Vice President, Finance
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Hybrid
Location: Jersey City • Connecticut • New Jersey • United States
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Salary
💰 $166,900 - $225,300 per year
Job Level
About the role
- 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
- Manage the accounting and reporting for the business units
- Oversee the teams responsible for booking of premium, commission, ceded premium, ceding commission, losses, etc.
- Manage calculation and booking of ceded reinsurance contracts and ensure accounting is in line with contract terms
- Work closely with other departments to ensure set-up of current and new business activities is accurate and efficient
- Take part in special projects, including testing and implementation of new systems, process improvements (including early close issue) and data quality initiatives
- Will have extensive interaction with various departments/disciplines at the group, including other areas in finance, actuarial, legal, reinsurance, claims and IT.
Requirements
- Preferred minimum 12 years of North American property and casualty insurance industry experience, including statutory accounting experience
- Finance or accounting degree
- Certified Public Accountant or Chartered Accountant is a plus
- CPCU or other Insurance designations is a plus.
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- a competitive 401k with generous matching
- PTO beginning at 20 days per year
- up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Off
- basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
statutory accountingfinancial reportingceded reinsurance contractspremium bookingcommission bookingloss calculationdata quality initiativesprocess improvementsfinancial operational support
Soft Skills
business partnershipcommunicationcollaborationproblem-solvingorganizational skills
Certifications
Certified Public AccountantChartered AccountantCPCU