Account Executive - Captive Management

About the Role

Key Responsibilities

• Assist in the development of new business for the Company and give input to marketing and new business strategies.
• Identify new business opportunities, including cross-selling within existing client base.
• Promote the Company within and outside the Willis Group.
• Provide technical advice within the Practice upon request.
• Liaise with insurance and reinsurance brokers as required.
• Make underwriting decisions in conjunction with the Client Service Team and Practice Underwriting resources.
• Monitor exposures and risk transfer pricing within the assigned portfolio.
• Oversee regulatory approval for changes to the business plan and Board approval for underwriting decisions.
• Ensure timely production of management accounts, statutory accounts, budgets, cash flow statements, and other financial information.
• Assist with the adoption of appropriate accounting practices and ensure adherence.
• Manage cash requirements and liaise with investment managers.
• Coordinate board meetings, produce board papers and minutes, and ensure compliance with corporate governance.
• Participate in strategic and operational discussions, support client relationships, and maintain contact with client directors.
• Support senior leadership with board insight and thought leadership.

Requirements

• A 4-year degree in Accounting, Finance, or related area or CPA qualification.
• Maintenance of CPA qualification through CPD, as appropriate.
• Advanced computer skills.
• In-depth knowledge and experience of captive insurance and the insurance industry (minimum 15 years).
• Experience in accounting for captives, insurance products, and problem resolution.
• Knowledge of Willis Towers Watson platforms and structure.
• Ability to monitor quality control.
• Strong client relationship skills.
• Project management skills.
• Advanced presentation skills.
• Leadership and people management skills.
• Compliance knowledge.
• Ability to solve complex issues and influence stakeholders.
• Excellent verbal and written communication skills.

Nice to Have

• Experience with insurance accounting and financial services.
• Knowledge of regulatory and capital requirements.
• Experience in strategic and operational planning.

Qualifications

• A 4-year degree in Accounting, Finance, or related area or CPA qualification.
• Maintenance of CPA qualification through CPD, as appropriate.

Benefits & Perks

• Base salary range of $100,000-$140,000 USD per year.
• Eligibility for an annual short-term incentive bonus.
• Comprehensive health and welfare benefits including medical, dental, vision, and flexible spending accounts.
• Paid holidays, paid time off, short-term and long-term disability, and other leave benefits.
• Retirement benefits including contributory pension and 401(k) savings plan.
• Flexible work arrangements including hybrid work options.