Captive Accounting Manager

Davies • Williston, VT

2d • Remote

About The Position

Manage the day-to-day accounting and client service for a portfolio of captive insurance clients, including risk retention groups, insurance reciprocal exchanges, and other complex structures. Serve as the focal contact for senior management and clients, with opportunities to develop strategic and consulting skills. The role requires working independently, presenting financial statements at board meetings, and mentoring, training, and leading team members. This is a remote position, but the candidate must be based in Vermont per state requirements.

Requirements

• Bachelor’s degree in Accounting or a related field.
• 3–10 years of experience in a position with similar duties.
• Achievement of Associate in Captive Insurance or a similar designation.
• Up-to-date knowledge of GAAP and insurance accounting principles.
• Accounting research capability.
• Ability to use initiative and good judgment to complete 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 preferred.

Responsibilities

• Advise clients on compliance requirements, investment regulations, and current accounting developments.
• Present and review 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 necessary to maintain 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, serving as the client point person.
• 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 (DTO) for exempt employees and Paid Time Off (PTO) 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 legally mandated benefits where required.

What This Job Offers

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