Captive Insurance Accounting and Reporting Specialist

Captive Insurance Accounting And Reporting Specialist

The Captive Insurance Accounting And Reporting Specialist is an integral part of the financial team, specializing in the unique accounting and reporting needs of captive insurance entities. This role involves a blend of complex accounting tasks, regulatory compliance, and strategic financial analysis. The specialist ensures the financial integrity of the captive insurance operations, providing valuable insights that drive business decisions.

What will your job entail?

Job Responsibilities:

• Manage the administration of insurance policies, ensuring all policy documents are accurate and up-to-date.
• Oversee the processing of insurance claims, ensuring they are handled efficiently and accurately.
• Analyze financial data to identify trends, make forecasts, and provide recommendations for financial planning.
• Prepare and file tax returns for the captive insurance entities, ensuring compliance with tax laws and regulations.
• Monitor the performance of the captive's investment portfolio, making recommendations for adjustments as needed.
• Train and mentor junior staff members, promoting a culture of continuous learning and improvement.
• Assist in the development and implementation of accounting policies and procedures to enhance operational efficiency.

Work Experience and Education:

• Bachelor's degree in Finance or Accounting with 5 years of related experience; or 3 years and a Master's degree; or a PhD without experience; or equivalent work experience.

Licenses & Certifications:

• Certified Public Accountant (CPA) or Certified in Captive Insurance is preferred.

Technical/Functional Skills:

• Accounting Proficiency
• Regulatory Knowledge
• Financial Analysis
• Financial Reporting

Behavioral Skills:

• Effective Communication
• Interpersonal Skills
• Attention to Detail
• Decision Making
• Problem-Solving
• Continuous Learning

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.