AVP, Finance

Role Overview

• 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

Requirements

• 7+ years of North American property and casualty insurance industry experience
• Bachelor’s 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

Benefits

• Multiple medical plans plus dental, vision and prescription drug coverage
• 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