Senior Accountant, Statutory Accounting

Arch Insurance Group Inc.•Jersey City, NJ

21h•Onsite

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℠. 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. This role offers the opportunity for the individual to grow and develop within the Finance Department. 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.

Requirements

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
Bachelor’s Degree in Accounting, Business Administration or Finance
3-5 years of accounting or finance experience with a property and casualty insurance organization
Statutory accounting knowledge including preparation of annual statements and supplements

Nice To Haves

Experience with Cognos, Alteryx, Workday, Sovos/Wings, GAIN Compliance and One Stream a plus

Responsibilities

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
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