Note: The job is a remote job and is open to candidates in USA. Davies is hiring a Captive Accounting Manager to manage a portfolio of captive insurance clients and serve as their focal contact with senior management. The role oversees accounting, financial reporting, regulatory compliance, client presentations, and the training and development of team members.
Responsibilities
- Provide advice on compliance requirements, investment regulations and current accounting developments that affect clients
- Give presentations at client, shareholder, and/or Board of Director meetings to review financial information. Prepare and/or review monthly financial statement package and management review for a group of captive clients, in accordance with GAAP, IFRS, SAP and modified GAAP
- Perform all accounting necessary for maintaining captive clients, including preparing and/or reviewing all general ledgers, reconciliation and customized financial and managerial reports
- Responsible for following established guidelines, checklists and procedures, ensuring that managed companies remain compliant and internal controls are followed
- Training, oversight and development of teammates
- Work with all service providers including but not limited to auditors, actuaries, tax authorities, regulators, investment professionals, lawyers, TPAs and bankers; acting as client point person to organize and coordinate all matters to effectively manage the captive clients. Prepare and/or review regulatory filings, premium tax returns and NAIC filings
- Responsible or substantive audit review and compliance testing, involving drafting and reviewing of audit reports
- Monitor cash flow, prepare budgets and ad hoc reports. Work with multiple accounting systems, including QuickBooks and Gain to prepare financial statements in accordance appropriate accounting basis
- Maintain appropriate level of confidentiality of information processed
- Follow all company policies and procedures
- Maintain up to date knowledge of accounting, insurance and regulatory issues affecting captives
- Other duties as assigned
Skills
- While this is a remote role, the candidate must be based in Vermont per State requirement
- Bachelor's degree in Accounting or related field
- 3-10 years experience in position with similar duties
- Achievement of Associate in Captive Insurance or similar designation
- Up to date knowledge of GAAP and insurance accounting principles
- Accounting research capability
- Ability to use initiative and good judgment in accomplishing tasks with minimal errors
- Excellent listening, interpersonal and customer service skills
- Proficiency in use of personal computers, including data entry, word processing and spread sheet applications (Microsoft Office applications)
- CPA designation preferred
Benefits
- Medical, dental, and vision plans to support your health and that of your family
- A 401(k) plan with employer matching
- Time-off policies, including Discretionary Time Off (DTO) for exempt employees and Paid Time Off (PTO) for non-exempt employees
- Paid holidays
- Life insurance and short-term and long-term disability coverage
- Paid sick leave, paid family and parental leave, and other mandated benefits where required by law and in accordance with applicable state and local requirements
- Fully remote role; candidate must be based in Vermont per State requirement
Company Overview