SVP, Finance - Ceded Reinsurance Accounting

Job Summary

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. We Enable Possibility. The Senior Vice President, Ceded Reinsurance Accounting is a critical contributor to Arch Insurance North America’s (AINA) ceded reinsurance strategy.

This role is responsible for the end‑to‑end controllership and financial operations of the corporate Ceded Reinsurance function  coordinates the settlement and financial recording of over $1B in annual Treaty and Facultative premium, reporting to the Chief Financial Officer and the Finance leadership team. The SVP will partner with Ceded Reinsurance placement, Underwriting, Operations, Claims, Legal, Actuarial, Treasury, Information Technology and other teams to optimize outcomes for internal and external constituents, delivering accurate and timely results for reporting.

This role sits in the Hartford, Jersey City, Philadelphia, or Garden City office on a hybrid basis of three days in the office, two days remote.

• Manage Bordereaux and Billing for Treaty and Facultative Clients.
• Coordinate and oversee post‑placement account settlement and billing with reinsurance trading partners, ensuring accuracy and timely performance of obligations.
• Report all required information as agreed under the reinsurance arrangements in an efficient and scalable process.
• Manage all cash activities, including billing, collections, reporting and reconciliation.
• Oversee collateral management to maintain adequate balances and adjust as needed to mitigate counter party exposure or satisfy regulatory requirements.
• Manage the ceded reinsurance close and reporting calendar for treaty and facultative business, ensuring recognition of premiums, ceding commissions, loss recoverable, reinstatement premiums and other contractual items.
• Coordinate with corporate reporting teams to provide analytics and explanations of the effect of ceded reinsurance transactions during quarter‑close reviews and report‑outs.
• Provide period‑to‑period comparisons, plans, explanations and support.
• Oversee all ledger accounts part of the Ceded Reinsurance Accounting controllership function, including balance sheet reconciliations, variance and flux commentary, linking P&L and balance sheet results.
• Create workforce and staffing plans, including onshore and offshore capabilities, to achieve departmental objectives.
• Build, mentor and scale a high‑performing team, focusing on training, career development and succession planning.
• Own, develop and execute tactical and operational plans that directly impact functional strategy achievement.
• Manage the periodic planning and reforecasting process for business under the Ceded Reinsurance Accounting function, analyzing changes in business and reinsurance arrangements on projected financials.
• Maintain a robust control environment (SOX/ICFR), lead interactions with internal and external auditors, and continuously improve the group’s internal control environment.
• Work with the broader organization to identify process improvements, data quality enhancements and other initiatives for optimal outcomes, representing both Ceded Reinsurance Placement and Corporate Finance.

• Proven leader and collaborative team player who provides strategic guidance and vision while maintaining a hands‑on approach when required.
• Ability to manage complex, detail‑oriented initiatives under tight deadlines, effectively responding to unplanned projects and emerging challenges.
• Broad exposure to operational disciplines, including underwriting, claims, and IT, ensuring effective cross‑functional communication and accurate capture of information for downstream financial reporting.
• Strong ability to communicate financial analyses, insights and conclusions clearly and effectively to a wide range of stakeholders, including executive leadership.
• Advanced proficiency and experience in Microsoft Excel, PowerPoint, Word, Access, SQL, Power BI, Workday and…