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Arch Capital Group Ltd. · 1 week ago

SVP, Financial Operations Advisory Lead

Hartford, CT

Full-time

Onsite

Director/Executive

$193K/yr - $273K/yr

15+ years exp

Arch Capital Group Ltd. is a company that promotes progress and inspires its clients, employees, investors, and communities. The Senior Vice President, Financial Operations Advisory Lead will be responsible for driving the Finance transformation agenda and ensuring alignment across all North America Finance priorities while overseeing customer change management and modernizing Financial Operations.

FinanceFinancial ServicesInsurance

Comp. & Benefits

Responsibilities

Provide strategic leadership to accelerate and guide the Finance transformation agenda

Ensure alignment across all NA Finance priorities (i.e. segment/product specific initiatives, enterprise-wide initiatives, and self-identified initiatives

Overseeing customer change management, guiding them through behavioral shifts necessary for the transition

Drive the embedding of enduring end-to-end finance processes (Billing, Reinsurance, Financial Operations) across onshore and offshore functions

Partner with finance and accounting teams to ensure accurate transaction recording and flow management

Anchoring transformation efforts in finance and accounting, with a strong understanding of insurance industry dynamics

Provide strategic leadership with a clear understanding of the significant financial implications of the transformation

Partnering with internal and external stakeholders to ensure cost-effective execution

Act as the subject matter expert before/during/after sessions for segment & cross-segment initiatives, ensuring strategic consistency

Driving the transformation over a 3–5-year horizon

Qualification

Business transformationChange managementFinance processesInsurance industry expertiseProgram managementOperational disciplinesLean CertificationCoaching skillsActive listeningNegotiation skillsAdaptability

Required

Dynamic and motivated individual, capable of handling complex structured tasks that require close attention to timing and detail, as well as unplanned projects and challenges that require effective and unique solutions, often in a compressed timeframe

Business transformation specialist with deep expertise in insurance, finance and reinsurance operations

Proven experience in change management, especially on the customer-facing side

Ability to grind through operational details while maintaining strategic oversight

Leader with expertise in business/IT change, business planning, budgeting, and initiative prioritization with extensive program and project management experience, including interdependency management

Strong understanding of Finance processes and systems and the ability to work within a global structure where certain core functions are modeled as shared services and managed by a corporate group

Experience with and exposure to various operational disciplines (underwriting, claims, IT, etc.) to ensure that finance is communicating between units and capturing all required information for downstream financial reporting. The ability to navigate between finance, reinsurance and billing functions

Strong active listening, coaching, and capability development skills

Proficient in analyzing customer feedback, building consensus at senior levels, and conveying technical concepts clearly

Effective at overcoming obstacles, negotiating resources, and fostering relationships across all organizational levels

Decisive and adaptable in fast-paced, dynamic environments

At least 15+ years of experience as a Transformation Executive; with demonstrated success in leading transformational change

Has experience working with North American Commercial Property & Casualty Insurance industry

Required knowledge & skills would typically be acquired through a bachelor's degree in finance, Accounting, or related field (or equivalent in experience)

Professional Lean Certification or similar certification, or experience implementing continuous improvement principles in service environments/organizations (e.g., Business Agility, Lean management techniques, Six Sigma certification, etc.)