Captive Accounting Manager @ Davies

As an Accounting Manager, you will manage the day-to-day management of an increasingly complex portfolio of captive insurance clients, including risk retention groups, insurance reciprocal exchanges and/or other complex structures, the number of which varies depending on complexity of the accounts. You will act as the focal contact person with senior management and our clients, with an opportunity to develop strategic and consulting skills. The Accounting Manager will demonstrate ability to work independently, present financial statements at board meetings, serve as a mentor and resource to staff, as well as ability to train and lead other members of the team. While this is a remote role, the candidate must be based in Vermont per State requirement.

• Provide advice on compliance requirements, investment regulations and current accounting developments that affect clients Give presentations at client, shareholder, and/or Board of Director meetings to review financial information.
• Prepare and/or review monthly financial statement package and management review for a group of captive clients, in accordance with GAAP, IFRS, SAP and modified GAAP Perform all accounting necessary for maintaining captive clients, including preparing and/or reviewing all general ledgers, reconciliation and customized financial and managerial reports.
• Responsible for following established guidelines, checklists and procedures, ensuring that managed companies remain compliant and internal controls are followed.
• Training, oversight and development of teammates.
• Work with all service providers including but not limited to auditors, actuaries, tax authorities, regulators, investment professionals, lawyers, TPAs and bankers; acting as client point person to organize and coordinate all matters to effectively manage the captive clients.
• Prepare and/or review regulatory filings, premium tax returns and NAIC filings.
• Responsible or substantive audit review and compliance testing, involving drafting and reviewing of audit reports.
• Monitor cash flow, prepare budgets and ad hoc reports.
• Work with multiple accounting systems, including QuickBooks and Gain to prepare financial statements in accordance appropriate accounting basis.
• Maintain appropriate level of confidentiality of information processed.
• Follow all company policies and procedures.
• Maintain up to date knowledge of accounting, insurance and regulatory issues affecting captives.
• Other duties as assigned.