Talent.com
Manager, Finance - Statutory Accounting

Manager, Finance - Statutory Accounting

Arch Capital GroupHartford, CT
16 days ago
Job type
  • Full-time
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

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.

This role can sit in either the Hartford, CT or Jersey City, NJ office on a hybrid schedule of two days in the office, three days remote.

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 AND EXPERIENCE

  • 5+ 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
  • Management experience is preferred but not required

    • 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.

    14400 Arch Insurance Group Inc.

    Create a job alert for this search

    Manager Finance Accounting • Hartford, CT