Global jobs in Mexico

Accountant - Outwards Reinsurance-Accounting Operations

Finance

Accounting Operations

London

FTC- 12 months

No

• Reporting to the Manager Syndicate Ceded Accounting Operations, the role is to assist reporting of the LSM business on a US GAAP basis, including affiliate reporting, variance analysis, plan analysis and reserving analysis.

• 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" - Specialty, Commercial and Reinsurance - and also to the supporting functions within LSM
• To utilise our legal entity platform in the most cost and capital efficient manner complimenting and supporting the LSM strategy;
• 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 service companies and cover holder 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.

• Reporting to Group: to prepare or assist with various monthly and quarterly parent company reporting requirements in close coordination with various internal departments.
• Accounting: to work closely with various departments in the business to ensure appropriate data is available and readily accessible, to understand, calculate and appropriately account for specific insurance transactions (in accordance with UK and US GAAP).
• Process and Data: to prepare the appropriate reinsurance controls, to document and run the ongoing processes and where appropriate identify process and data improvements.
• Stakeholder Relationships: Confidence and ability to discuss complicated process flows with people on multiple levels of seniority.
• Reserving analysis: partner with actuarial department for reserving, analysing actuarial inputs into Finance reinsurance processes, providing reconciled and understood adjustments and balances at appropriate granularity.
• Plan and reforecast: to assist in the Annual Plan and Reforecast utilising knowledge of underlying transactions.
• Finance Transformation Programme and business readiness: Provide direct input to and support other team members in the Finance Transformation Programme deliverables with respect to outwards reinsurance and Finance technical business readiness.
• Regulatory reporting: to assist with various reinsurance regulatory requirements in coordination with the LSM External reporting team,
• Other and Ad‑hoc: to assist other reinsurance accounting team members (and wider finance as appropriate) to respond to other ad‑hoc information requests.
• Legal and Compliance: 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 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 Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing.

• Very strong data manipulation skills. Advanced Excel skills
• Naturally analytical with high level of accuracy and attention to detail
• Good organisation skills
• Good communication skills in order to be able to work effectively with various department within the local business as well as the parent company
• Ability to work in a tight deadline environment
• Ability to work effectively as part of the wider finance team. Collaborative working style.
• Financial and management reporting experience is preferred.
• Insurance/Reinsurance experience in the industry preferred
• Knowledge and experience of insurance accounting under US GAAP preferred.

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.
• A supportive culture, which includes promoting a healthy work‑life balance and working flexibly.

For more information, please follow the links below:

https://www.libertyspecialtymarkets.com/gb-en/careers/working-for-us

https://www.libertyspecialtymarkets.com/gb-en/careers/diversity-inclusion-wellbeing/diversity-and-inclusion