Job Summary: The Senior Account Manager is an experienced Account Manager who demonstrates leadership, initiative, and readiness to take on more complex responsibilities. This role manages the financial and regulatory affairs of a portfolio of captive insurance companies
Supervisory Responsibilities: None.
Essential Responsibilities:
- Prepare or peer review financial statements for each client.
- Oversee annual audit process
- Monitor liquidity needs and manage each client’s cash position.
- Process and oversee payments.
- Ensure compliance of investments with Board-approved Investment Policy
- Maintain timely and professional communication with clients, service providers and regulators.
- Review, update and issue insurance and reinsurance documentation, including certificates of insurance.
- Issue notices of meetings (shareholders, directors, committees), prepare board packages, attend local meetings and draft minutes.
- Maintain a visible and respected profile for SRS in the local community.
- Respond promptly and professionally to client requests.
- Support Account Executives, Directors and Managing Directors on any additional duties as assigned.
- Ensure all clients’ records are accurate and up to date.
Required Skill/Abilities:
- Accounting degree and recognized professional accounting designation (CA, FCA, CPA)
- Minimum 3 years of captive management experience required; reinsurance or group captive experience preferred.
- Strong knowledge of US GAAP and financial reporting.
- Excellent analytical, time management, and prioritization skills.
- Self-motivated with the ability to work independently and collaboratively.
- Strong verbal and written communication skills
- Excellent client service orientation
- Proficiency in Microsoft Office products
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.
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