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Assistant Controller

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℠.

Job Summary

Arch Re is a well-capitalized, leading diversified insurer that focuses on supplying significant capacity to the global reinsurance marketplace. We have the worldwide reach, agility and resources to support ceding companies capitalizing on changing market conditions and new opportunities in various lines and geographic areas around the globe. Our business strategy keeps operational controls tight and costs low, helping to maximize efficiencies for our broker partners. A subsidiary of Arch Capital Group Ltd., Arch Re has been recognized by clients around the globe for providing expert underwriting, skilled claims management, outstanding service and world-class product offerings.

Job Description/Expectations

  • Oversee the preparation and delivery of quarterly and annual financials in compliance with GAAP to Group Consolidations accurately and timely.
  • Understand business structure, intercompany relationships, and data flows/sources
  • Assist in preparation of quarterly MD&A as well as Group MD&A documents
  • Coordinate enhancement projects across various systems and platforms
  • Liaise with auditors and assist in audit related requests along with aggregating quarterly compliance-related evidence.
  • Provide guidance to interns, consultants and finance team members, fostering a culture of continuous improvement, teamwork and positivity.
  • Improve the accuracy and speed of gathering, analyzing and reconciling data by utilizing automation features within Workday and other available tools
  • Cultivate valuable relationships with cross-functional teams as well as affiliated counterparts via collaboration.

Skills

  • Positive Proactive Attitude and energy for solving problems and seeking out new approaches
  • General Accounting proficiency with Bank Reconciliations, Expenses, Accruals, Prepaids, Fixed Assets, Financial Reporting and reconciliation
  • Natural ability to take initiative, prioritize and self-manage with a positive attitude and work ethic with cognizance of team importance
  • Capable of identifying and solving problems using good judgment
  • Strong organizational and time management skills
  • Ability to communicate effectively with individuals at all levels and in all areas of the organization
  • Very strong analytical, documentation, organizational and communication skills
  • Proficiency in Microsoft Excel including advanced pivot, macro skills
  • Familiarity with Workday, Power BI a plus

Qualifications

  • 2-3 years of technical reinsurance accounting experience.
  • CPA and Big 4 experience preferred 
  • Minimum 3-5 years in Senior Accountant role or similar

#LI-hybrid

#LI-AT1

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.

13100 Arch Reinsurance Company

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What You Should Know About Assistant Controller, Archgroup

Ready to take the next step in your finance career? Look no further than Arch Re, where we’re on the hunt for an Assistant Controller in Morristown, NJ! At Arch Re, we pride ourselves on a culture of collaboration, innovation, and expertise. As an Assistant Controller, you’ll play a critical role in overseeing the preparation and delivery of quarterly and annual financial statements, ensuring strict compliance with GAAP. Your sharp understanding of business structures and intercompany relationships will be vital as you coordinate enhancement projects across various systems. Not to mention, you will provide guidance to our fantastic finance team, fostering a culture of teamwork and positivity. If you have a knack for problem-solving and a proactive attitude, you will thrive in this role! Your expertise in general accounting and advanced proficiency in Microsoft Excel—including pivot tables and macros—will help improve the accuracy of financial data analysis. We're looking for a candidate with 2-3 years of technical reinsurance accounting experience and familiarity with platforms like Workday or Power BI is a plus! Join us at Arch Re, where your contributions will truly make a difference in enabling possibilities for our clients and communities. If you're excited about navigating the world of finance with a talented team by your side, apply today and explore the endless potential that awaits!

Frequently Asked Questions (FAQs) for Assistant Controller Role at Archgroup
What are the core responsibilities of the Assistant Controller at Arch Re?

As the Assistant Controller at Arch Re, your core responsibilities include overseeing the preparation and delivery of quarterly and annual financials in compliance with GAAP, coordinating enhancement projects across systems, and liaising with auditors. You’ll also provide guidance to team members and utilize automation tools to improve efficiency, ultimately supporting the company's mission to enable possibilities in the reinsurance marketplace.

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What qualifications are needed for the Assistant Controller position at Arch Re?

To qualify for the Assistant Controller position at Arch Re, candidates should possess 2-3 years of technical reinsurance accounting experience. It's preferred to have a CPA credential and experience in a Big 4 firm. A minimum of 3-5 years in a Senior Accountant role or a similar position is also essential, ensuring that you're equipped to handle the responsibilities involved in this critical role.

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How does Arch Re support employee growth for the Assistant Controller role?

Arch Re fosters an environment of continuous improvement and collaboration. As the Assistant Controller, you will have the opportunity to provide guidance to interns and consultants, promoting a culture of teamwork. This position not only allows you to enhance your skills but also encourages you to innovate and seek out new approaches to solve complex business problems effectively.

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What skills are essential for the Assistant Controller at Arch Re?

Essential skills for the Assistant Controller at Arch Re include strong general accounting proficiency, excellent analytical and organizational skills, and advanced Microsoft Excel capabilities. A proactive attitude towards problem-solving and the ability to communicate effectively at all organizational levels are also crucial for success in this role.

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What can I expect from the work culture at Arch Re as an Assistant Controller?

The work culture at Arch Re is built on collaboration, innovation, and positivity. As an Assistant Controller, you can expect to be part of a team that values your input and encourages you to take initiative. The company prioritizes fostering relationships across departments, allowing you to connect with talented colleagues who are as passionate about their work as you are.

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Common Interview Questions for Assistant Controller
Can you describe your experience with reinsurance accounting?

When answering this question, focus on specific roles where you utilized your reinsurance accounting skills. Highlight any significant projects or tasks that demonstrate your technical abilities in this area.

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How do you ensure accuracy in financial reporting?

Discuss your methodologies for validating data sources, performing reconciliations, and using automated tools. Share an example of a time when your meticulous approach averted potential discrepancies.

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What steps do you take to manage tight deadlines during financial closings?

Share your time management strategies and how you prioritize tasks effectively. Use a past experience to illustrate your ability to meet deadlines under pressure while maintaining accuracy.

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How do you approach working with auditors?

Describe how you maintain a professional relationship with auditors, emphasizing your proactive communication style and your willingness to provide thorough documentation.

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What experience do you have with automation tools in financial processes?

Be ready to discuss your experience with automation tools like Workday and your proficiency in Excel. Mention specific instances where automation improved your team's efficiency.

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How do you foster a team environment among finance staff?

Illustrate your leadership style and how you encourage teamwork by sharing examples of mentoring team members or driving collaborative projects.

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What is your experience with financial analysis and reporting?

Focus on specific types of financial analysis you've conducted, emphasizing how you've prepared and presented financial reports that influenced business decisions.

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Can you describe a time when you identified a financial discrepancy? What did you do?

Share a situation where your attention to detail led you to find a discrepancy, and explain the steps you took to investigate and resolve the issue.

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What are your strategies for prioritizing multiple projects?

Discuss the tools and techniques you use to prioritize tasks, such as project management software or the Eisenhower matrix. Provide a relevant example that showcases your organizational skills.

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How would your previous supervisors describe your work ethic?

Highlight positive feedback you’ve received in performance reviews, focusing on your initiative, reliability, and the quality of your work to reinforce your strong work ethic.

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Full-time, hybrid
DATE POSTED
April 12, 2025

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