AVP, Captive Management

CPA level position that supports day-to-day activities for a portfolio of captive insurance clients. Public speaking in front of large groups will also be required.

ESSENTIAL EDUCATION AND EXPERIENCE: Bachelor’s Degree in Finance, Accounting Business and at least five (5) years of experience. CPA preferred.

SKILLS/COMPETENCIES REQUIREMENTS:

• Excellent communication skills, both written and spoken English
• Ability and confidence to make presentations to clients at Board meetings or equivalent
• High degree of proficiency in use of such programs as MS Word, PowerPoint and Excel
• Internationally recognized accountancy qualification, with the ability to prepare complex financial statements related to captives
• Ability to work unsupervised, prioritizing & organizing own workload
• Ability to supervise and train staff
• Ability to produce accurate and timely work to meet deadlines
• Willingness to work in a team environment and be a team player
• Experience with group captives is highly preferred

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Supervising Account Administrator(s) and coordinate their development and training
• Ensuring accurate and timely approvals, G/L allocations, deposits and/or mailing of all receipts and payments
• Liaison with financial institutions on all aspects of funds management, investment and letters of credit, both incoming and outgoing
• Communications with shareholders and service providers, both written and verbal
• Ensure timely preparation of, maintenance and follow up on premium assessments, shareholder information databases, receipt of all required shareholder documentation, and receipt of required security collateral
• Review and approve periodic Financial Status and Security Collateral reports
• Liaison with the respective US State regulators on all aspects of each captive’s activities
• Monitor maintenance of corporate records and timely reporting of changes to relevant authorities (Secretaries of State)
• Preparation of complex financial statements, and other financial reports, for review by the Head of Domestic Captive Management, or by peers, and by CRI
• Liaison with external auditors to ensure the timely completion of each audit
• Attendance at and participation in client meetings, both domestically and internationally, including presentation of financial results, recording of minutes and completion of all corporate secretarial functions
• General assistance too, and other duties as assigned by the Employer

TRAVEL: Required, both domestically and internationally, for this position. This includes compliance with all of the requirements of the localities and destinations, as well as transportation carrier requirements.