AVP, Finance responsible for accounting/reporting related to Premiums in National Accounts, Construction and Retail Energy business units. Collaborating with various departments to enable efficient operations within a hybrid work structure.
Responsibilities
Cultivate strong business partnerships while gaining a thorough understanding of the business being supported; leverage understanding of business to make informed recommendations.
Work closely with underwriting team to understand the business and provide the financial operational support needed
Manage the accounting and reporting for premiums for National Accounts, Construction and Retail Energy business units on a monthly basis, and as part of the quarterly close process.
Oversee the booking of premium, commission, accruals, loss sensitive adjustments, dividends, etc.
Work closely with underwriting, credit, receivables and BU finance claims on reviewing and approving collateral adjustments
Track and manage both static and depleting cash collateral; participate in building a new process to support cash collateral.
Oversee balance sheet reconciliation process for related accounts
Provide analysis of business for premiums, accruals, commissions, earnings; provide corporate with the Management Discussion & Analysis (MD&A) reporting on a quarterly basis
Lead the team in critical Arch Data Transformation efforts, including testing and implementation of BU ,vertical data store, Finance horizontal data store, process improvements and data quality/consistency issues
Help identify inefficiencies and implement changes that will increase the operational efficiencies of the business and will enable the department to support current and anticipated growth in the business
Will have extensive interaction with various departments/disciplines, including other areas in finance, actuarial, legal, underwriting, credit, ops and IT.
Completion of key assignments/special projects
Requirements
7+ years of North American property and casualty insurance industry experience
Bachelor’s degree in Finance or Accounting
Experience with Loss Sensitive insurance including large deductibles preferred
Certified Public Accountant or Chartered Accountant is a plus
CPCU or other Insurance designations is a plus
Benefits
Multiple medical plans plus dental, vision and prescription drug coverage
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 Off
Basic Life and AD&D Insurance as well as Short and Long-Term Disability
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