SENIOR ACCOUNT MANAGER – CAPTIVE MANAGEMENT 

Under general direction, the Senior Account Manager is responsible for the provision of management services to a portfolio of captive insurance companies. 

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

Ensures strong relationships with client, regulators, captive directors and key service providers. Primary focus on financial statement review and/or preparation.  Works as part of the Client Service Team, as well as interacts with clients, prospects, regulators and external service providers: 

Insurance

Liaison with insurance broker and reinsurance brokers as required. Assist with underwriting documentation and decisions in conjunction with the Client Service Team and the Practice Underwriting resources, as appropriate. Monitoring of exposures and risk transfer pricing within assigned portfolio. Obtain regulatory approval for changes to the business plan. Obtain Board approval for underwriting decisions.

Finance/Regulatory

Monitoring of domicile solvency and capital requirements Obtaining regulatory approval of changes to business plan Obtaining board approval for underwriting decisions Accounting for premium Agree reserving methodology Ensure the production of management financial statement accounts, statutory accounts and information, budgets, cash flow statements and supplementary information as required. Assist with the adoption of appropriate accounting practices and ensure adherence thereto. Manage or supervise cash requirements of the companies Liaise with and monitor investment managers in respect of invested funds Assist Client Service Team with co-ordination of board meetings Ensure timely production and accuracy of board papers. Ensure timely production of minutes and review prior to distribution. Action matters arising from client meetings Ensure relevant company secretarial functions are performed in a timely manner. Ensure compliance with Corporate Governance.

Management

To assist in providing input on strategic and operational issues.  Assume responsibility for a specific area of company strategy. To assist in implement policies adopted by Practice Contact is maintained with all client directors and that they are advised of any developments. Keep Practice leadership apprised of client developments. Entertain clients & prospects as required. Support Senior Management in performing board insight, perspective & thought leadership as required Understands importance of Internal Control procedures and the WTW code of Conduct and works to be seen as a role model in the office.

The Requirements

4-year degree in Accounting, Finance or equivalent work experience, or related area or CPA qualificationAdvanced Computer SkillsIn depth knowledge and experience of captive insurance and insurance industry in the following areas:  (1) accounting for captives (2) insurance products, and (3) problem resolutionWillis Towers Watson knowledge (platforms, structure, etc.)Ability to monitor quality controlClient relationship skillsProject Management skillsBoard meeting presentation skillsWorking toward Leadership and People Management skillsComplianceCan solve complex issues and will raise highly complex issues to higher levelAbility to influence and negotiateExcellent verbal and written communication skills

EOE, including disability/vets