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℠.
Role Summary and Purpose
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The senior syndicate accountant in the team is performing monthly accounting close functions through applying accounting policies, and presents financial results to senior management. The role is to assist the production of regulatory reporting on a UK GAAP and Solvency II basis for the Arch entities.
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Oversea two junior team members to ensure accurate completion of general ledger and reconciliation work.
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Complete the preparation, review and submission of external regulatory & internal management & ‘Group’ reports
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Completion of Lloyd’s reporting – QMA, QMB, QF1, GQD, TPD, TRIA, NAIC, US SITUS reporting.
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Statutory accounts and underwriting year accounts completion for S2012
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Provides assistance, to the completion of Solvency II reporting – QSR, QAD and ASR reporting for S2012, S1955 & AIUK
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Complete Board, Audit Committee and review papers to ensure accurate and timely regulatory reporting
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Assist in the GAAP and STAT financial close (compile data for P&L calculations, assist in the Balance Sheet roll forward and maintenance, etc.)
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Complete quarterly reconciliations for internal controls and SOX for S2012.
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Work directly with auditors to ensure a successful audit completion
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Any other duties as required
Skills / Competencies
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knowledge of financial reporting requirements, and GAAP and Statutory Accounting Principles
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Lloyd’s & other UK regulatory reporting for specialty insurance
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Ability to understand and apply financial reporting practices and procedures, and implement internal control processes
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Solid understanding of month-end close process and account analysis
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Good analytical, problem solving, and decision-making skills. High degree of accuracy and attention to detail
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Good communication and interpersonal skills
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Strong time management and organizational skills with the ability to consistently meet deadlines
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Ability to work collaboratively with others within the department and across the Company
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Strong knowledge of Excel including complex functions
Qualifications
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Bachelor’s degree in Accounting or related fields and CPA or Chartered Accountant.
Experience
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Lloyd’s Syndicate reporting experience (Min 5 years)
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Post qualified experience 3 years or above.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
14101 Arch Europe Insurance Services Ltd
What We Do
Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.
ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.