Statutory Accountant

Company: Arch Capital Group Ltd.
Location: Jersey City
Posted on: May 16, 2022

Job Description:

The PositionWe are seeking a candidate for the Junior Accountant, Statutory Accounting position. This individual will be responsible for numerous activities within the department as well as have opportunities to liaise with various 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 will report to the AVP of Statutory Accounting . The ideal candidate has strong written and oral communication skills, an analytical mindset, strong Excel skills and the ability to multitask in order to effectively manage his or her time across various roles and responsibilities.Job Responsibilities* Responsible for assisting in the preparation of all NAIC and state regulatory filings for multiple insurance entities* Perform analysis over statutory aging of premium receivables by division ensuring adherence to accounting policy* Work with various departments to obtain required data for statutory filings.* Interact with various levels of management to obtain understanding of processes, risks and controls* Work collaboratively and display teamworkRequired Skills/Experience* Ability to "think outside the box" and evaluate processes to identify opportunities for improvement* Critical thinking and robust analytical skills* Statutory accounting knowledge including preparation of annual statements, combined annual statements and supplements a plus* Strong interpersonal, communication, and organization skills* Capability to function in a team environment while assuming increased responsibilities within a dynamic and growing organization* Exceptional work ethic, integrity and ability to work autonomously while effectively managing expectations* Inclination to adapt to new circumstances, information, and challenges, with a positive "can do" attitude* Strong Microsoft Excel skills with the ability to use complex formulas to manipulate large volume of data* Experience with Cognos, Alteryx ,TM1, Great Plains Eagle WINGS, GAIN Compliance and Onestream are a plusEducation* Degree in Accounting, Business Administration or Finance* 1-3 years of accounting or finance experience* Property/casualty insurance experience a plus.The CompanyArch 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.

Keywords: Arch Capital Group Ltd., Jersey City , Statutory Accountant, Accounting, Auditing , Jersey City, New Jersey