Senior Accountant

Job Title: Senior Statutory Accountant

Division: Finance

Reports To: US Controller

Key Relationships: Head of North American External Reporting; Head of US Finance; US Tax Manager; Senior Financial Analyst; Compliance Analyst

Job Summary: The Senior Statutory Accountant will be a key member of the finance team. The primary responsibilities of the position will be statutory reporting coupled with financial analysis, research, and technical expertise. The position will be primarily responsible in ensuring the integrity of statutory financial information and reports.

Key Responsibilities

• Prepare and file accurate and timely quarterly and annual statutory financial statements for multiple legal entities.
• Ensure timely and accurate submission of regulatory filings and data calls to state insurance departments and other regulatory bodies.
• Ensure compliance with Statutory Accounting Principles (SAP) and monitor changes in SAPs and regulatory requirements to assess their impact.
• Liaise with external auditors and regulators during statutory audits and examinations.
• Support internal management reporting and provide insights into statutory financial performance.
• Identify and implement process improvements to enhance reporting efficiency and accuracy.
• Maintain financial internal controls over statutory financial reporting in compliance with the NAIC Model Audit Rule (MAR)
• Collaborate with internal teams including Tax, GAAP Reporting, and Compliance to ensure alignment and accuracy of financial reporting.
• Support of ad hoc projects, including process improvements and system enhancements, and other tasks, 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
• 5 Years' Minimum Accounting experience, preferably in the property-casualty insurance industry
• Corporate Statutory Accounting experience preferable

Skills and Abilities

• Technical accounting knowledge including experience documenting and researching technical accounting answers required
• Solid financial analysis skills
• Effective written and verbal communication skills
• Intermediate time management/ prioritization skills
• Demonstrated ability to solve problems and suggest solutions
• Intermediate business perspective including an understanding of the political nature of the organization
• Navigate ambiguity to deliver results

Knowledge and Experience

• Solid knowledge of accounting concepts/theories (GAAP & NAIC statutory)
• 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

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 bold
• Strive for better
• Do the right thing

Upholding 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 Colour
• Beazley SHE - Successful, High potential, Empowered women in insurance
• Beazley Proud - Our global LGBTQ+ community
• Beazley Wellbeing - Supporting employees with their mental wellbeing
• Beazley Families - Supporting families and parents-to-be

We 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 Learning
• Mentorship program
• External qualification sponsorship
• Continuing education and tuition reimbursement
• Secondment assignments

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 $100,000 - $117,000 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.