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 Description
Perform all cash related aspects of facultative assumed & ceded accounting including cash entry, cash application, cash reconciliation, and assist with collections.
Job
Tasks/Responsibilities
- Enter daily cash receipts and disbursements in the reinsurance system
- Apply cash receipts and disbursements
- Assist in collecting overdue account receivable/payable balances
- Research, document, and resolve unapplied cash issues
- Work closely with other Reinsurance Accounting team members to resolve cash discrepancies
- Prepare monthly cash reconciliation
- Prepare monthly billing statements
- Review and post bound XOL contracts in the reinsurance system
- Ensure effective SOX controls are maintained and followed
Required
Skills/Experience
- Strong interpersonal, written, and verbal communication skills
- Strong attention to detail and ability to effectively prioritize multiple tasks to meet critical deadlines
- Excellent analytical, organizational and time management skills
- Highly motivated, strong ability to take initiative, and strong sense of ownership
- Ability to work both independently and as part of a team
- Ability to work in a fast-paced environment
- Microsoft Excel – proficient in pivot table & v-lookup functionality
- Microsoft Office
Education
- Bachelor’s degree in Accounting or Finance
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10400 Arch Global Services (Philippines) Inc.
Skills Required
- Strong interpersonal, written, and verbal communication skills
- Strong attention to detail and ability to prioritize multiple tasks and meet critical deadlines
- Excellent analytical, organizational, and time-management skills
- Ability to take initiative and demonstrate ownership
- Ability to work independently and as part of a team
- Ability to work in a fast-paced environment
- Proficiency in Microsoft Excel, including pivot tables and VLOOKUP
- Microsoft Office proficiency
- Bachelor's degree in Accounting or Finance
What We Do
Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital. ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.
