Senior Accountant

Job description and person specification

Job Title: Senior Accountant

Division: Finance

Reports To: US Controller

Key Relationships: Senior Financial Analyst, Senior Statutory Accountant, Financial Analyst, Head of North American External Reporting, Head of North America Finance

Job Summary: The Senior Accountant is an important member of the finance team, with primary responsibility for the accounting, analysis, and reporting of loss reserve related balances. This role will support the accurate recording and reconciliation of reserve balances, ensuring completeness and accuracy of financial reporting. The position will work closely with actuarial, claims, and finance teams.

Key Responsibilities

• Prepare, analyze, and reconcile all reserve related balance sheet and income statement accounts
• Prepare and review quarterly and annual Schedule P statutory reserve reporting
• Analyze reserve development, incurred loss trends, loss ratio movements and other metrics to support management reporting and financial analysis.
• Serve as primary finance contact for actuaries, providing required reserve data and claims information, as well as ad hoc support
• Partner closely with actuarial teams during quarterly reserve reviews and year-end reporting processes.
• Maintain and enhance internal controls over reserve accounting and reporting processes
• Assist with special projects, accounting research, system implementations and process improvement initiatives related to reserve accounting and reporting
• Cross training/ support of Sr. Financial Analyst’s responsibilities, in addition to other duties as assigned by the Controller

General

At Beazley we are committed to doing the right thing because it is the right thing to do. It is important that within all your interactions both internally and externally you adhere to this principle through adoption of Beazley’s core values and behaviours – PIED and Being Beazley.

Adopt the Beazley culture of Professionalism, Integrity, Effectiveness and Dynamic that contributes to an internal environment of teamwork and promote a positive brand image and experience to our external customers.

Comply with Beazley procedures, policies and regulations including the code of conduct. Undertake training on Beazley policies and procedures as delivered by your line manager, the Talent Management development or assurance teams (compliance, risk, and internal audit) either directly, via e-learning or the learning management system.

Display business ethics that uphold the interests of all our customers.

Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.

Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Talent Management or assurance teams (compliance, risk, and internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management.

Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.

Personal Specification

Education and Qualifications

Bachelor’s degree in accounting or finance

Prior Public accounting or Insurance experience preferable

Skills and Abilities

• Solid financial analysis skills
• Effective written and verbal communication skills
• Intermediate time management/ prioritization skills
• Demonstrated ability to solve problems and suggest solutions
• Navigate ambiguity to deliver results
• Knowledge and Experience
• Solid knowledge of accounting concepts/theories
• Solid knowledge of insurance accounting and reporting concepts/theories
• Intermediate working knowledge of Microsoft Office (e.g., Excel, Word, Outlook)
• General Ledger experience
• Aptitude and Disposition
• Top performer, motivated and driven to succeed
• A self-starter with a high energy level and with the ability to work in a fast-paced environment
• Ability and willingness to roll up sleeves and get involved in detail
• Ability to interact with individuals at all levels of the company

Proactive

Flexible

High integrity

Positive

Competencies

Detail Oriented

Analytical Thinking

Emphasis on Quality

Teamwork

Communications

The Rewards

The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization

Attractive base compensation and discretionary performance related bonus

Competitively priced medical, dental and vision insurance

Company paid life, and short- and long-term disability insurance

401(k) plan with 5% company match and immediate vesting

22 days PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefs

Up to $700 reimbursement for home office setup

Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance

Up to 26 weeks of fully paid parental leave

Up to 2.5 days paid annually for volunteering at a charity of your choice

Flexible working policy, trusting our employees to do what works best for them and their teams

Salary for this role will be tailored to the successful individual’s location and experience. The expected compensation range for this position is $110,000 - $135,000 per year plus discretionary annual bonus.

Don’t meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.

We are an equal opportunities employer and as such, we will make reasonable adjustments to our selection process for candidates that indicate that, owing to disability, our arrangements might otherwise disadvantage them. If you have a disability, including dyslexia or other non-visible ones, which you believe may affect your performance in selection, please advise us in good time and we’ll make reasonable adjustments to our processes for you.