Job Summary
The Strategic Portfolio Management function drives the organization’s transformation strategy by establishing and institutionalizing a governance model for the Arch Insurance North America strategic portfolio, including initiative scoping, prioritization, project management, structure and value tracking.
As part of the Strategic Portfolio Management function, the AVP Strategic Portfolio Financial Management Lead will lead financial management practices for the Strategic Portfolio Management function, providing portfolio-level visibility into initiative costs, benefits, forecasts, variances, funding considerations, and financial risks. This role supports informed decision-making by senior leaders and helps strengthen financial discipline, governance, and transparency across the strategic initiative portfolio.
The role partners closely with Finance, Strategic Portfolio Management, Technology, Strategic Analytics, sponsors, initiative owners, and delivery teams to mature financial management capabilities, including reporting, variance analysis, cost and benefit tracking, financial guidance, and adoption of enterprise platforms such as Workday and Clarity.
Reports to: SVP, Head of Strategic Portfolio Management
Job location: Remote
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 and Requirements- 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.
Education and Experience- Bachelor’s degree in Finance, Accounting, Business Administration, Economics, Management Information Systems, or a related field required; advanced degree or relevant certification preferred.
- 8–10 years of progressive experience in financial management, portfolio management, strategic initiative management, business operations, transformation, or a related discipline.
- Experience in the financial services or insurance industries preferred
- Experience with portfolio management, financial reporting, ERP, or planning tools; familiarity with Clarity and Workday preferred.
- Experience in process design and improvement preferred.
- Experience operating in an Agile Framework and Lean Portfolio Management strongly desired
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
$111,100 - $172,465/year
Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
Arch is committed to helping employees succeed through our comprehensive benefits package that includes 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; and more. Click to learn more on available benefits.
