Pay Philosophy
The typical starting salary range ($121,300 - $150,300) 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
Depending on location, this may be a hybrid position and will require a minimum of 2 days in office.
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Hybrid locations include: Boston MA, Portsmouth NH, Seattle WA, Columbus OH, Plano TX
Independently manages the Corporate Regulatory Workers' Compensation (WC) Unit Statistical Team in a deadline focused environment with ultimate responsibility for the accuracy of the work. Identifies emerging WC Reporting issues and develops processes to address them. Communicates Reporting and compliance concerns to a variety of audiences, both internally and to external Regulatory agencies, including making presentations to senior management. Fosters the development of the team by setting objectives that challenge them while providing on-going coaching. Builds a culture of innovation to continuously improve processes to ensure work is performed in the fastest, most efficient means possible.
Job Responsibilities:
- Responsible for the accurate and timely completion of reporting requirements for the Corporate Regulatory WC Unit Statistical Reporting Team, including but not limited to, WC Unit Statistical and DCI Reporting.
- Responsible for the accurate production of all financial reports issued by the Regulatory WC USR team, ensuring accuracy and compliance with reporting requirements.
- Researches highly complex Workers Compensation reporting issues and develops processes to address them, communicating appropriately to senior management. Develops, documents, and assures adherence to an internal control framework that ensures accurate and timely regulatory reporting.
- Makes recommendations to continuously improve the overall control environment.
- Provides sound regulatory advice to business units or other departments, anticipating the statistical reporting impact of changes in the business environment and making recommendations to ensure appropriate reporting.
- Understands how data flows through the various detail source and Regulatory reporting systems, planning appropriately for changes and recommending and implementing enhancements.
- Coaches the team to assess the business value and efficiency of the work performed, identifying and implementing improvements. Initiates and/or leads increasingly complex projects and continuous improvement activities that may span beyond the scope of own teams responsibilities.
- Delivers business results while building the teams capabilities by setting challenging objectives and coaching the team in meeting them. Has the vision to create employee development plans that build strengths needed for the current operation and for the future. Takes action to attract, engage and advance the careers of people from all backgrounds and experiences
- Works very closely with offshore team.
- Bachelor's degree in Accounting, Finance, Business or equivalent accounting experience.
- Minimum of 7 years of accounting or finance experience
- Extensive knowledge of accounting practices and procedures.
- Knowledge of insurance accounting required.
- Experience dealing with statistical agencies and independent bureaus .
- Ability to assess and communicate financial implications of business plans and actions.
- Ability to display profit orientation and business results focus. Demonstrates business partnering ability and focus on business results.
- Ability to communicate in non-technical terms and present analysis in an understandable and concise manner.
- Management experience preferred.
At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.
Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion
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/Benefits
Liberty 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.