Captive Insurance Accounting and Reporting Specialist

Ryan Specialty•Media, PA

4d•$78,050 - $90,000

About The Position

The Captive Insurance Accounting and Reporting Specialist is an integral part of the financial team, specializing in the unique accounting and reporting needs of captive insurance entities. This role involves a blend of complex accounting tasks, regulatory compliance, and strategic financial analysis. The specialist ensures the financial integrity of the captive insurance operations, providing valuable insights that drive business decisions.

Requirements

Bachelor’s degree in Finance or Accounting with 5 years of related experience; or 3 years and a Master’s degree; or a PhD without experience; or equivalent work experience.
Accounting Proficiency
Regulatory Knowledge
Financial Analysis
Financial Reporting
Effective Communication
Interpersonal Skills
Attention to Detail
Decision Making
Problem-Solving
Continuous Learning

Nice To Haves

Certified Public Accountant (CPA) or Certified in Captive Insurance is preferred.

Responsibilities

Manage the administration of insurance policies, ensuring all policy documents are accurate and up-to-date.
Oversee the processing of insurance claims, ensuring they are handled efficiently and accurately.
Analyze financial data to identify trends, make forecasts, and provide recommendations for financial planning.
Prepare and file tax returns for the captive insurance entities, ensuring compliance with tax laws and regulations.
Monitor the performance of the captive’s investment portfolio, making recommendations for adjustments as needed.
Train and mentor junior staff members, promoting a culture of continuous learning and improvement.
Assist in the development and implementation of accounting policies and procedures to enhance operational efficiency.