Captive Accounting Manager

Posted 3 Days Ago
Be an Early Applicant
Colchester, VT, USA
In-Office
120K-140K Annually
Expert/Leader
Insurance
The Role
Manage accounting and financial activities for a portfolio of captive insurance companies. Prepare and review financial statements, general ledgers, reconciliations, regulatory filings, tax returns, budgets, and management reports under GAAP, IFRS, SAP, and modified GAAP. Coordinate with auditors, actuaries, regulators, attorneys, bankers, and other service providers; support compliance testing and audits; present financial information to clients and boards; and train and oversee teammates.
Summary Generated by Built In

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown’s Risk Solutions team, formerly known as Beecher Carlson, is looking for a Captive Accounting Manager to join the team in Colchester, VT or remotely.

As an Accounting Manager, you will manage the day-to-day accounting and financial activities of a portfolio of captive insurance companies acting as focal contact person with senior management and our clients, with an opportunity to develop strategic and consulting skills. Responsibilities will include, but are not limited to:

  • Provide advice on compliance requirements, investment regulations and current accounting developments that affect clients
  • Give presentations at client, shareholder, and/or Board of Director meetings to review financial information. Prepare and/or review monthly financial statement package and management review for a group of captive clients, in accordance with GAAP, IFRS, SAP and modified GAAP
  • Perform all accounting necessary for maintaining captive clients, including preparing and/or reviewing all general ledgers, reconciliation and customized financial and managerial reports.
  • Training, oversight and development of teammates.
  • Work with all service providers including but not limited to auditors, actuaries, tax authorities, regulators, investment professionals, lawyers, TPAs and bankers; acting as client point person to organize and coordinate all matters to effectively manage the captive clients. Prepare and/or review regulatory filings, premium tax returns and NAIC filings.
  • Responsible for regulatory interfacing with each domicile – onshore and offshore, consisting of domiciles such as Vermont, Arizona, Bermuda, Cayman Islands, Colorado, Connecticut, Delaware, District of Columbia, Georgia, Hawaii, Michigan, Missouri, Nevada, and South Carolina.
  • Responsible or substantive audit review and compliance testing, involving drafting and reviewing of audit reports.
  • Monitor cash flow, prepare budgets and ad hoc reports. Work with multiple accounting systems, including Acumatica and Velixo to prepare financial statements in accordance appropriate accounting basis.
  • Maintain appropriate level of confidentiality of information processed.
  • Follow all company policies and procedures.
  • Other duties as assigned.

Qualifications:

  • Bachelor’s degree in Accounting or related field
  • 8-12 years’ experience in position with similar duties
  • Ability to use initiative and good judgment in accomplishing tasks with minimal errors.
  • Must possess critical thinking skills.
  • Establish and maintain effective work relationships and to function in a team environment.
  • Excellent listening, interpersonal and customer service skills.
  • Proficiency in use of personal computers, including data entry, word processing and spread sheet applications (Microsoft Office applications).

Preferred:

  • CPA designation

Pay Range

120000 - 140000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

  • Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance  
  • Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement 
  • Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
  • Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more. 

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations. 


Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

The Power To Be Yourself  

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. 

Skills Required

  • Bachelor's degree in Accounting or a related field
  • 8-12 years of experience in a position with similar duties
  • Ability to use initiative and good judgment while accomplishing tasks with minimal errors
  • Critical thinking skills
  • Ability to establish and maintain effective work relationships and function in a team environment
  • Excellent listening, interpersonal, and customer service skills
  • Proficiency with personal computers, data entry, word processing, spreadsheet applications, and Microsoft Office
  • CPA designation

Brown & Brown Insurance Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Brown & Brown Insurance and has not been reviewed or approved by Brown & Brown Insurance.

  • Healthcare Strength Healthcare offerings are broad, spanning medical/Rx, dental, vision, life, disability, and added programs alongside Lyra access with up to eight no‑cost coaching or therapy sessions for teammates and covered dependents. Breadth extends to fertility/adoption solutions, second‑opinion services, diabetes care, and Medicare advocacy.
  • Retirement Support The 401(k) program includes an employer match up to 4% (100% of the first 3% plus 50% of the next 2%) with immediate vesting. Savings support is positioned as a core element of the total‑rewards package.
  • Equity Value & Accessibility An Employee Stock Purchase Plan is available, and the company emphasizes an ownership mindset with a large share of teammates as shareholders. This creates accessible equity participation alongside retirement savings.

Brown & Brown Insurance Insights

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The Company
HQ: Daytona Beach, FL
2,391 Employees
Year Founded: 1939

What We Do

Brown & Brown Insurance provides risk management solutions to help protect what our customers value most. Our four business segments offer insurance products and services to businesses and individuals. Our culture is built on integrity, innovation, superior capabilities, and discipline. We view insurance differently and use our experience, carrier relationships, and principled customer focus to deliver first-class service and solutions. Becoming a Brown & Brown teammate introduces you to a career with virtually unlimited possibilities. We think of ourselves as a team, so we have teammates—not employees. We strive to attract people who are competitive, driven, and disciplined. Our unique company culture of meritocracy rewards self-starters and those committed to doing what is best for our customers. We are proud to be certified as a Great Place to Work ®. Brown & Brown has demonstrated a Culture of Caring through dedication to the people and communities we serve. With more than 11,000 teammates in over 300 locations across the US, Canada, Ireland, the UK, Bermuda, and the Cayman Islands, we actively support numerous organizations in the local communities in which we live, work, and play. With a long-standing history of proven success, Brown & Brown is one of the insurance industry’s most powerful and influential leaders, ranked as the fifth-largest brokerage in the US and sixth in the world. You can find us on the NYSE as BRO.

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