The Accountant supporting Alternative Markets line of business will work with the Alternative Markets Underwriting team, IT personnel, TPA’s, (where applicable) and Reinsurers on a day to day basis as far as data requested and verification of the data presented by the Underwriting team. The Accountant is responsible for the recording of the Underwriting Results by individual account (Gross and Ceded) and the analysis thereof for profitability. The position also calls for the reconciliation of the General Ledger for all Balance Sheet accounts that pertain to the division. In addition, the Accountant’s position involves the preparation of the ancillary schedules for Annual Statement purposes. They are also involved in the preparation of the Reinsurance Statement for submission to the Reinsurers and the application of cash thereof. The position is also responsible for the calculation of the Funding Requirements at year-end and submission to the Unauthorized Quota Share Reinsurers for collateral purposes.
Arch Insurance is a global insurer offering our clients superior coverage and service. We embody the Arch guiding principle of focusing on retaining experienced and talented employees to differentiate us from the rest of the pack. Our group operates from offices in the US, Canada, Bermuda, UK, Australia and South Africa, providing specialty risk solutions to clients worldwide across a wide range of industries. With over ten years of operating history and strong financial ratings, our track record remains solid.
Arch Insurance employs a disciplined underwriting approach and prudent risk selection across all types of business. Our mission is to provide our insureds with superb coverage and claims handling through careful and diligent underwriting of risks and business-friendly solutions. Across our global operations, Arch Insurance employees are ready to meet your needs with professionalism and excellence.