SRS provides consulting, accounting, and management services to insurance companies, predominantly those licensed as captive insurance companies, in the US, Barbados, Bermuda, the Cayman Islands and Europe with a staff of 400+ employees and expects to continue to grow and expand domestically and abroad.
Duties include:
- Policy administration of a portfolio of commercial (re)insurance companies via the use of a relevant SaaS Insurance platform, including the review and update of insurance policies and the processing of insurance claims;
- Liaison with all relevant stakeholders in the performance of duties, including the customers and agents associated with each company;
- Processing customer inquiries related to policies, coverage, and claims, providing detailed information and resolving issues in a timely manner.
- Assistance with the implementation of efficient administrative procedures to streamline insurance operations and improve customer service.
- Accounts payable, online cash management and related bank functions;
- Assist in the preparation of monthly, quarterly, and annual cash and investment accounting statements and reconciliations;
- Bank and investment account on-boarding for new client engagements;
- Liaise with financial institutions on payment queries and processes;
- Monthly Bank reconciliations for client bank and investment accounts; and
- Other administrative tasks related to the policy administration of the client portfolio as may be assigned from time to time by management.
- Relevant years training and experience in a similar role in a professional environment;
- Detail-oriented with superb organizational skills and comfortable with routinely shifting demands to meet strict reporting deadlines;
- Must be a self-starter and motivated;
- Strong verbal and written communication skills;
- Ability to build lasting relationships with all levels of employees, along with our clients; and
- Demonstrated proficiency with Microsoft Office suite, including PowerBI.
We offer a competitive salary and a comprehensive benefits package including medical, dental, vision, life, disability coverage, and profit participation.
Suitably qualified persons can deliver their application directly to:
Kirk Cyrus
Managing Director
Strategic Risk Solutions
Letchworth House
The Garrison
St. Michael, BB14038
BARBADOS
E-mail: [email protected]
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.
