Client Accountant, Captive Insurance

Itchyfeet Recruitment Agency; Isle of Man; On-site; GBP 40,000 - 64,000; Full time

Job summary

Our client, a prominent player in the insurance sector on the Isle of Man, is seeking a Client Accountant to join the Finance Team. You will manage the accounting requirements for a portfolio of clients and may engage in Board-level discussions as needed.

The role emphasizes timely statutory and management accounts, regulatory returns, and tax work for the Isle of Man. Excellent organisation and a proactive client delivery approach are valued, with standard Mon-Fri hours and some flexibility.

Qualifications

• Experience producing management and statutory accounts.
• Ability to work to client and regulatory deadlines.
• Strong written and verbal communication skills.
• Experience with audits and external auditors.
• Applicants with insurance or risk management exposure are preferred.

Responsibilities

• Act as key contact for clients, coordinating 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 returns and IPT returns.
• Review and monitor cash levels regularly.
• Liaise with IOMFSA and shareholder representatives.
• Prepare management information, forecasts, budgeting, and solvency calculations.
• Advise senior management on financial impact of decisions and present at Board level.
• Contribute to development of financial systems and participate in standards-driven projects.

Skills

Management accounts

Statutory accounts

Board reporting

Regulatory deadlines

Client service

Communication skills

Isle of Man tax/IPT

Education

Professional qualification or time-served

Job description

Our client, a prominent player in the insurance sector, is seeking a Client Accountant to join their Finance Team. This full-time role will require you to work Monday to Friday from 9am to 5pm, with flexibility in the hours to support client and business needs. As a key member of the team, you will manage the accounting requirements for a portfolio of clients, with opportunities to engage in Board-level activities and discussions. While experience in the insurance sector is advantageous, it is not essential; strong organisational skills and a proactive client delivery approach are highly valued.

JOB DUTIES:

• You will act as a key point of contact for clients and play a central role in coordinating both internal and external stakeholders.
• You will work with the Finance Team to prepare monthly or quarterly management accounts, including commentary, as well as semi-annual and annual regulatory returns.
• You will prepare statutory accounts and serve as the key contact for external auditors, ensuring that audits are completed within agreed timescales.
• You will undertake the preparation of Isle of Man tax returns and Insurance Premium Tax (IPT) returns.
• You will review and monitor cash levels on a regular basis.
• You will liaise with the Isle of Man Financial Services Authority (IOMFSA) and shareholder representatives when necessary.
• You will prepare additional key management information for clients, including regular forecasts, annual budgeting, and ad-hoc solvency calculations.
• With support when required, you will advise senior management on the financial impact of decisions and present financial information at Board level.
• You will contribute to the development of financial systems and processes.
• You will participate in regulatory and accounting standards-driven projects as required.

JOB REQUIREMENTS:

• You should enjoy working in a fast-paced professional environment and take pride in delivering excellent client service.
• You must be professionally qualified (or time-served for the right candidate).
• You should have day-to-day, firsthand experience of producing management and statutory accounts.
• You must be able to work to client and regulatory deadlines, organising various stakeholders effectively.
• You should possess strong written and verbal communication skills.
• Experience in insurance or risk management would be advantageous but is not essential.
• Experience working in a regulated or professional services environment is also desirable.
• Exposure to Board or senior management reporting is preferred.

WHAT YOU’LL LOVE:

This position offers a fantastic opportunity to enhance your career within the insurance sector on the Isle, with exposure to a diverse international portfolio of clients and stakeholders. Our client is committed to your professional development, providing structured on-the-job training and mentoring in a supportive team environment. As your experience grows, there will be opportunities to develop specialist knowledge in insurance, increase involvement in Board-level discussions, and progress into more senior leadership roles over time.