Arch’s delegated authority programs are written by third party agencies referred to Agencies or Managed General Agencies (MGA’s). Arch has a regulatory requirement to audit the MGA. The candidate will reconcile policy data between Arch financial systems and the systems of the MGA for the various programs. The candidate will create exhibits to identify the reconciling differences and work with various groups to resolve and clear the differences.
- Reconcile policy level premium, commissions, open receivables and other policy details between Arch’s systems and the MGA’s systems.
- Prepare exhibits summarizing the various reconciling differences with explanations describing the cause for the difference
- Maintain policy level detail which reflect the summarized differences in the exhibits
- Track and age differences
- Work with program accountant, Arch underwriter, Arch IT and MGA to resolve open differences
