Note: The job is a remote job and is open to candidates in USA. Arch Insurance Group Inc. is dedicated to promoting progress and inspiring clients through their innovative company culture. The AVP Strategic Portfolio Financial Management Lead will oversee financial management practices for the Strategic Portfolio Management function, ensuring effective governance and transparency in financial reporting and decision-making processes.
Responsibilities
- Lead the development and refinement of SPM financial management standards, governance processes, controls, reporting, and decision-support practices
- Serve as the primary SPM financial management lead and trusted advisor to Strategic Portfolio Management, Finance, and portfolio stakeholders
- Oversee portfolio financial management, including actuals, forecasts, cost estimates, benefits, variances, funding considerations, financial risks, and management commentary
- Lead quarterly financial reporting governance, including review, reconciliation, variance analysis, executive messaging, and follow-through on material financial risks or issues
- Support the maturation and adoption of financial management capabilities in Clarity, Workday, and related platforms
- Develop guidance, templates, decision frameworks, and training materials to promote consistent financial management practices across the initiative lifecycle
- Provide financial advisory and as needed hands-on support on initiative/portfolio financials including business case development, prioritization, planning, funding review, and change request impact assessment
- Partner across Strategic Portfolio Management (Business Outcome Management & Governance), Finance, Technology, Strategic Analytics, and business stakeholders to support portfolio governance, benefit realization, and investment decision-making
- Identify opportunities to improve data quality, simplify processes, reduce manual effort, strengthen controls, and enable scalable reporting
- Prepare senior leader-ready reporting and insights that communicate portfolio financial performance, risks, trends, and decisions required
Skills
- Strong knowledge of budgeting, forecasting, financial planning, variance analysis, cost and benefit analysis, financials tracking, investment governance, and portfolio reporting practices
- Demonstrated ability to influence leaders and stakeholders across Finance, Technology, Operations, business leadership, and governance functions
- Ability to translate complex financial and operational information into clear insights, recommendations, and senior leader-ready narratives
- Strong business acumen, executive presence, judgment, communication, facilitation, analytical, and stakeholder management skills
- Intermediate to advanced proficiency with Microsoft Excel and PowerPoint; experience with dashboards, automation, or data visualization preferred
- Bachelor's degree in Finance, Accounting, Business Administration, Economics, Management Information Systems, or a related field required
- 8–10 years of progressive experience in financial management, portfolio management, strategic initiative management, business operations, transformation, or a related discipline
- Advanced degree or relevant certification
- Experience in the financial services or insurance industries
- Experience with portfolio management, financial reporting, ERP, or planning tools; familiarity with Clarity and Workday
- Experience in process design and improvement
- Experience operating in an Agile Framework and Lean Portfolio Management
Benefits
- Multiple medical plans plus dental, vision and prescription drug coverage
- A competitive 401k with generous matching
- PTO beginning at 20 days per year
- Up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
- Basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
Company Overview
Company H1B Sponsorship