Financial Analyst

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℠.

Job Summary

The Financial Analyst is an integral role within the Corporate Finance Group, and is responsible for supporting the quarterly financial close process and reporting for the Insurance Segment. This role is critical in supporting the growing operations within Arch and the strategic plan for the Corporate Finance department. This includes preparation of various accounting entries, financial schedules and reports.

Responsibilities and Accountabilities

• Prepare various quarterly financial reporting schedules and variance analysis

• Coordinate with worldwide insurance segment teams to produce quarterly reports and management discussion and analysis report (MD&A)

• Prepare various quarterly close activities including journal entries for Deferred Acquisition Costs (DAC)

• Work closely with key business partners to facilitate an efficient quarterly close to meet reporting deadlines

• Support ad-hoc requests for financial information from various corporate and business partners

• Support adherence to internal controls and applied awareness of risk areas

• Assist with fulfilling and responding to external audit requests

• Other duties, as requested

Required Skills and Abilities

• Strong interpersonal, communication, and organization skills 

• Knowledge of GAAP and financial statement analysis

• High attention to detail, a desire for accuracy, and a strong sense of urgency are a must

• Experience working in a high-volume, fast-paced environment

• Detail-oriented, analytical and able to multi-task under tight time frames

• Proven ability to analyze data and the underlying drivers of financial results

• Knowledge of property and casualty insurance operations

• Inclination to adapt to new circumstances, information, and challenges

• High level of proficiency in Microsoft Excel with ability to use complex formulas to manipulate data, by sorting, filtering including pivot tables, and functions such as VLOOKUP, SUMIF, SUMPRODUCT, and what-if scenarios

Desired Skills and Abilities

• Experience in public company financial reporting

• Experience with Cognos, TM1, Great Plains, Workday or Onestream

Experience and Education

• Bachelor’s Degree in Accounting or Finance

• Professional designation (e.g. CPA) beneficial, not required

• 3+ years of accounting, finance or financial reporting experience, preferably in the property & casualty insurance industry

For individuals assigned or hired to work in California, Colorado, Hawaii, Jersey City, NJ; New York State; and/or Washington State, the base salary range is listed below. This 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 range may be modified in the future

• Click here to learn more on available benefits

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.