Senior Account Manager

WTWSouth Burlington, VT
$80,000 - $115,000

About The Position

The Senior Account Manager is responsible for delivering comprehensive management services to a portfolio of captive insurance companies. This role operates under general direction and focuses on financial statement preparation and review, regulatory compliance, and client relationship management. The position plays a key part in supporting strategic initiatives, ensuring adherence to accounting practices, and maintaining effective communication with clients, regulators, and service providers. Ideal candidates will have a strong background in accounting and captive insurance, excellent analytical and communication skills, and the ability to manage complex issues and client needs with professionalism. Note: visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Requirements

  • Strong background in accounting and captive insurance
  • Excellent analytical and communication skills
  • Ability to manage complex issues and client needs with professionalism

Responsibilities

  • Liaison with insurance broker and reinsurance brokers as required.
  • Assist with underwriting documentation and decisions in conjunction with the Client Service Team and the Practice Underwriting resources, as appropriate.
  • Monitoring of exposures and risk transfer pricing within assigned portfolio.
  • Obtain regulatory approval for changes to the business plan.
  • Obtain Board approval for underwriting decisions.
  • Monitoring of domicile solvency and capital requirements
  • Obtaining regulatory approval of changes to business plan
  • Obtaining board approval for underwriting decisions
  • Accounting for premium
  • Agree reserving methodology
  • Ensure the production of management financial statement accounts, statutory accounts and information, budgets, cash flow statements and supplementary information as required.
  • Assist with the adoption of appropriate accounting practices and ensure adherence thereto.
  • Manage or supervise cash requirements of the companies
  • Liaise with and monitor investment managers in respect of invested funds
  • Assist Client Service Team with co-ordination of board meetings
  • Ensure timely production and accuracy of board papers.
  • Ensure timely production of minutes and review prior to distribution.
  • Action matters arising from client meetings
  • Ensure relevant company secretarial functions are performed in a timely manner.
  • Ensure compliance with Corporate Governance.
  • To assist in providing input on strategic and operational issues. Assume responsibility for a specific area of company strategy.
  • To assist in implement policies adopted by Practice
  • Contact is maintained with all client directors and that they are advised of any developments.
  • Keep Practice leadership apprised of client developments.
  • Entertain clients & prospects as required.
  • Support Senior Management in performing board insight, perspective & thought leadership as required
  • Understands importance of Internal Control procedures and the WTW code of Conduct and works to be seen as a role model in the office.
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