Analyst I - Account Management - Captives

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Hiring Remotely in Hiranandani Gardens, Mumbai Suburban, Mahārāshtra, IND
Remote
Entry level
Professional Services • Consulting
The Role
Manages day-to-day activities for captive insurance clients, prepares financial statements and regulatory filings, reconciles cash and investment accounts, supports audits, maintains compliant client files, coordinates with service providers, and prepares board meeting materials.
Summary Generated by Built In
Company:Marsh

Description:

Responsible for a portfolio of clients and managing the day to day activities of those captive insurance companies.
Prepares financial statements in an accurate and timely manner, including supplemental financial information required by the client.
Be familiar with international clients' unique rules and regulations.
Reconciles cash and investment accounts. Prepare bank deposits and cash disbursements.
Assists in the completion of the annual audit for clients, which can include preparation of regulatory filings and GAAP financial statements.
Helps ensure legal and regulatory compliance processes and procedures are followed for local accounting and financial reporting.
Maintains client files in accordance with regulations and best practices.
Learns and develops client and third party providers relationships.
Corresponds with other service providers.  Including reviewing, analyzing and discuss any reports provided by the service providers (eg. actuaries, auditors, claims handlers, etc)
Prepares board and committee meeting materials and participate in the annual board of directors' meeting and other client meetings.
Performs other job-related duties as assigned.
Complies with Marsh internal controls and any client specific internal controls.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Skills Required

  • Knowledge of accounting and financial reporting principles, including GAAP
  • Ability to prepare accurate financial statements and supplemental client reporting
  • Ability to reconcile cash and investment accounts and process deposits and disbursements
  • Familiarity with international client rules and regulations
  • Ability to support annual audits and prepare regulatory filings
  • Understanding of legal, regulatory, and internal control compliance processes
  • Ability to manage client, auditor, actuary, claims handler, and other service-provider relationships

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