Captive Account Manager (Remote)

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

Job summary

NFP, a leading consulting company, seeks a Captive Insurance Account Manager in Burlington, VT. This role involves managing client portfolios, ensuring compliance with regulations, and preparing financial documentation. The ideal candidate will have an accounting degree and relevant captive industry experience, and thrive in a collaborative and dynamic environment.

Benefits

Competitive Salary

PTO & Paid Holidays

401(k) with Match

Health & Wellness Programs

Qualifications

• 4+ years of captive experience or relevant strong accounting experience.
• Experience in preparing NAIC and regulatory filings.
• Effective communicator; able to work independently and in teams.

Responsibilities

• Manage day-to-day operations of a client portfolio effectively.
• Ensure timely quality of financial reports and compliance.
• Interact with clients and outside service providers to meet needs.

Skills

Communication

Teamwork

Organizational Skills

Multi-tasking

Responsiveness

Education

4 yr Accounting Degree

CPA or CPA Candidate

Tools

Microsoft Excel

GL Software Programs

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’sapproach 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;

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.)

Ensuring the quality and timeliness of financial reports and regulatory filings on a consistent basis, in coordination with other NFP colleagues

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.

Liaise with insurance and reinsurance brokers, including preparation and review of captive insurance policies and reinsurance contracts, as required

Coordinating efforts with outside service providers to meet client needs (audit, investment manager, actuary, claims manager, legal, etc.)

Assisting in preparing and presenting materials during client board meetings, ensuring both optimum quality and “value add” of the information included

Ensure compliance with the RISC governance framework

About You

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

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

4 yr Accounting degree and/or 2+ years captive experience required

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

Proficiency in Microsoft Excel and GL software programs

Organized and able to multi-task with ability to effectively re-prioritize tasks as needed and manage several projects simultaneously

Demonstrated responsiveness to internal and external clients

Effective communicator, both verbally and written

Contribute to a collaborative, innovative and forward-thinking office

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.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.