Bachelor's Degree in Finance, Accounting, or Business
5+ years of relevant experience
CPA preferred
Strong written and verbal communication skills
Proficient in MS Word, PowerPoint, and Excel
Ability to prepare complex financial statements for captives
Experience with group captives is highly preferred
Responsibilities
Supervise Account Administrator(s) and coordinate their training
Ensure accurate and timely financial approvals and transactions
Liaise with financial institutions regarding funds management
Communicate with shareholders and service providers
Prepare and maintain premium assessments and shareholder databases
Review and approve financial status and collateral reports
Coordinate with US State regulators on captive activities
Prepare complex financial statements for review
Liaise with external auditors for timely audits
Participate in client meetings, including financial presentations
Benefits
Opportunity for international travel
Engagement in high-level client interactions
Professional development through training and supervision of staff
Dynamic work environment with a focus on teamwork
Exposure to complex financial operations in the captive insurance sector
Full Job Description
CPA level position that supports day-to-day activities for a portfolio of captive insurance clients. Public speaking in front of large groups will also be required.
ESSENTIAL EDUCATION AND EXPERIENCE: Bachelor's Degree in Finance, Accounting Business and at least five (5) years of experience. CPA preferred.
SKILLS/COMPETENCIES REQUIREMENTS:
Excellent communication skills, both written and spoken English
Ability and confidence to make presentations to clients at Board meetings or equivalent
High degree of proficiency in use of such programs as MS Word, PowerPoint and Excel
Internationally recognized accountancy qualification, with the ability to prepare complex financial statements related to captives
Ability to work unsupervised, prioritizing & organizing own workload
Ability to supervise and train staff
Ability to produce accurate and timely work to meet deadlines
Willingness to work in a team environment and be a team player
Experience with group captives is highly preferred
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Supervising Account Administrator(s) and coordinate their development and training
Ensuring accurate and timely approvals, G/L allocations, deposits and/or mailing of all receipts and payments
Liaison with financial institutions on all aspects of funds management, investment and letters of credit, both incoming and outgoing
Communications with shareholders and service providers, both written and verbal
Ensure timely preparation of, maintenance and follow up on premium assessments, shareholder information databases, receipt of all required shareholder documentation, and receipt of required security collateral
Review and approve periodic Financial Status and Security Collateral reports
Liaison with the respective US State regulators on all aspects of each captive's activities
Monitor maintenance of corporate records and timely reporting of changes to relevant authorities (Secretaries of State)
Preparation of complex financial statements, and other financial reports, for review by the Head of Domestic Captive Management, or by peers, and by CRI
Liaison with external auditors to ensure the timely completion of each audit
Attendance at and participation in client meetings, both domestically and internationally, including presentation of financial results, recording of minutes and completion of all corporate secretarial functions
General assistance too, and other duties as assigned by the Employer
TRAVEL: Required, both domestically and internationally, for this position. This includes compliance with all of the requirements of the localities and destinations, as well as transportation carrier requirements.
