- Coordination of all activities on a portfolio of client accounts to ensure that the account is resourced appropriately for all activities to be achieved on time. Activities include financial statement processing and reporting, regulatory compliance, annual audits, actuarial analyses, insurance policy renewals, investment accounting, tax compliance, corporate governance and internal controls.
- Peer review of financial statements and domicile regulatory reports.
- Preparation of statutory financial accounting statements and the filing of NAIC report for risk retention groups and commercial insurance company clients.
- Training and development of junior staff on client account teams.
- Preparing for and attending client Board of Director meetings.
- Communication with service providers and regulators.
- Participate in client financial audits and regulatory examinations collaborating with external auditors and regulators to provide required documentation and respond to inquiries on the accounts.
Job Requirements:
Bachelor’s or equivalent education in Accounting or related field and 5 years of relevant accounting experience, including:
- Captive Insurance.
- Insurance accounting.
- Accounting principles, including GAAP and SAP and the different applications thereof to financial statement preparation and disclosure as well as regulatory reporting.
Domestic travel approximately 20% of the time is required.
Top Skills
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.
.png)
