Responsibilities
1. Oversee all daily cash management activities including daily cash position collation, daily movement schedules and the 2-day forecast
2. Make key funding decisions each day to ensure adequate liquidity across all of our entity bank accounts and to optimise returns on balances held
3. Help to produce and develop short, medium and long-term cash forecasts for our main operational entities to aid planning and business/capital decisions. Conduct variance analysis to help continuously improve forecast accuracy
4. Lead the Bank Reconciliation team to ensure all reconciliations arepleted accurately and timely
5. Ensure all controls are monitored and adhered to whileplying with external regulations specific to the Insurance sector
6. Build and maintain meaningful relationships with Arch banking partners to ensure we have the support we need when we need it
7. Work closely with our investment managers by ensuring surplus funds are identified and utilised to generate the best returns
8. Develop, support and guide a small team of Treasury professionals to ensure they continue to grow and add value to Arch
9. Oversee and execute FX trades as part of our cash management activities as well as helping to develop FX hedging strategies
10. Produce and present various reports on cash positions, forecasts and performance to the board, regulators, variousmittees and senior management from across the group
11. Liaise and work with the Global Treasury team on a number of key Treasury related initiatives
12. Monitor intepany balances and ensure they are settled on a regular basis
13. Collaborate with internal teams such as Risk, HR, Claims Reinsurance and Accounting to ensure alignment and effective coordination.municating with external stakeholders such as banks, auditors, and regulators as required.
14. Work closely with the Lloyd's Syndicate finance teams to understand the impact of cash and capital within the Lloyd's regulatory framework.
15. Review and approve financial transactions such as wire transfers, money market subscriptions and redemptions as well as transfers to/from our investment portfolios.
16. Assess/review/document existing processes and suggest improvements so we can continuously improve
17. Take ownership of various Treasury projects as and when required as well as any ad hoc requests and duties
Role Requirements & Skills
Skills /petencies
18. An understanding of the bank reconciliation process
19. High degree of accuracy and attention to detail
20. Excellent verbal and writtenmunication skills
21. Excellent interpersonal skills
22. The ability to lead and develop a team
23. Strong time management and organisational skills with a proven ability to consistently meet deadlines
24. Ability to work collaboratively with others within the department and across thepany and wider Group
25. Strong analytical skills with the ability to collect and organise significant amounts of information with attention to detail and accuracy
26. Proficiency in Excel and confident in using finance systems such as Workday, G Treasury and Clearwater.
27. Proactive, Enthusiastic and a willingness to learn
28. Excellent numerical skills
Qualifications / Experience
29. Minimum of 3 to 5 years of experience in Treasury Management, preferably within a globalpany
30. Bachelor's degree ideally in a finance, accounting, business or a related field
31. Qualified or part qualified Accountant/Treasury Professional is desirable
32. Insurance/Financial Services background would be an advantage
33. Investment Management and FX Hedging experience would be beneficial
Additional Information
34. This is a hybrid role with two/three days per week in the office and the rest working from home
35. The position is based in Manchester with occasional travel to London as and when required
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14100 ARCH UK ACCOUNT SET - TO BE USED FOR Q1 PAYROLL ONLY - Arch Europe Insurance Services Ltd Job ID R25_541