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AVP, Finance

McNeil & Co. · Jersey City, NJ, USA ·

Pay:
$123,400-$166,900/yr
Job type:
Full Time

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

Lead the preparation and analysis of ASA reporting for MCE.
Coordinate interaction with different departments and counterparties for ASA reporting.
Lead the preparation and analysis of MCE financial results, including underwriting profit and loss statements, relevant balance sheet accounts and key operating metrics.
Provide financial reports, analysis and insight for internal and external financial information clients – senior management, underwriting, etc. – to ensure consistent and accurate reporting is communicated on a timely basis, while ensuring adherence to GAAP and Statutory Accounting principles.
Ensure coordination of accounting of premium recognition, cash application, loss activities, commissions, reserves, and reinsurance transactions.
Conduct detailed flux analyses of relevant balance sheet and profit and loss accounts to understand if amounts are tracking or at variance with trend and expectation, providing insightful and concise commentary.
Engage extensively with various departments at Arch Insurance North America, including underwriting, actuarial, legal, reinsurance, claims and IT, to ensure cohesive operation supporting MCE business.
Coordinate interaction with internal and external auditors regarding risk, controls, SOX compliance for the MCE business.
Required Skills and Abilities

Exceptional work ethic, integrity and ability to work autonomously while effectively managing expectations.
Excellent analytical skills with an ability to interpret complex financial data and trends.
Experience in directing and mentoring staff, fostering a culture of collaboration, innovation, and continuous improvement.
Strong working knowledge of Microsoft Suite (Excel, Word, etc.).
Working knowledge of Workday general ledger.
Power BI knowledge a plus.
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.
Experience with and exposure to various operational disciplines (actuarial, underwriting, claims, IT, etc.).
Ability to effectively communicate analysis and conclusions to financial information end‑users.
Exceptional communication (written and verbal), evaluating, influencing, negotiating, listening, and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines.
Education & Experience

Bachelor’s Degree in Accounting/Finance required. MBA and/or CPA preferred. 7 to 10 years’ insurance/reinsurance experience working in a management capacity in accounting/finance. Extensive experience in financial accounting, preferably within the insurance industry, with a strong background in financial statement preparation, reconciliations and flux analysis.
Compensation & Benefits

Base salary range: $123,400 – $166,900 per year. Position is incentive eligible. Total individual compensation (base salary, short‑ and long‑term incentives) will consider geographic location, scope & responsibilities of the role, qualifications, talent availability and business needs.
Benefits include multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401(k) 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 up to 10 weeks; student loan assistance and tuition reimbursement; backup child and elder care; and more.

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