Senior Accountant

Liberty Specialty Markets

City Of London

On-site

GBP 60,000 - 80,000

Full time

8 days ago

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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 Companies. You will work across the Finance function to ensure accurate accounting entries and timely submissions.

The role requires strong experience in financial reporting, US GAAP knowledge, and excellent Excel skills. You will engage with auditors and contribute to finance transformation initiatives, delivering high-quality control and

Qualifications

Experience in financial and management reporting essential.
US GAAP knowledge is a benefit.
Strong understanding of the drivers of underwriting results and actuarial processes translated into GAAP results.
Ability to understand numbers and articulate the reasons behind them is critical.
Experience identifying potential problems, collecting information, and defining solutions.
Strong Excel skills.
Knowledge of Liberty's processes and business is a benefit.
Experience using HFM, SAP and related reporting tools would be beneficial.

Responsibilities

Support the Finance Manager to complete month end submission including booking and reconciling entries.
Assist in monthly reporting to meet Parent company deadlines.
Review and reconcile balance sheet accounts in line with Group requirements.
Support ad hoc reporting requirements as needed.
Liaise with auditors for data requests and queries.
Help document procedures and automate processes where possible.
Contribute to Finance Transformation and OneGL initiatives.
Build relationships with FP&A and US GAAP reporting teams to meet deadlines.

Skills

Financial reporting

Management reporting

US GAAP knowledge

Excel proficiency

Problem solving

Communication skills

Tools

HFM

SAP

Job description

General information

City: London

Country: United Kingdom of Great Britain and Northern Ireland

Creation Date: 02-Sep-2026

Employment Type: Permanent

Employment Type: Full time

Ref #: 1234572808

Description & Requirements

Role Title: Senior Accountant

Department: Finance

Team: Accounting Operations

Location: London

Type: Permanent

About the Role:

The Senior Accountant will assist the Finance Manager in ensuring the timely and accurate completion of the monthly financial close and reporting processes for the Syndicate and other Group Companies.

About the Department & Team:

Finance in Liberty Specialty Markets (LSM) consists of circa 100 FTE and has a number of key roles:

To partner the business to enhance decision making with a focus on strategy, planning, analysis and reporting. Support is provided both to the three management 'Pillars' (London, International and Reinsurance) and to the supporting finance functions within LSM

To ensure that all external financial reporting requirements (statutory, regulatory, tax, capital etc) are fulfilled. LSM consists of a Lloyd's Syndicate, a UK insurance company with European branches and a number of small service companies

To report to our US Parent on standard monthly requirements and ad-hoc requests on both a pillar and a legal basis

To ensure superior management of our investments, cash and all financial risks

To give finance operations support to the business and finance

Finance strives for continuous improvement in all areas and aims for excellent customer service, supported by quality and efficient processes, all operating within a robust control environment.

Key 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, liasing 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

Skills and Experience:

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 an appreciation of actuarial processes and understanding how actuarial estimates translate 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

The successful candidate will have the following areas of competence:

Customer focused - seeks to improve the level of service offered

Demonstrates a willingness to experiment with new ideas and to implement new processes.

Able to perform efficiently and effectively in the face of unfamiliar tasks and more complex job responsibilities

Demonstrates awareness of own capabilities, able to adapt to changing situations, and seeks opportunities to acquire and apply new knowledge and skills on the job.

Good communication skills

Makes constructive contributions to the team, and welcomes the ideas and inputs of others

Ability to recognize potential problems, collect sufficient information to understand them and define potential solutions

Accepts responsibility for own performance and actions

About Liberty Specialty Markets (LSM)

Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.

Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

Offering a vibrant and inclusive environment and committing to their career development.

Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.

Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.