AGSI was incorporated in April 2016. We are committed to supporting the goals of Arch divisions through exceptional service delivery. We pride ourselves on maintaining flexibility and responsiveness to adapt to business unit and industry demands while focusing on sound project management. We are dedicated to growing and developing our employees as we build strong teams with strategic leadership.
The Finance Analyst is responsible for collection, organization, interpretation, analysis, recording, documentation and dissemination of financial information. The candidate will process and reconcile finance related transactions with a strong focus on accuracy, timeliness, customer service and the ability to work in a fast-paced environment. The candidate will provide support during night shift corresponding to Bermuda working hours and be part of the Finance team.
Job Responsibilities:
• Financial Reporting
• Prepares and draft bordereaux reporting for review
• Assist with journal entries
• Assist in the preparation of Insurance Premium Tax filling
• Implement GAAP standards and Sarbanes-Oxley (SOX) audit requirements
• Provide customer service to internal and external customers
• Assist with various projects that entail analysis and reconciliation
• Assist in the quarterly management reports (preparation, review and analysis of reports)
• Meet various deliverables for monthly and quarterly financial close
• Collaborate with both onshore and offshore teams to meet departmental goals Underwriting
• Reviews and validates the insurance policy for its accuracy and correctness in the underwriting system
• Ability to settle any issues and recommend solutions
• To work closely with the underwriting team in the completion of monthly closes Claims
• Will assist in the review of claims and validate supporting documents
• Will perform monthly/quarterly analysis
• To work closely with the underwriting team in the completion of monthly close BDX reporting
• Prepares and draft bordereaux reporting for review Cash management
• Accurate and timely turnaround on all payables (return premiums, claims, refunds)
• Recording of daily cash transactions and pairing in the underwriting system
• To identify tax and forex components of remittance
• Excellent communication and interpersonal skills
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
• In-depth knowledge of and experience with reporting packages and financial systems
• Insurance experience is desired but not a mandatory requirement
• Basic understanding of project management concepts and understanding of insurance terminology preferred
• Strong financial and analytical skills
• Great Plains general ledger knowledge
Arch is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, with corporate headquarters in Bermuda.
Our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Since our formation in 2001, Arch has grown organically, by building capacity in diverse lines of insurance, and through targeted acquisitions of businesses that enhance our offerings and fit our culture.
We see our employees as our greatest asset and we’re deeply committed to doing what’s right for our people and the communities where we live and work. That’s why we offer what matters to our expanding, diversifying team — from a collaborative and creative environment, to professional growth opportunities and forums to advocate for one another and spark change.
As a corporation, we support initiatives to improve housing, education and equity around the world. At the same time, we encourage our employees to give to the causes that matter to them by providing Volunteer Time Off and Matching Gifts programs.
Whether you’re looking for an insurance solution, a place to grow your career or simply to better understand what we offer our shareholders, we’re glad you’re here.
ATTENTION JOB SEEKERS
Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.
If you receive a communication or email, please be vigilant to fraudulent activity asking you to submit any personal information. DO NOT send money or share any details with someone suggesting they can provide employment with Arch. Your information should only be entered into our official job portal.
Please know the following about our interviewing and hiring practices:
We never make job offers without a formal interview process. We never ask you to send money of any kind.
