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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…