Accountant

Arch Insurance Group Inc.•Jersey City, NJ

1d•$71,000 - $92,000•Hybrid

About The Position

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℠.

Requirements

Strong understanding of U.S. GAAP and financial statement analysis
Advanced Microsoft Excel skills, including complex formulas and pivot tables, data modeling, and automation techniques
Demonstrated interest in using technology and data to improve accounting and reporting processes, including the ability to cleanly, clearly, and professionally present financial data in well‑structured models, reports, and management‑ready outputs
Experience with data querying tools (e.g., SQL), financial data extraction, or automation techniques to improve reporting efficiency is a plus
Experience developing automated or dynamic financial reports
Ability to analyze large datasets and synthesize insights into actionable financial information
Strong analytical, organizational, and problem-solving skills
Excellent communication and collaboration skills with the ability to work cross-functionally
Demonstrated ability to manage multiple priorities and meet tight reporting deadlines
High level of attention to detail and commitment to data accuracy
Experience working in a fast-paced, high-volume finance environment
Familiarity with financial reporting tools such as Workday, TM1, or OneStream is a plus; ability to quickly learn new tools
Bachelor’s degree in Accounting, Finance, or a related field
2–4 years of accounting, financial reporting, or finance experience, preferably within the insurance industry

Nice To Haves

Experience with Property & Casualty insurance accounting strongly preferred
Experience supporting public company financial reporting or close processes is a plus
CPA or progress toward CPA certification preferred but not required

Responsibilities

Support the quarterly financial close process, including preparation of balance sheet reconciliations and flux analysis, variance analyses, and supporting schedules
Assist with cash flow flux analysis to support financial reporting, management review and corporate consolidations
Prepare and post journal entries with supporting documentation, ensuring compliance with internal controls and accounting standards
Support income statement close activities and assist with related financial reporting deliverables
Support the financial consolidation process, performing system reconciliations to ensure data accuracy and consistency across reporting platforms
Conduct premium receivable aging analysis by business division, monitor bad debt reserves, and support CECL reserve calculations
Prepare Excess Ceding Commission and Deferred Ceding Commission calculations in accordance with accounting policies
Assist with the preparation of quarterly financial reports and Management Discussion & Analysis (MD&A) materials
Perform Deferred Acquisition Cost (DAC) calculations and support related reporting
Review Incurred But Not Reported (IBNR) reserves, case reserve discounting, and other activity prior to ledger integration
Provide ad hoc financial analysis and reporting to support management decision-making
Identify opportunities to enhance reporting efficiency through process improvements, automation, and data integration, including development of Excel macros, automated reporting templates, or system-based solutions
Contribute to finance transformation initiatives, including implementation of new systems, tools, and reporting processes
Maintain a strong commitment to accuracy, data integrity, and internal control compliance