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Arch Insurance Group Inc. · 1 week ago

Director, Finance

Jersey City, NJ

Full-time

Onsite

Mid, Senior Level

$80K/yr - $108K/yr

6+ years exp

Arch Insurance Group Inc. is committed to promoting progress and inspiring clients, employees, and communities. The Director of Finance will be integral in managing expense strategies, providing budgeting guidance, and ensuring financial transparency across the organization.

FinanceFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Monitor and analyze expense trends, identifying opportunities for cost savings and efficiency

Develop and implement policies and controls to optimize expense management across departments

Ensure compliance with corporate expense policies and regulatory requirements

Partner with business leaders to prepare annual budgets and periodic forecasts, including insightful analytics to isolate trending and meaningful drivers

Provide actionable insights and recommendations to support financial decision-making

Facilitate budget reviews and variance analysis to maintain alignment with organizational goals

Align business’s services rendered to its expense allocations back to the sub-businesses

Oversee timely and accurate preparation of expense reports for internal and corporate stakeholders, including quarterly results packages, management discussion and analysis documents, waterfall analysis, and other management reporting documents

Partner with Arch Capital Services (Corporate) to define standardized reporting processes and tools to enhance visibility and accountability

Ensure adherence to deadlines for monthly, quarterly, and annual reporting cycles

Manage workflow approvals for 3rd party expense invoices and financial adjustments (accruals, expense reclasses, balance sheet liabilities, etc.)

Lead the consolidation of financial results across multiple Business / Service units

Maintain accuracy and integrity of consolidated financial statements

Prepare analysis for management and corporate deliverables, including finance leadership reviews, executive summaries, management discussion and analysis documents, M&A integration costs, and other key deliverables

Collaborate with peers to ensure proper reconciliations and eliminations

Serve as a trusted advisor to senior management on financial performance and expense strategies

Mentor and develop finance team members to build a high-performing organization

Drive cross-functional collaboration to align financial objectives with operational priorities

Qualification

Financial systems proficiencyExpense management strategyBudgetingForecastingGAAP knowledgeMicrosoft Office SuiteAnalytical skillsStakeholder managementProcess improvementCommunication skillsInterpersonal skills

Required

Strong skills in Microsoft Office Suite: Word, Excel, PowerPoint; ability to model and create complex spreadsheets, look up tables, pivot tables, and understand/analyze the results

Advanced proficiency in financial systems and reporting tools (e.g., Workday, Anaplan, TM1)

Exceptional analytical, communication, and stakeholder management skills

Knowledge of GAAP and Statutory financial statement analysis

Ability to improve and evaluate processes to identify opportunities for improvement

Excellent interpersonal skills and track record of effective interactions with individuals at all levels of the organization

Bachelor's degree in Finance, Accounting, or related field

6+ years of progressive finance experience, including leadership roles

Preferred

MBA or CPA

Benefits

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

Short and Long-Term Disability

Paid Parental Leave of up to 10 weeks

Student Loan Assistance

Tuition Reimbursement

Backup Child and Elder Care

Company

Arch Insurance Group Inc.

Arch Insurance Group Inc., a division of Arch Capital Group Ltd. (ACGL), is a market-leading specialty insurer.

Founded in 2002

Jersey City, New Jersey, USA

1001-5000 employees

https://insurance.archgroup.com

H1B Sponsorship

Arch Insurance Group Inc. has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (18)

2024 (18)

2023 (10)

2022 (10)

2021 (8)

2020 (3)