Senior Account Manager

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Hamilton, Lanarkshire, Scotland, GBR
In-Office
Senior level
Professional Services • Consulting
The Role
Manages accounting, financial reporting, regulatory compliance, audits, and client relationships for insurance entities. Reviews financial statements under US GAAP and IFRS, including IFRS 17 and LDTI considerations; coordinates regulatory responses and reporting; supports fee negotiations and management agreements; leads client meetings; and mentors junior colleagues. The role requires an accounting designation, extensive insurance management experience, supervisory capability, and knowledge of Bermuda insurance regulations.
Summary Generated by Built In
Company:Marsh

Description:

We are seeking a talented individual to join our team at Marsh. This role will be based in Hamilton, Bermuda. This position is onsite on a full-time basis.

The Senior Account Manager is responsible for the daily management and accounting functions of a portfolio of clients that consist predominantly of (re)insurance entities including captives, Commercial Insurers and Segregated Account Companies.  This managerial position provides financial monitoring and control and ensures regulatory compliance

We will count on you to:

  • Establish and maintain good working relationships with clients, colleagues and other stakeholders

  • Perform technical reviews of financial statements in accordance with US GAAP or IFRS

  • Coordinate timely and knowledgeable responses to accounting and regulatory inquires and requests from clients to ensure all financial and regulatory aspects of the clients are efficiently managed and clients maintain regulatory compliance

  • Manage audit and regulatory reporting

  • Partner on fee negotiations and management agreements.

  • Mentor colleagues with regard to adherence to company processes and procedures

  • Participate in client meetings including review and presentation of financial and regulatory information at those meetings.

What you need to have:

  • An internationally recognized professional accounting designation (e.g., ACCA, CA, or CPA) with a minimum of 8 years of recent insurance management experience, including building customer relationships in Account Management and/or Client Services roles.

  • Demonstrated strong knowledge and experience in financial reporting under GAAP and IFRS (specifically IFRS17), including reporting for Segregated Account Companies and understanding the insurance regulatory environment.

  • Possess excellent knowledge of local regulations, procedures, insurance policy structures, and proficiency in Microsoft Office suite.

  • Capable of managing own workload effectively, working well under pressure both independently and as part of a team, and providing training to junior team members.

What makes you stand out:

  • Extensive technical expertise in applying US GAAP and IFRS to insurance entities, with a focus on Long Duration Targeted Improvement (LDTI) and IFRS17 standards.

  • Proven experience working with commercial insurers, especially Class C/D/E licensed insurance entities in Bermuda, combined with a minimum of 5 years in supervisory or managerial roles.

  • Strong leadership skills including leading client meetings, motivated self-starting ability to independently research complex matters, high personal accountability, attention to detail, and adaptability to changing priorities while managing multiple tasks.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients and communities.

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

#LI-JG3

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

Skills Required

  • Internationally recognized professional accounting designation such as ACCA, CA, or CPA
  • Minimum of 8 years of recent insurance management experience
  • Experience building customer relationships in account management or client services roles
  • Strong knowledge and experience in financial reporting under US GAAP and IFRS, specifically IFRS 17
  • Experience reporting for Segregated Account Companies
  • Understanding of the insurance regulatory environment
  • Knowledge of local regulations, procedures, and insurance policy structures
  • Proficiency with Microsoft Office
  • Ability to manage workload independently and under pressure
  • Ability to provide training to junior team members
  • Technical expertise applying US GAAP and IFRS to insurance entities, including LDTI and IFRS 17
  • Experience with commercial insurers, particularly Class C, D, or E licensed Bermuda insurance entities
  • Minimum of 5 years in supervisory or managerial roles
  • Strong leadership skills and experience leading client meetings

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The Company
HQ: New York, New York
9,026 Employees

What We Do

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].

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