Senior Account Manager

WTW•South Burlington, VT

4d•Hybrid

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

4-year degree in Accounting, Finance or equivalent work experience, or related area or CPA qualification
Advanced Computer Skills
In depth knowledge and experience of captive insurance and insurance industry in the following areas: (1) accounting for captives (2) insurance products, and (3) problem resolution
Willis Towers Watson knowledge (platforms, structure, etc.)
Ability to monitor quality control
Client relationship skills
Project Management skills
Board meeting presentation skills
Working toward Leadership and People Management skills
Compliance
Can solve complex issues and will raise highly complex issues to higher level
Ability to influence and negotiate
Excellent verbal and written communication skills

Responsibilities

Ensures strong relationships with client, regulators, captive directors and key service providers.
Primary focus on financial statement review and/or preparation.
Works as part of the Client Service Team, as well as interacts with clients, prospects, regulators and external service providers.
Insurance 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.
Assist in providing input on strategic and operational issues.
Assume responsibility for a specific area of company strategy.
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.

Benefits

Medical (including prescription coverage)
Dental
Vision
Health Savings Account
Commuter Account
Health Care and Dependent Care Flexible Spending Accounts
Group Accident
Group Critical Illness
Life Insurance
AD&D
Group Legal
Identify Theft Protection
Wellbeing Program
Work/Life Resources (including Employee Assistance Program)
Paid Holidays
Annual Paid Time Off (includes state/local paid leave where required)
Short-Term Disability
Long-Term Disability
Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
Paid Time Off (only included for Washington roles)
Qualified contributory pension plan (if eligible)
401(k) plan with annual nonelective company contribution.
Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.