Captive Account Manager (Remote)

Work180; Burlington (VT); Remote; USD 65,000 - 100,000; Full time

Job summary

Work180, a leading company, seeks a Captive Insurance Account Manager in Burlington, Vermont. This role focuses on managing a portfolio of clients, ensuring compliance with regulatory standards, and fostering relationships with various service providers. Candidates should have an accounting background with captive experience, strong organizational skills, and effective communication capabilities. This position offers a competitive salary along with benefits that promote well-being and professional growth.

Benefits

PTO & paid holidays

401(k) with match

Health & wellness programs

Qualifications

• 2+ years of captive experience required.
• 2+ years of experience in preparing NAIC and other regulatory filings.
• Ability to multi-task and manage several projects simultaneously.

Responsibilities

• Manage day-to-day operations of a portfolio of clients.
• Prepare financial statements and regulatory filings.
• Liaise with brokers and service providers.

Skills

Communication

Organizational Skills

Responsiveness

Teamwork

Education

4 yr Accounting degree

CPA or equivalent

Tools

Microsoft Excel

Job description

Who We Are:

NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance who has also earned the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.

Captive Insurance Account Manager

This team member will be primarily responsible for the day-to-day insurance, regulatory and financial management of a portfolio of Group Captive Cells & Risk Retention Group (RRG) captives, as well as Single Parent captives working to maintain relationships with clients, producers, and various service providers including independent auditors, independent actuaries, attorney’s, TPA’s, carriers/reinsurers, and reinsurance brokers, to ensure client companies remain in compliance with regulatory and accounting requirements.

About RISC

As?NFP?has?grown as a?global risk management partner, it has?expanded?its footprint?and expertise?into the management of complex risk as its clients strategize to meet the?emerging?demands of the world’s economic, environmental, social, and regulatory challenges.?NFP provides a comprehensive range?of?tech-forward?alternative risk, captive consulting,?and?management?solutions?within our Risk & Insurance?Strategy?Collective (“RISC”).? At the core of RISC is?embedded a?progressive mindset which embodies?diversity and?inclusion?with?a leadership deep-rooted in?corporate?social responsibility.?This mindset?elevates?RISC’s approach to?the development of?our?relationships with our?partners.

About the Role

As a Captive Insurance Account Manager some of your key responsibilities will involve;

1. Managing the day-to-day operations of a portfolio of clients and be a contact for individuals from within various departments at the client (risk management, corporate accounting, tax, legal, etc.)
2. Ensuring the quality and timeliness of financial reports and regulatory filings on a consistent basis, in coordination with other NFP colleagues

1. Preparing financial statements, NAIC and state regulatory filings, including data compilation, journal entry development and input, as well as the creation of comprehensive financial statements and related supporting schedules and related regulatory reports.
2. Liaise with insurance and reinsurance brokers, including preparation and review of captive insurance policies and reinsurance contracts, as required

1. Coordinating efforts with outside service providers to meet client needs (audit, investment manager, actuary, claims manager, legal, etc.)
2. Assisting in preparing and presenting materials during client board meetings, ensuring both optimum quality and “value add” of the information included
3. Ensure compliance with the RISC governance framework

About You

As a Captive Insurance Account Manager your skills and qualifications will ideally include;

1. Proven ability to work effectively both in a team environment and independently in an office with other professionals in order to meet deadlines and satisfy the needs of the client and service team managers
2. 4 yr Accounting degree and/or 2+ years captive experience required
3. 2+ years of experience in preparing NAIC and other regulatory filings, and management financial statements with both Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (STAT) or related experiences
4. Proficiency in Microsoft Excel and GL software programs
5. Organized and able to multi-task with ability to effectively re-prioritize tasks as needed and manage several projects simultaneously
6. Demonstrated responsiveness to internal and external clients
7. Effective communicator, both verbally and written
8. Contribute to a collaborative, innovative and forward-thinking office
9. CPA or equivalent or CPA candidate a plus

What We Offer:

We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others. The base salary range for this position is $65,000 – $100,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

NFP and You... Better Together!

NFP is an inclusive Equal Employment Opportunity employer.