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WTW · 2 days ago

Senior Accountant (Senior Account Manager)

38 Eastwood Drive, South Burlington, VT, 05403, US

Full-time

Hybrid

Senior Level

$90K/yr - $115K/yr

WTW is a leading global advisory, broking, and solutions company. The Senior Accountant is responsible for delivering comprehensive management services to a portfolio of captive insurance companies, focusing on financial statement preparation, regulatory compliance, and client relationship management.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Responsibilities

Ensures strong relationships with client, regulators, captive directors and key service providers

Primary focus on financial statement review and/or preparation

Works as part of the Client Service Team, as well as interacts with clients, prospects, regulators and external service providers

Liaison with insurance broker and reinsurance brokers as required

Assist with underwriting documentation and decisions in conjunction with the Client Service Team and the Practice Underwriting resources, as appropriate

Monitoring of exposures and risk transfer pricing within assigned portfolio

Obtain regulatory approval for changes to the business plan

Obtain Board approval for underwriting decisions

Monitoring of domicile solvency and capital requirements

Obtaining regulatory approval of changes to business plan

Obtaining board approval for underwriting decisions

Accounting for premium

Agree reserving methodology

Ensure the production of management financial statement accounts, statutory accounts and information, budgets, cash flow statements and supplementary information as required

Assist with the adoption of appropriate accounting practices and ensure adherence thereto

Manage or supervise cash requirements of the companies

Liaise with and monitor investment managers in respect of invested funds

Assist Client Service Team with co-ordination of board meetings

Ensure timely production and accuracy of board papers

Ensure timely production of minutes and review prior to distribution

Action matters arising from client meetings

Ensure relevant company secretarial functions are performed in a timely manner

Ensure compliance with Corporate Governance

To assist in providing input on strategic and operational issues

Assume responsibility for a specific area of company strategy

To assist in implement policies adopted by Practice

Contact is maintained with all client directors and that they are advised of any developments

Keep Practice leadership apprised of client developments

Entertain clients & prospects as required

Support Senior Management in performing board insight, perspective & thought leadership as required

Understands importance of Internal Control procedures and the WTW code of Conduct and works to be seen as a role model in the office

Qualification

CPA qualificationCaptive insurance knowledgeFinancial statement preparationAdvanced Computer SkillsClient relationship skillsProject Management skillsBoard meeting presentation skillsComplianceProblem resolutionInfluenceCommunication skillsLeadership skills

Required

4-year degree in Accounting, Finance or equivalent work experience, or related area or CPA qualification

Advanced Computer Skills

In depth knowledge and experience of captive insurance and insurance industry in the following areas: (1) accounting for captives (2) insurance products, and (3) problem resolution

Willis Towers Watson knowledge (platforms, structure, etc.)

Ability to monitor quality control

Client relationship skills

Project Management skills

Board meeting presentation skills

Working toward Leadership and People Management skills

Compliance

Can solve complex issues and will raise highly complex issues to higher level

Ability to influence and negotiate

Excellent verbal and written communication skills

Benefits

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)

Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)

Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.