Job Description

Advance your career at Liberty Mutual Insurance - a Fortune 100 Company!

The Company

Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group's (LMIG) global financial assets across global and private domains to build capital and generate income. With over $90 billion in AUM and staffed with nearly 300 investment, finance and operations professionals located in Boston, MA, we offer the best of both worlds -- the look and feel of a boutique investment firm and the reputation and financial strength of a global leader.

LMI has been on a transformation path to spur innovation, capitalize on deep expertise and scale its returns on long-term flexible capital through a one firm, one portfolio, one team mindset. Our operating model is built on three pillars: centralized portfolio construction, asset management and investment-enabling services. The teams are structured as Investment Business Units (IBUs) working in concert: Strategy & Asset Allocation, Risk Management, Global Fixed Income, Global Partnerships & Innovation and Investment Enabling Services (IES). Our portfolio spans a broad spectrum of public and private asset classes, and we are committed to expanding our capabilities and our toolkit in furtherance of our mission.

LMIG is proud to be recognized for a second time in 2019 as a Best Workplace for Diversity by Fortune magazine and as a Great Place to Work.

The Position

Responsible for the timely preparation of quality monthly, quarterly, and annual internal and external GAAP-basis deliverables, including balance sheets, P&L reports, and 10-Q/K style reporting. Provides accounting and financial analysis services in support of internal and Corporate/SBU customers. Utilizes accounting and investment knowledge to perform analysis, research variances, and resolve issues as they arise in order to present findings/recommendations to Management. Prepares reports efficiently and effectively utilizing strong data management skills. Maintains financial controls over financial reporting/systems and evaluates and recommends improvements to the operational processes. Position resides in Investments Financial Reporting.

Responsibilities

Responsibilities include but are not limited to the following:

* Prepares quarterly financial reporting in accordance with generally accepted accounting principles, specifically including debt securities, public and private equity investments and derivatives.
* Prepares monthly financial reports in conjunction with closing deadlines, utilizing a broad knowledge of accounting principles. Analyze results and presents findings to Management.
* Prepares special analyses of investment activity and holdings as required on either a periodic or ad hoc basis.
* Assists with the preparation of annual rating agency surveys and reports.
* Researches accounting and financial reporting requirements and recommends accounting treatment for transactions.
* Assists in the annual audit and quarterly review with external auditors.
* Recommends process improvements to increase efficiency in financial reporting, financial analysis, or in the internal control environment.
* Assists with the management of Sarbanes-Oxley Section 404 compliance.
* Partners with other departments on special projects and strategic initiatives as needed.
Qualifications:
* Bachelors degree in accounting or finance and a minimum of 3 years of relevant experience.
* Strong technical accounting knowledge and financial analysis skills.
* Strong investment securities knowledge.
* Strong communication, written and interpersonal skills.
* CPA or CPA candidate preferred.
* Ability to apply analytical business acumen to financial reports.
* Ability to connect business data needs to systematic processes and tools.
* Ability to effectively work in a team environment and with different levels of management and with key stakeholders within the Investments group as well as other SBUs and Corporate Departments.
* Advanced level Excel proficiency required.