Arch Capital Group Ltd.

Manager, Collateral Management

Arch Capital Group Ltd.  •  $96k - $129k/yr  •  Raleigh, NC (Hybrid)  •  4 days ago
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Job Description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

The Position

The Manager, Collateral Management position will join the central Global Treasury practice, focusing on insurance and reinsurance collateral management for group companies, and will assist with implementing process improvements that are compliant with group policies and controls, including increasing the scalability and automation of collateral management procedures. The role will require close coordination with internal customers and stakeholders. The role may operate independently on elements of complex projects and initiatives as well as part of the broader team.

This role would sit in either our Raleigh, NC office or our White Plains, NY office with two days in the office, three days remote. This role will also require quarterly travel.

Job Responsibilities

  • Support system enhancements and monitor project releases, including user training, regular reporting, and administration of an enterprise-wide system.
  • Implement best practice procedures to coordinate and integrate collateral management for maximum efficiency.
  • Collate and report metrics to demonstrate progress toward group goals.
  • Collaborate with Arch Investment Management to efficiently manage posted collateral, state deposit obligations, and intercompany transactions.
  • Support relationships with third party contacts (trustees, banks, state departments, reinsurers).
  • Perform functions relating to the organization, retention, and safeguarding of original documentation.
  • Maintain and organize records and company databases.
  • Provide support for collateral matters across functional teams and business units.
  • Maintain a flexible approach to responsibilities, priorities, and problem solving when managing time and resources.
  • Execute measures to ensure compliance with contractual and regulatory mandates regarding trust collateral, letters of credit, and state deposits.
  • Assess, implement, and monitor controls for collateral management including SOX and auditor walkthroughs.
  • Identify and resolve issues relating to Insurance and Reinsurance Trust, Letter of Credit, and Surety Bond collateral.

Required Skills/Experience

  • · 5-10 years collateral management or related experience.
  • · Prior experience with collateral management practices, including trust account management, legal agreement reviews, investment, and standby letter of credit knowledge is beneficial.
  • · Analytical, problem solving, and planning skills.
  • · High level of accuracy and attention to detail.
  • · Ability to take initiative, collaborate, and provide business support.
  • · Ability to see the big picture and identify opportunities to increase efficiency.
  • · Excellent written and verbal communication, interpersonal, and presentation skills, utilized to effectively interface with and influence internal and external contacts.
  • · Proficient with MS Office.

Desired Skills/Experience

  • · Advanced Microsoft Excel, Power BI, and PowerPoint skills.
  • · Skills in various Treasury and/or Collateral management systems are a plus, including integration of automation tools.
  • · Complete understanding of standby letters of credit as collateral instruments.
  • · Experience in dashboard and leadership-level presentations.

Education

  • · Bachelors degree in related fields.
  • · Achieved or are working toward a professional qualification in treasury or broader finance field is highly desirable.

#LI-AT1

#LI-hybrid

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$95,700 - $129,141/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes 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 as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

10200 Arch Capital Services LLC

Arch Capital Group Ltd.

About Arch Capital Group Ltd.

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.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Bermuda (Pembroke, BM
Year Founded
Unknown
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