Arch

Business Analyst

Entity Arch Insurance Group Inc (U.S.)
Job Locations US-NJ-Jersey City
Job ID
2020-3506
Business Segment
Insurance
# of Openings
1
Category
Actuarial

The Position

In this position you will be working within the Corporate Actuarial Department of a dynamic insurance company collaborating with finance, IT and partnering with fellow Business and Database Analyst team members, as well as Actuarial Analysts to carry out the functions necessary to support the actuarial reserving processes and corporate financial reporting.  Other functions specific to this team are managing SOX controls and managing statutory data updates.

Job Responsibilities

  • Manage the flow of data from Finance/IT to Actuarial on a quarterly basis, including file manipulation into standardized form
  • Identify, analyze and draw conclusions using financial reporting tools and the general ledger
  • Streamline reconciliations and obtain sign-offs from team members
  • Document business processes and best practices, including SOX reports
  • Work on ad hoc projects and reports

Required Skills/Experience

  • MS Excel (advanced spreadsheet knowledge, formulas, pivot tables, MS Query, macros, etc.)
  • Working knowledge of SQL database functionality
  • Background in insurance, accounting, or reporting
  • Ability to stay organized, manage multiple priorities and respond to critical needs of the Actuarial, Executive, and Finance departments
  • Strong verbal, written and technical communication skills
  • Ability to perform in a fast paced environment, keeping track of details and seeing tasks through to completion

Desired Skills/Experience

  • Knowledge of other MS Office products: Word, Access, Visio, Outlook
  • Familiarity with Cognos or other business intelligence and reporting services
  • Ability to trouble shoot and problem solve
  • Ability to identify opportunities and strategies to improve existing process efficiency (proactive and active)
  • Ability to interact with senior management in a professional manner
  • Background in finance or actuarial science a plus

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, and Australia, 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.

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