Finance Manager to ensure the completion and submission of monthly reporting within Parent company deadlines.
• Undertake the review and reconciliation of balance sheet accounts, in line with Group reporting requirements, liaising with other teams as required.
• Support the Finance Manager to complete any other reporting requirements.
• Deal with data requests and queries from external and internal auditors.
• Manage the transfer of tasks from other teams, and the development and documentation of appropriate procedures, automating processes wherever possible.
• To improve processes by identifying and communicating opportunities to enhance work or address process breakdowns.
• Support the manager with the reserve review process, liaising with Actuarial and FP&A teams to provide detailed and timely data models and reconciliations.
• Provide clear and relevant ad hoc reports on analytical variances as required
• Support the Finance Manager in efforts to bring about change, including contributing as required to the Finance Transformation project and OneGL implementation.
• Build relationships with local FP&A business partners, Legal Entity Reporting team and US and Local GAAP Reporting teams to ensure deadlines and reporting requirements are met.
• Embrace & support changes needed to provide superior service for customers
• Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules ,Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing

Job description

Liberty Specialty Markets in London seeks a Senior Accountant to support the Finance Manager with monthly close and reporting for the Syndicate and group entities, ensuring accuracy and strong controls.

The role collaborates with FP&A, Actuarial and US GAAP teams to deliver timely submissions, balance sheet integrity and process improvements within a dynamic insurance finance environment.