Accountant, Captive Insurance - Bilingual Spanish/English

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Charleston, SC, USA
In-Office
Junior
Insurance
The Role
Support financial and regulatory operations for a portfolio of captive insurance companies: prepare journal entries and financial statements, file regulatory and tax reports, assist with statutory/NAIC filings, manage reconciliations, audits, and regulator communications, and maintain governance and permanent files.
Summary Generated by Built In
Strategic Risk Solutions Inc. (SRS), the world’s largest independent insurance company manager, is growing and seeking an accounting professional to join our US East Captive Management servicing team, based in our Charleston, SC Office.
As our Accountant (Account Manager I), you will support the financial and regulatory operations of a portfolio of captive insurance companies.Responsibilities and Duties:
  • Accurate and timely preparation of monthly or quarterly journal entries and financial statements.
  • Prepare and file regulatory reports required by domicile regulators.
  • Maintain permanent file documentation.
  • Develop knowledge of captive corporate governance and assist with Board Meeting materials.
  • Assist in preparation of statutory accounting statements and NAIC filings.
  • Prepare and file premium and excise tax returns.
  • Review reconciliation and disbursement activities performed by Assistant Account Managers.
  • Support client, provider, and regulator communications.
  • Manage client audits and regulatory examinations.
Attributes and Skills:
  • Bachelor’s degree in Accounting required; CPA a plus.
  • Proficiency in Spanish and English.
  • 2+ years financial accounting experience.
  • Knowledge of insurance accounting.
  • Strong time management and communication skills.
  • Proficient in Microsoft Office and Excel; SharePoint knowledge.
  • Ability to travel up to 5%.

SRS provides financial reporting, regulatory compliance, and program management services to captive insurance companies. We operate throughout the United States, in offshore domiciles (Barbados, Bermuda, and the Cayman Islands) and in Europe. 
Offering a competitive salary, bonus plan, and a generous benefits package, SRS strives to provide every employee with opportunities for rewarding growth and advancement in an environment of genuine equity and inclusion. The pace is fast and demanding, and SRS’s dedication to its people has established a company-wide network of colleagues committed to each other’s, as well as the Company’s, success.  
EOE 

 

Skills Required

  • Bachelor's degree in Accounting
  • CPA
  • Proficiency in Spanish and English (bilingual)
  • 2+ years financial accounting experience
  • Knowledge of insurance accounting
  • Strong time management and communication skills
  • Proficient in Microsoft Office and Excel
  • SharePoint knowledge
  • Ability to travel up to 5%

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The Company
HQ: Concord, MA
193 Employees
Year Founded: 1993

What We Do

Strategic Risk Solutions is a leading independent insurance management firm with representation in all major onshore and offshore domiciles. It provides financial reporting, regulatory compliance and underwriting management services to existing and prospective captive insurance companies. SRS was ranked the 4th largest captive manager worldwide and the largest independent by Business Insurance at December 31, 2020. For many people, captive management is treated as a routine task of keeping the books and records of a captive. The industry has been plagued by mediocre service, high staff turnover and low customer satisfaction. At SRS, we believe that isn’t good enough. Captive Management Plus reflects our commitment to be the premier provider of management and consulting services to the captive insurance industry. What do we mean by Plus? The Plus is both the quality rating of our core captive management services and the value added consulting services we provide in support of captive management. We achieve the Plus by: --Delivering outstanding service; --Strictly adhering to best-in-class internal controls and regular evaluations of these through Statement on Standards for Attestation Engagements No. 18 audits; --Helping Clients succeed, particularly through our reputation for innovation; and --Providing a depth of expertise by hiring the best in the business, keeping a laser focus on captives, as well as utilizing team structures and a "one firm" approach to servicing Clients. This model has been validated by Client feedback from our annual Customer Survey and our success and longevity. Contact us to learn more.

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