Senior Account Manager - Captive Management

About the Role

Key Responsibilities

• Ensure strong relationships with clients, regulators, captive directors, and key service providers.
• Focus on financial statement review and/or preparation.
• Work as part of the Client Service Team and interact with clients, prospects, regulators, and external service providers.
• Act as an insurance liaison with insurance brokers and reinsurance brokers as required.
• Assist with underwriting documentation and decisions in conjunction with the Client Service Team and Practice Underwriting resources.
• Monitor exposures and risk transfer pricing within the assigned portfolio.
• Obtain regulatory approval for changes to the business plan.
• Obtain Board approval for underwriting decisions.
• Account for premiums and ensure reserving methodology is appropriate.
• Produce management financial statements, statutory accounts, budgets, cash flow statements, and other financial information.
• Assist with the adoption of appropriate accounting practices and ensure adherence.
• Manage or supervise cash requirements of the companies.
• Liaise with investment managers regarding invested funds.
• Coordinate board meetings, ensure timely production of board papers and minutes, and review prior to distribution.
• Ensure relevant company secretarial functions are performed timely and compliance with corporate governance.
• Support strategic and operational issues, and assist in implementing policies.
• Maintain contact with client directors and keep practice leadership informed of client developments.
• Entertain clients and prospects as required.
• Support senior management with board insight and thought leadership.
• Adhere to internal control procedures and the WTW code of conduct.

Requirements

• 4-year degree in Accounting, Finance or equivalent work experience, or CPA qualification.
• Advanced computer skills.
• In-depth knowledge and experience of captive insurance and the insurance industry, including accounting for captives, insurance products, and problem resolution.
• Knowledge of Willis Towers Watson platforms and structure.
• Ability to monitor quality control.
• Client relationship skills.
• Project management skills.
• Board meeting presentation skills.
• Working toward leadership and people management skills.
• Ability to solve complex issues and raise highly complex issues to higher levels.
• Ability to influence and negotiate.
• Excellent verbal and written communication skills.

Nice to Have

• Experience with regulatory approval processes.
• Experience in strategic and operational planning.
• Leadership and people management skills.

Qualifications

• 4-year degree in Accounting, Finance or equivalent work experience, or CPA qualification.

Benefits & Perks

• Base salary range of $80,000.00-$130,000.00 USD annually.
• Eligibility for an annual short-term incentive bonus.
• Comprehensive health and welfare benefits including medical, dental, vision, HSA, flexible spending accounts, life insurance, and wellbeing programs.
• Paid holidays, paid time off, disability leaves, and other leave benefits.
• Retirement benefits including a qualified pension plan and 401(k) with company contributions.
• Flexible work arrangements including hybrid work options.