Senior Accountant & Captive Manager

001 Brown & Brown, Inc; United States; Remote; USD 110,000 - 120,000; Full time

Benefits offered by this job

Health benefits

Paid time off

401k

Job summary

Brown & Brown, Inc is seeking a Senior Accountant to join the Captive practice. You will manage day-to-day accounting for captive insurance entities, preparing GAAP-based financial statements and reporting packages, and coordinating regulatory filings across multiple domiciles.

The role requires 5–10 years of progressive accounting experience, strong GAAP knowledge, and the ability to manage multiple client portfolios with minimal supervision.

Qualifications

• Bachelor's degree in Accounting or related field.
• 5–10 years of progressive accounting experience.
• Strong knowledge of GAAP and insurance accounting principles.
• Demonstrated ability to manage multiple clients and deadlines with minimal supervision.
• Proficiency in Microsoft Excel, Word, PowerPoint, and enterprise accounting systems.
• CPA designation preferred.

Responsibilities

• Perform day-to-day accounting for captive insurance entities including general ledger, reconciliations, and custom reports.
• Prepare and review monthly/quarterly financial statements per GAAP, SAP, and modified GAAP.
• Monitor cash/investment activity and intercompany transactions for accuracy.
• Lead audit preparation and coordinate with external service providers.
• Present financial results to clients and senior management, explaining complex accounting matters clearly.
• Utilize multiple accounting systems (Acumatica, MAS 500, BizNet, Velixo, Wings) to deliver accurate information.

Skills

GAAP knowledge

Insurance accounting

Multi-client management

Analytical skills

Excel proficiency

Communication skills

Client service

PowerPoint

Education

Bachelor's degree in Accounting

CPA designation preferred

Tools

Acumatica

MAS 500

BizNet

Velixo

Wings

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Brown & Brown's Risk Solutions Team, formerly Beecher Carlson, is looking for a Senior Accountant to join our Captive practice. As a Senior Accountant with our Captive team, you will manage the day-to-day accounting and financial activities of a portfolio of captive insurance companies, acting as focal contact person with senior management and our clients, with an opportunity to develop strategic and consulting skills.

Responsibilities include but are not limited to:

Captive Accounting & Financial Reporting

• Perform all accounting activities for assigned captive insurance entities, including general ledger maintenance, reconciliations, and customized financial and management reports.
• Prepare and review monthly and quarterly financial statement packages in accordance with GAAP, SAP, and modified GAAP, as applicable.
• Monitor cash activity, investment activity, and intercompany transactions to ensure accuracy and compliance.
• Prepare budgets, forecasts, and ad hoc financial analyses to support client and internal reporting needs.

Regulatory & Compliance Management

• Prepare and file regulatory submissions, including premium tax returns, NAIC Blank Forms, and other domicile-specific filings for captive insurance companies and Risk Retention Groups.
• Serve as the primary accounting contact for regulatory matters across onshore and offshore domiciles, which may include Vermont, Hawaii, District of Columbia, Bermuda, Cayman Islands, and other U.S. and international jurisdictions.
• Maintain current knowledge of regulatory requirements, accounting standards, and compliance obligations impacting captive clients.

Audit & Service Provider Coordination

• Lead audit preparation and substantive review activities, including drafting and reviewing audit schedules, financial statements, and supporting documentation to obtain clean audit opinions.
• Coordinate and communicate with external service providers, including auditors, actuaries, tax advisors, regulators, investment managers, and bankers, ensuring timely and accurate information exchange.
• Provide guidance on accounting developments, investment regulations, and compliance considerations affecting captive programs.

Client Engagement & Advisory Support

• Act as a trusted advisor and primary accounting contact for assigned captive clients, including participation in client, shareholder, and Board of Director meetings as needed.
• Present financial results and explain complex accounting matters in a clear, professional manner to non-technical audiences.
• Support client retention through consistent service delivery, responsiveness, and high-quality financial reporting.
• Other client service & support activities at the direction of management.

Systems & Process Management

• Utilize multiple accounting and reporting systems, including Acumatica, MAS 500, BizNet, Velixo, and Wings, to prepare and deliver accurate financial information.
• Identify opportunities to improve accounting processes, controls, and efficiencies while maintaining compliance and data integrity.
• Support internal initiatives related to system enhancements, documentation standards, and process consistency across the Captive Practice.

Qualifications

• Bachelor's degree in Accounting or a related field.
• Minimum of 5–10 years of progressive accounting experience, preferably within captive insurance, insurance, or financial services.
• Strong knowledge of GAAP and insurance accounting principles.
• Demonstrated ability to manage multiple clients and deadlines with minimal supervision.
• Strong analytical, critical thinking, and problem‑solving skills.
• Excellent interpersonal, communication, and client service skills.
• Proficiency in Microsoft Excel, Word, PowerPoint, and enterprise accounting systems.
• Preferred: CPA designation.
• Experience with captive insurance companies and multiple regulatory domiciles.

Pay Range 110000 - 120000 Annual

Teammate Benefits & Total Well-Being

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
• Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, "The Power to Be Yourself". We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined.

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater "WE"—never "me." While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.