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FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.
Summary:
The Waltham, MA Runoff Operations Finance Supervisor oversees and performs general accounting and/or finance activities in compliance with established policies, practices, and procedures to ensure that the underlying books and records of the company accurately reflect the business results. This position requires advanced knowledge of finance procedures within Runoff Operations (discontinued lines business) including, but not limited to, accounts payables, accounts receivables, cash management, collections, general ledger, and financial reporting.
This position is responsible for analyzing the Runoff Operations quarterly and annual reporting, which includes the NAIC Schedule F reporting. This position also oversees the Runoff Operations accounts receivable and payable functions. This position is also responsible for the recovery of all direct casualty reinsurance collections. The supervisor works with internal as well as external entities to provide information, track progress, and resolve issues.
This position keeps the Run-Off Operations Finance Manager apprised on overall matters, team performance, staff, and any related issues. The Runoff Operations Finance Supervisor also responds to specific manager inquiries with accurate, detailed information as requested.
Schedule & Location:
This position is full-time based on-site in Waltham, MA. This position is eligible for one remote day per week on either Tuesday or Friday, based on business needs. Hours are flexible ranging from 6:30 AM - 3:00 PM to 9:00 AM - 5:30 PM, also based on business needs.
Required Education:
Highly Preferred Education:
Required Work Experience:
Highly Preferred Work Experience:
Required Skills:
Highly Preferred Skills:
The hiring range for this position is $88,400-$127,100 annually. The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM Global’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
Full Time
$118k-152k (estimate)
07/02/2024
07/17/2024
fmglobal.com
MANSFIELD, MA
3,000 - 7,500
1835
Private
PAUL CONROY
$1B - $3B
Insurance
FM Global is a mutual insurance company that provides commercial property insurance services.
The following is the career advancement route for Finance Supervisor positions, which can be used as a reference in future career path planning. As a Finance Supervisor, it can be promoted into senior positions as a Finance Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Finance Supervisor. You can explore the career advancement for a Finance Supervisor below and select your interested title to get hiring information.