Overview
This role manages the day-to-day accounting activities for an increasingly complex portfolio of captive insurance clients, which may include risk retention groups, insurance reciprocal exchanges, and/or other complex structures. The portfolio size and complexity vary by client.
The position serves as a focal point for senior management and clients and offers opportunities to develop strategic and consulting capabilities.
This is a remote role; however, the candidate must be based in Vermont per State requirement.
Responsibilities
- Advise on compliance requirements, investment regulations, and current accounting developments that affect clients.
- Present financial information at client, shareholder, and/or Board of Director meetings.
- Prepare and/or review monthly financial statement packages and management reviews for captive client groups in accordance with GAAP, IFRS, SAP, and modified GAAP.
- Perform and/or review all accounting necessary to maintain captive clients, including:
- General ledger preparation/review
- Reconciliations
- Customized financial and managerial reporting
- Follow established guidelines, checklists, and procedures to ensure managed companies remain compliant and internal controls are followed.
- Provide training, oversight, and development for teammates.
- Coordinate with service providers, including auditors, actuaries, tax authorities, regulators, investment professionals, lawyers, TPAs, and bankers.
- Prepare and/or review regulatory filings, premium tax returns, and NAIC filings.
- Conduct substantive audit reviews and compliance testing, including drafting and reviewing audit reports.
- Monitor cash flow, prepare budgets, and produce ad hoc reports.
- Use multiple accounting systems (including QuickBooks and Gain) to prepare financial statements according to the appropriate accounting basis.
- Maintain an appropriate level of confidentiality for all processed information.
- Follow all organizational policies and procedures.
- Maintain current knowledge of accounting, insurance, and regulatory issues impacting captives.
- Perform other duties as assigned.
Requirements
- Bachelor’s degree in Accounting or related field.
- 3–10 years of experience in a position with similar duties.
- Achievement of Associate in Captive Insurance or similar designation.
- Up-to-date knowledge of GAAP and insurance accounting principles.
- Ability to conduct accounting research.
- CPA designation preferred.
- Ability to use initiative and good judgment to complete tasks with minimal errors.
- Excellent listening, interpersonal, and customer service skills.
- Proficiency with personal computers and applications for data entry, word processing, and spreadsheets (Microsoft Office applications).
Preferred Qualifications
Compensation & Benefits
- Compensation: $100,000 – $120,000 / year.
- Medical, dental, and vision plans.
- 401(k) plan with employer matching.
- Time-off policies, including Discretionary Time Off (DTO) for exempt employees and Paid Time Off (PTO) for non-exempt employees.
- Paid holidays.
- Life insurance and short-term and long-term disability coverage.
- Benefit offerings, eligibility, and required employer contributions may vary based on role, classification, and applicable federal, state, and local laws, including those tied to an employee’s primary work location.
- Where required by law: paid sick leave, paid family and parental leave, and other mandated benefits in accordance with applicable state and local requirements.
Location
- Williston, VT
- Remote role with a requirement that the candidate be based in Vermont per State requirement.
Application Deadline