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Mid-level accountant role in Jersey City (hybrid) focusing on U.S. GAAP close, financial reporting & insurance accounting.
Experience in Excel, SQL, Workday or similar tools, plus strong analytical and communication skills, with a compensation range of $71k‑$92k.
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℠.
RESPONSIBILITIES AND ACCOUNTABILITIES
Financial Close & Accounting Operations
Support the quarterly financial close process, including preparation of balance sheet reconciliations and flux analysis, variance analyses, and supporting schedules
Assist with cash flow flux analysis to support financial reporting, management review and corporate consolidations
Prepare and post journal entries with supporting documentation, ensuring compliance with internal controls and accounting standards
Support income statement close activities and assist with related financial reporting deliverables
Support the financial consolidation process, performing system reconciliations to ensure data accuracy and consistency across reporting platforms
Insurance Accounting & Reporting Support
Conduct premium receivable aging analysis by business division, monitor bad debt reserves, and support CECL reserve calculations
Prepare Excess Ceding Commission and Deferred Ceding Commission calculations in accordance with accounting policies
Assist with the preparation of quarterly financial reports and Management Discussion & Analysis (MD&A) materials
Perform Deferred Acquisition Cost (DAC) calculations and support related reporting
Review Incurred But Not Reported (IBNR) reserves, case reserve discounting, and other activity prior to ledger integration
Data, Systems & Process Improvement
Provide ad hoc financial analysis and reporting to support management decision-making
Identify opportunities to enhance reporting efficiency through process improvements, automation, and data integration, including development of Excel macros, automated reporting templates, or system-based solutions
Contribute to finance transformation initiatives , including implementation of new systems, tools, and reporting processes
Maintain a strong commitment to accuracy, data integrity, and internal control compliance
REQUIRED SKILLS AND ABILITIES
Strong understanding of U.S. GAAP and financial statement analysis
Advanced Microsoft Excel skills, including complex formulas and pivot tables, data modeling, and automation techniques
Demonstrated interest in using technology and data to improve accounting and reporting processes, including the ability to cleanly, clearly, and professionally present financial data in well‑structured models, reports, and management‑ready outputs
Experience with data querying tools (e.g., SQL), financial data extraction, or automation techniques to improve reporting efficiency is a plus
Experience developing automated or dynamic financial reports
Ability to analyze large datasets and synthesize insights into actionable financial information
Strong analytical, organizational, and problem‑solving skills
Excellent communication and collaboration skills with the ability to work cross‑functionally
Demonstrated ability to manage multiple priorities and meet tight reporting deadlines
High level of attention to detail and commitment to data accuracy
Experience working in a fast‑paced, high-volume finance environment
Familiarity with financial reporting tools such as Workday, TM1, or OneStream is a plus; ability to quickly learn new tools
EDUCATION/EXPERIENCE
Bachelor’s degree in Accounting, Finance, or a related field
2–4 years of accounting, financial reporting, or finance experience, preferably within the insurance industry
Experience with Property & Casualty insurance accounting strongly preferred
Experience supporting public company financial reporting or close processes is a plus
CPA or progress toward CPA certification preferred but not required
Compensation and Benefits
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.
$71,000 - $92,000/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.
Benefits
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.
Additional Information
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.
14400 Arch Insurance Group Inc.