Director, Finance (FR&A)

The Director of Finance will play an integral role in the organization’s expense management strategy, ensuring financial discipline and transparency across the Arch Insurance Business and Service units. This role partners closely with business leaders to provide budgeting guidance, oversee expense reporting deliverables, and drive accurate financial consolidation.

Requirements

• Monitor and analyze expense trends, identifying opportunities for cost savings and efficiency.
• Develop and implement policies and controls to optimize expense management across departments.
• Ensure compliance with corporate expense policies and regulatory requirements.
• Partner with business leaders to prepare annual budgets and periodic forecasts, including insightful analytics to isolate trending and meaningful drivers.
• Provide actionable insights and recommendations to support financial decision-making.
• Facilitate budget reviews and variance analysis to maintain alignment with organizational goals.
• Align business’s services rendered to its expense allocations back to the sub-businesses.
• Oversee timely and accurate preparation of expense reports for internal and corporate stakeholders, including quarterly results packages, management discussion and analysis documents, waterfall analysis, and other management reporting documents.
• Partner with Arch Capital Services (Corporate) to define standardized reporting processes and tools to enhance visibility and accountability.
• Ensure adherence to deadlines for monthly, quarterly, and annual reporting cycles.
• Manage workflow approvals for 3rd party expense invoices and financial adjustments (accruals, expense reclasses, balance sheet liabilities, etc.)
• Lead the consolidation of financial results across multiple Business / Service units.
• Maintain accuracy and integrity of consolidated financial statements.
• Prepare analysis for management and corporate deliverables, including finance leadership reviews, executive summaries, management discussion and analysis documents, M&A integration costs, and other key deliverables.
• Collaborate with peers to ensure proper reconciliations and eliminations.
• Serve as a trusted advisor to senior management on financial performance and expense strategies.
• Mentor and develop finance team members to build a high-performing organization.
• Drive cross-functional collaboration to align financial objectives with operational priorities.

Benefits

• Multiple medical plans
• Dental
• Vision
• Prescription drug coverage
• Competitive 401k with generous matching
• PTO beginning at 20 days per year
• Up to 12 paid company holidays per year
• 2 paid days of Volunteer Time Offer
• Basic Life and AD&D Insurance
• Short and Long-Term Disability
• Paid Parental Leave of up to 10 weeks
• Student Loan Assistance
• Tuition Reimbursement
• Backup Child and Elder Care