General
Job Title : Senior Accountant, Technical Accounting
Location : West Hartford, CT
Division : Finance
Reports To : Head of Technical Accounting
Key Relationships : Head of North America Finance, Head of North American External Reporting, US Controller, Finance Management Team (FMT), Finance Teams, External Auditors,
Job Summary
We are looking for a Senior Accountant (equivalent to a Technical Accounting Manager). This role will focus on two main areas :
- Supporting our US Finance team from a technical accounting perspective - ensuring compliance with NAIC SSAPs, reviewing quarterly statutory returns and providing reporting on technical matters to relevant boards and audit committees. This role will act as the key contact point in the Technical Accounting team for all US matters, partnering closely with teams across finance and the wider organisation, ensuring transactions and changes are appropriately accounted for and disclosed. This role will also be the primary business partner to the Head of North America Finance from Technical Accounting.
- Supporting the wider Technical Accounting and finance teams on Group wide technical accounting / accounting policy matters.
The Senior Accountant will provide expert technical accounting advice and guidance, while ensuring compliance with accounting and regulatory reporting requirements for the Group and subsidiaries globally. This is a hands-on role where you will be expected to work independently, authoring technical papers, conducting research and liaising with teams across the Group.
Key responsibilities
External Reporting
Oversee performance of the technical reviews over statutory reporting and regulatory returns prior to issuance, to ensure compliance with group accounting policies, external reporting requirements and accuracy of statements.Oversee annual updates of statutory and group reporting disclosures to ensure they are up to date, adhere to relevant reporting standards and embed best practice.Manage, prepare and review relevant reporting to Group and entity Audit Committees on technical accounting matters pertaining to periodic reporting.Manage and resolve technical / subjective external audit comments on financial reporting.Accounting Consultation
Serve as business partner for the TA team within and outside of Finance. Ensure that changes to and changes impacting accounting policies are implemented properly, and that the TA team provides post-implementation support and training.Provide support for global Finance teams on technical accounting matters. Regularly collaborate to identify, research, resolve and communicate findings on accounting-related questions regarding business transactions and other non-routine matters.Support Finance BAU teams with technical accounting papers for internal and external use.Acting as a point of contact for external auditors on any technical accounting matters.Accounting Policy
Improve the organisation's documentation of policies and procedures to enhance the quality of financial reporting.Oversee research of new accounting guidance and exposure drafts, assist with interpretation and implementation of new / amended regulatory and reporting standards.Team Oversight and People Development
Provide coaching and guidance to other finance team members on accounting and reporting matters.Personal Specification
Education and qualifications
Required : Qualified Accountant (CPA)Required : At least 7 years accounting experience, preferably in P&C insurance.Essential Criteria
Required : Background in external audit in a large public accounting firm.Required : Experience of working in or with large insurance groups, including working with or auditing NAIC reporting in a P&C context.Required : Strong technical knowledge of accounting concepts / theories (specifically NAIC SSAP) and how they apply to the insurance industry.Beneficial : Experience performing a similar role in a public accounting firm in accounting advisory / consulting.Beneficial : IFRS knowledge and experience, including IFRS 17.Skills and Abilities
Proactive approach to investigating and understanding changing accounting and regulatory standardsExperience researching and documenting technical accounting implications requiredExcellent analytical skills, strong attention to detail, ability to multi-task, and work to deadlinesAbility to communicate complex technical issues to non-technical stakeholders with excellent verbal and written communication skillsDemonstrated ability to solve problems and suggest solutionsAptitude and Disposition
Top performer, motivated and driven to succeedA self-starter with a high energy level and the ability to thrive in a fast paced environmentAbility and willingness to roll up sleeves and get involved in detailsAbility to interact with individuals at all levels of the companyDemonstrated ability to influenceAdaptable to changing / evolving circumstancesAbility to work well in tight timeframes and deadlinesProactiveHigh integrityPositiveComply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct.Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, 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 People & Sustainability or assurance teams (compliance, risk, 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.Who We Are :
Beazley is a specialist insurance company with over 30 years' experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer.
Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.
Our Culture
We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee's diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.
Be boldStrive for betterDo the right thingUpholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us - our ambitious inclusion & diversity and sustainability targets are testament to this.
We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.
Explore a variety of networks to assist with professional and / or personal development. Our Employee Networks include :
Beazley RACE - Including, understanding and celebrating People of ColourBeazley SHE - Successful, High potential, Empowered women in insuranceBeazley Proud - Our global LGBTQ+ communityBeazley Wellbeing - Supporting employees with their mental wellbeingBeazley Families - Supporting families and parents-to-beWe encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as :
Internal Pathways (helping you grow into an underwriting role)iLearn (our own learning & development platform)LinkedIn LearningMentorship programExternal qualification sponsorshipContinuing education and tuition reimbursementSecondment assignmentsThe Rewards
The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organizationAttractive base compensation and discretionary performance related bonusCompetitively priced medical, dental and vision insuranceCompany paid life, and short- and long-term disability insurance401(k) plan with 5% company match and immediate vesting22 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 beliefsUp to $700 reimbursement for home office setupFree in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowanceUp to 26 weeks of fully paid parental leaveUp to 2.5 days paid annually for volunteering at a charity of your choiceFlexible working policy, trusting our employees to do what works best for them and their teamsSalary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $120,000-$130,000 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.
