Captive Accountant

Risk Strategies

About The Position

Captive Accountant is responsible for maintaining accurate financial records and supporting the accounting operations of multiple captive insurance entities. This role involves preparing monthly financial statements, reconciling accounts, and ensuring compliance with GAAP and regulatory requirements. The ideal candidate will have strong analytical skills, attention to detail, and proficiency in accounting software. Your Impact: Maintain monthly financial records for several captive insurance entities. Record and reconcile bank transactions monthly. Analyze investment account statements, enter transactions, and reconcile accounts monthly. Prepare and post monthly journal entries. Maintain client-specific claim funds ledger. Coordinate premium and claim reporting between fronting carriers and third-party administrators. Generate monthly financial statements in accordance with GAAP. Assist with preparation of 1099 forms and annual reports. Calculate surplus to determine availability for alternative investments and dividends. Prepare bank transaction listings and investment calculations for available funds. Respond promptly to audit and regulatory examination requests. Risk Strategies is the 9th largest privately held U.S. brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies is an Accession Risk Management Group company, with over 200 offices and more than 5,000 employees across the U.S. and Canada. Our industry recognition includes being named a Great Place to Work, Best Places to Work in Insurance, and on the Inc. 5000 list as one of America’s Fastest Growing Private Companies. We are committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.

Requirements

Strong analytical and problem-solving skills
Excellent time management and organizational abilities
High attention to detail and accuracy
Effective written and verbal communication skills
Proficiency in MS Excel and accounting software (QuickBooks preferred)
Bachelor’s degree in accounting
2–5 years of relevant accounting experience (insurance or captive experience preferred)
Solid understanding of GAAP and general ledger functions
Experience with financial statement preparation and reconciliation processes
Ability to work independently and manage multiple priorities

Nice To Haves

insurance or captive experience preferred
Proficiency in QuickBooks

Responsibilities

Maintain monthly financial records for several captive insurance entities.
Record and reconcile bank transactions monthly.
Analyze investment account statements, enter transactions, and reconcile accounts monthly.
Prepare and post monthly journal entries.
Maintain client-specific claim funds ledger.
Coordinate premium and claim reporting between fronting carriers and third-party administrators.
Generate monthly financial statements in accordance with GAAP.
Assist with preparation of 1099 forms and annual reports.
Calculate surplus to determine availability for alternative investments and dividends.
Prepare bank transaction listings and investment calculations for available funds.
Respond promptly to audit and regulatory examination requests.