Dublin, Dublin, IE
9 days ago
Captive Account Manager - Accountant

The Business :

WTW Captive & Insurance Management Solutions (“CIMS”) is a global team of risk finance, accounting, and insurance administration experts. We provide an integrated approach and a unique perspective to unlock potential in organizations’ risk financing strategies through captives and other insurance facilities. We are located where our clients need us, with captive management teams in domiciles around the world, and risk financing and captive consulting specialists in geographies where organizational risk strategies are evolving.
Approximately 330 captives are under WTW management globally with combined gross premiums in excess of $20.6 billion and total client captive assets of $57 billion.
CIMS has over 200 dedicated employees, including qualified accountants, risk finance specialists, captive strategy consultants, underwriting and claims specialists, compliance and governance specialists and risk management specialists

The Role
Job Summary
An exciting opportunity has become available for an Account Manager to join our Dublin based captive management team. This is a fantastic opportunity for the right candidate to contribute to growth in an international risk and insurance environment as part of the WTWGroup.This is a permanent position.

Work Style
This is a hybrid role.  Initial induction and training will be in the Dublin office.  Thereafter, all members of the team are entitled to work remotely if desired with the exception of attending the office (or other location as required) for client visits and quarterly Team Days or as business needs dictate.

Principal Duties/Responsibilities
• Overall responsibility for management of a portfolio of (re)insurance companies.
• Responsible for ensuring that client companies under management comply with Central Bank of Ireland regulations and filing requirementsunderSolvency II legislation and guidelines.
• Maintaining an on-going relationship with assigned clients and gaining an understanding of the clients’ business and industry.
• Responsible for production of accurate and timely financial and management information for our clients to facilitate effective decision making.
• Relationship management with owner/parent company, insurance regulator, directors, auditors, actuaries, bankers, tax advisers etc.
• Account Management for specific clients: Work closely with underwriting team to ensure that each of our client companies’
• Reporting and control requirements are met in full, and on a timely basis.
• Review and or preparation of Management Accounts, and any other ad hoc reports and budgets, forecasts etc. in a format prescribed by our clients.
• Preparation and timely filing of all regulatory and statistical reporting requirements.
• Preparation of client companies’ year-end financial statements and liaising with external auditors.
• Monitoring of adherence to regulatory requirements including QRT submissions and the coordination of the ORSA.
• Monitoring and ensuring that each company complies with Irish Company Law.
• Liaising with tax advisors to ensure clients are in compliance with all relevant tax heads.
• Cooperate and liaise with the Heads of Function: Risk, Compliance, Actuarial and Internal Audit.
• Cash management and reconciliation in accordance with instructions provided by the Board, including liaison with the company’s        Banks and Investment Managers and the
•Production of appropriate reports.
• Liaise with client service team to coordinate client board meetings.
• Client entertainment, as required.
•Overall responsibility for organizing and attendance of client board meetings including preparation and presentation of material.

Mandatory: Hold a professional Accounting Qualification (ACA/ACCA etc.)Mandatory: Be a strong financial accountant with good knowledge of international accountingstandardsAdvantageous: Have experience of Irish Regulatory environment, including Solvency IIregimeAdvantageous: Have experience of (re)insurance accounting preparationAdvantageous: Knowledge of captive insurance industry

Additional Skills and attributes:

Excellent oral / written communication skillsProfessional, inclusive and positive attitudeTeam playerOrganizedAbility to work to tight deadlines, producing high quality deliverables

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

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