SVP/Controller

Arch Insurance Group Inc.; Jersey City (NJ); On-site; USD 189,000 - 293,000; Full time

Job summary

Arch Insurance Group Inc. in Jersey City seeks a Controller to lead the accounting and financial reporting for the North America region.

You will ensure the integrity, accuracy and timeliness of GAAP reporting, establish a strong control environment, and partner with the CFO and other leaders to translate complex transactions into clear financial outcomes. The role requires building high-performing teams, driving close processes, implementing process improvements, and guiding external audits.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related discipline.
• CPA strongly preferred.
• Progressive accounting and financial reporting leadership in a complex organization.
• Strong knowledge of U.S. GAAP and financial reporting requirements.
• Experience with insurance accounting and statutory accounting principles preferred.
• Experience leading financial close, external audits, internal controls, and technical accounting activities.
• Ability to evaluate complex accounting matters and communicate conclusions to executive audiences.

Responsibilities

• Lead monthly, quarterly, and annual financial close processes with timely reporting.
• Maintain policies, procedures, and governance for accounting.
• Oversee general ledger, reconciliations, journal entries, and financial statements.
• Coordinate audits, footnotes, and external reporting with the Board and regulators.
• Drive continuous improvement, standardization, and automation of accounting.

Skills

U.S. GAAP knowledge

Insurance accounting

Financial reporting

Leadership

Internal controls

Executive communication

Education

Bachelor’s degree in Accounting, Finance, or related discipline

CPA strongly preferred

Job description

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℠.

Position Summary

The Controller is a senior finance leader within the Arch Insurance North America (AINA) group responsible for the integrity, accuracy, and timeliness of the company’s accounting and financial reporting. This role provides leadership over the accounting organization, establishes and maintains a strong financial control environment, and ensures compliance with applicable accounting and regulatory requirements. The Controller partners closely with the Deputy CFO, CFO and other Finance leadership, as well as business leaders to translate complex transactions and business developments into appropriate accounting and reporting outcomes. The successful candidate will combine strong technical accounting expertise with disciplined execution, sound judgment, and the ability to develop high-performing teams and scalable processes.

Key Responsibilities

Accounting & Financial Close

• Lead the monthly, quarterly, and annual financial close processes, ensuring accurate and timely reporting.
• Maintain appropriate accounting policies, procedures, and governance.
• Oversee general ledger activities, account reconciliations, journal entries, and financial statement preparation.
• Review analysis of financial statement line items and related support.
• Oversee the AINA expense team and their activities, including expense allocations.
• Oversee and support the AINA relationship with ACS Treasury and Accounts Payable.
• Establish clear ownership, controls, and accountability throughout the close process.
• Drive continuous improvement, standardization, and automation of accounting processes.

Financial & Management Reporting

• Oversee preparation and review of GAAP financial statements, North America MD&A, Worldwide Insurance Segment P&L/MD&A and other support for ACGL close and SEC filings.
• Oversee preparation of AUI, First Shield and other audited financial statements, including footnote disclosures and coordination of external audits.
• Oversee the preparation of the annual Plan and periodic reforecasts, and the analysis of performance against Plan/reforecast.
• Review material presented to the Board of Directors of both ACGL and Arch Insurance Group.
• Ensure appropriate implementation of new accounting standards and regulatory requirements.
• Partner with Arch Capital Services and other functions/segments to ensure consistency and accuracy across financial reporting.

Technical Accounting

• Provide leadership on complex accounting matters, including insurance and reinsurance transactions, investments, acquisitions and dispositions, and other significant or non-routine transactions.
• Support the development, implementation, and maintenance of accounting policies, procedures, and technical memoranda.
• Develop well-supported accounting conclusions and communicate implications clearly to senior management and other stakeholders.
• Monitor emerging accounting developments and assess their potential impact on the organization.

Internal Controls & Governance

• Maintain a strong internal control environment over financial reporting.
• Oversee the design, documentation, execution, and continuous improvement of key financial controls.
• Partner with Internal Audit, SOX, Risk, Compliance, and other control functions to address identified issues and strengthen financial governance.
• Promote a culture of accountability, integrity, and appropriate financial discipline.
• Work with ERM on business continuity and disaster recovery processes and documentation.

Mergers & Acquisition

• Analyze potential mergers & acquisitions: due diligence, modeling, accounting policies, proposed integration plans.
• Oversee acquisition integration activities.
• Work with ACS financial reporting, tax on opening balance sheet and related journal entries.

Leadership & Talent Development

• Lead, develop, and retain a high-performing accounting organization.
• Establish clear objectives and accountability across the team.
• Build technical accounting capabilities and strengthen succession and development plans.
• Foster collaboration across Finance and with business partners.

Finance Transformation

• Identify opportunities to simplify and automate accounting and reporting processes.
• Strengthen data quality, financial systems, and reporting capabilities.
• Support broader Finance transformation initiatives while maintaining appropriate controls.
• Develop meaningful metrics for close performance, reporting quality, controls, and operational effectiveness.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related discipline.
• CPA strongly preferred.
• Significant progressive accounting and financial reporting experience, including leadership experience in a complex organization.
• Strong knowledge of U.S. GAAP and financial reporting requirements.
• Substantial experience with insurance accounting and statutory accounting principles is strongly preferred.
• Experience leading financial close, external audit, internal controls, and technical accounting activities.
• Demonstrated ability to evaluate complex accounting matters and communicate conclusions to executive audiences.
• Experience leading and developing accounting professionals.
• Strong analytical, organizational, and problem-solving skills.

Leadership Competencies

• Accounting judgment: Applies strong technical expertise while maintaining a pragmatic understanding of business implications.
• Execution: Creates discipline around deadlines, ownership, controls, and quality.
• Executive communication: Distills complex financial matters into clear conclusions and recommendations.
• Leadership: Builds capable teams and holds leaders accountable while developing talent.
• Partnership: Works effectively across Actuarial, Tax, Treasury, FP&A, Investments, Legal, Risk, and business leadership.
• Transformation mindset: Challenges inefficient processes and uses technology, automation, and standardization to improve Finance.
• Integrity: Maintains high standards for financial reporting, controls, and professional judgment.

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$188,900 - $293,250/year

• Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
• Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more.

14400 Arch Insurance Group Inc.