Captive Insurance - Client Accountant

Search-Select LTD; Douglas; On-site; GBP 50,000 - 65,000; Full time

Job summary

Search-Select LTD seeks a Client Accountant to join the Finance Team, managing the accounting for a portfolio of captive insurance clients. The role offers exposure to Board-level activities and the opportunity to contribute to strategic financial decisions.

You will produce monthly and quarterly management accounts, supervise statutory reporting, and liaise with auditors and regulators. A professionally qualified background and strong communication skills are essential.

Qualifications

• Qualified or time-served accountant with experience producing management accounts.
• Experience with statutory accounts and regulatory deadlines.
• Strong written and verbal communication skills.
• Ability to coordinate with clients and internal/external stakeholders.
• Desirable experience in insurance, captives, or regulated environments.

Responsibilities

• Be the main contact for a portfolio of captive insurance clients.
• Coordinate internal and external stakeholders.
• Prepare monthly or quarterly management accounts with commentary.
• Prepare statutory accounts and liaise with external auditors.
• Prepare Isle of Man tax and IPT returns.
• Monitor cash levels and liquidity.
• Interface with IOMFSA and shareholders as needed.
• Provide management information, forecasts, and budgeting.
• Support enhancements to financial systems and processes.
• Contribute to board-level financial discussions.

Skills

Client accounting

Stakeholder management

Analytical skills

Communication skills

Education

Accounting qualification (ACCA/CIMA/CA or time-served)

Job description

Our client seeks a Client Accountant to join their team.

Role Profile

To play a full role as a member of the Finance Team, taking responsibility for the accounting requirements of a portfolio of captive insurance clients, with the opportunity to participate in Board-level activities and meetings. While experience in insurance or captives is an advantage, it is not essential.

Key Responsibilities

• As a Client Accountant, you will act as a key point of contact for your clients and play a central role in coordinating internal and external stakeholders.
• Working with the Captive Insurance Team to prepare monthly or quarterly management accounts including commentary and preparing semi-annual or annual regulatory returns.
• Preparing statutory accounts and acting as the key contact for external auditors, ensuring audits are completed within agreed timescales.
• Preparation of Isle of Man tax returns and IPT returns.
• Review and monitor cash levels on a regular basis.
• Liaison with the Isle of Man Financial Services Authority (IOMFSA) and shareholder representatives where necessary.
• Preparation of additional key management information for clients such as regular forecasts and annual budgeting and ad-hoc solvency calculations.
• With support where required, advise senior management on the financial impact of decisions and present financial information at Board level.
• Contributing to the development of financial systems and processes.
• Participating in regulatory and accounting standards driven projects as required from time to time.

Key Skills and Experience

• Ability to work in a fast-paced, professional environment and takes pride in delivering excellent client service.

Essential skills and experience

• Professionally qualified (or time-served for the right candidate).
• Day-to-day, first-hand experience of producing management and statutory accounts.
• Working to client and regulatory driven deadlines and organising various stakeholders.
• Strong written and verbal communication skills.

Desirable (but not essential)

• Experience in insurance, captives, or risk management.
• Experience working in a regulated or professional services environment.
• Exposure to Board or senior management reporting.