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AVP, Business Analyst

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Arch Insurance Group Inc (U.S.)

2021-12-03 17:30:07

Job location Jersey City, New Jersey, United States

Job type: fulltime

Job industry: Consulting & Corporate Strategy

Job description

The Position:

In this position you will be working within the Corporate Actuarial Department of a dynamic insurance company collaborating with finance and IT obtaining financial data to load into the groups financial reporting database. You will be managing Business Analysts and partnering with Database Analyst team members, as well as Actuarial Analysts to carry out the functions necessary to support the actuarial reserving processes and corporate financial reporting. Other functions specific to this team are managing SOX controls, managing statutory data updates and producing various other reports. This is an exciting opportunity to get your foot in the door of a fresh thinking company with many opportunities to grow and advance in the insurance industry.

Job Responsibilities:
  • Manage the flow of data from Finance/IT to Actuarial on a quarterly basis
  • Identify, analyze and draw conclusions using financial reporting tools and the general ledger
  • Streamline reconciliations and obtain sign-offs from team members
  • Document business processes and best practices, including SOX controls
  • Manage projects, oversee all reporting and reconciliations and work performed by business analysts
Required Skills/Experience:
  • MS Excel (advanced spreadsheet knowledge, formulas, pivot tables, SQL, macros, etc.)
  • Background in insurance, or accounting and financial reporting
  • Ability to stay organized, manage multiple priorities, and respond to critical needs of the Actuarial, Executive, and Finance departments
  • Managerial and supervisory experience
  • Strong verbal, written and technical communication skills
  • Ability to perform in a fast paced and detail oriented environment, while seeing tasks through to completion

Desirable Skills:

  • Knowledge of Agile development tools and MS Office products: Word, Visio, Outlook
  • Familiarity SQL database functionality (SSIS/AS/RS tools)
  • Ability to trouble shoot, problem solve and improve upon existing processes to enhance efficiency and data quality
  • Ability to interact with senior management in a professional manner
  • Background in finance or actuarial science a plus
The Company:

Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK, and Australia, providing specialty risk solutions to clients worldwide across a wide range of industries.

With nearly 20 years of operating history and strong financial ratings, our track record remains solid.

Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.

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