AVP, Treasury

Entity Arch Insurance Group Inc (U.S.)
Job Locations US-NJ-Jersey City
Job ID
Business Segment
# of Openings

The Position

The AVP, Treasury will be responsible for Managing and Monitoring Cash Operations including Cash Positioning, Cash Forecasting, Short Term Investing, Wire Transfer Payments, Account Maintenance and Funding, Fraud Prevention, and Bank Account Set Up/Maintenance and Bank Relationship Management. They will also be responsible for Assessing and Recommending Products and Service Technologies and Systems that are available and appropriate for Treasury Operations.  The AVP will have management responsibility for a staff which consists of a Director, Manager and Senior Accountant.  

Job Responsibilities

  • Develop systems and processes to monitor and control cash management activities and ensure system security for all banking systems
  • Ensure Treasury activities are in compliance with Treasury policies, accounting guidelines, governance policies, and internal controls
  • Manage and respond to all audit requests, work with external and internal auditors on supporting information requirements
  • Oversee cash management initiatives, bank relationships, and day to day treasury operations
  • Ensure timely and accurate reporting and recording of cash receipts and disbursements
  • Maintain, promote, and help negotiate banking relationships, monitor bank fee analysis reports
  • Manage and develop direct reports and all related activities
  • Guide staff in developing reports, models, templates, and methodologies as well as new processes and/or tools to enhance efficiency and execution
  • Maintain effective relationships with staff, management, fellow employees, while fostering a spirit of teamwork
  • Maximize investment and liquidity strategies
  • Monitor and manage the Company’s daily cash position and evaluate short term investment opportunities
  • Oversee the daily, monthly, and quarterly cash projections to accurately forecast cash balances or borrowing needs
  • Ensure that deadlines are effectively managed and met
  • Review current systems and daily processes, oversee daily integration procedures and work with IT to rectify problems as required
  • Benchmark Corporate short term and long term investments and identify investment opportunities, prepare and present reports on cash needs for Sr. management
  • Develop and execute strategies to improve Treasury processes and controls
  • Periodically review fraud prevention measures and meet with bank representatives to go over current enhancements

Required Skills/Experience

  • 10 + years Corporate Treasury or related experience
  • Certified Treasury Professional (CTP), CPA, and/or CFA is desirable
  • Experience in financial services industry, especially in the commercial property casualty insurance space, preferred
  • Exposure to other forms of bank collateral (letters of credit, trusts, etc.), Great Plains, Treasury Management Systems, and external banking systems, a plus
  • Experience managing and mentoring staff

Desired Skills/Experience

  • Expertise in Treasury Operations
  • Strong analytical, problem solving, decision-making, strategic thinking and planning skills. High level of accuracy and attention to detail.
  • Must have a thorough knowledge of cash management/deposit products and services
  • Ability to work independently while exercising good judgement
  • Excellent communication skills; strong interpersonal skills
  • Superior organization skills
  • Ability to multitask
  • Proficiency in all Microsoft applications including the ability to utilize pivot tables and manage large data sets
  • Proficiency with computer platforms and applications


  • Bachelor’s Degree in Finance/Accounting

The Company

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.


Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed