Account Executive, AVP - Captive Management

Company:Marsh

Description:

Marsh Management Services is the exclusive captive solutions division of Marsh Inc., which includes providing advice, implementation, management and actuarial services. Marsh Management Services is seeking candidates for the following position based in the Cayman office.

Account Executive, AVP

What can you expect?

The Account Executive is responsible for the day-to-day management and oversight of a portfolio of captive clients, consisting of single parent captives, group captives and reinsurance companies. This person will develop and foster long-term strategic relationships with a portfolio of clients and is responsible for retaining, servicing and expanding clients. This will be an established, independent individual contributor, whose work has a direct impact on team success.

We will count on you to:

• Collaborate with the Marsh Cayman team to provide comprehensive service solutions that meet exceed the client's needs and function pertaining to regulatory compliance by clients.

• Prepare or perform technical review of financial statements in accordance with US GAAP and IFRS.

• Manage the financial audit process for clients with the auditors

• Establish and maintain good working relationships with clients, other service providers, regulators and colleagues.

• Coordinate timely and knowledgeable responses to questions and requests from clients.

• Participates in and coordinates client meetings, including presenting at Board Meetings.

• Assist Marsh colleagues in relation to fee budget, fee negotiations & expansion of services to clients; and assist colleagues in the preparation of licence applications for new insurance companies, developing relationships with prospects and new clients.

• Participate in local and global Marsh working groups with regard to various pertinent projects, including best practices working groups.

What you need to have: 

• Internationally recognized professional accounting qualification with public accounting experience (CPA, ACA, ACCA, CA etc.).

• Minimum of 2 years of experience working with an insurance manager or in the insurance industry.

• Excellent communication skills with the ability to present to Board of Directors at meetings in both Cayman and elsewhere (requiring travel outside office hours).

• Experience in relation to final reporting under US GAAP and IFRS 

• Strong organizational skills.

• Ability to work as part of a team, willingness and ability to work outside regular office hours.

What makes you stand out:

• Knowledge of Cayman Islands insurance acts, regulations, rules and regulatory statements of guidance is preferred

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

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Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.