Note: The job is a remote job and is open to candidates in USA. Brown & Brown’s Risk Solutions team provides insurance-related services and is seeking a Captive Accounting Manager. The role manages the day-to-day accounting and financial activities for a portfolio of captive insurance companies, serves as a primary contact for clients and senior management, and provides strategic and consulting support.
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
- 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 for regulatory interfacing with each domicile – onshore and offshore, consisting of domiciles such as Vermont, Arizona, Bermuda, Cayman Islands, Colorado, Connecticut, Delaware, District of Columbia, Georgia, Hawaii, Michigan, Missouri, Nevada, and South Carolina
- 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 Acumatica and Velixo to prepare financial statements in accordance appropriate accounting basis
- Maintain appropriate level of confidentiality of information processed
- Follow all company policies and procedures
- Other duties as assigned
Skills
- Bachelor's degree in Accounting or related field
- 8-12 years' experience in position with similar duties
- Ability to use initiative and good judgment in accomplishing tasks with minimal errors
- Must possess critical thinking skills
- Establish and maintain effective work relationships and to function in a team environment
- 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
Benefits
- Medical/Rx
- Dental
- Vision
- Life Insurance
- Disability Insurance
- ESPP
- 401k
- Student Loan Assistance
- Tuition Reimbursement
- Free Mental Health & Enhanced Advocacy Services
- Paid Time Off
- Holidays
- Preferred Partner Discounts
Company Overview