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The Hanover Insurance Group
The Hanover Insurance Group
5,001 – 10,000 Employees
B2BB2CInsurance
The Hanover Insurance Group is a U.S.-based insurance provider serving individuals, businesses, agents, and brokers. Its personal insurance portfolio includes home, auto, motorcycle, umbrella, condominium, renters, and specialty coverage for items such as collector cars, watercraft, and valuables. For commercial customers, Hanover offers business owner’s policies, commercial auto, workers’ compensation, management liability, cyber, professional liability, property, surety, and industry-focused solutions for sectors including construction, healthcare, life sciences, and retail. The company also provides claims support, policy management tools, educational resources, risk services, and distribution support through its agent and broker network.
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Accounting Manager - Worcester, MA (Hybrid)

Lead insurance accounting, financial reporting, internal controls, and staff development for a Worcester-based team. Oversee GAAP, statutory, NAIC, SEC, and SOX compliance while driving reporting accuracy and process improvement.

USUnited StatesMAMassachusettsHybridFull-timeMiddleSeniorEnglish RequiredAccounting Manager
ERPOracle

Description

  • Direct daily accounting team operations, internal controls, and quality assurance activities
  • Lead monthly, quarterly, and annual GAAP and statutory reporting for internal and external audiences
  • Ensure financial information, regulatory filings, control documentation, and disclosures are prepared, reviewed, and analyzed accurately and on schedule
  • Maintain compliance with NAIC, SEC, SOX, SAP, GAAP, and company accounting policies
  • Act as the primary subject matter expert for accounting, systems, and reporting questions
  • Assess financial statement data flows and evaluate key controls
  • Investigate and resolve reporting issues and material variances
  • Oversee accounting operations, control activities, quality assurance, recurring and special reporting deliverables, and ad hoc projects
  • Manage close activities and keep reporting deliverables on schedule
  • Review and approve complex journal entries, reconciliations, and supporting workpapers
  • Analyze financial results, investigate variances, and resolve reporting discrepancies
  • Oversee accounting and reporting processes that support SAP, GAAP, and SEC requirements
  • Support NAIC reporting, regulatory filings, and insurance financial reporting obligations
  • Work with internal and external auditors during audits and regulatory examinations
  • Research, document, and implement changes to accounting guidance and reporting requirements
  • Maintain and improve internal control documentation and testing programs
  • Lead process improvement and automation efforts across financial statement data flows and reporting outputs
  • Identify technology opportunities and create accounting and reporting solutions
  • Lead, coach, develop, and assess accounting team members
  • Set team priorities, assign resources, and track performance
  • Partner with operations, IT, actuarial, finance, HR, management, and audit stakeholders
  • Present complex accounting issues and recommendations to senior leadership

Requirements

  • At least 5–8 years of progressive experience in accounting and financial reporting
  • Insurance accounting or public accounting experience preferred, or a combination of both
  • Bachelor’s degree in Accounting or Finance required
  • CPA, MBA, or master’s degree in Accounting strongly preferred
  • Strongly preferred experience with SAP, NAIC, GAAP, SEC, and statutory accounting principles
  • Experience with financial reporting and ERP tools such as PeopleSoft, Oracle, SAP, Essbase, Hyperion, Power BI, or comparable systems
  • Ability to work independently, balance competing priorities, and deliver against deadlines
  • Ability to build effective teams through coaching, mentoring, and professional development
  • Ability to recruit, retain, and grow accounting talent
  • Ability to foster accountability, collaboration, and continuous improvement
  • Curiosity and flexibility in a changing finance environment
  • Commitment to developing technical accounting, analytical, and digital capabilities
  • Ability to interpret complex financial data and reporting processes
  • Ability to diagnose issues, weigh alternatives, and create practical solutions
  • Ability to link accounting results with business performance and risk management
  • Ability to establish productive relationships across teams and stakeholder groups
  • Strong communication skills with the ability to secure alignment on initiatives and decisions
  • Ability to anticipate risks, opportunities, and process improvements
  • Ability to advance automation, efficiency, and reporting enhancements

Benefits

  • Hybrid and flexible work arrangement
  • Full-time, exempt position

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