AVP, Finance
AVP, Finance
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$ 123600 - 166900
1 Vacancy
Job 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
This role will be responsible for accounting/reporting related to Premiums and premium-related elements of the Loss Sensitive business (client retained risk) within the National Accounts Construction and Retail Energy business units.
RESPONSIBILITIES AND ACCOUNTABILITIES
Cultivate strong business partnerships while gaining a thorough understanding of the business being supported; leverage understanding of business to make informed recommendations. Work closely with underwriting team to understand the business and provide the financial operational support needed
Manage the accounting and reporting for premiums for National Accounts Construction and Retail Energy business units on a monthly basis and as part of the quarterly close process. Oversee the booking of premium commission accruals loss sensitive adjustments dividends etc.
Work closely with underwriting credit receivables and BU finance claims on reviewing and approving collateral adjustments
Track and manage both static and depleting cash collateral; participate in building a new process to support cash collateral. Oversee balance sheet reconciliation process for related accounts
Provide analysis of business for premiums accruals commissions earnings; provide corporate with the Management Discussion & Analysis (MD&A) reporting on a quarterly basis
Lead the team in critical Arch Data Transformation efforts including testing and implementation of BU vertical data store Finance horizontal data store process improvements and data quality/consistency issues
Help identify inefficiencies and implement changes that will increase the operational efficiencies of the business and will enable the department to support current and anticipated growth in the business
Will have extensive interaction with various departments/disciplines including other areas in finance actuarial legal underwriting credit ops and IT.
Completion of key assignments/special projects
REQUIRED SKILLS AND ABILITIES
Demonstrated leadership people management and developmental skills
Dynamic and motivated individual capable of handling complex structured tasks that require close attention to timing and detail as well as unplanned projects and challenges that require effective and unique solutions often in a compressed timeframe
Experience with and exposure to various operational disciplines (actuarial underwriting claims IT etc.)
Experience managing finance and accounting data
Ability to effectively communicate analysis and conclusions to financial information end-users
Hands-on experience and strong aptitude with Microsoft Excel PowerPoint Word Power BI Workday
Exceptional communication (written and verbal) evaluating influencing negotiating listening and interpersonal skills to effectively develop productive working relationships with internal/external peers and across organizational lines
Strong problem-solving critical thinking analytical organizational multi-tasking and time management skills
Ability to analyze organize and present information in a clear and succinct manner
Ability to take part in active strategic discussions
Ability to work independently and in a team environment
EDUCATION/EXPERIENCE
7-10 years of North American property and casualty insurance industry experience. Statutory accounting experience preferred
Bachelors degree in Finance or Accounting
Experience with Loss Sensitive insurance including large deductibles preferred
Certified Public Accountant or Chartered Accountant is a plus
CPCU or other Insurance designations is a plus
#LI-AT1
#LI-hybrid
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.
$123600 - $166900/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 isnt the right fit but youre 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 Archs Talent Acquisition team.
14400 Arch Insurance Group Inc.Required Experience:
Exec
Employment Type
Full-Time
