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Captive Insurance Accountant


Job Overview
Provide strategic consulting to customers on their Captive insurance needs within the United States market. Responsible for the financial and the regulatory reporting of a portfolio of captive insurance companies. You will regularly interact with senior professionals from a diverse client base, and you will have the opportunity to help our clients with unique solutions.
Applicants must have unrestricted work authorization in Puerto Rico and must reside in Puerto Rico to fulfill the role's regulatory and operational responsibilities.
Job Responsibilities
Preparing feasibility studies for prospective captive clients
Developing strategies for existing customer base
Performing all aspects of the financial reporting for client accounts
Serving as the primary contact for individuals from various departments from the client's side, such as risk management, corporate controllership, tax, legal, etc.
Develop processes for client services in order to ensure quality and timeliness of financial reporting and regulatory filings
Mentor and develop accounting team members
Coordinate efforts with outside service providers, including actuaries, auditors, investment managers, brokers, claims adjusters and outside counsel to proactively meet client needs
Strategize with clients on how best to optimize their captive insurance company and help develop solutions to complex client problems
Prepare and present materials during client board meetings
Learn to file management and regulatory reports for Risk Retention Groups
Skills And Qualifications
Ability to develop and communicate innovation solutions
Ability to establish work priorities and manage time effectively
Attention to detail and can work independently and as a team member
Demonstrated effectiveness in presentations to clients
Excellent interpersonal and communication skills
Strong accounting skills
Strong critical thinking skills
Proven experience in senior accounting/finance roles, preferably within Captive Management and/or Insurance
Job Requirements
Bachelor's degree in Accounting, Finance, or Business Administration
Minimum of 5 to 10 years of experience, direct captive management experience a plus
Experience with Excel and financial accounting/general ledger accounting software
Proficiency in Microsoft Office – Excel, Word, and PowerPoint
CPA, MBA or other financial professional certification
Must be a Puerto Rico resident
Must be fluent in English, as this position interacts directly with U.S.–based clients

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