Arch Capital Group Ltd.

Director, 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

💰 $90,000 - $124,000 per year

Job Level

Lead

About the role

  • Accounting and reporting for losses for the assigned business units on a monthly basis, and as part of the quarterly close process.
  • Preparation and review of gross and ceded loss entries.
  • Prepare balance sheet reconciliations & research and resolve items that are out of balance.
  • Prepare and provide support for Quarterly and Annual Statement purposes as necessary.
  • Prepare an analysis of losses for Construction, National Accounts and Retail Energy that is provided to leadership on a monthly basis.
  • Ability to recognize & explain anomalies in the data.
  • Analyze and research claims for TPA-driven loss data.
  • Review of binders/contracts to ensure accounting is in line with contract terms for deductible analysis and financial booking.

Requirements

  • 5-7 years of North American property and casualty insurance industry experience
  • Bachelor’s degree in finance or accounting required
  • CPCU or other Insurance designations is a plus.
  • Strong communication and interpersonal skills.
  • Strong Excel skills.
  • Ability to analyze data, including ability to recognize anomalies in data.
  • Ability to effectively communicate analysis and conclusions to financial information end-users.
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
  • and more.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
accountingreportingbalance sheet reconciliationdata analysisloss analysisfinancial bookingCPCUinsurance designationsExcel
Soft Skills
communicationinterpersonal skillsability to recognize anomaliesability to explain dataability to communicate analysis
Certifications
Bachelor’s degree in financeBachelor’s degree in accountingCPCU