Lead the preparation and analysis of ASA reporting of MCE
Coordinate interaction with different departments and counterparties for the ASA reporting
Lead the preparation and analysis of MCE financial results including underwriting profit and loss statements, relevant balance sheet accounts and key operating metrics
Provide financial reports, analysis and insight for internal and external financial information clients
senior management, underwriting, etc.
Ensure that consistent and accurate reporting is communicated on a timely basis, while ensuring adherence to GAAP and Statutory Accounting principles
Ensure coordination of the accounting of premium recognition, cash application, loss activities, commissions, reserves, and reinsurance transactions
Conduct detailed flux analyses of relevant balance sheet and profit and loss accounts to understand if amounts are tracking or at variance with trend and expectation, providing insightful and concise commentary
Will have extensive interaction with various departments at Arch Insurance North America, including underwriting, actuarial, legal, reinsurance, claims and IT, to ensure a cohesive operation supporting MCE business
Coordinate interaction with Internal and External Auditors regarding risk, controls, SOX compliance for the MCE business.
Requirements
Bachelor’s Degree in Accounting/Finance Required
MBA and/or CPA preferred
7 to 10 years’ Insurance/Reinsurance experience working in a management capacity in Accounting/Finance
Extensive experience in financial accounting, preferably within the insurance industry, with a strong background in financial statement preparation, reconciliations and flux analysis.
Tech Stack
Flux
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