Full-Time

Finance Manager

Statutory Accounting

Posted on 12/13/2025

Arch Capital Group

Arch Capital Group

Underwrites insurance, reinsurance, and mortgage insurance

Compensation Overview

$79.9k - $107.9k/yr

Philadelphia, PA, USA + 3 more

More locations: Williston Park, NY, USA | Hartford, CT, USA | New York, NY, USA

Hybrid

Hybrid work model; on-site days required at Hartford, Jersey City, Philadelphia, or Garden City offices.

Category
Accounting (1)
Required Skills
Excel/Numbers/Sheets
Requirements
  • Ability to evaluate processes to identify opportunities for improvement
  • Critical thinking and robust analytical and documentation skills
  • Extensive understanding of Statutory Accounting Principles
  • Knowledge of property and casualty insurance operations
  • Strong interpersonal, communication, and organizational skills
  • Willingness to proactively collaborate and share information with other members of the team and the broader Finance group
  • Capability to function in a team environment while assuming increased responsibilities within a dynamic and growing organization
  • Exceptional work ethic, integrity, and the ability to work autonomously while effectively managing expectations
  • Strong Microsoft Excel skills with the ability to use complex formulas to manipulate large volume of data
  • Experience in financial reporting
  • Ability to multitask to effectively manage their time across various roles and responsibilities
Responsibilities
  • Responsible for preparation of NAIC and state regulatory filings for those insurance entities related to the MidCorp and Entertainment business and meeting strict reporting deadlines
  • Prepare and book Statutory journal entries
  • Review and analyze various reconciliations for nonadmitted assets
  • Work with various departments to obtain required data for statutory filings while developing strong relationships
  • Interact with various levels of management to obtain understanding of processes, risks, and controls
  • Provide executable recommendations that improve operations and finance functions
  • Assist with projects and initiatives within the Department
Desired Qualifications
  • Experience with Cognos, Alteryx, TM1, Workday, Sovos/Wings, GAIN Compliance and One Stream a plus
  • Prior management experience preferred

Arch Capital Group Ltd. operates globally in three segments: Insurance, Reinsurance, and Mortgage. The Insurance segment covers specialty lines, the Reinsurance segment handles property and casualty risk, and the Mortgage segment provides mortgage insurance and reinsurance products. The company underwrites policies, sets premiums to match risk, and earns investment income from premiums and investments. By focusing on disciplined underwriting, risk management, and capital allocation, Arch Capital aims to maintain financial strength and sustainable profitability while growing through prudent risk transfer.

Company Size

N/A

Company Stage

IPO

Headquarters

Hamilton, Bermuda

Founded

1995

Simplify Jobs

Simplify's Take

What believers are saying

  • Helix partnership with Somers Re provides expanded specialty insurance capacity globally.
  • Now Insurance investment positions Arch in high-growth AI medical liability segment.
  • $223 million green bond portfolio attracts ESG-focused institutional capital flows.

What critics are saying

  • GILTI tax rules impose 15% corporate tax on U.S. operations starting 2026.
  • Catastrophic hurricane losses in 2025 overwhelm property reinsurance reserves, force premium hikes.
  • FHFA capital requirements increase Arch MI reserves 10%, reducing return on equity.

What makes Arch Capital Group unique

  • Specialty insurance focus on difficult, unusual risks across 60 global offices.
  • World's largest mortgage insurer after acquiring AIG's United Guaranty in 2016.
  • Strategic minority stakes in Helix and Now Insurance expand AI-enabled capacity.

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Benefits

Hybrid Work Options

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