Account Manager

About the Role

Key Responsibilities

• Ensures strong relationships with client, regulators, captive directors and key service providers.
• Works as part of the Client Service Team, as well as interacts with clients, prospects, regulators and external service providers.
• Liaise with insurance broker and reinsurance brokers as required.
• Assist with underwriting decisions in conjunction with the Client Service Team and the Practice Underwriting resources.
• Monitor exposures and risk transfer pricing within assigned portfolio.
• Assist with regulatory approval for changes to the business plan.
• Assist with Board approval for underwriting decisions.
• Account for premium and agree on reserving methodology.
• Ensure the 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 thereto.
• Manage cash requirements of the companies and liaise with investment managers.
• Coordinate board meetings, ensure timely production of board papers and minutes, and follow up on matters arising.
• Perform relevant company secretarial functions and ensure compliance with Corporate Governance.
• Participate in and provide input on strategic and operational issues.
• Maintain contact with all client directors and advise them of developments.
• Support senior leadership with board insight and thought leadership.
• Uphold internal control procedures and the WTW code of conduct.

Requirements

• 2-4 year degree in Accounting, Finance or related area.
• Computer skills.
• Knowledge and experience of captive insurance and insurance industry (accounting for captives, insurance products, problem resolution) is a plus.
• Ability to monitor quality control.
• Client relationship skills.
• Project management skills.

Nice to Have

• Knowledge and experience of captive insurance and insurance industry in areas such as accounting for captives, insurance products, and problem resolution.
• Experience with Willis Towers Watson platforms and structure.

Qualifications

• Educational background in Accounting, Finance or related field (2-4 year degree).

Benefits & Perks

• Base salary range of $70,000-$100,000 USD per year.
• Eligibility for an annual short-term incentive bonus.
• Comprehensive health and welfare benefits including medical, dental, vision, HSA, flexible spending accounts, life insurance, legal, identity theft protection, wellbeing programs, and work/life resources.
• Leave benefits including paid holidays, paid time off, disability leaves, and other leaves.
• Retirement benefits including contributory pension plan and 401k savings plan.
• Flexible work arrangements including hybrid work options.