Arch Insurance Group Inc. is a company focused on collaboration, expertise, and innovation, aiming to inspire progress for clients, employees, and communities. The Accountant position is responsible for managing all accounting tasks for the insurance company, including financial reporting, premium recording, and loss handling, while collaborating with various departments. This role offers a growth opportunity within a dynamic organization and includes hybrid work options.
Responsibilities
- Responsible for financial close activity, including but not limited to:
- Prepare various business unit financial statements and supporting exhibit
- Prepare balance sheet reconciliations
- Process manual entries to sub-ledger and general ledger:
- Calculate reinsurance transactions according to contracts
- Prepare Reinsurance Statements monthly
- Process all Reinsurance related cash activity and update applicable sub-ledgers
- Assist with financial audits
- Participate in special projects and financial analysis as assigned by management
Skills
- Highly proficient with Excel, including strong knowledge of vlookups, pivot tables, formulas, and data management, MS Word, Outlook
- Working knowledge of Workday Financials or other cloud ERP systems
- Experience with Business Intelligence tools (i.e. Power BI)
- Exemplary oral and written communication skills, with keen ability to analyze issues
- Proactive and able to organize and prioritize to meet multiple demands and commitments
- Ability to improve and evaluate processes to identify opportunities for improvement
- Bachelor's Degree in Accounting or Finance
- 1+ years of financial analysis and accounting experience, excluding internship experience, preferably in insurance, financial services, or a public organization
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 Offer
- Basic Life and AD&D Insurance
- Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance
- Tuition Reimbursement
- Backup Child and Elder Care
Company Overview
Arch Insurance Group Inc., a division of Arch Capital Group Ltd. (ACGL), is a market-leading specialty insurer. It was founded in 2002, and is headquartered in Jersey City, New Jersey, USA, with a workforce of 1001-5000 employees. Its website is https://insurance.archgroup.com.Company H1B Sponsorship
Arch Insurance Group Inc. has a track record of offering H1B sponsorships, with 18 in 2025, 18 in 2024, 10 in 2023, 10 in 2022, 8 in 2021, 3 in 2020. Please note that this does not guarantee sponsorship for this specific role.