AVP, Forecasting

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℠.

The Assistant Vice President, Forecasting & Analysis is responsible for leading the efforts around the preparation of the annual GAAP and Statutory financial forecast, periodic re-forecasts, quarterly underwriting estimate, PMI annual DPO preparation, ORSA stress testing, and monthly plan variance analysis. This role has high visibility across the company due to the various inputs to the financial plan and the audience for the output.

Management of direct reports; overseeing the financial plan and supporting various customers of this information.

• Coordinate, develop, evaluate, and report on regular GAAP and Statutory financial forecasts. Focus on premiums, losses, investments, equity earnings, and taxes, as well as overall financial results for U.S. MI and its individual legal entities. Consolidate financial forecasts for Arch MI.
• Support good business insights, decisions, and communications by producing financial forecasts and plans that are timely, accurate, realistic, insightful, driver-based, clearly communicated, and well-documented.
• Perform sophisticated financial analyses on a prospective basis (Forecast/Plan vs. Current Year) and a retrospective basis (Actuals vs. Forecast/Plan). Analyses must reflect a deep understanding of the business factors affecting the numbers. Analyses should highlight and clarify key issues resulting in better decision-making ability and communications by Arch MI senior management.
• Review, direct, and approve the design, development, maintenance and enhancement of planning systems, models, and processes. Work with a wide variety of individuals, systems, and data sources to develop timely and accurate information.
• Coordinate and produce presentation packages for senior management.
• Manage staff to accomplish results through effective recruitment and selection, training and development, performance management and rewards and recognition.

Knowledge & Skills:

Extensive written and verbal communication skills with the ability to interface effectively with all levels of management and staff across the organization.

Ability to question and critique information received and create effective presentations.

Working knowledge of generally accepted accounting principles (GAAP) and statutory accounting principles (SAP).

Ability to work independently in a fast-paced and ever-changing business environment and to meet stringent, shifting deadlines with short-turnaround requirements.

Skilled in creating analyses which highlight key variances, changes, and issues for financial forecasts and plans.

Extensive knowledge of Excel

Excellent self motivation and results-oriented with strong collaboration and leadership skills in a team environment.

Ability to integrate big-picture, long-term outlooks with detailed approaches to financial modeling, forecasting, and reporting.

Education & Experience:

Required knowledge and skills would typically be acquired through a degree in Finance and/or Accounting combined with an MBA, CPA, or similar designation and 10-12 years or more of financial planning experience. Insurance, mortgage industry, or other financial service company experience preferred.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.

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