Arch Capital Group Ltd.

VP, Accounting Policy Services

Arch Capital Group Ltd.

full-time

Posted on:

Origin:  • 🇺🇸 United States • New York

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Salary

💰 $167,195 - $226,205 per year

Job Level

Lead

About the role

  • Lead US GAAP accounting research and documentation for non-standard transactions across worldwide insurance, reinsurance and mortgage operations
  • Develop and maintain group-wide corporate accounting policies and monitor application across the organization
  • Monitor and assess impact of accounting standard changes and lead implementation efforts
  • Support business leaders and segment finance professionals on accounting guidance for significant, new or unusual transactions
  • Communicate impact of new accounting policies on consolidated financial statements and segment reporting to executive management
  • Collaborate with other departments to implement new accounting standards/disclosure requirements and support publicly filed financial statements and disclosures
  • Ensure alignment of accounting policies related to M&A transactions
  • Manage relationships with external auditors for annual audit and quarterly reviews, including audit issues, fees, timing and deliverables
  • Review and/or perform due diligence on potential transactions
  • Manage and develop accounting policy & finance staff
  • Report to the EVP, Deputy CFO

Requirements

  • 8+ years of US GAAP accounting experience in a similar role, specializing in the property/casualty insurance industry
  • BA in accounting
  • CPA required
  • Strong knowledge of financial accounting for financial services including risk transfer, reinsurance accounting, business combinations, consolidation, equity method of accounting, derivatives, revenue recognition and segment reporting
  • Strong written and oral communication skills
  • Analytical mindset and ability to multitask
  • Strong skills in Microsoft Office Suite: Word, Excel, PowerPoint; ability to model and create complex spreadsheets, look up tables, pivot tables, and understand/analyze the results
  • Public accounting experience a plus
  • Public company experience a plus
  • US Statutory and/or IFRS accounting experience a plus
  • May require limited travel
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