Manager, Finance - Statutory Accounting
Apply NowCompany: Arch Capital Group Ltd.
Location: Hartford, CT 06106
Description:
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.
POSITION SUMMARY
We are seeking a candidate for the Manager - Statutory Accounting position. This individual will be responsible for numerous activities within the Department with a primary focus on the MidCorp and Entertainment business as well as have opportunities to liaise with various other business units and supporting departments.
The position will provide exposure to the Company's various divisions and operations and provide insight into how the business is managed. This individual will have a high level of interaction with other members of the finance teams throughout the organization as well as interaction with other support teams. Based in the Northeast, this position reports to the AVP of Statutory Accounting. The ideal candidate has strong oral and written communication skills, an analytical mindset, experience in financial reporting and the ability to multitask to effectively manage their time across various roles and responsibilities.
RESPONSIBILITIES AND ACCOUNTABILITIES
Responsible for preparation of NAIC and state regulatory filings for those insurance entities related to the MidCorp and Entertainment business and meeting strict reporting deadlines
Prepare and book Statutory journal entries
Review and analyze various reconciliations for non-admitted assets
Work with various departments to obtain required data for statutory filings while developing strong relationships
Interact with various levels of management to obtain understanding of processes, risks, and controls
Provide executable recommendations that improve operations and finance functions
Assist with projects and initiatives within the Department
Display teamwork, integrity, and leadership
REQUIRED SKILLS AND ABILITIES
experience in financial reporting and the ability to multitask to effectively manage their time across various roles and responsibilities.
Ability to evaluate processes to identify opportunities for improvement
Critical thinking and robust analytical and documentation skills
Extensive understanding of Statutory Accounting Principles
Knowledge of property & casualty insurance operations
Strong interpersonal, communication, and organizational skills
Willingness to proactively collaborate and share information with other members of the team and the broader Finance group
Capability to function in a team environment while assuming increased responsibilities within a dynamic and growing organization
Exceptional work ethic, integrity, and the ability to work autonomously while effectively managing expectations
Strong Microsoft Excel skills with the ability to use complex formulas to manipulate large volume of data
Experience in financial reporting
Ability to multitask to effectively manage their time across various roles and responsibilities
DESIRED SKILLS AND ABILITIES
Experience with Cognos, Alteryx, TM1, Workday, Sovos/Wings, GAIN Compliance and One Stream a plus
EDUCATION/EXPERIENCE
5-7 years of accounting or finance experience with a property and casualty insurance organization
Statutory accounting knowledge including preparation of annual statements and supplements
Degree in Accounting, Business Administration or Finance
#LI-hybrid
#LI-AT1
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
$79,900 - $107,900/year
Click here to learn more on available benefits.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.
14400 Arch Insurance Group Inc.
POSITION SUMMARY
We are seeking a candidate for the Manager - Statutory Accounting position. This individual will be responsible for numerous activities within the Department with a primary focus on the MidCorp and Entertainment business as well as have opportunities to liaise with various other business units and supporting departments.
The position will provide exposure to the Company's various divisions and operations and provide insight into how the business is managed. This individual will have a high level of interaction with other members of the finance teams throughout the organization as well as interaction with other support teams. Based in the Northeast, this position reports to the AVP of Statutory Accounting. The ideal candidate has strong oral and written communication skills, an analytical mindset, experience in financial reporting and the ability to multitask to effectively manage their time across various roles and responsibilities.
RESPONSIBILITIES AND ACCOUNTABILITIES
Responsible for preparation of NAIC and state regulatory filings for those insurance entities related to the MidCorp and Entertainment business and meeting strict reporting deadlines
Prepare and book Statutory journal entries
Review and analyze various reconciliations for non-admitted assets
Work with various departments to obtain required data for statutory filings while developing strong relationships
Interact with various levels of management to obtain understanding of processes, risks, and controls
Provide executable recommendations that improve operations and finance functions
Assist with projects and initiatives within the Department
Display teamwork, integrity, and leadership
REQUIRED SKILLS AND ABILITIES
experience in financial reporting and the ability to multitask to effectively manage their time across various roles and responsibilities.
Ability to evaluate processes to identify opportunities for improvement
Critical thinking and robust analytical and documentation skills
Extensive understanding of Statutory Accounting Principles
Knowledge of property & casualty insurance operations
Strong interpersonal, communication, and organizational skills
Willingness to proactively collaborate and share information with other members of the team and the broader Finance group
Capability to function in a team environment while assuming increased responsibilities within a dynamic and growing organization
Exceptional work ethic, integrity, and the ability to work autonomously while effectively managing expectations
Strong Microsoft Excel skills with the ability to use complex formulas to manipulate large volume of data
Experience in financial reporting
Ability to multitask to effectively manage their time across various roles and responsibilities
DESIRED SKILLS AND ABILITIES
Experience with Cognos, Alteryx, TM1, Workday, Sovos/Wings, GAIN Compliance and One Stream a plus
EDUCATION/EXPERIENCE
5-7 years of accounting or finance experience with a property and casualty insurance organization
Statutory accounting knowledge including preparation of annual statements and supplements
Degree in Accounting, Business Administration or Finance
#LI-hybrid
#LI-AT1
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
$79,900 - $107,900/year
- Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
Click here to learn more on available benefits.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.
14400 Arch Insurance Group Inc.