DescriptionACCOUNTANT CAPTIVE MANAGEMENT SENIOR ACCOUNT MANAGER
Under general direction the Senior Account Manager is responsible for the provision of management services to a portfolio of captive insurance companies.
Note: Employmentbased nonimmigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role
Ensures strong relationships with client regulators captive directors and key service focus on financial statement review and/or preparation. Works as part of the Client Service Team as well as interacts with clients prospects regulators and external service providers:
Insurance
- Liaison with insurance broker and reinsurance brokers as required.
- Assist with underwriting documentation and decisions in conjunction with the Client Service Team and the Practice Underwriting resources as appropriate.
- Monitoring of exposures and risk transfer pricing within assigned portfolio.
- Obtain regulatory approval for changes to the business plan.
- Obtain Board approval for underwriting decisions.
Finance/Regulatory
- Monitoring of domicile solvency and capital requirements
- Obtaining regulatory approval of changes to business plan
- Obtaining board approval for underwriting decisions
- Accounting for premium
- Agree reserving methodology
- Ensure the production of management financial statement accounts statutory accounts and information budgets cash flow statements and supplementary information as required.
- Assist with the adoption of appropriate accounting practices and ensure adherence thereto.
- Manage or supervise cash requirements of the companies
- Liaise with and monitor investment managers in respect of invested funds
- Assist Client Service Team with coordination of board meetings
- Ensure timely production and accuracy of board papers.
- Ensure timely production of minutes and review prior to distribution.
- Action matters arising from client meetings
- Ensure relevant company secretarial functions are performed in a timely manner.
- Ensure compliance with Corporate Governance.
Management
- To assist in providing input on strategic and operational issues. Assume responsibility for a specific area of company strategy.
- To assist in implement policies adopted by Practice
- Contact is maintained with all client directors and that they are advised of any developments.
- Keep Practice leadership apprised of client developments.
- Entertain clients & prospects as required.
- Support Senior Management in performing board insight perspective & thought leadership as required
- Understands importance of Internal Control procedures and the WTW code of Conduct and works to be seen as a role model in the office.
QualificationsThe Requirements
- 4year degree in Accounting Finance or equivalent work experience or related area or CPA qualification
- Advanced Computer Skills
- In depth knowledge and experience of captive insurance and insurance industry in the following areas: 1 accounting for captives 2 insurance products and 3 problem resolution
- Willis Towers Watson knowledge (platforms structure etc.
- Ability to monitor quality control
- Client relationship skills
- Project Management skills
- Board meeting presentation skills
- Working toward Leadership and People Management skills
- Compliance
- Can solve complex issues and will raise highly complex issues to higher level
- Ability to influence and negotiate
- Excellent verbal and written communication skills
EOE including disability/vets
Required Experience:
Manager