Captive Accounting Manager

Davies • Taft Corners, VT

2d • $100,000 - $120,000 • Remote

About The Position

The Accounting Manager manages a portfolio of captive insurance clients, including risk retention groups, insurance reciprocal exchanges, and other complex structures. The role serves as a focal contact for senior management and clients and offers opportunities to develop strategic and consulting skills. The manager works independently, presents financial statements at board meetings, and mentors, trains, and leads team members.

This is a remote role, but the candidate must be based in Vermont due to a state requirement.

Requirements

• Bachelor’s degree in Accounting or a related field.
• 3–10 years of experience in a position with similar duties.
• Achievement of an Associate in Captive Insurance designation or similar designation.
• Current knowledge of GAAP and insurance accounting principles.
• Accounting research capability.
• Ability to use initiative and good judgment and accomplish tasks with minimal errors.
• Excellent listening, interpersonal, and customer service skills.
• Proficiency with personal computers, including data entry, word processing, spreadsheets, and Microsoft Office applications.
• Must be based in Vermont.

Nice To Haves

• CPA designation.

Responsibilities

• Advise clients on compliance requirements, investment regulations, and current accounting developments.
• Present financial information at client, shareholder, and/or Board of Director meetings.
• Prepare and/or review monthly financial statement packages and management reviews for captive clients in accordance with GAAP, IFRS, SAP, and modified GAAP.
• Perform accounting for captive clients, including preparing and/or reviewing general ledgers, reconciliations, and customized financial and managerial reports.
• Follow established guidelines, checklists, and procedures to help ensure managed companies remain compliant and internal controls are followed.
• Train, oversee, and develop teammates.
• Coordinate with service providers, including auditors, actuaries, tax authorities, regulators, investment professionals, lawyers, TPAs, and bankers.
• Prepare and/or review regulatory filings, premium tax returns, and NAIC filings.
• Conduct or substantively review audits and compliance testing, including drafting and reviewing audit reports.
• Monitor cash flow and prepare budgets and ad hoc reports.
• Use accounting systems, including QuickBooks and Gain, to prepare financial statements under the appropriate accounting basis.
• Maintain confidentiality of processed information and follow company policies and procedures.
• Maintain current knowledge of accounting, insurance, and regulatory issues affecting captives.
• Perform other duties as assigned.

Benefits

• Medical, dental, and vision plans.
• 401(k) plan with employer matching.
• Discretionary Time Off for exempt employees and Paid Time Off for non-exempt employees.
• Paid holidays.
• Life insurance.
• Short-term and long-term disability coverage.
• Paid sick leave, paid family and parental leave, and other mandated benefits where required by law.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager