Senior Accountant, Captives

Posted 3 Hours Ago
Be an Early Applicant
Daytona Beach, FL, USA
In-Office
Senior level
Insurance
The Role
Performs full-cycle accounting for captive insurance entities, including journal entries, month-end close, account and bank reconciliations, cash disbursement approvals, reporting, and financial package analysis. Supports ASC 606 and ASC 944 calculations, maintains transaction documentation and quality controls, and meets strict deadlines. Requires a bachelor's degree and 3–5 years of general ledger experience, with advanced Excel skills. CPA, insurance experience, captive insurance knowledge, and Excel Power Query expertise are preferred.
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.

The Senior Accountant will perform operational, transactional and technical accounting activities in accordance with established policy, procedures, and objectives.  Responsible for adherence to quality control standards – both corporate and industry directed.

How You Will Contribute:

  • Complete monthly journal entries
  • Review and approve journal entries
  • Review and approve cash disbursements
  • Perform full cycle month-end close functions in Agency and ERP systems
  • Reconcile balance sheet and other accounts monthly and as needed
  • Run monthly close reporting
  • Meet strict deadlines
  • Reconcile bank accounts
  • Ensure all support for transactions is processed and filed accurately and timely
  • Prepare submission of documents as required by established controls
  • Assist with the calculation of ASC 606 / ASC 944 monthly and quarterly entries
  • Analyze results to verify accuracy of financial package 
  • Build courteous and successful relationships with various office staff to maintain efficient practices.
  • Promote teamwork, support, knowledge sharing and a positive attitude in the department and office.
  • Participate in training opportunities to remain current on industry information, new product development, legislation, coverages, and technology including professional development and continuing education.

Skills & Qualifications to Be Successful:

  • Strong Financial accounting and analytical skills
  • Planning/organizing – prioritize and plans work activities and efficient time management
  • Confidentiality - Maintain confidentiality, remain open to others' ideas and exhibit willingness to try new things
  • Oral communication – the individual speaks clearly and persuasively in positive or negative situations and demonstrates group presentation skills.
  • Written communication – the individual edits work for spelling and grammar, presents numerical data effectively and is able to read and interpret written information.
  • Problem solving - Individual identifies and resolves problems in a timely manner, gathers and analyzes information skillfully and maintains confidentiality
  • Quality control – the individual demonstrates accuracy and thoroughness and monitors own work to ensure quality.
  • Adaptability – the individual adapts to changes in the work environment, manages competing demands and is able to deal with frequent change, delays or unexpected events.
  • Ability to complete job tasks and assignments in the required time frame.
  • Demonstrate attention to detail and a desire to learn the relationship between financial drivers, metrics and reporting
  • Ability to absorb knowledge quickly
  • Comfortable in a fast-paced, dynamic work environment

Required:

  • Bachelor’s degree in accounting or related field
  • Proficient knowledge in Microsoft Office environment, including but not limited to Teams and Word
  • High proficiency in Excel
  • 3-5 years full cycle general ledger accounting experience

Preferred:

  • CPA
  • Insurance industry experience
  • Knowledge of captive insurance entities, including premium activity, reserves, and regulatory reporting considerations
  • Knowledge of Excel Power Query

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
  • Proficient knowledge of the Microsoft Office environment, including Teams and Word
  • High proficiency in Excel
  • 3–5 years of full-cycle general ledger accounting experience
  • CPA
  • Insurance industry experience
  • Knowledge of captive insurance entities, including premium activity, reserves, and regulatory reporting considerations
  • Knowledge of Excel Power Query

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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