AVP, Captive Management

CPA level position that supports day-to-day activities for a portfolio of captive insurance clients. Public speaking in front of large groups will also be required.
ESSENTIAL EDUCATION AND EXPERIENCE: Bachelor’s Degree in Finance, Accounting Business and at least five (5) years of experience. CPA preferred.
SKILLS/COMPETENCIES REQUIREMENTS:

Excellent communication skills, both written and spoken English

Ability and confidence to make presentations to clients at Board meetings or equivalent

High degree of proficiency in use of such programs as MS Word, PowerPoint and Excel

Internationally recognized accountancy qualification, with the ability to prepare complex financial statements related to captives

Ability to work unsupervised, prioritizing & organizing own workload

Ability to supervise and train staff

Ability to produce accurate and timely work to meet deadlines

Willingness to work in a team environment and be a team player

Experience with group captives is highly preferred

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Supervising Account Administrator(s) and coordinate their development and training

Ensuring accurate and timely approvals, G/L allocations, deposits and/or mailing of all receipts and payments

Liaison with financial institutions on all aspects of funds management, investment and letters of credit, both incoming and outgoing

Communications with shareholders and service providers, both written and verbal

Ensure timely preparation of, maintenance and follow up on premium assessments, shareholder information databases, receipt of all required shareholder documentation, and receipt of required security collateral

Review and approve periodic Financial Status and Security Collateral reports

Liaison with the respective US State regulators on all aspects of each captive’s activities

Monitor maintenance of corporate records and timely reporting of changes to relevant authorities (Secretaries of State)

Preparation of complex financial statements, and other financial reports, for review by the Head of Domestic Captive Management, or by peers, and by CRI

Liaison with external auditors to ensure the timely completion of each audit

Attendance at and participation in client meetings, both domestically and internationally, including presentation of financial results, recording of minutes and completion of all corporate secretarial functions

General assistance too, and other duties as assigned by the Employer

TRAVEL: Required, both domestically and internationally, for this position. This includes compliance with all of the requirements of the localities and destinations, as well as transportation carrier requirements.
Originally posted on Himalayas