WHY JOIN SRS?
- Move beyond traditional accounting into a specialized, client-facing captive insurance career.
- Manage accounting and regulatory deliverables for captive insurance companies, including risk retention groups.
- Build deeper technical expertise through more complex account work.
- Expand your review responsibilities and support the development of junior team members.
- Collaborate with clients, auditors, regulators, service providers, and experienced SRS colleagues.
- Grow within a niche industry where accounting accuracy, client service, and business judgment matter.
RESPONSIBILITIES
Financial Reporting & Account Management
- Prepare accurate and timely monthly or quarterly journal entries and financial statements for client companies.
- Manage the financial and regulatory affairs of a portfolio of captive insurance companies, including risk retention groups.
- Take on more complicated accounts and expand review responsibilities for work completed by more junior staff.
- Assist with statutory financial accounting statements and NAIC reporting for risk retention groups and commercial insurance company clients.
- Assist with member accounting statements for group captive programs, as appropriate.
Regulatory Compliance & Tax Reporting
- Prepare and file regulatory reports required by domicile regulators accurately and on time.
- Prepare and file premium and excise tax returns for captive clients, following applicable state, county, and local requirements and deadlines.
- Maintain timely documentation in captive permanent files.
- Develop knowledge of captive corporate governance and related documentation.
Client Service, Governance & Communication
- Prepare board meeting materials and support client governance activities.
- Assist with client, service provider, and regulator communications, including video meetings, phone calls, emails, and in-person meetings.
- Liaise with clients, third-party service providers, and state regulators.
Audit, Examination & Review Support
- Support client financial audits and regulatory examinations by collaborating with external auditors and regulators, providing required documentation, and responding to account-related inquiries.
- Serve as the primary individual responsible for providing audit information for assigned accounts.
- Review reconciliation and disbursement activities performed by Assistant Account Managers I and II.
QUALIFICATIONS
- Accounting degree required.
- 4-7 years of financial accounting experience.
- Comprehensive and current technical knowledge and practical experience in insurance accounting.
- Experience with Microsoft Office and advanced Excel skills.
- Strong client service skills and effective verbal and written communication skills.
- Self-driven work style with the ability to work independently or as part of a team in a fast-paced environment where time management and prioritization are essential.
LOCATION:
Remote within the United States.
ENCOURAGED TO APPLY
Even if you don't meet every qualification listed above, we encourage you to apply. At SRS, we recognize that valuable skills and experiences can be gained through a variety of professional and educational paths. If you're excited about this opportunity and believe your background could contribute to our team, we'd love to hear from you.
ABOUT SRS
Strategic Risk Solutions Inc. (SRS) is the world's largest independent insurance company manager. SRS provides financial reporting, regulatory compliance, and program management services to captive insurance companies. We operate throughout the United States, in offshore domiciles including Barbados, Bermuda, and the Cayman Islands, and across Europe.
EQUAL OPPORTUNITY EMPLOYER
Strategic Risk Solutions is an Equal Opportunity Employer committed to creating and maintaining a workplace built on respect, inclusion, and equal opportunity. Qualified applicants will receive consideration for employment without regard to legally protected status.
For more information on SRS, please visit www.strategicrisks.com
Skills Required
- Accounting degree
- 4-7 years of financial accounting experience
- Technical knowledge and practical experience in insurance accounting
- Experience with Microsoft Office and advanced Excel skills
- Strong client service skills and effective verbal and written communication
- Ability to work independently and prioritize in a fast-paced environment
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.
